Economics and Econometrics
Economics and Econometrics is the study of the production, consumption and transfer of wealth, and developing and analysing models which describe this behaviour.
The main purpose of this narrow field of education is to develop an understanding of economic theory and its relationship to the production, distribution and consumption of wealth, macroeconomic and microeconomic theories, the structure of the local economy and its relationship to overseas economies, and the effects of economic decisions on individual, business and government behaviour.
Courses in Economics and Econometrics develop skills in:
- analysing economic policy to determine the effect on individuals, businesses and the economy as a whole
- developing models of economic behaviour using quantitative techniques
- researching and preparing reports and studies on economic conditions, activities and policy decisions
This narrow field comprises the following detailed fields:
Thinking about a job in this field?
Check out the courses available in this field at various Australian universities and alternative study pathway options. If you'd like to speak with someone, discuss with your Career Advisor at school, or contact the Indigenous Education Unit at any of the Australian Universities, and they’ll be able to offer advice on available local information and student support services.