Economists study how people choose to allocate resources. They look at the behaviour of individuals, organisations and governments to understand how markets function. Economics is essential to modern life. It seeks to understand, assess and explain the mechanisms of markets and national economies.

A major in economics builds problem-solving skills that are applicable to careers in business and government. It will teach you how to analyse and interpret data and will equip you with the tools to find smart solutions for the numerous problems confronting governments and the commercial world. Graduates with a major in Economics have varied employment opportunities in both the public and private sector. Three broad areas of study available within the main discipline are:

• Microeconomics
• Macroeconomics
• Econometrics

Why commerce at Melbourne?

• We are Australia’s #1 university for business and management: Including #1 for quality of teaching (Times Higher World University Rankings 2020)
• Build a strong foundation in core commerce subjects while discovering where your passions lie:
  Your majors and electives will deepen your commerce knowledge, while breadth subjects will complement your studies
• Be workforce and career ready after three years: 80% of our graduates are employed full-time within the first four months of graduating, with 34% securing a job with EY, Deloitte, KPMG, PwC or NAB (Graduate Outcomes Survey, 2018)
• Be close to the central business district thanks to our central Melbourne campus location
• Feel confident in your future as a Melbourne commerce graduate, no matter your career goals
  You will have an outstanding reputation among employers for your strong understanding of business processes, resourcefulness and problem-solving and leadership skills
• Gain practical experience, build networks and access an engaged alumni community
  Our strong industry connections with leading firms and organisations through our consulting subjects, student clubs, case competitions, and exclusive programs mean you’ll have a competitive edge in the workforce

Your first job could see you as a:

• Analyst
• Associate
• Researcher

In 5-10 years, you’ll progress to roles such as:

• Economist
• Senior analyst
• Manager

And in 15-20 years you could be a successful:

• Director
• Partner
• Chief Economist