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BCS - Economics as a major

Get the up-to-date industry skills you need to become a Public Relations, Marketing or Communications specialist. This degree will teach you how to satisfy customer needs, influence people’s attitudes and behaviour, and drive strategic change within organisations.

Studying Economics will help you develop the analytical skills needed to be an effective problem solver of real-life issues. You'll learn how to apply your skills to issues ranging from employment and housing, to public health, transport and environmental pollution.

Key information

Years: 3.0
Points: 360
Study Locations: Hamilton
Start Dates: Semester A (February) and Semester B (July)
Fees (Domestic): $6,462 (approx) per year
See if you're eligible for fees-free study in your first year
Fees (International): $27,165 per year
Entry Requirements: Undergraduate International
Faculty/s:
*Tuition fees shown are indicative only and may change. There are additional fees and charges related to enrolment please see the Table of Fees and Charges for more information. You will be sent an enrolment agreement which will confirm your fees.
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Career opportunities

  • Business analyst
  • Financial analyst
  • Policy analyst / adviser
  • Government economist or in Treasury
  • Management consultant
  • Economics Researcher
  • Economics teacher / lecturer

Economics is concerned with the way in which people and institutions make the best decisions to meet their objectives. It is relevant to the everyday life of individuals, businesses and government.

Economics is available as a first major for the Bachelor of Arts, Bachelor of Business, Bachelor of Business Analysis, Bachelor of Management Studies with Honours and Bachelor of Social Sciences. Economics may also be included as a second major or as a minor in other undergraduate degrees, subject to the approval of the Faculty in which the student is enrolled.

To complete Economics as a single major for the BA, BBus, BBA, BMS(Hons) and BSocSc students must gain 135 points from papers listed for Economics, including 105 points above 100 level, and 60 points above 200 level. Students must complete ECONS101, ECONS102, ECONS200, either ECONS202 or ECONS301, ECONS205, ECONS302 and 45 points from either ECONS203 or ECONS306, either ECONS204 or ECONS307, ECONS303, ECONS304 and ECONS305. BBus students may count one of MNMGT495, MNMGT496 or MNMGT499 in place of 15 points from the 45 point option list.

To complete Economics as part of a double major for the BA, BBus, BBA, BMS(Hons), BSocSc, or other undergraduate degree, students must gain 120 points from papers listed for Economics, including 90 points above 100 level, and 45 points above 200 level. Students must complete ECONS101, ECONS102, ECONS200, either ECONS202 or ECONS301, ECONS205, ECONS302 and 30 points from either ECONS203 or ECONS306, either ECONS204 or ECONS307, ECONS303, ECONS304 and ECONS305.

To complete a minor in Economics, students must complete 60 points from the papers listed for the Economics major, including at least 30 points above 100 level, and including ECONS101.

100 level

Code Paper Title Occurrence / Location
ECONS101Business Economics and the New Zealand Economy18A (Hamilton), 18A (Online) & 18B (Hamilton)
This paper offers insights into the behaviour of consumers, firms and the government within the economy, giving students skills in analysing and predicting the actions of individuals and businesses.
ECONS102Economics and Society18B (Hamilton)
This paper introduces selected economic models, with a focus on developing and applying critical thinking skills to a range of business and social issues and to economic policies.

200 level

Code Paper Title Occurrence / Location
ECON200Macroeconomics and the Global Economy18S (Tauranga)
An analysis of the overall performance of the national economy, the role of macroeconomic policy, and the interactions with the global economy.
ECONS200Understanding the Global Economy18A (Hamilton), 18A (Tauranga), 18B (Hamilton) & 18B (Tauranga)
This paper focuses on developing understanding of contemporary global issues, including economic well-being, sustainable growth, emerging economies, world trade and globalisation.
ECONS202Economic Growth and WellbeingThis paper will not be taught in 2018.
This paper will not be taught in 2018.
ECONS203Economics and Strategic Interaction18B (Hamilton)
The aim of this paper is to provide an introduction to strategic thinking and analysis through the basic techniques of game theory, and to illustrate the range of its applications to almost all fields of social science via a wide array of example applications.
ECONS204Economics of Land, Water and Environment18A (Hamilton)
This paper provides students with a detailed understanding of the role of economic analysis in solving real world environmental problems including pollution, sustainable development, resource scarcity, and climate change.
ECONS205Data Analytics with Business Applications18B (Hamilton), 18B (Tauranga), 18C (Zhejiang University City College, Hangzhou China) & 18T (Hamilton)
This paper introduces various data analytical methods and illustrates their business and economics applications, showing how to use data to communicate more convincingly and to produce better-informed business decisions.

300 level

Code Paper Title Occurrence / Location
ECON301Monetary and Macroeconomics18B (Hamilton)
The topics in this paper include economic growth, business cycles, employment, inflation, interest and exchange rates, consumption, investment, money, data, and policy.
ECON302Microeconomics and Business Economics18B (Hamilton)
An introduction to the formal analysis of consumption and business decisions using economic models. Both analytical and numerical methods are used to gain an indepth understanding of important processes.
ECON304Econometrics18A (Hamilton)
Linear regression and binary response analysis of economic and financial data with an emphasis on interpretation, computer applications, and forecasting.
ECON306International Trade and Finance18A (Hamilton)
This paper considers theoretical and policy issues in relation to international trade and finance.
ECON307Experimental and Behavioural Economics18B (Hamilton)
Experimental and Behavioural Economics introduces students to this increasingly popular method for testing and simulating economic theory. The paper stresses the interaction of theory and experiment, relating questions in the theory of markets, games and decisions to issues in experimental design and the analysis and interpretation...
ECON308Managerial Economics and StrategyThis paper will not be taught in 2018.
This paper will not be taught in 2018.
ECON309New Economics of Business18A (Hamilton) & 18XA (Hamilton)
This paper emphasises concepts and techniques in the economics of business strategy. Students will be exposed to real world experiences in undertaking business activities, with the aim of preparing them to analyse investment opportunities and evaluate business propositions. The paper will include a wide variety of learning activiti...
ECON313Economics of Human Resources and Public PolicyThis paper will not be taught in 2018.
This paper will not be taught in 2018.
ECON314Markets, Competition and OrganisationThis paper will not be taught in 2018.
This paper will not be taught in 2018.
ECON315Environmental and Natural Resource Economics18A (Hamilton)
An examination of the economics of sustainable development, resource use, pollution control and the conservation of the environment, including practical applications.
ECON317Economics, Law and PolicyThis paper will not be taught in 2018.
This paper will not be taught in 2018.
ECON319China's Economic DevelopmentThis paper will not be taught in 2018.
This paper will not be taught in 2018.
ECON336Comparative Economics in Global PerspectiveThis paper will not be taught in 2018.
This paper will not be taught in 2018.
ECON339Urban and Regional EconomicsThis paper will not be taught in 2018.
This paper will not be taught in 2018.
ECON390Directed Study18A (Hamilton), 18B (Hamilton) & 18S (Hamilton)
This paper is available only to Waikato Management School students with the approval of the Undergraduate Convenor.
ECON399Applied Project in Economics18I (Hamilton)
An applied research project investigating an economics related issue in an organisational context.
FINA311Corporate Finance18A (Hamilton) & 18A (Tauranga)
This paper covers the principles of corporate finance. The material builds upon fundamental present value concepts to examine corporate capital budgeting, capital structure, dividend policy and cash and liquidity management.
FINA312Portfolios and Markets18A (Hamilton) & 18A (Tauranga)
This paper provides an introduction to portfolio construction, management, and protection. Based on the concept of risk-return trade-off, this paper discusses the techniques and implications of efficient portfolio diversification and the allocation of assets among different securities.
FINA313Capital Markets18B (Hamilton) & 18B (Tauranga)
This paper introduces students to the principal capital markets in Australasia, their associated institutions, markets, regulators and their financial functions.

400 level

Code Paper Title Occurrence / Location
ECON401Monetary and Macroeconomics18B (Hamilton)
The topics in this paper include economic growth, business cycles, employment, inflation, interest and exchange rates, consumption, investment, money, data, and policy.
ECON404Econometrics18A (Hamilton)
Further application of estimation methods commonly used in quantitative economics with an emphasis on interpretation.
ECON406International Trade and Finance18A (Hamilton)
This paper considers theoretical and policy issues in relation to international trade and finance.
ECON407Experimental and Behavioural Economics18B (Hamilton)
Experimental and Behavioural Economics introduces students to this increasingly popular method for testing and simulating economic theory. The paper stresses the interaction of theory and experiment, relating questions in the theory of markets, games and decisions to issues in experimental design and the analysis and interpretation...
ECON408Managerial Economics and StrategyThis paper will not be taught in 2018.
This paper will not be taught in 2018.
ECON409New Economics of Business18A (Hamilton)
This paper emphasises concepts and techniques in the economics of business strategy. Students will be exposed to theory and real world experiences in undertaking business activities, with the aim of preparing them to analyse investment opportunities and evaluate business propositions. The paper will include a wide variety of learni...
ECON413Economics of Human Resources and Public PolicyThis paper will not be taught in 2018.
This paper will not be taught in 2018.
ECON414Markets, Competition and OrganisationThis paper will not be taught in 2018.
This paper will not be taught in 2018.
ECON415Environmental and Natural Resource Economics18A (Hamilton)
An examination of the economics of resource use, pollution control and the conservation of the environment, including practical applications.
ECON419China's Economic DevelopmentThis paper will not be taught in 2018.
This paper will not be taught in 2018.
ECON439Urban and Regional EconomicsThis paper will not be taught in 2018.
This paper will not be taught in 2018.
ECON490Directed Study18A (Hamilton), 18B (Hamilton) & 18S (Hamilton)
This paper is available only to Waikato Management School students with the approval of the Undergraduate Convenor of Department.
ECON495Industry Experience 418C (Online)
A period of four to thirteen weeks internship is spent in a host organisation with relevance to the student's major, located in New Zealand or overseas. Students find their own host organisation, which is then approved by the departmental co-ordinator. In addition to the time spent in the host organisation, Weekly small group elect...
ECON499Report of an Investigation18F (Hamilton), 18G (Hamilton) & 18I (Hamilton)
Directed investigation of an approved topic, available only to students enrolled in the BMS degree.
FINA417Multinational Financial Management18A (Hamilton) & 18A (Tauranga)
This paper deals with finance subject matters faced by multinational corporations. The course examines exchange rate determination, currency exposure management, international investments and international capital budgeting.

Scholarships and prizes

Visit our Scholarship Finder for information about possible scholarships

Economics as a second major

Even if you are enrolled in an undergraduate degree that doesn't list Economics as a major subject, you may normally still take it as a second major. In these circumstances you'll be required to pass 120 points at 200-level or above from one subject area, and incorporate at least 60 points at 300-level or above.

You'll need to include:

  • ECON200 Macroeconomics and the Global Economy
  • ECON202 / 302 Microeconomics and Business Economics
  • ECON204 Quantitative Methods for Economics and Finance
  • No more than two FINA coded papers from the subject papers' list for economics

Graduate Certificate (GradCert)

To complete the requirements for a Graduate Certificate in Economics, you'll need to pass 60 points at 100-level or above and include at least 40 points at 300-level or above. At least 40 points must be in the subject of Economics.

You'll need to include no more than 20 points in FINA coded papers.

Please note: You may need to meet additional paper prerequisites unless a waiver is obtained and depending upon your programme of study.

Graduate Diploma (GradDip)

To complete the requirements for a Graduate Diploma in Economics, you must pass 120 points at 100-level or above and include at least 80 points at 300-level or above, and pass the Writing Competency Module. You can choose to take up to 40 points from other Graduate Diploma subjects with the permission of the Economics Graduate Convenor.

The specific requirements for Economics are that you must include:

  • Either ECON200 Macroeconomics and the Global Economy or ECON202 / 302 Microeconomics and Business Economics (see note below)
  • No more than two FINA coded papers from the subject papers' list for Economics

Please note: This requirement may be waived if you have passed an equivalent Economics paper at another tertiary institution. You may need to meet additional paper prerequisites unless a waiver is obtained and depending upon your programme of study.

Postgraduate Certificate (PGCert)

To complete the requirements for a Postgraduate Certificate in Economics, you'll need to pass 60 points at 500-level from one subject area and meet the specific requirements prescribed for any subject.

You'll need to meet with the Economics Graduate Convenor to discuss an appropriate personal programme of study.

Please note: If you fail a paper then you may repeat it once. If you fail more than one paper, or you fail the same paper twice, then you will not be permitted to proceed with the certificate. You may need to meet any additional paper prerequisites unless a waiver is obtained and depending upon your programme of study.

Postgraduate Diploma (PGDip)

To complete the requirements for a Postgraduate Diploma in Economics, you'll need to pass 120 points at 500-level and submit a Portfolio of Achievement (see the Postgraduate Diploma qualification information for further details). You can choose to take up to 30 points from other graduate subjects with the permission of the department's Graduate Convenor.

You'll need to meet with the Economics Graduate Convenor to discuss an appropriate personal programme of study and include at least one of (see note below):

  • ECON501 Macroeconomic Analysis
  • ECON519 Microeconomic Analysis - Methods
  • ECON520 Microeconomic Analysis - Theory
  • ECON528 Econometric Topics: Macroeconomics and Finance
  • ECON529 Microeconometrics
  • ECON543 Applied Econometrics

Please note: If you fail a paper or papers (no more than 30 points), then you may repeat the paper once, or take an alternative paper. If you fail more than 30 points you will not be permitted to proceed with the diploma. You may need to meet any additional paper prerequisites unless a waiver is obtained and depending upon your programme of study.

Master of Management Studies (MMS)

The completion requirements for the Master of Management Studies are dependent upon your admission criteria; please refer to the qualification information for further details. However, you'll need to:

  • Meet with the department's Graduate Convenor to discuss an appropriate personal programme of study and to ensure any specific subject requirements are met
  • Take 30 points in recognised graduate research methodology papers, which must include: MNGT502 Research Methods in Management Studies for Economics and Finance, and either ECON528 Econometric Topics: Macroeconomics and Finance or ECON529 Microeconometrics (unless passed previously)
  • Take a dissertation (591 / 592) or thesis (593 / 594) in your subject area
  • Submit a Portfolio of Achievement
  • Meet the specific requirements prescribed for Economics or Applied Economics and Finance.

Option one: Economics

The specific requirements for Economics are that you must include (unless passed previously) a paper from at least two of the following three core areas:

  • Macroeconomics: ECON501 Macroeconomic Analysis
  • Microeconomics: Either ECON519 Microeconomic Analysis - Methods or ECON520 Microeconomic Analysis - Theory
  • Econometrics: One of ECON528 Econometric Topics: Macroeconomics and Finance or ECON529 Microeconometrics or
  • ECON543 Applied Econometrics

Option two: Applied Economics and Finance

The specific requirements for Applied Economics and Finance are that you would normally be expected to take a balanced mixture of Economics and Finance papers and (unless passed previously) include:

  • One paper from: ECON501 Macroeconomic Analysis / ECON519 Microeconomic Analysis - Methods / ECON520 Microeconomic Analysis - Theory
  • One of ECON528 Econometric Topics: Macroeconomics and Finance / ECON529 Microeconometrics / ECON543 Applied Econometrics
  • FINA510 Financial Theory and Corporate Policy
  • FINA517 Investments, Portfolios and Financial Markets

Please note: If you fail a paper or papers (no more than 30 points), then you may repeat the paper once, or take an alternative paper. If you fail more than 30 points you will not be permitted to proceed with the degree. You may need to meet any additional paper prerequisites unless a waiver is obtained and depending upon your programme of study.

Master of Philosophy (MPhil) and Doctor of Philosophy (PhD)

Please contact the Economics Graduate Convenor.

Contacts

Management Student Centre (MSC)

Location: MSB.1.50, Hillcrest Road, Waikato Management School, University of Waikato, Hamilton
Phone: +64 838 4303
Email: msc@waikato.ac.nz
Website: www.management.ac.nz/msc

Opening hours: 8.45am - 4.45pm Monday to Friday

One of the best times to pop into MSC is Open Advice Day, held every Wednesday from 10am to 2pm.

Economics subject convenors:

Maria Fitzgerald
Administration manager
Phone: +64 7 838 4758
Email: mfitzy@waikato.ac.nz

Dr Susan Olivia
Senior lecturer in economics
Email: susan.olivia@waikato.ac.nz

Dr Dan Marsh
Senior lecturer in economics
Email: dan.marsh@waikato.ac.nz

Dr Gazi Hassan - MNMGT495/499/599 enquiries
Senior lecturer in economics 
Email: gmhassan@waikato.ac.nz