Overview

Economics is the study of social behaviours related to production, distribution and consumption of goods and services through statistical data, modelling and economic theories. From this, Economists seek to understand, assess and explain the mechanisms of markets and economics to increase efficiency and productivity.

Within this Arts - Economics program at University of Melbourne you will focus on three key areas within economics:

Microeconomics: the behaviour of individual consumers and producers
Macroeconomics: economies on a regional, national or international level

Econometrics: using historical data and models to test hypotheses and forecast future performance and indicators.

You’ll also learn to analyse and interpret data with different methodologies and tools while developing your problem-solving skills that are needed in both business and government to make smarter and informed decisions.

Careers

Economics teaches you transferrable skills that are highly sought after in many corporate environments. You can pursue a career path in:

Consulting and political analysis

Government
Industry associations and trade unions
Merchant and trading banks, investment firms, and stockbroking and insurance companies

Transport, communications, mining, retail and manufacturing

Your first job could see you as a:

Analyst
Associate
Researcher

Programme Structure

Courses include:

Microeconomics
Economic Analysis and Policy
Economics of the Law
Behavioural Economics
Mathematical Economics
Experimental Economics
Economics of Financial Markets

Key information

Duration

Full-time
- 36 months
Part-time
- 72 months

Start dates & application deadlines

Starting 2026-07-27 00:00:00
- Apply before 2026-05-31 00:00:00 , International
- Apply before 2026-06-05 00:00:00 , National
Starting 2027-03-01 00:00:00
- Apply before 2026-11-30 00:00:00 , International
- Apply before 2026-12-04 00:00:00 , National

Language

English

TOEFL^® IBT

81

Schedule TOEFL®

PTE Academic

64

Schedule a PTE test!

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Credits

300 alternative credits

Delivered

On Campus

Campus Location

Melbourne, Australia

Disciplines

Economics View 117 other Bachelors in Economics in Australia

Join for free or log in to access our complete career info list.

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

TOEFL^® IBT

81

Schedule TOEFL®

PTE Academic

64

Schedule a PTE test!

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

CRICOS code: 002167E

Essential requirements for admission

Prerequisites

These are the subjects (with minimum scores) you must have completed to be eligible for entry to this course: Units 3 & 4: A study score of at least 25 in English/English Language/ Literature or at least 30 in EAL. Applicants intending to major in Economics are strongly encouraged to complete Mathematical Methods or equivalent.

English language proficiency

ATAR Based admission

GUARANTEED ENTRY: 85.00

GUIDE ONLY: 68.30

Student Insurance via Studyportals Partner

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.

Studyportals partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at University of Melbourne and/or in Australia, please visit Student Insurance Portal.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

33622 AUD / year

≈ 33622 AUD / year

Additional Details

National: Commonwealth supported places (CSP)

Living costs

Melbourne

Australia

1501 - 2659 AUD / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Need help with your student visa?

Get Visa Support

Get personalized guidance from a certified VFS Global advisor and save 20% through Studyportals.

Avoid common visa mistakes and delays
Know exactly what documents you need
Get a clear checklist tailored to your situation

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

Loading

Scholarships Information

Below you will find Bachelor's scholarship opportunities for Arts - Economics.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

About

Overview

Overview

Careers

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Student Insurance via Studyportals Partner

Tuition Fees

International Applies to you

Additional Details

Living costs

Melbourne

Funding

Need help with your student visa?

Scholarships Information

Available Scholarships

Our partners