Bachelor of Economics and Master of Economics

Program Overview

This accelerated Combined Bachelor and Master in Economics program at UWA equips students with advanced knowledge in economics and quantitative skills through a comprehensive curriculum covering micro- and macroeconomics, econometrics, and data analytics. Graduates are highly sought after in the job market, particularly in finance, government, and research, due to their technical expertise and problem-solving abilities. The program also features experiential learning opportunities and is ranked among the top in Australia for Economics and Econometrics.

Program Outline

Degree Overview:

This accelerated pathway will provide students with high-level, discipline-specific knowledge in economics, with a heavy focus on developing your quantitative and analytical skills, and on exposing students to the breadth of disciplines that economics can cover. Behind that statement though lies a social science that has important contributions to make across and between an enormous range of disciplines – from history and politics, through to mathematics, philosophy, public policy, finance and the sciences. This Combined Bachelor and Master (CBM) course gives students the opportunity to be involved in a program that not only has breadth across these different disciplines, but significant depth as well. Over the course of your studies, you will be exposed to the latest micro- and macro-economic theories, covering both domestic and global markets. The theoretical, applied and data analytics training students will receive over the course of this programme will provide students with skills that are highly valued in the workplace by both private and public institutions. Over a long and proud history, our graduates have gained employment across a wide range of areas – from highly sought-after and competitive places with the Reserve Bank of Australia and Treasury, through to large financial institutions. Across the board, employers value graduates who not only have significant technical knowledge, but also have the critical thinking and problem-solving skills that are a feature of an economist’s training here at UWA.

Outline:

Undergraduate

• Level 1
• Core:
• ECON1101 Microeconomics: Prices and Markets (6 points)
• ECON1102 Macroeconomics: Money and Finance (6 points)
• STAT1520 Economic and Business Statistics (6 points)
• Bridging:
• ECON1111 Quantitative Methods for Business and Economics (6 points) - Required for students who have not achieved a scaled mark of at least 50 in Mathematics Methods ATAR or equivalent or higher.
• Level 2
• Core:
• ECON2233 Microeconomics: Policy and Applications (6 points)
• ECON2234 Macroeconomics: Policy and Applications (6 points)
• ECON2271 Introductory Econometrics (6 points)
• ECON2272 Intermediate Mathematics for Economists (6 points)
• Option:
• Choose units to the value of 6 points from the following:
• ECON2105 Rise of the Global Economy (6 points)
• ECON2106 Asia in the World Economy (6 points)
• ECON2210 Monetary Economics (6 points)
• ECON2245 Business Economics (6 points)
• Level 3
• Core:
• ECON3302 Applied Microeconomics (6 points)
• ECON3303 Applied Macroeconomics (6 points)
• ECON3371 Applied Econometric Methods and Data Analysis (6 points)
• Option - Electives:
• Choose units to the value of 18 points from the following:
• ECON3205 Health Economics (6 points)
• ECON3206 Economic Analysis Project (6 points)
• ECON3220 Development Economics (6 points)
• ECON3235 International Trade (6 points)
• ECON3236 International Finance (6 points)
• ECON3301 Game Theory and Strategic Thinking (6 points)
• ECON3310 History of Economic Ideas (6 points)
• ECON3350 Money, Banking and Financial Markets (6 points)
• ECON3395 Economic Policy (6 points)
• WILG3001 Work Integrated Learning Internship Program (6 points)

Postgraduate

• Conversion:
• Students may be required to complete relevant conversion units up to the value of 24 points, as advised by the Faculty.
• Core:
• ECON5508 Advanced Macroeconomic Theory (6 points)
• ECON5509 Advanced Microeceonomic Theory (6 points)
• Option - Group A:
• Choose units as per sequence notes from the following:
• ECON4408 Advanced Development Economics (6 points)
• ECON4410 Environmental and Resource Economics (6 points)
• ECON4413 Applied Advanced Econometrics (6 points)
• ECON4503 Advanced Economic Analysis (6 points)
• ECON5506 The Economics of Financial Markets (6 points)
• ECON5518 Economics of Global Health and Policy (6 points)
• ECON5519 Public Economics (6 points)
• ECON5570 Health Analytics (6 points)
• WILG5001 Work Integrated Learning Internship Program (6 points)
• Option - Group B:
• Choose units as per sequence notes from the following:
• ECON5881 Master's Dissertation (Economics) Part 1 (6 points)
• ECON5882 Master's Dissertation (Economics) Part 2 (6 points)
• ECON5883 Master's Dissertation (Economics) Part 3 (6 points)
• ECON5884 Master's Dissertation (Economics) Part 4 (6 points)

Careers:

This course opens up a world of future study pathways and career options.

• Master of Economics - Be at the forefront of economic research and decision making in the government or private sectors.

Other:

• Our accelerated pathway means you will finish your two degrees in only four years, with the additional benefit of two dedicated experiential units that will provide unique opportunities for work integrated learning, internships, or developing your research skills.
• This course is entirely unique: UWA is the only university in Western Australia to offer a dedicated Bachelor of Economics.
• You'll also have the opportunity to join the Economics Society of Australia (WA Chapter) to increase your networks and develop lifelong relationships in the industry.
• No.
1 in WA for median starting salary in Business and Management (QILT 2019)
• UWA is ranked in the top 10 universities in Australia for Economics and Econometrics (QS World University Rankings by Subject 2023 & 2024).
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