Questions about Bachelor of Economics
Short answers, pulled from the story.
What is a Bachelor of Economics degree?
A Bachelor of Economics (abbreviated BEc or BEcon) is a specialized undergraduate academic degree focused on economic theories, principles, and models. It is substantially more theoretical and mathematically rigorous than the economics major found within generalist degrees such as a Bachelor of Arts or Bachelor of Commerce. Graduates commonly pursue careers in economic analysis, policy development, finance, and business consulting.
What subjects are studied in a Bachelor of Economics program?
The core curriculum covers microeconomics, macroeconomics, and econometrics, typically taught to the intermediate level. Students also study branches including monetary economics, international economics, development economics, labor economics, and welfare economics. Electives extend into areas such as agricultural economics, environmental economics, and financial economics.
How is the Bachelor of Economics different from a regular economics major?
The Bachelor of Economics is substantially more theoretical and mathematically rigorous than the economics major within generalist undergraduate degrees like the BA or BBA. It typically requires dedicated courses in mathematical economics and econometrics, along with software training in packages such as STATA, EViews, and R.
What software do Bachelor of Economics students use for econometrics?
Students are trained on packages including STATA, EViews, and R for econometrics coursework. These tools are used to apply single-equation methods such as linear regression and time series analysis to real-world economic data.
What is the Honours year in a Bachelor of Economics?
Several universities offer the Bachelor of Economics as three years of coursework followed by a separate one-year Honours degree, a format described as three plus one. The Honours year requires completing a research thesis and carries additional mathematics requirements. At other institutions, Honours is integrated into a four-year structure.
Can a Bachelor of Economics be combined with other disciplines?
Yes. Economics is commonly combined with a second major in finance, management, mathematics, or computer science. The interdisciplinary PPE degree integrates philosophy and politics with economics. Some business schools also offer joint programs with the economics department, and degrees in Financial Economics build finance directly into the economics curriculum.