Bachelor of Business – Economics major

Bachelor of Business – Economics major

Your guide to majoring in Economics with the Bachelor of Business at RMIT.

Full course information Enquire Download Brochure
Student type:
Learning mode:
On campus
Entry score:

ATAR 67.05*
Guaranteed ATAR 70.00

Duration:
Full-time 3 years
Part-time 6 years
Fees:

Commonwealth supported places

Next intake:
February, July
Location:
Melbourne City
Learning mode:
On campus
Entry score:

See admissions

Duration:
Full-time 3 years
Fees:

AU$41,280 (2024 annual)

Next intake:
February, July
Location:
Melbourne City

Introduction to the major

When you choose the Economics major in the Bachelor of Business at RMIT University, you’re choosing in-depth study in a constantly evolving discipline. 

You’re undertaking a professional, highly focused, in-depth course of study designed to meet current employer demands and prepare students for future job opportunities.

To ensure our students are at the forefront of their profession, RMIT incorporates new and emerging technologies in economic and business analysis in our delivery. 

This innovative approach to education and training is part of our commitment to providing graduates with real-world skills. 

The Economics major equips students with the confidence to apply their knowledge and skills for career progression in both the private and public sectors. This involves both a broad-based multidisciplinary approach and the opportunity for focused, professional skill-building in key areas of economics, analytics and behavioural science.

About the Bachelor of Business

With the Bachelor of Business at RMIT you will enjoy a cross-disciplinary, flexible and personalised degree that allows you to pursue a range of diverse interest areas across business. You will gain practical real-world experience throughout your degree with the College of Business and Law and our industry partners.

About the Bachelor of Business Professional Practice

The Bachelor of Business Professional Practice is a four-year degree offering you access to all the options within the three-year Bachelor of Business, complemented by an exclusive internship of up to one year and Work Integrated Learning experiences. 

Why choose to major in Economics with the Bachelor of Business?

Tailor your learning

Undertake in depth study in economics complemented with a choice from 14 majors and 32 minors.

Global skills

Apply your economic skills to wide range of areas to solve emerging global challenges.

Informed by industry and cutting-edge research

Ranked 8th in Australia for economics (QS 2024 by subject)

Alicia Grech, Bachelor of Business, majoring in Economics and Finance
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

Career outcomes

The Bachelor of Business opens up a wide range of career opportunities which you can choose to focus on based on how you tailor your subject selection. Our wide range of industry partners and real-life focus produces industry demanded graduates.

This major will help you understand how businesses, people and governments interact. Learn to tackle challenges such as climate change, equality and poverty, and develop the analytical expertise important to a range of careers.

Economists seek to improve outcomes for individuals, households and businesses by designing solutions to major global challenges of poverty, equity, sustainability and growth.

When you choose to major in Economics, you may go onto a career in:

  • banking
  • policy analysis
  • consulting
  • data analytics
  • social development.

Subject selection guide

The following guide will help you understand what your subject plan will look like if you decide to major in Economics with the Bachelor of Business:

You will undertake six subjects focusing on:

In addition to these you have your choice of two optional subjects from the below list:

Key to subject selection

Essential Course (must be completed first) “”
Introductory Course *
Intermediate Course +
Advanced Course #
Capstone Course ^

Complementary majors and minors

By integrating a second major or a range of minors you will deepen your expertise in a specialised area while gaining a well-rounded understanding of how your chosen interest's principles intersect with other fields.

This combination of knowledge and skills will prepare you for the complexities of the modern business landscape and equip you to make a meaningful impact in your chosen career path.

All majors and minors in the Bachelor of Business are complementary. Suggested combinations are listed below: 

People and Organisations major

The biggest example of the shared relation with economics is the participation of unions and their demands. People and Organisations specialists need to direct and evaluate the allocation of resources. In today’s competitive climate, these specialists need to consider looking outward.

Finance major

While economics and finance are distinct fields of study, there are many areas of overlap between them. For example, finance draws heavily on economic theory and methods in order to make investment decisions and manage financial risk.

Marketing major

Marketing involves the coordination of various activities such as advertising, pricing and distribution. Economics can help in understanding the impact of these activities on the overall economy.

Accounting in Business minor

Accounting involves the coordination of various activities such as bookkeeping, auditing and tax preparation.

Bachelor of Business full course information

This is just one of the 14 majors that you can choose from. Visit the Bachelor of Business course page to find full course information, explore your study options, and get details on entry requirements, pathways, fees, plan structure and how to apply.

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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.

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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.

More information