- Economics is at the forefront of controversial public policy issues such as economic growth and the stability of the entire economy, regulating financial institutions, monetary and fiscal policies, dealing with the Australian economy, resource taxation, financing education, immigration, health insurance markets and retirement income planning.
- The major includes core subjects in microeconomics and macroeconomics. Microeconomics provides the framework for analysing issues in taxation, trade and the competitive structure of markets, while macroeconomics focuses on the forces that influence long-term economic growth, inflation, unemployment and the balance of payments.
- By exploring both microeconomics and macroeconomics, student will develop the capacity to understand the fundamental workings of the economy and markets, and implications of economic policy.