The University of Newcastle

Bachelor of Commerce (Economics)

The Bachelor of Commerce is a practical and flexible degree, with core courses designed to give you a thorough overview of business and commerce environments, before you specialize in Accounting, Economics, or Finance.

When you study a commerce degree, you will be equipped to make a smooth transition from the classroom to the boardroom, by acquiring skills that employers value.

A sense of global citizenship is imparted through international case studies and cross-cultural analysis. Through courses in your chosen major, you will gain insight into the interplay between the financial, legal, political and economic systems and how these factors influence the contemporary business environment, both in Australian and global contexts.

Economics

• ECON2002 - Intermediate Macroeconomics
  This course builds on the first-year course by extending and deepening the analytical and policy framework. New analytical approaches are developed to examine the important debates about the operation of the labor market and employment determination, the role of financial markets in the changing global economy, and the conduct of macroeconomic policy.
• ECON2001 - Intermediate Microeconomics
  Intermediate microeconomics expands on the concepts and ideas developed in the previous subject (ECON1001), building applicable models and tools for empirical analysis. Students are introduced to microeconomic models of the market, including the individual decision-maker, the household, and the firm to measure and understand market forces, constraints, and failures.
• ECON3008 - International Macroeconomics
  This course extends intermediate macroeconomic theory and policy analysis to the advanced examination of both historical and contemporary issues in international macroeconomics. Global economic interdependence means our lives – consumption, investment, labor market outcomes, policies, technology, and culture among others - are constantly affected by economic developments in other countries.
• ECON1002 - Macroeconomics in the Global Economy
  The state of the macroeconomy is a major influence on employment opportunities, business profits, and investment returns, which impacts directly on the economic and social welfare of a nation's citizens. This course outlines key principles of macroeconomics within the context of an open economy and provides a framework for understanding the interaction between its key stakeholders.
• ECON1001 - Microeconomics for Business Decisions
  The Microeconomics for Business Decisions course examines how individual economic units (households and firms) make choices and interact in markets to determine prices and allocation of scarce resources.