Economics

The Economics department harnesses technical skills and knowledge to achieve cutting-edge academic and real-world outcomes, for the betterment of our stakeholders and society.

Four themes characterise our research and engagement activities: Business Behaviour, International Development & Trade, Societal Economics and Web 3 (Blockchain). Importantly, our research in each of these areas covers the domains of macroeconomics, microeconomics as well as international economics. 

Our activities in the macro domain are wide-ranging and include public sector economics, economic crises,  institutional economics and tax policy.

Within the micro domain, this includes cultural economics, environmental & energy economics, equality & inclusion, health & (financial) well-being, regional economics as well as the economics of uncertainty and risk.

Our interests in international development and trade are economic growth, foreign aid effectiveness, the impact of remittances and micro-finance.  

We also have core strengths in statistical modelling and econometrics. Specific areas of expertise include big data and machine learning, panel data, microeconometrics, time-series econometrics and forecasting.

The group is particularly known for its services to the profession, industry and government.  We provide channels for knowledge exchange through which applied economics research are disseminated directly to users. We place a great emphasis on these roles given the applied focus of our teaching and research.

In the undergraduate sphere, we have a strong focus on industry readiness that is informed by key employers.  This is replicated in the PhD program noting that our graduates have successfully attained jobs in the private, public, NGO and academic sectors.

For further information about this research group, contact the Head of the Department.

Ranked 2nd in the world for Blockchain education and research

Significant contributors to RMIT’s status as the highest ranking institution in the world for the Sustainable Development Goal: “No Poverty”

Successful track record of working with businesses, governments and non-government organisations

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Blockchain Innovation Hub

The Blockchain Innovation Hub consists of an interdisciplinary team of researchers in economics, political-economy, organisational theory, law, sociology, politics and communications. Key areas of focus include crypto-economics, business strategy and adaptation to blockchain technologies, mapping the blockchain economy, and identifying the public policy challenges that will hold back or accelerate this economic revolution.


I believe that economics and finance are the instruments needed to create change in our society. It provides a framework to interpret the world, and sheds light on the consequences of business and political decisions.

Alicia Grech
Bachelor of Business, majoring in Economics and Finance

What I love most about this degree is learning how to make data-driven decisions, a skill transferable to any sector. During my time at RMIT I have gained professional knowledge and developed relationships I will take with me even after graduation.

Chiraag Patel
Bachelor of Economics and Finance


Our Research

The Economics department is dedicated to cutting-edge research in a diversity of industry sectors

Research Achievements

Our staff continue to push the boundaries of research in their field of expertise, their achievements are recognised by prestigious awards and funded by significant grants.

Projects and Publications

Our expert staff and students facilitate innovative projects and produce high-quality publications acknowledged by industry peers.

Research Groups

As a School, we The School of Economics, Finance and Marketing supports a number of research groups that engage academics across a range of areas.

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Unlock your future with the new
Bachelor of Business

The future of business is changing, and so has the Bachelor of Business at RMIT. We’ve adopted a new agile, non-traditional, hands-on course structure, designed with our industry partners, to ensure you develop relevant and highly sought-after skills and expertise.

Contact

Visit us

Address: Building 80, 445 Swanston Street, Melbourne,  VIC-3000
Location: Melbourne City campus , Building 80
Hours:
 Monday - Friday 9:00 - 17:00

Postal address

School of Economics, Finance and Marketing
GPO Box 2476
Melbourne 3001, Victoria, Australia

RMIT Connect

Information for current College of Business and Law students.

Address: Building 80, Level 7, 445 Swanston Street, Melbourne,  VIC, 3000
Phone: +61 3 9925 5000
Hours: Monday - Thursday: 9am - 5pm,  Friday: 10am - 5pm

People

Key contacts at the School of Economics, Finance and Marketing.

Meet our people

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Acknowledgement of country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business - Artwork 'Luwaytini' by Mark Cleaver, Palawa.

aboriginal flag
torres strait flag

Acknowledgement of country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business.