Economics

Economics is essential to modern life, because it seeks to understand, assess and explain the mechanisms of markets and national economies.

The Economics major builds problem-solving skills that are applicable to careers in business and government. It will teach you how to analyse and interpret data and equip you with the tools to find smart solutions for the numerous problems confronting governments and the commercial world.

Three areas of study are available within the main discipline: microeconomics, macroeconomics and econometrics, and quantitative methods.

Economics is offered as a major in the at Melbourne. Applicants must have completed VCE Units 3 and 4 Mathematical Methods or equivalent.

Graduates with an Economics major are well placed for a career in the following areas:

• Economic consulting and political analysis
• Government roles
• Industry associations and trade unions
• Merchant and trading banks, investment firms, stockbroking and insurance companies
• Transport, communications, mining, retail, manufacturing.