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Economics explores how people and societies make decisions, use important resources, and respond to incentives. Studying with us, you can follow your passion and shape the world. You鈥檒l learn to solve economic and financial challenges faced by industry, government, and society.

Our applied Economics program focuses on current issues in Tasmania and beyond. Your studies will explore a range of topics such as international trade, conservation and management of natural resources, sustainable energy, contemporary business strategy as well as social issues such as crime, housing, and health. You鈥檒l also develop a deep understanding of how decisions are made by individuals, firms, and governments.

Course objectives: The Bachelor of Economics at the University of Tasmania builds individual capacity for economic thought, and the ability to apply this mindset to solving problems faced by industry, government and the society at local, national and global levels. Our graduates will have the ability to synthesise information and build empirically-valid models to support economic decision making. They will acquire skills to frame problems through an economics lens, to critically analyse data of relevance, and to generate knowledge and innovative evidence-based recommendations to support policy and practice.

Our curriculum is research-led, with a strong connection to the issues impacting on regional areas such as Tasmania. Throughout the curriculum, we draw heavily on the expertise of our disciplinary scholars to explore areas as diverse as conservation and management of natural resources (such as forests, fisheries and water resources), sustainable energy, social issues (such as housing, health and gambling), economic decisions of individuals and firms and their labour market implications, through to the effects of shocks and contagion on economies. Many of these issues are rooted in human behaviour, and our emerging expertise in behavioural economics allows us to bring psychological insights into understanding such behaviours, equipping our students with fundamental knowledge of the micro foundations underpinning macro phenomena. Our teaching is applied in focus, with a range of authentic learning activities linked to real-world economic situations. We provide a curriculum that nurtures economic ways of thinking and provides a context in which economic ideas are critically examined rather than taken at face value.

The core of the Bachelor of Economics exposes students to foundation principles in economic theory to provide disciplinary depth, while the majors allow students to specialise in the economics of industry and policy or the economics of social and environmental issues. The course also serves as a useful double-degree with many other courses across the University, such as Arts, Science or Law.

Learning Outcomes: 1. Collect, analyse and interpret data combined with the application of a broad theoretical and practical knowledge of economics to make evidence-based decisions. 2 Communicate economic reasoning, knowledge, ideas and empirical evidence in ways appropriate to the audience, purpose and context. 3 Critically evaluate economic problems and assess policy issues, using a broad range of economic tools. 4 Collaboratively interact with peers to reflect on ethical issues and the potential differential impacts of economic policies across local, national or international economies.

Career outcomes Economics graduates work in a range of occupations and industries. They are highly sought after by employers who value economic literacy and analytical skills. You鈥檒l gain job-specific skills in your major area of study, so you鈥檙e ready to enter the workforce in a wide variety of careers. These include international development, health, environment, business, banking, finance, public policy, inter-governmental affairs, and diplomacy.