Economics

Economic decisions have a crucial influence on the quality of life experienced by people throughout the world. The study of economics can help individuals, groups and societies make choices that assist them to improve their quality of life.
As a subject, Economics is distinctive because of the range of problems and issues that it investigates and the skills that it develops. a student who has completed the Preliminary and the HSC courses should have knowledge and skills enabling them to:

comprehend the background and implications of contemporary economic issues

discuss appropriate policies to solve economic problems and issues

understand what a change in interest rates, share values or the value of the Australian dollar means to individuals and the economy

identify fluctuations in the global and Australian economies and their likely effects on business

understand reasons for changes in employment patterns

identify, using economic thinking, appropriate strategies to protect the natural environment.

Students will benefit from the study of economics if they engage in studies that include business, accounting and finance, media, law, marketing, employment relations, tourism, history, geography or environmental studies.

If selected as a specialisation at university, economics can lead to careers in: share, finance or commodities markets; business; economic forecasting; banking; insurance; tourism; resource management; property development and management; government; environmental management; town planning; foreign affairs or economic policy development.

The course benefits students when they pursue further education and training, employment and active participation as citizens.