Bachelor of Economics (Advanced) (BEc(Adv))
Bachelor of Economics (Advanced) (BEc(Adv))
Program Code
BECA
Program Faculty
Faculty of Arts, Business, Law and Economics
Academic Year
2024
These Program Rules should be read in conjunction with the University's policies (https://www.adelaide.edu.au/policies).
Overview
The Bachelor of Economics (Advanced) is a specialised degree aimed at high-achieving students. It is designed to develop advanced research skills highly suited to large organisations and government departments interested in developing unique and sophisticated mathematical models to analyse and interpret a range of complex social, behavioural and economic issues.
Students may choose to undertake a major in Politics and International Relations, Financial Economics, Public Policy, or International Economic Development. These majors give students the opportunity to develop strong skills in distinct but complementary disciplines. A minor in Financial Services is also available.
The Bachelor of Economics (Advanced) is a Level 7 AQF qualification with a standard full-time duration of 3 years.
Program Learning Outcomes
- Demonstrate relevant economic knowledge of concepts, methodologies and skills, and apply these appropriately to perform complex economic analysis and solve current real world problems and issues.
- Formulate and solve complex problems in the scholarly language and context of economics.
- Communicate and argue effectively using the language of economics, both in writing and orally, with a variety of audiences.
- Collaborate effectively with team members to achieve identified goals.
- Select and use appropriate tools, including technology, to obtain, evaluate, and analyse data, and assess models.
- Evaluate ethical, cultural and social dimensions of economics and the role of economists, including in a global context.
Conditions
Condition of continuing enrolment: Students enrolled in this program must maintain a GPA of no less than 5.0 in each Teaching Period or will be required to transfer to the Bachelor of Economics.
Interruption of program: Students must apply for permission from the Executive Dean or delegate before taking a Leave of Absence. Any extension of the leave without approval will result in the loss of place in the program but an application may be made to be re-admitted to the program subject to the admission procedures in place at the time.
Program Maximum Duration: As specified in Table 1 of the Coursework Academic Programs Policy, this program must be completed within a Maximum Duration which includes any periods of non-enrolment, leave of absence or approved study at other institutions for credit towards a Program.
Academic Program Rules for Bachelor of Economics (Advanced)
There shall be a Bachelor of Economics (Advanced).
Qualification Requirements
To qualify for the degree of Bachelor of Economics (Advanced), the student must complete satisfactorily a program of study consisting of the following requirements with a combined total of not less than 72 units, comprising:
- Core courses to the value of 33 units: 12 units at Level I, 12 units at Level II and 9 units at Level III
- Capstone courses to the value of 3 units at Level III
- Elective courses to the value of 36 units: Level I courses up to the value of 12 units, Level II courses up to the value of 12 units, Level III courses at least to the value of 12 units, and including Broadening electives to the value of 9 units.
- In addition to the core studies for the Bachelor of Economics (Advanced) a second major may be taken from the following: Public Policy, International Economic Development, Financial Economics, or Politics and International Relations. A minor in Financial Services is also available.
Core Courses
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Core Courses
To satisfy the requirements for Core Courses students must complete courses to the value of 33 units.
Level I
All of the following courses must be completed:
Subject/Catalogue Course Title Unit Value ECON 1010 Mathematical Economics I 3 ECON 1011 Quantitative Methods for Economic Analysis I 3 ECON 1012 Principles of Economics I 3 and
Courses to the value of 3 units from the following:
Subject/Catalogue Course Title Unit Value ECON 1002 Australia in the Global Economy I 3 ECON 1005 Introduction to Mathematical Economics I 3 ECON 1009 International Financial Institutions and Markets I 3 ECON 1013 Using Big Data for Economic and Social Problems I 3 Level II
All of the following courses must be completed:
Subject/Catalogue Course Title Unit Value ECON 2507 Intermediate Macroeconomics II 3 ECON 2513 Global Economic History II 3 ECON 2516 Intermediate Microeconomics II 3 ECON 2517 Intermediate Econometrics II 3 Level III
All of the following courses must be completed:
Subject/Catalogue Course Title Unit Value ECON 3502 Econometrics III 3 and
Courses to the value of 6 units from the following:
Subject/Catalogue Course Title Unit Value ECON 3500 Resource and Environmental Economics III 3 ECON 3501 Development Economics III 3 ECON 3503 Game Theory III 3 ECON 3504 Labour Economics III 3 ECON 3506 International Trade III 3 ECON 3508 Public Economics III 3 ECON 3510 International Finance III 3 ECON 3511 Money, Banking and Financial Markets III 3 ECON 3529 Rethinking Capitalism III 3 ECON 3531 Topics on Impact Evaluation Methods for Public Policy III 3 -
Capstone
To satisfy the requirements for Capstone students must complete courses to the value of 3 units.
All of the following courses must be completed:
Subject/Catalogue Course Title Unit Value ECON 3523 Advanced Economic Analysis III 3
Major
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Financial Economics
To satisfy the requirements for Financial Economics students must complete courses to the value of 24 units.
All of the following courses must be completed:
Subject/Catalogue Course Title Unit Value CORPFIN 1002 Business Finance 3 CORPFIN 2502 Business Valuation 3 ECON 1009 International Financial Institutions and Markets I 3 ECON 3510 International Finance III 3 ECON 3511 Money, Banking and Financial Markets III 3 and
Courses to the value of 3 units from the following:
Subject/Catalogue Course Title Unit Value CORPFIN 2501 Financial Institutions Management 3 ECON 2508 Financial Economics II 3 and
Courses to the value of 6 units from the following:
Subject/Catalogue Course Title Unit Value CORPFIN 3501 Portfolio Theory & Management 3 CORPFIN 3505 Corporate Regulations and Ethics in Finance 3 CORPFIN 3506 Takeovers, Corporate Restructuring and Governance 3 CORPFIN 3507 Topics in Corporate Finance 3 -
International Economic Development
To satisfy the requirements for International Economic Development students must complete courses to the value of 24 units.
All of the following courses must be completed:
Subject/Catalogue Course Title Unit Value ECON 1002 Australia in the Global Economy I 3 ECON 1009 International Financial Institutions and Markets I 3 ECON 1013 Using Big Data for Economic and Social Problems I 3 ECON 2500 International Trade & Investment Policy II 3 ECON 3500 Resource and Environmental Economics III 3 ECON 3501 Development Economics III 3 ECON 3506 International Trade III 3 ECON 3510 International Finance III 3 -
Politics and International Relations
To satisfy the requirements for Politics and International Relations students must complete courses to the value of 24 units.
Level I
Courses to the value of 6 units from the following:
Subject/Catalogue Course Title Unit Value POLIS 1102 Introduction to Global Politics 3 POLIS 1104 Introduction to Comparative Politics 3 POLIS 1106 Introduction to Australian Politics 3 Level II
Courses to the value of 6 units from the following:
Subject/Catalogue Course Title Unit Value POLIS 2012 Environment and Citizenship 3 POLIS 2013 Terrorism and Global Politics 3 POLIS 2094 Parties, Elections, Media 3 POLIS 2106 Justice, Virtue and the Good 3 POLIS 2107 Passions and Interests: The History of Greed 3 POLIS 2114 Approaches in International Relations 3 POLIS 2118 The Politics of Leadership 3 POLIS 2131 South Asia: Conflict, Politics and Economic Change 3 POLIS 2133 Security, Justice and Rights 3 POLIS 2138 Policy and Practice in Australian Politics 3 POLIS 2139 The State of the World: Post Covid-19 3 Level III
All of the following courses must be completed:
A minimum of 15 units in the major must be completed before taking the capstone.
Subject/Catalogue Course Title Unit Value POLIS 3106 Politics & Internat Relations Research Project 6 and
Courses to the value of 6 units from the following:
Subject/Catalogue Course Title Unit Value POLIS 3002 International Security 3 POLIS 3003 Cyber-Politics: Politics & the Internet Revolution 3 POLIS 3111EX South Australian Parliamentary Internship 6 POLIS 3113 Environment and Citizenship 3 -
Public Policy
To satisfy the requirements for Public Policy students must complete courses to the value of 24 units.
All of the following courses must be completed:
Subject/Catalogue Course Title Unit Value ECON 1002 Australia in the Global Economy I 3 ECON 1013 Using Big Data for Economic and Social Problems I 3 ECON 2500 International Trade & Investment Policy II 3 ECON 2511 Behavioural Economics II 3 ECON 3500 Resource and Environmental Economics III 3 ECON 3501 Development Economics III 3 ECON 3508 Public Economics III 3 ECON 3511 Money, Banking and Financial Markets III 3
Minor
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Financial Services
To satisfy the requirements for Financial Services students must complete courses to the value of 12 units.
All of the following courses must be completed:
Subject/Catalogue Course Title Unit Value CORPFIN 3003 Tax Superannuation and Estate Planning 3 CORPFIN 3004 Global Wealth Management 3 CORPFIN 3005 Fintech and Disruption in Financial Services 3 CORPFIN 3006 Blockchain Crypto and Big Data 3
Electives
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Elective courses
To satisfy the requirements for Elective courses students must complete courses to the value of 36 units.
All of the following courses must be completed:
Up to 12 units of Level I, up to 12 units of Level II, and at least 12 units of Level III courses from any program that is available to them or from the courses not already completed from the Bachelor of Economics (Advanced) Core Courses.
Included within these 36 units must be 9 units of Broadening Electives.Economics courses
When choosing Elective Courses, students can choose Economics courses not already completed for the Bachelor of Economics Core Courses.
Courses to the value of up to 27 units may be taken from the following:
Subject/Catalogue Course Title Unit Value ECON 1002 Australia in the Global Economy I 3 ECON 1005 Introduction to Mathematical Economics I 3 ECON 1009 International Financial Institutions and Markets I 3 ECON 1013 Using Big Data for Economic and Social Problems I 3 ECON 2500 International Trade & Investment Policy II 3 ECON 2502 East Asian Economies II 3 ECON 2508 Financial Economics II 3 ECON 2511 Behavioural Economics II 3 ECON 3500 Resource and Environmental Economics III 3 ECON 3501 Development Economics III 3 ECON 3503 Game Theory III 3 ECON 3504 Labour Economics III 3 ECON 3506 International Trade III 3 ECON 3508 Public Economics III 3 ECON 3510 International Finance III 3 ECON 3511 Money, Banking and Financial Markets III 3 ECON 3529 Rethinking Capitalism III 3 ECON 3531 Topics on Impact Evaluation Methods for Public Policy III 3 Faculty courses
Subject to approval students may be eligible to undertake the following electives:
Subject/Catalogue Course Title Unit Value ABLEINT 3001 ABLE Internship Level III 3 ABLEINT 3002 ABLE Internship Level III Extended 6 Broadening electives
The 9 units of broadening electives can be taken at any level and are included within the requirements for 36 units of Elective courses. Course credit granted due to internships and courses completed as part of a study abroad experience count as broadening electives.