Please note: Information on this page relates to the 2015 academic year unless otherwise specified.
On this page:
- BCom and BA major requirements
- Postgraduate information
- How to find out more
- Related subjects and careers
- Course information
This subject is taught by the School of Economics and Finance.
We live in a complex and culturally diverse world. Our lives are affected by the economic decision-making of individuals, local communities and businesses, local and central government, and overseas businesses and governments.
By studying economics, you come to understand and learn how to use:
- the ideas, concepts, and approaches needed to inform the decision-making involved in allocating scarce resources, producing goods and services, and deciding how to distribute these goods and services amongst individuals and communities;
- models (both macro and micro) to simplify and/or explain the real world and make predictions about it;
- tools that enable them to evaluate economic decisions made by others (in individual, business, governmental and global contexts) and to make informed, efficient, equitable decisions for the future.
Successful economic analysis is both an art, acquired gradually through practice, and a science, demanding quantitative skills. It is also an excellent complement to the study of various other disciplines including Law and social sciences. The emphasis on mathematical skills varies with programmes of study: those studying law and economics, for example, have a very low mathematical requirement whereas advanced microeconomics requires some mathematical skill.
Victoria University offers economics as a major for a Bachelor of Arts (BA), and for a Bachelor of Commerce (BCom). It can be earned as a conjoint BCom/Bachelor of Science (BSc) degree that has a lower credit requirement than the two degrees taken separately. Another popular combination is a major in economics under a conjoint BCom/Bachelor of Laws (LLB) degree.
- ECON 130, 141, QUAN 102 (or MATH 177 or STAT 131/193), QUAN 111 (or MATH 141/142, 151)
- ECON 201, 202; one of (ECON 211, 212, FINA 201, MATH 277, QUAN 201, 203, STAT 231, 233)
- Any three courses from ECON 301-399; FINA 304, 306; PUBL 303
Pathways to BCom
The BCom core consists of seven courses: ACCY 130 (or 111), ECON 130, FCOM 111, INFO 101, MARK 101, MGMT 101 and QUAN 102.
If you plan to major in Economics, you should take ECON 130 and ECON 141 in your first year. You are very strongly encouraged to also take both QUAN 102 and QUAN 111 (or Statistics and Mathematics equivalents).
BCom students are required to take FCOM 111 in their first year for referencing and writing skills, as well as a general introduction to business in New Zealand.
If you are a full-time student, this means that three other courses can be chosen from ACCY 130 (or 111), INFO 101, MARK 101 and MGMT 101, in your first year, with the remaining core course left till later years.
Pathways to BA
If you plan to major in Economics you should take ECON 130 and ECON 141 in your first year. You are very strongly encouraged to also take both QUAN 102 and QUAN 111 (or Statistics and Mathematics equivalents).
Economics as a second major in a BSc
An attractive option is to take Economics as a second major in a BSc which provides the opportunity to combine subjects that complement each other in nature and understanding, and in employment prospects. Some natural subject combinations include:
- Economics and Mathematics;
- Economics and Geography;
- Economics and Physics;
- Economics and Psychology: these come together in areas that include Behavioural and Experimental economics;
- Economics, Biology and Environmental Science; and
- Economics and Development Studies.
Such combinations give an education in rational thinking which is attractive to businesses and public sector organisations looking for graduates with a broad perspective.
These are the attributes that we expect our ECON majors to have by the time they graduate. They will be able to:
- Use logical reasoning
- Comprehend and apply theories and practices of economics and finance
- Comprehend the basis and interpret the role of the key assumptions of micro-, macro-, and monetary economic theories
- Interpret and appraise the construction of economic data
- Instigate, describe and explain comparisons of economic theories with observed and measured relationships
- Describe, analyse and explain the reasons for key economic and monetary institutions
- Use theory and data to assess economic policies
- Structure for analysis unstructured issues in economics
Postgraduate qualifications in Economics
- Graduate Certificate in Commerce
- Graduate Diploma in Commerce
- Bachelor of Commerce (Honours)
- Master of Commerce
- Master of Professional Economics
- Bachelor of Arts (Honours)
- Master of Arts
- PhD in Economics
Want to find out more about studying at Victoria? Register now to find out more about your study options and keep updated on application and enrolment information, open days and events.
If you need help deciding what degree might be right for you, or what courses to take, talk with a liaison officer or book a course planning session with us, call 0800 VICTORIA (842 867) or email firstname.lastname@example.org.
If you’re a returning or transferring student, contact the Faculty Student and Academic Services Office, for help with degree planning and for information on admission requirements and transfer credit from other institutions.
Economics courses are taught within the School of Economics and Finance.
Course learning objectives
Each course has specific learning objectives that we expect students to have attained by the time that they have successfully completed the course.
Download the course learning objectives below:
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|Economics—course learning objectives||134 KB|
List of courses
Please note: the list below shows undergraduate-level courses only. For a complete course listing, see the list of all Economics courses.