UNSW Business School Undergraduate guide 2017 | Page 43

Areas of Study

Econometrics

Economics

Use your passion for
numbers to analyse and
understand economic impact
and business decisions.
By studying Econometrics,
you’ll learn how to develop
and apply mathematical
techniques and quantitative
methods to model the
economic decisions made
by individual consumers
through to the collective
workings of the economy.

Economics is fundamentally
concerned with scarcity and
choice, and examines how
individuals, businesses, and
government make economic
decisions in the face of
scarce resources. It deals
with important issues such
as economic growth and
development, the causes
and effects of unemployment
and inflation, income
distribution, public policy
design and implementation,
and the means to improve
overall efficiency and living
standards despite limited
resources.

Sample courses
Microeconomics 1
Macroeconomics 1
Quantitative Analysis for
Business and Economics
Business and Economic
Statistics
Microeconomics 2
Introductory Econometrics
Macroeconomics 2
Econometric Theory
Econometric Methods
Statistics for Econometrics
Career options
Economic forecaster
Economic researcher
Economist
Econometrician
Market analyst
Policy advisor
Quantitative analyst
Statistical analyst

Financial
Economics
This branch of economics
focuses on the finance
sector, using economic
theory and economic
models to analyse and
understand financial
markets and their products.
It is concerned with
understanding how financial
instruments, such as bonds,
futures, options and shares,
are priced in the markets,
and how individuals and
firms manage financial risk.
Sample courses
Microeconomics 1
Macroeconomics 1
Quantitative Analysis for
Business and Economics
Business and Economic
Statistics
Microeconomics 2
Introductory Econometrics
Business Forecasting
Economics of Finance
Financial Econometrics
International Trade Theory
and Policy

Sample courses
Microeconomics 1
Macroeconomics 2
Quantitative Analysis for
Business and Economics
Business and Economic
Statistics
Microeconomics 2
Introductory Econometrics
Macroeconomics 2
Econometric Methods
Development Economics
Markets and Frictions

Career options
Economic researcher
Financial analyst
Financial economist
Financial planner
Investment analyst
Market analyst
Policy advisor
Wealth management analyst

Career options
Economic forecaster
Economist
Investment analyst
Management consultant
Market analyst
Policy advisor
Public administrator
Statistical analyst

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Finance
Learn how to manage
resources in the financial
and capital markets. This area
of study looks at investment
decisions (such as portfolio
selection, mergers, and
acquisitions) and corporate
financing decisions (such
as dividend policy, debt
and equity structures, and
lease decisions) within
these markets.
Sample courses
Capital Markets and
Institutions
Business Finance
Portfolio Management
International Business
Finance
Wealth Management
Venture Capital
Credit Analysis and Lending
Options, Futures and Risk
Management
Career options
Credit analyst
Financial analyst
Financial planner
Funds management analyst
Investment banker
Management consultant
Stockbroker
Trader