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What is economics?Ìý

Economics isÌýa fieldÌýthatÌýchanges constantly and adaptsÌýto the modern world, while holding on to scientific objectivity.ÌýIt offers techniques and anÌýanalytical basis for understanding and evaluatingÌýincentives and decisionÌýmaking by individuals, businesses and governments.ÌýÌýA primary goal of economics is to determine how to improve efficiency and living standards.Ìý

Why study economics at ¹úÃñ²ÊƱ?Ìý

Studying economicsÌýwill equip you withÌýtheÌýanalytical tools and critical thinking skillsÌýto understandÌýand make an impact on some of our greatest global challenges.Ìý¹úÃñ²ÊƱ offersÌýdiverseÌýeconomicsÌýspecialisationsÌýand coursesÌýacrossÌýa number ofÌýdifferent degrees, allowing you toÌýtailor your expertise to the areas that interestÌýyou.ÌýThese include:ÌýÌý

• Economic Policy and SocietyÌý
  Understand economic theory and analysis. Learn how it is applied in the real-world through business, government and policy. Ìý
• Macroeconomics and Financial MarketsÌý
  Macroeconomics is the study of how governments manage economies to improve lives and create growth. Financial economics explores financial markets and risk management. Learn how these influential forces interact.Ìý
• Data Analytics and EconometricsÌý
  Learn economic methods for organising, modelling, and analysing large and complex data. Ìý
• Business EconomicsÌý
  Use economic theory and quantitative methods to understand and analyse the financial, organisational and market-related issues faced by businesses.
• Behavioural EconomicsÌý
  Apply insights about human decision-making and individual choices to business and policy scenarios.
• Economics and Finance Ìý
  Study how individuals, firms, financial institutions and government interact in financial markets. Analyse economic decision making in the context of real-world events through this Master of Commerce specialisation.Ìý
• Applied EconomicsÌý
  Prepare to become a professional economist. Gain advanced knowledge and practical skills in economics, as well as research and communications skills through the Master of Applied Economics.ÌýÌý

Your career opportunities

Economists have diverse careers which influence unemployment and inflation, economic growth and development, income inequality, industrial organisation, public policy design and implementation, and management of the environment.Ìý

Studying Economics will make you adaptable and capable of taking on diverse roles including:

• Business analyst
• Economic consultant
• Economic researcher
• Financial analyst
• Graduate economist
• Investment analyst
• Management consultant
• Policy advisor
• Statistical analyst
• Superannuat