Economics Bsc (hons) in The University of Sydney, Australia

Economics Bsc (hons) in The University of Sydney

This course offers you the opportunity to study the many different ways in which society distributes scarce resources such as land, labour, raw materials, and machinery to produce goods and services.

There are two subdivisions within Economics - Microeconomics involves the study of the supply and demand decisions of individuals and organisations, such as how profits can be maximised and how much of a good or service consumers will demand at a certain price. Macroeconomics deals with the study of outcomes in the whole economy concerned with issues such as unemployment, inflation, economic growth, productivity, and investment.

Economics relies upon analytical and quantitative techniques to verify or reject theories about such behaviour. One of the most frequently used techniques is Econometrics, where statistical techniques are used to formulate models, estimate economic relationships and to develop forecasts.

As well as the core aspects, Economics can also be applied to a variety of areas and these are reflected in the range of topics that you will have the opportunity to study during the programme.

Know more about Studying in Australia

Tuition Fees in Australia (1st Year Average)	BE/Btech: AUD 29109 | MBA: AUD 35139 | MS: AUD 36803 | BBA: AUD 28693 | MEng: AUD 39298 | BSc: AUD 34307 | MIM: AUD 39298 | MFin: AUD 35347 | MArch: AUD 37218 | BHM: AUD 28693 | MIS: AUD 35347 | MEM: AUD 43040
Average Accomodation & Food Costs in Australia	AUD 1680 Per Month Approx
Entrance Exams in Australia	TOEFL: 77 | IELTS: 6.5 | PTE: 57 | GRE: 300 | GMAT: 600
Work and Study in Australia	Permitted for 20 hours/week with a valid study permit.
Post Study Work Permit in Australia	2 Year after graduation depending on the course.
Cost of Student Visa in Australia	AUD 620
Student Visa in Australia	The subclasses for the visa were reduced to two from the eight for convenience. The two visa subclasses are Subclass 500 (for students) and Subclass 590 (For Student Guardian).
Intakes in Australia	There are Two Main Intakes in Australia: February and July.
Top Job Sectors in Australia	Health Care and Social Assiastance, Construction, Education, Manufacturing, Public Administration and Safety, Transport & Logistics, etc.
Economy in Australia	1.7% (2019e) 2.3% (2020e), 10th Largest in the World by Nominal