Program Requirements
This Honours plan requires the completion of 48 units, which must consist of:
24 units from completion of the following compulsory courses:
ECON4411 Microeconomic Theory
ECON4422 Macroeconomic Theory
ECON4488 Economics Honours Research Essay (12 units)
24 units from completion of courses from the following list:
ECON4401 Topics in Macroeconomics
ECON4403 Economic Policy Issues
ECON4406 International Trade Theory
ECON4413 Mathematical Techniques in Economics I
ECON4414 Mathematical Techniques in Economics II
ECON4415 International Economics
ECON4418 Cost Benefit Analysis
ECON4421 Topics in Microeconomic Theory
ECON4434 Public Sector Economics
ECON4437 Financial Economics
ECON4438 Industrial Organisation
ECON4441 Labour Economics & Industrial Relations
ECON4447 Law and Economics
ECON4449 South East Asian Economic Policy & Development
ECON4453 Game Theory
ECON4476 Topics in Game Theory
ECON4480 Advanced Behavioral Economics
ECON4491 The Economy, Politics and the State
ECON4492 Organisational Economics
ECON8901 Advanced Topics in Poverty, Public Policy and Development
EMET4301 Applied Micro-econometrics
EMET4305 Economic Models & Introduction to Econometrics
EMET4308 Econometric Theory
EMET4310 Applied Macro & Financial Econometrics
EMET4312 Business & Economic Forecasting
EMET4314 Econometric Methods
Honours calculation
The final Honours Exit Level is the sum of all achieved course weightings. The course weighting is calculated for each individual course using the below formula:
(unit value of course/total units for degree) x final numerical grade of the course
Specialisations
Elective Study
Once you have met the program requirements of your degree, you may have enough electives to complete an additional elective major, minor or specialisation.
Admission Requirements
At a minimum, all applicants must meet program-specific academic/non-academic requirements, and English language requirements. Admission to ANU is on a competitive basis as the number of places available in a program is limited. Admission to Honours is also subject to supervisory capacity and approval from the relevant Delegated Authority within the Academic College.
All the following conditions are necessary for an applicant to be eligible for admission considerations:
Condition 1 (Basic Qualification). An applicant must possess an AQF Level 7 Bachelor Degree or equivalent. The qualification must either be from a cognate discipline or from one of the following majors (or equivalent):
This qualification must have been completed within the last two years of the time of application.
Condition 2 (Application Materials and Specific Coursework). In addition to Condition 1, applicants must
- have submitted all the application materials (including a research proposal and evidence of potential thesis supervisory arrangement detailed further under "Application Materials");
- have attained an average mark equivalent to an ANU 70 per cent calculated from 18 units of courses with the highest final marks. This calculation excludes all 1000-level courses (i.e., introductory undergraduate courses);
- have satisfactorily completed ECON2125 (Optimisation for Economics and Financial Economics); and,
- have attained an average mark equivalent to an ANU 70 per cent calculated from the following 18 units (i.e. 0.375 EFTSL) equivalent to the ANU Courses:
- ECON3100 Economics 3 (H);
- ECON3101 Microeconomics 3; and
- ECON3102 Macroeconomics 3.
Condition 3 (Interview). In addition to Conditions 1 and 2, an applicant must be available for further interview with the Research School of Economics. The Research School of Economics reserves the right to waive the interview in cases where applicants are deemed to be clearly suitable for admission.
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Cognate Disciplines
Finance, Economics, Commerce, Actuarial Studies, Statistics, Mathematics and Science
Adjustment Factors
Adjustment factors are additional points added to an applicant’s Selection Rank (for example an applicant’s ATAR). ANU offers adjustment factors based on performance and equity principles, such as for high achievement in nationally strategic senior secondary subjects and for recognition of difficult circumstances that students face in their studies.
Selection Rank adjustments are granted in accordance with the approved schedules, and no more than 15 (maximum 5 subject/performance-based adjustment factors and maximum 10 equity-based adjustment factors) can be awarded.
You may be considered for adjustment factors if you have:
- applied for an eligible ANU Bachelor degree program
- undertaken Australian Year 12 or the International Baccalaureate
- achieved an ATAR or equivalent at or above 70
- not previously attempted tertiary study.
Please visit the ANU Adjustment Factors website for further information.
Indicative fees
Commonwealth Supported Place (CSP)
For more information see: http://www.anu.edu.au/students/program-administration/costs-fees
- Annual indicative fee for international students
- $56,120.00
For further information on International Tuition Fees see: https://www.anu.edu.au/students/program-administration/fees-payments/international-tuition-fees
Fee Information
All students are required to pay the Services and amenities fee (SA Fee)
The annual indicative fee provides an estimate of the program tuition fees for international students and domestic students (where applicable). The annual indicative fee for a program is based on the standard full-time enrolment load of 48 units per year (unless the program duration is less than 48 units). Fees for courses vary by discipline meaning that the fees for a program can vary depending on the courses selected. Course fees are reviewed on an annual basis and typically will increase from year to year. The tuition fees payable are dependent on the year of commencement and the courses selected and are subject to increase during the period of study.
For further information on Fees and Payment please see: https://www.anu.edu.au/students/program-administration/fees-payments
Scholarships
ANU offers a wide range of scholarships to students to assist with the cost of their studies.
Eligibility to apply for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are. Specific scholarship application process information is included in the relevant scholarship listing.
For further information see the Scholarships website.
Honours in Economics is a program offered within the Research School of Economics that offers students who have excelled in their undergraduate studies a challenging but rewarding year of study in economics. We seek outstanding students who are keen to undertake independent economics research with the guidance from academic staff. Past students graduating from the Honours in Economics program have been highly successful with careers in government, Industry and academia in leading institutions and organisations around the world.
Career Options
ANU ranks among the world's very finest universities. Our nearly 100,000 alumni include political, business, government, and academic leaders around the world.
We have graduated remarkable people from every part of our continent, our region and all walks of life.
Learning Outcomes
- Demonstrate a sound knowledge and critical understanding of research design and methods
- Apply that knowledge to the development of a research proposal and research plan
- Develop the capacity to perform high-level independent research
- Exhibit in-depth knowledge of their chosen research topic
- Demonstrate a high level of ability to critically analyse and evaluate economics research questions and communicate the results.
Other Requirements
Further Information
Application Process
The Bachelor of Economics (Honours) will only commence in Semester 1 (February) each year. Applications for Semester 2 (July) will not be accepted.
Application materials
Applicants must provide complete documentation, including a certified or coloured copy of testamur and final transcript (except for ANU students). Applicants must also attach a maximum THREE-page document detailing their research proposal to their application. The proposal should contain the following elements:
- Research question
- Motivation for the question
- Some preliminary discussion of relevant literature
- Bibliographic reference
- Potential RSE Supervisor's name (you are advised to talk to potential supervisors and obtain their agreement to supervise prior to applying)
Application deadline
Semester 1 2025: 1st December 2024 (11:55pm Australian Eastern Daylight Time)
Notification of outcome
Applicants will be notified of the outcome for admission by
Semester 1 2025: 16th December 2024
Acceptance deadline
If applicants are successful in receiving an offer, they must accept the offer by
Semester 1 2025: 31st January 2025