Economics (ES013)

Equip yourself with the skills to make the economic market work for you.

Analyse global economic issues and demystify economic markets and the factors that influence them.

What you will study

Macroeconomics 1 (Semester 1)

Available for study on campus

Macroeconomic events and policies affect the daily lives of almost everyone. As various measures are implemented to improve economic performance by the government, business managers must alter their own business strategies. A study of macroeconomics can provide useful answers to these challenges. More specifically, this course provides an introduction to the economic analysis of key macroeconomic variables such as output, employment, inflation, interest rates and exchange rates.

For complete information on course assessment tasks and learning outcomes check the course guide.

Prices and Markets (Semester 2)

Available for study on campus

Prices and Markets is a study of microeconomic theory and its applications. The purpose of the course is to introduce you to key microeconomic concepts and analytical techniques, and to apply these to a variety of real-world economic phenomena in a systematic and rigorous way. The course focuses on how consumers, firms and government interact in markets in a manner that gives rise to prices.

For complete information on course assessment tasks and learning outcomes check the course guide.

Entry requirements

You must be in your final year of your VCE studies and will have completed or be concurrently enrolled in Units 3 and 4 of Economics.

Acceptance into this course requires a recommendation from your Year 12 coordinator and your school principal. Parental/guardian permission is also necessary. 

For more information email

Get ready to start

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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 created by Louisa Bloomer