Economics has the same course structure as commerce in first year. So you'll be doing your accounting, econ maths and economics together. The difference is that in economics, its mandatory that you have to do an economics major (obviously).
So basically, you'll have to do one of the following;
- Economics
- Econometrics
- Financial Economics
In the past, they offered economic history as a major in eco but I noticed they're removed it in 2009 handbook.
In addition, you'll also do either a minor or another major from within the ASB (accounting, finance, etc...).
I'll talk about the majors themselves.
Economics is the most generic major under the economics degree. It's basically more study into micro, macro and some econometrics. And its a 'free for all' in regards to your electives so you can pick and choose from the 2 lists in the handbook. I do this major but I do it under a commerce degree so its renamed 'business economics'.
Econometrics is probably the hardest major out of the required 3. You'll basically be doing advanced econometric modelling and alot of mathematical theory. Even though you'll do some econometrics in the economics major, it won't be as hard as the required courses you'll need to complete for econometrics. Basically, if you're shit at maths (like me), don't go near it.
Financial economics (which I'm doing under my eco degree), in terms of difficulty, lies between the ones above. It's a funny major and not a very common one but I prefer it over a normal finance major. It's basically a lot of econometric modelling with a bit of finance. You'll be doing stuff like business forecasting and financial econometrics which is getting some information, making econmetric models for it and making predictions or forecasts based from it. The theory is less mathematical than econometrics but its quite abstact and hard to really understand. Like I said before, its not a very common major so chances are, you won't really find too many people doing it.
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