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undergraduate

Degree

Bachelor of Economics

Course code: #C000119

undergraduate

Degree

Bachelor of Economics

Quick facts

  • Annual tuition (2024)

    $43,200 AUD

  • Application fee

    Free

  • Duration

    3 years

  • PSW

    2 years

  • Min GPA

    54 out of 100

  • CRICOS code

    001362K

Highlights
Practical Experience

These are mandatory and all come with course.

Deadlines

Term start& deadline Deadline
Fall-February 05-February-2024 2024-02-05
Winter-July 08-July-2024 2024-07-08
Fall-February 05-February-2025 2025-02-05
Winter-July 08-July-2025 2025-07-08

Overview

Bachelor of Economics

Economic issues are inherent in our everyday lives. Economics affects us as consumers, employees, producers, investors, manufacturers, carers, etc. 

As members of society, we all need to be able to make informed decisions about the optimal allocation of our limited resources.

Macquarie’s Bachelor of Economics will give you a sound understanding of today’s complex economic environment and the skills to design economic systems that promote welfare, fairness and sustainability. 

You’ll learn about how modern economies operate, trade and grow, the role of prices and markets in allocating scarce resources, and the sorts of policy interventions that can be introduced when economic outcomes are less than optimal.

Key features

  • Build a custom-made degree to meet your individual needs
  • Study econometrics and meet the expectations of major employers
  • Study in state-of-the-art facilities
  • Study at a globally recognised institution

Estimate your cost

Residency
Count of person

$55,824

Total costs

yearly

Details


Cost of living 1 person $10,920
Accommodation 1 bed room $12,624
Tuition 1 person $43,200

Hourly wage

Min wage

23.23 AUD / 1 hour

in Australia every student can work 48 hour per fortnight

Required documents

  • Certified copies of Academic/Official Transcripts
  • Certified copies of award certificates or completion certificates from previously completed studies
  • Certified copies of Language Proficiency (If Applicable)
  • Certified copy of Passport or Visa Documents

Language requirements

GRE
not required
GMAT
not required

IELTS

6.5
6
listening
6
writing
6
speaking
6
reading

TOEFL

83
12
listening
21
writing
18
speaking
13
reading

PTE

58
52
listening
52
writing
52
speaking
52
reading

Cambridge

180
169
listening
169
writing
169
speaking
169
reading
Language pathway (conditional offer) is available

Duolingo overall 115 with no band less than 110*

*Duolingo English Test (DET) is accepted as a COVID measure for applicants from mainland China only up until 30 November 2023.

The following online English tests are no longer recognised as of 1 May 2023:

  • IELTS Indicator / IELTS Online
  • TOEFL iBT Home Edition
  • PTE Academic Online

Students who do not meet the English language requirements but are otherwise eligible for a program of study may be issued an offer that includes an English preparation program at the Macquarie University English Language Center (i.e., a packaged offer). 

International students with a packaged offer can apply for a single student visa covering their English preparation program and course of study at Macquarie University.

Entry Requirement  (Overall)Number of estimated weeks to reach required IELTS score (Overall)
IELTSTOEFL iBT

Pearson

(PTE)

5.56.06.57.07.5
4.0443030-4040-5050+50+50+
4.5523520-3030-4040-5050+50+
5.0604110-2020-3030-4040-5050+
5.566491-1010-2020-3030-4040-50
6.07350 1-1010-2020-3030-40
6.58358  1-1010-2020-30
7.010065   1-1010-20

Academic background and requirement

To apply for an undergraduate program, international students will need to have completed one or more of the following academic qualifications:

  • A recognised senior secondary school qualification or university entrance examination, such as the New South Wales Higher School Certificate (NSW HSC) or other equivalent Australian or overseas high school qualification
  • A recognised university Foundation course
  • A recognised 2 or 3-year Diploma, Advanced Diploma or Associate Degree
  • At least one year of a university degree from a recognised institution

Assumed knowledge

  • HSC Mathematics Advanced or equivalent.

If you don't have the assumed knowledge, you're advised to include a mathematics or quantitative methods elective unit in your first year of study.

Recommended studies:

  • None.

China: 

  • Gao Kao - Shanghai (out of 660):                       397 (60%)
  • Gao Kao - All other provinces (out of 750):         473 (63%)
  • Chinese Senior Secondary School (selected schools)  80%
     

India:

  • Indian AISSC    70 - 74%
  • Indian HSSC     70 - 74%
  • Indian ISC        70 - 74%

Iran:

  • Iranian Senior Secondary School (from 2019):  Not accepted for Bachelor entry
  • Iranian Senior Secondary School (pre-2019): Not accepted for Bachelor entry
     

Foundation and Intensive programs

If you have completed at least a Year 11 equivalent qualification and need additional academic support or further English skills to enter the first year of your undergraduate degree, these programs are for you. 

  • Standard Foundation program

The Standard Foundation program is designed for students needing extra academic and English support before they are undergraduate-ready. You need to have completed at least a Year 11 equivalent qualification to apply.

  • Intensive program

The Intensive program is designed for students needing extra academic support before they are undergraduate-ready. You need to have completed a Year 12 equivalent qualification to apply.

Career opportunities

  • Econometrician
  • Economist
  • Financial adviser or analyst
  • Investment analyst
  • Market analyst
  • Policy analyst

Sydney weather chart

Sydney weather chart

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