Economics

Economics is the social science that studies the choices that individuals, businesses, and governments make as they cope with scarcity and the incentives that influence those choices.

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    What we do

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    Who we are

  • News 

    New Lecturer: Piotr Evdokimov

    New Lecturer:  Mengheng Li

    New Lecturer: Esther Mirjam Girsberger 

    New Postdoctoral Fellow : Benjamin Young  

    Dr Antonio Rosato  2018 recipient of a three-year DECRA grant for his project on “Auction design with behavioural bidders”

    Economics Research Seminar Series 

    18 April  Xiaojian Zhao (Hong Kong University of Science & Technology)

    2  May  Timothy Moore (University of Melbourne)

  • Economics PhD

    The Economics Discipline Group invites applications for its PhD program that is unique to Australia. The application deadline is January 31, 2018.
  • CPMD

    Market design studies why some institutions are successful and how to mend those that fail. The UTS Centre for Policy and Market Design combines the EDG's broad range of policy design expertise.
  • UTS Behavioural Laboratory

    Learn about our facilities for conducting economics experiments
  • Transcript
    Steve: One of the things I really like about economics is that it gives you the ability to understand a lot of what's going on in the world. 
    Jingjing: Economics actually tells you how the world works. We not only learn about the general rules that govern the markets; we also learn why sometimes markets fail and why sometimes markets succeed. 
    Emil: Economics combines a set of analytical tools. We use mathematics and statistics, but at the same time we apply those tools to very human problems and very social problems. 
    Steve: UTS is a great place to study economics, particularly if you're interested in how public policy, policy analysis ... basically applying economic theory to the lives of real people. 
    Emil: We have some great faculty here who do truly outstanding research on real world problems. We're all very keen to share the insights of that research in our teaching. 
    Steve: It's a real global mix of economists.
    Emil: We aim to equip graduates with skills in mathematical modeling, critical thinking, and data analysis. 
    Jingjing: Also, adaptive skill. That means you can transform your skill into different environments. It's not only that they learned from this degree but they learned the way of thinking. 
    Emil: The bachelor of economics includes 24 subjects in total, typically taken over the course of three years. These include 11 core economic subjects, one of which is a capstone project that you undertake at the end of your final year. You'll then take at least four economic electives. That gives you an opportunity to specialize in particular areas of economics that you're interested in. With the remaining nine subjects, you could do a major in another business discipline to complement your degree in economics, or you could use them to do multiple submajors, or you could use them as part of an exchange. The bachelor of economics is a relatively small program, which allows you to develop a very close network with your fellow students, who share your passion for economics.