Undergraduate
Economics
Contact us
Address
Student Central
The University of Western Australia (M355), 35 Stirling Highway, Perth, Western Australia 6009
Telephone
131 UWA (131 892)
International
(+61 8) 6488 1000
Hours
Frequently asked questions
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Careers and further study
This course opens up a world of future study pathways and career options.
Career Pathways
Further Study
Master of Economics
Fees and scholarships
Undergraduate – Full Fee Paying (FFP) & Commonwealth Supported Places (CSP)
The Annual Fee is an estimate only based on a standard annual study load of 48 points. (Courses may teach up to 72 points in a year)
FFP
For Full Fee Paying places, students are charged an annual course fee. Visit the Fee Calculator select 'Postgraduate Coursework Fee-Paying' and chose your course to see the annual and total course fees.
CSP
For Commonwealth Supported Places, student contribution amounts are charged by unit. For an accurate fee estimate, go to the Fee Calculator select 'Postgraduate Coursework Commonwealth-Supported' and chose ‘I want to price my units’.
Scholarships
Scholarships are available to students from a diverse range of backgrounds, including academic achievement, financial need, educational disadvantage, leadership and community service, artistic or sporting achievements, and being from a rural or remote area.
Cost of living
Undergraduate – onshore students
Annual course fees are calculated based on a standard annual study load of 48 credit points.
Scholarships
Scholarships are available to students from a diverse range of backgrounds, including academic achievement, financial need, educational disadvantage, leadership and community service, artistic or sporting achievements, and being from a rural or remote area.
Cost of living
Admission requirements
The University of Western Australia welcomes applications from international and domestic school-leavers. If you’re interested in studying this major, find out the admission details below.
Minimum entry requirements
- 8
- 525
- 12
- 3.3
- 27
- 8
- 66
- 60
- 270
- 75
- 80
- 320
Admission requirements
English competency
English is the language of instruction and assessment at UWA and you will need to meet the English language requirements of the University to be eligible for a place.
Minimum overall score of 6.5 with no band less than 6.0 (must include Academic Reading and Writing modules).
How to apply
Ready for the next step?
Find out how to apply through our simple online application process.
We'll guide you through our entry requirements, admission pathways available to you and application deadlines for your chosen course.
We can’t wait for you to join us!
Course details
About the course
Quick details
- Available
- Albany (Regional campus)
- Perth (Crawley campus)
- Full-time
- Part-time
- On-campus
- Semester 1, Semester 2
- 12-15 contact hours, plus at least twice as much of your own study time
- Undergraduate
- MJD-ECNSM
- 3 years (BCom); 4 years (BPhil [Hons])
Serena Russell
Serena Russell
"Hi, I’m Serena! Some background about me: I graduated from UWA at the end of 2019 after completing my Honours in Economics, with an undergraduate degree majoring in Economics and Finance. I then started my career as an analyst in the Reserve Bank of Australia’s Graduate program. After working there for a couple years, I moved back to Perth and I am currently an analyst in the Economic and Revenue Forecasting team at the WA Department of Treasury.
So: why choose to study economics?
There are many reasons, but to put it simply, economics is everywhere and studying it allows us to better understand the world around us. It teaches you to look at the world more critically, and helps to explain a variety of questions from ‘why is fuel so expensive right now?’ to ‘why are women on average still being paid less than men?’.
For me personally, studying and working in economics has allowed me to contribute to a range of really exciting work. As you can imagine, starting my career at the beginning of 2020 was a bit of a rollercoaster. I had only worked at the RBA for 6 weeks when we first went into lockdown. My role at the time was in the International Financial Markets team, where I focused on monitoring developments in Chinese fiscal and monetary policy and the evolution of their financial system. This work was used to keep senior management and the Board informed about major market developments and inform policy discussions at the RBA. Watching the policy landscape change so quickly throughout the COVID-19 crisis and having the opportunity to contribute to discussions that ultimately lead to the use of unconventional monetary policy for the first time in Australia was an incredible experience that I am very thankful for.
If that wasn’t convincing enough, you can travel! While the specific conditions will vary wherever you are, the economic fundamentals that you learn at uni can be taken with you and applied in almost any place/job. Many of my past and present colleagues have worked all over the world doing all sorts of amazing work, from working at the IMF or BIS in the US and Europe, to tackling development issues and foreign aid in Asia and the Pacific.
And for those that are interested in economics, but aren’t necessarily sure if it’s what you want to do as a career - don’t think studying economics means you can only become an economist. Even if you choose to pursue a career outside of the economics field, you will be surprised at how often you apply the knowledge you learn in only a few economics courses at uni. Your economics knowledge will only ever broaden your skillset and make you more employable, regardless of what path in life you choose."
- Serena Russell
Zerlin Eng
Zerlin Eng
I chose Economics and Finance as my majors because I’m interested in how financial markets and world economics work together. I would like to develop my career in investment banking industry after I graduate from UWA.
Meet our students
Why business degrees are worth it
In this uncertain climate, a business degree is a valuable investment. Australian business graduates enjoy some of the highest employment rates in the country - here's why a business degree is worth it.
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Our undergraduate degrees offer you a broad range of options allowing you to combine subjects in a way that matches your career goals and personal interests.
Popular combinations
Find out more about studying at UWA
Put theory into practice
Current UWA students are eligible to take one of our professional experience units. These units bridge the gap between university and the workplace by providing opportunities to gain hands-on, practical experience. You can master new skills, make connections and network, get a taste of the opportunities in the workforce and add experience to your resume, all before graduating.
Find out more about Work Integrated Learning.
Sophie Harwood
Sophie Harwood
"After finishing my Bachelor of Commerce at UWA, I completed an Honours in Economics. I was interested in assessing how the economy affects mental wellbeing, and my thesis investigated links between job insecurity, macroeconomic conditions and the mental wellbeing of employed Australians (using the HILDA and ABS data).
In 2019, I moved to Canberra to participate in the Productivity Commission’s graduate program. The Commission is the Australian Government’s independent research and advisory body, which is largely focused on economic issues that affect the welfare of Australians. As a graduate at the Commission, I worked on the Mental Health Inquiry (released in 2020), assessing government-run income and employment support programs for people with mental ill-health. From this work, a recommendation for the government to trial further expansion of the Individual Placement and Support program to assist people with mental illness to participate in the workforce was given $5.7 million in funding in the 2021-22 federal budget.
For the last two years, my work has focused on electrical and electronic waste, such as waste TVs, computers and small appliances. This has included a chapter in the Commission’s Right to Repair inquiry on electrical and electronic waste, which looked into how this waste stream is managed. I continued to work on this waste stream as a secondee to the Department of Agriculture, Water and the Environment as part of the Waste Reform and Integration Taskforce. Once my secondment has finished at the end of June, I will be returning to the Commission to work on the Closing the Gap reporting and data repository."
- Sophie Harwood
What's the difference between the Bachelor of Commerce and Bachelor of Business?
If you’d like to study business, how do you decide between a Bachelor of Business and a Bachelor of Commerce? We tell you how.
Why take a second major
- Expand your skills - Taking a second major either in a complementary area or in something like music or languages will show you have developed skills such as, teamwork, creativity, critical thinking, digital literacy and presentation skills – which are highly sought after in the workforce.
- Add it to your resume – Employers are looking for graduates who have skills in a variety of areas. Two majors will expand your career prospects and help you stand out amongst the crowd.
Your degree options
You can study economics at UWA as a single major in the Bachelor of Commerce; or in the Bachelor of Economics degree (Professional Economics major); or as part of the Bachelor of Philosophy, Politics and Economics; or in the Bachelor of Economics and Master of Economics degree.
Bachelor of Commerce
Course information
You'll learn to
- analyse economic problems using micro and macro economics
- critically evaluate issues using economic research
- communicate the results of economic research to economists, business professionals, policy makers in government and the public at large
- work both as an individual analyst and as a member of a team while being aware of, and sensitive to, personal, social, ethnic and/or international backgrounds
Bachelor of Economics (Honours)
Anushka's Story
Accreditation
The UWA Business School is accredited through both EQUIS, the European Quality Improvement System, and AACSB, the Association to Advance Collegiate Schools of Business. These are the leading business school accreditations in Europe and North America respectively, meaning that your business degree will be recognised by employers around the world.
Tyler Reysenbach
Tyler Reysenbach
"Studying economics has led to such interesting opportunities for me. It is more than dollars and cents and can be applied to so many different and interesting problems.
With my economics degree, I have thought about 'how does the government assess the effectiveness of policies for Aboriginal and Torres Strait Islander people', 'how to better target the COVID-19 vaccine rollout' and, now I am thinking about 'how to set up our migration system for success once borders open'.
Economics has so many different applications – you’re never limited to just one area.
An economics degree also gives me the flexibility to work a variety of different jobs. At the Productivity Commission, I worked on long-term policy research, summarising the evidence to produce recommendations for government. At the Department of the Prime Minister and Cabinet, I was working on quick-turnaround data analytics to track the vaccine rollout. There’s no end to what you can do with an economics degree – it gives such a strong grounding to think through different problems (both in theory and empirically)."
- Tyler Reysenbach
Tyler is an associate at the Grattan Institute. Previously, she worked as a data analyst in the Central Analytics Hub at the Department of the Prime Minister and Cabinet on topics including the COVID-19 vaccine rollout and Australia’s reopening. She started her career at the Productivity Commission working on the Indigenous Evaluation Strategy and Vulnerable Supply Chains inquiries. Tyler graduated from UWA in 2018 after completing her Honours looking at the effect on migrant networks on labour market outcomes.