Bachelor of Economics (Economic Analysis)

Hobart(Tasmania)

 

INTAKE: Jul & Feb

Program Overview

The Bachelor of Economics (Economic Analysis) program at the University of Tasmania (UTAS) provides students with a comprehensive understanding of economic principles, theories, and methodologies, with a focus on economic analysis. This program is designed to equip students with the analytical skills and theoretical knowledge needed to understand and address complex economic issues. Through a combination of core economic courses, specialized electives, and practical experiences, graduates emerge prepared for careers in economics, finance, public policy, research, and more.

Curriculum: The curriculum of the Bachelor of Economics (Economic Analysis) program at UTAS is structured to cover a broad range of economic topics, including microeconomics, macroeconomics, econometrics, economic modeling, and applied economic analysis. Core courses provide students with a solid foundation in economic theory and methodology, while specialized electives allow them to explore areas of interest such as labor economics, environmental economics, financial economics, or international economics. Through a mix of lectures, tutorials, seminars, and research projects, students develop critical thinking skills, quantitative analysis abilities, and economic modeling techniques.

Research Focus: UTAS emphasizes research excellence, and students in the Bachelor of Economics (Economic Analysis) program have opportunities to engage in research activities that contribute to the advancement of economic knowledge. Whether through independent research projects, collaborative research initiatives, or participation in research seminars, students gain valuable insights into contemporary economic issues and trends. They develop research skills, data analysis capabilities, and a deeper understanding of economic theory and policy, enhancing their academic and professional development.

Industry Engagement: The University of Tasmania fosters strong connections with industry partners, providing students in the Bachelor of Economics (Economic Analysis) program with valuable opportunities for industry engagement and experiential learning. Through internships, industry placements, guest lectures, and networking events, students have the chance to interact with economists, policymakers, financial analysts, and business leaders. These industry connections provide students with insights into economic trends, policy debates, and career opportunities, helping to bridge the gap between theoretical learning and real-world application.

Global Perspective: In an increasingly interconnected world, UTAS recognizes the importance of providing students with a global perspective on economics. The Bachelor of Economics (Economic Analysis) program offers opportunities for students to explore international economic issues, global trade dynamics, development economics, and comparative economic systems. Whether through study abroad programs, international exchange opportunities, or coursework with a global focus, students gain exposure to diverse perspectives and develop cross-cultural competencies. This global perspective prepares students to analyze and address economic challenges in a global context, contributing to informed decision-making and policy formulation.

Pollster Education

Location

Hobart(Tasmania)

Pollster Education

Score

IELTS 6

Pollster Education

Tuition Fee

AUD 30950

Undergraduate Entry Requirements

Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 65% or above in their previous academic qualifications.

English Language Proficiency:

  • IELTS: Overall band score of 6.0 or 6.5 with a minimum of 5.5 in each component.
  • TOEFL: Overall score of 88 with a minimum of 16 in each section.
  • PTE (Pearson Test of English): Overall score of 58 with a minimum of 50 in each section.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

It's important to note that entry requirements can vary by program and may change over time. Additionally, some programs may have additional requirements, such as interviews, portfolios, or work experience.

The University of Tasmania is dedicated to making quality education accessible to international students from around the world. They offer a range of scholarships that can significantly ease the financial burden of pursuing a degree in Australia.

Tasmania International Scholarships (TIS): These scholarships are designed to attract high-achieving international students. They cover a portion of tuition fees for undergraduate and postgraduate courses, making the university's programs even more affordable.

UTAS Accommodation Bursary: To ensure that international students have access to quality accommodation, the university offers the UTAS Accommodation Bursary, which provides financial support for students living on campus.

Australia Awards Scholarships: These prestigious scholarships are funded by the Australian government and are available to outstanding international students. Recipients gain access to world-class education and research opportunities at the University of Tasmania.

Endeavour Scholarships and Fellowships: International students can apply for the Australian government's Endeavour Scholarships and Fellowships program, which offers financial support for study, research, or professional development at the University of Tasmania.

Specific Country Scholarships: The University of Tasmania provides scholarships targeted at students from specific countries, promoting diversity and cultural exchange among the student body.

Research Scholarships: For those pursuing research-based programs, the university offers a range of scholarships to support graduate research students in their academic and research endeavors.

Sports Scholarships: Talented athletes looking to combine their passion for sports with higher education can apply for sports scholarships, which provide support for both their academic and athletic pursuits.

Foundation Studies Scholarships: International students who need to complete a foundation studies program before commencing their degree can apply for scholarships to assist with this preparatory phase.

Graduates of the Bachelor of Economics (Economic Analysis) program at the University of Tasmania (UTAS) are well-equipped to pursue a wide range of rewarding career paths in various sectors.

Economist: Economists analyze economic data, trends, and policies to provide insights into issues such as inflation, unemployment, fiscal policy, and international trade. With their strong analytical skills, quantitative abilities, and understanding of economic theory, graduates can pursue careers as economists in government agencies, central banks, research institutes, consulting firms, or multinational corporations. They conduct economic research, develop economic models, and provide economic forecasts and policy recommendations to inform decision-making and shape economic outcomes.

Financial Analyst: Financial analysts assess investment opportunities, evaluate financial data, and provide recommendations to individuals, businesses, or institutions looking to make informed financial decisions. With their understanding of financial markets, risk assessment techniques, and economic principles, graduates can pursue careers as financial analysts in investment banks, asset management firms, hedge funds, or corporate finance departments. They analyze financial statements, perform valuation analyses, and conduct market research to support investment decisions and optimize financial performance.

Policy Analyst: Policy analysts research and analyze public policies, regulations, and legislation to assess their economic impact and effectiveness. With their critical thinking skills, research abilities, and understanding of economic theory, graduates can pursue careers as policy analysts in government agencies, think tanks, advocacy organizations, or non-profit organizations. They evaluate policy proposals, conduct cost-benefit analyses, and provide policy recommendations to policymakers and stakeholders to address social, economic, and environmental challenges.

Data Analyst/Statistician: Data analysts and statisticians collect, organize, and analyze large datasets to identify patterns, trends, and relationships that inform decision-making and strategic planning. With their quantitative skills, statistical knowledge, and econometric expertise, graduates can pursue careers as data analysts or statisticians in government agencies, research institutions, financial firms, or technology companies. They use statistical software and programming languages to manipulate data, perform statistical analyses, and generate insights that support data-driven decision-making and business strategies.

Market Research Analyst: Market research analysts study market conditions, consumer behavior, and competitive landscapes to provide insights into market trends, opportunities, and threats. With their research skills, data analysis abilities, and understanding of economic principles, graduates can pursue careers as market research analysts in market research firms, advertising agencies, or corporate marketing departments. They design research studies, collect and analyze data, and prepare reports to help businesses understand consumer preferences, identify target markets, and develop marketing strategies.

International Trade Specialist: International trade specialists facilitate and manage international trade transactions, helping businesses navigate the complexities of global markets and trade regulations. With their knowledge of international economics, trade policies, and global market dynamics, graduates can pursue careers as international trade specialists in government agencies, trade associations, or multinational corporations. They provide advice on import/export regulations, conduct market research, and assist businesses in expanding their international trade activities to achieve business growth and competitiveness.

Consultant: Consultants provide expert advice and solutions to businesses, governments, or organizations facing complex economic challenges and opportunities. With their analytical skills, problem-solving abilities, and sector-specific knowledge, graduates can pursue careers as consultants in management consulting firms, economic consulting firms, or advisory agencies. They analyze client needs, conduct research, and develop strategic recommendations to help clients improve performance, optimize operations, and achieve their business objectives.


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