Business (Economics) Queensland University of Technology

Overview

Economics is more than just a business discipline—it’s a way of looking at the world. It’s about important issues such as unemployment, inflation, interest rates, competition, business strategy, the sustainable use of resources and the impact of decisions made by governments. An understanding of economics is essential to understanding real-world issues and finding real solutions.

With the help of world-class economists, you will develop essential knowledge about economic behaviour, the workings of economic systems and the skills used in analysing economic issues in a wide range of contexts.

QUT’s strength in applied economics research means you will learn to use social, cognitive and emotional factors to gain an understanding of the economic decisions of individuals and institutions, and their effects on markets and public choice.

An economics minor within Business (Economics) course at the Queensland University of Technology is also an excellent complement to other majors as it offers students the opportunity to develop a wider understanding of economics. An economics minor will also enhance students’ employability prospects by developing analytical and strategic thinking skills widely recognised as an outcome of economics training.

If you’ve ever wondered why the Reserve Bank of Australia puts up interest rates, or what is the best way to make the earth a cooler place by fighting climate change, or if you’ve asked whether Facebook makes the economy more productive, consider economics as a major.

Careers and outcomes

Within the corporate world, economists work as analysts and consultants. Economists guide the strategic direction of firms to respond to changes in global economic conditions, structural changes within the sector or changes in government policy. In government, economists design and evaluate policy at all levels from treasury to health and education and everything in between.

You will be employable in a variety of settings, from a range of government, treasury, policy and economic development roles, to manufacturing, transport, communications, banking, insurance and investment.

Graduate positions include:

• Economic analyst

• Economic researcher

• Economics and business data analyst

• Economics consultant

• Economist

• Financial adviser/analyst

• Investment banking analyst

• Policy analyst

• Public servant

• Regulatory economist

• Risk manager