Bachelor of Economics in Macroeconomics and Financial Markets / Bachelor of Education (Secondary)

University of New South Wales (UNSW) - Kensington Campus

Australia,New South Wales

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48 Months

Duration

CAD 49,000/year

Tuition Fee

CAD 150

Application Fee

Apply Date

Australia, New South Wales

Type: University

Location Type: Semi-Urban

Founded: 1949

Total Students: 65,600 +

Int. Students: 22,946 +

Campus Detail

Main Campus Address

Civil Engineering Building (H20), Library Rd, UNSW Sydney, Kensington NSW 2052, Australia

Bachelor of Economics in Macroeconomics and Financial Markets / Bachelor of Education (Secondary)

Program Overview

Teachers have a profound impact on the way future generations engage with the world. A UNSW Bachelor of Education degree will enable you to challenge yourself and inspire your future students.

This double degree is designed for those who wish to gain both a teaching and economics qualification.

After completing this degree, you will have a professional teaching qualification as well as an economics degree from the UNSW Business School. Students will gain analytical skills with broad application in business, finance and policy.

Along with the theoretical aspects of education, we place great importance on practical experience. In your final two years, you will develop skills in classroom competence and spend up to 80 days in supervised teaching in at least two secondary-school contexts.

This degree is accredited by NSW Education Standards Authority as an initial teaching qualification for both government and non-government secondary schools throughout Australia and is widely accepted as a teaching qualification internationally.


Major: Macroeconomics and Financial Markets
The major in Macroeconomics and Financial Markets will give you an understanding of both macroeconomics and the workings of the financial markets.  On the macroeconomic side, you will learn how the economy functions at an aggregate level and how governments manage economies to preserve stability and provide optimal conditions for economic growth and flourishing.  On the financial economics side, you will gain an understanding of how financial instruments are priced in markets and how individuals and firms manage financial risk.

Macroeconomic variables like the unemployment rate, the exchange rate, and export/import levels are key inputs to government policy-setting in Australia and the world.  You will learn how these measures are generated, how to interpret them, and how governments use them to craft healthy economic markets and societies, for example via fiscal and monetary policy.

Understanding how the prices of financial instruments are determined in a market is a central concern of financial economics, along with the design of new financial products. In addition to studying the workings of financial markets, financial econometrics can also be studied in this major, exposing you to applications of statistical methods and asset-pricing theories to the study of real-world financial data.

This major provides students with a thorough understanding of the economic principles that underlie macroeconomic analysis, government stewardship of the macroeconomy (both real and financial), behaviour in financial markets, and the pricing and allocative role of all financial assets.  It opens a wide range of careers in the public and private sectors, ranging from government advisor to stock broker.

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