The Economics Department at UTS is recognised for producing research of the highest quality and its achievements are reflected by the national and international rankings.
At the national level, research performed by the Economics Department at UTS has been highly rated within the Excellence in Research for Australia (ERA) evaluation undertaken by the Australian Research Council (ARC). In particular, UTS received the top rating of 5 out of 5 – well above world standard – in Economic Theory (ERA 2015 and ERA 2018), Applied Economics (ERA 2012), and Econometrics (ERA 2012, ERA 2015 and ERA 2018). Overall the Economics Department at UTS has received a rating of 5 in ERA 2012 and ERA 2015 and 4 in ERA 2018.
The Economics Department at UTS is highly ranked internationally. In 2019 UTS was ranked in the top 150 Universities worldwide for Economics in both the Academic Ranking of World Universities and the QS World University Rankings, and is ranked in the top 125 worldwide according to the Times Higher Education World University Rankings. The Economics Department at UTS is rated No. 1 in Australia in the Thomson Reuters measure of research impact in Economics and Business.
In our research, we are committed to the pursuit of excellence. Our faculty members achieve this objective by publishing in best academic journals attracting external funding, contributing to public debates and engaging with the private sector and government. Furthermore, our teaching programs (Undergraduate, Postgraduate and PhD in Economics) are strongly informed by our research strengths.
We organize two weekly seminars where internationally recognized scholars present their research. Our academics also participate in reading groups and brown bag seminars organized along with other Sydney-based Universities and we regularly organize national and international events. Finally, the Economics Department hosts the Centre for Policy and Market Design (CPMD) research centre and has strong ties with the UTS Behavioural Lab.
Our major research strengths include Microeconomic Theory, Behavioural and Experimental Economics, Time Series Econometrics, Bayesian Econometrics, Agent-based and Nonlinear Dynamic Models, and Microeconometrics applied to Health, Labour and other areas of Public Policy.
PhD and Postdoctoral Fellows advised by academics of the Department of Economics occupy positions of leadership in major academic and research centres worldwide, e.g., NYU Abu Dhabi, University of Bonn, Nanjing Audit University, NSW Department of Labour, University of Queensland and University of Melbourne.