Bachelor of Business (Economics and Regional Development)

Overview

Description:
 Why do Economists get paid more than nurses? Why is the Chinese economy growing so rapidly and how is it likely to affect Australia? Why do prices always seem to go up? Why do we have to pay taxes? How can we organize production so that businesses can earn a decent profit without “harming the environment”? These are the kinds of questions economists answer. Economics is a social science that studies the way society distributes scarce resources such as land, labor, raw materials and machinery to produce goods and services. As such it provides the analytical basis for decision making and public policy both in business and government. Economists consider topics such as the environment, water use, poverty, crime, health, education, energy, productivity, profitability, exchange rates, interest rates, government budgets, industry regulation and microeconomic reform.

The demand for economists in Australia and internationally is growing in both the private and public sectors as concern increases over sustainable development, unemployment, inflation, interest rates, the current-account balance and microeconomic reform. JCU offers training for professional economists recognized by major employers such as the Commonwealth and State Treasury and the Reserve Bank.

The course includes foundation subjects in the areas of accounting, economics, data analysis, customer experience, business law, business information systems, management and personal professional skills. These subjects are then complemented by specialist topics in microeconomics, regional economic growth, managerial economics, International trade, forecasting and econometrics.

The Bachelor of Business offers choice and flexibility, with the option to combine Sports and Events Management with a second major from Accounting, Financial Management, Human Resource Management, Marketing, Management and Entrepreneurship, Tourism Management, Business Law and Communication Design. Study in non-business disciplines is available to cater for individual interests or a specialist career goal.
 
 
Duration:
 3 years fulltime
 
Mode:
 On campus, full or part time *
 
Workload:
 Normal workload expectations are a minimum of 10 hours per week for every subject, including class contact hours, preparation and time spent on assessment tasks.
 
Type:
 Undergraduate
 
Credit points:
 72 credit points o
 
Mid-year entry:
 Yes
 
Campus:
 Townsville
 
Faculty:
 Law, Business & the Creative Arts
 
Prerequisite/s:
 English, Maths B (recommended)
 
QTAC code:
 312171 Townsville
 

* Duration: Part-time study is available to domestic students only.

o Credit points: Represent the combined value of individual subjects in a degree. One subject usually constitutes three credit points.
 

Structure

Disclaimer - The list of subjects below is correct for 2009, but may change for 2010. Prospective students should contact the University to confirm admission requirements and the availability of courses.

Students must complete 72 credit points consisting of:

1. Not more than 30 credit points of level 1 subjects

2. At least 18 credit points of level 2 subjects

3. At least 18 credit points of level 3 subjects

1. Core

Students must complete the following core subjects:

BU1002:03 Accounting for Decision Making

BU1003:03 Economics for Business

BU1004:03 Management, People and Organisations

BU1005:03 Personal and Professional Skills in Business

BU1006:03 Managing the Customer Experience

BU1007:03 Business Data Analysis

PLUS

At least 3 credit points of additional level 1 subjects and 6 credit points of additional level 2 subjects selected from those included in Schedule A or Schedule B.

PLUS

At least 3 credit points of level 2 subjects selected Schedule B.

Schedule A

Level 1

BU1008:03 Marketing Fundamentals

BU1009:03 Business Information Systems

BU1011:03 Business, Leisure and Society

BU1112:03 Business Law and Ethics

Level 2

BU2005:03 Entrepreneurship

BU2006:03 Business Modelling

BU2007:03 Project Management

BU2008:03 Leadership and Strategic Thinking

BU2050:03 Work Integrated Learning

BU2060:03 Professional Experience

BU2112:03 Law of Business Organisations

BU2208:03 Marketing Fundamentals

BU2209:03 Business Information Systems

BU2050:03 Work Integrated Learning

BU2060:03 Professional Experience

Schedule B

BU2004:03 Financial Management

BU2010:03 Business Research Methods

Economics & Regional Development Major component

BX2021:03 Managerial Economics

BX2022:03 Macroeconomic Policy

BX3021:03 International Trade

BX3023:03 Economic Growth and Regional Development

BX3024:03 Contemporary Economic Policy and Social Welfare

PLUS

BX3022:03 Econometrics

OR

BX3025:03 Forecasting

2. CPA and/or ICAA accreditation

To be eligible for accreditation with Certified Practicing Accountants (CPA Australia) and/or the Institute of Chartered Accountants Australia (ICAA) students must complete the Accounting major as well as the following 18 credit points consisting of the following subjects:

BU1009:03 Business Information Systems

OR

BU2209:03 Business Information Systems

BU1112:03 Business Law and Ethics

BU2004:03 Financial Management

BU2006:03 Business Modelling

BU2112:03 Law of Business Organisations

BU3112:03 Taxation

3. Majors

(a) In addition to the above core subjects student’s may wish to select an optional second major from either the business or non-business majors shown below.

(b) The following Majors are available:

Economics & Regional Development (Townsville Only)

Financial Management (Cairns Only)

Hospitality Management (Cairns Only)

Human Resource Management

International Business (Cairns Only)

Management & Entrepreneurship

Marketing

Tourism Management

Sports and Events Management

(c) The following non-business majors are available

Business Law

Communication Design (Townsville Only)

(d) Any completed named majors will appear on the testamur.

(e)The availability of majors will vary according to study centre.

Honours

An Honours program is available for those students who demonstrate high academic performance. Honours consists of an extra year of study and the development of a personal research project and thesis. An Honours degree is usually essential for entry to research higher degrees. JCU's School of Business also offers a wide range of postgraduate study opportunities and has an active research program.

BU4062:03 Current Issues in Business Research

BU4064:03 Research Design: Methods and Statistics Part 1 of 2

BU4065:03 Research Design: Methods and Statistics Part 2 of 2

BU4068:06 Honours Thesis Part 1 of 2

BU4069:06 Honours Thesis Part 2 of 2

EITHER

EC3414:03 Financial Econometrics (not offered 2008)

OR

EC4703:03 Advanced Econometrics

Cadetships and Scholarships in Economics

Several private and public-sector institutions offer cadetships/scholarships to economics students. Details vary across institutions, but these scholarships are typically awarded to students who have performed well in their undergraduate degrees. They often provide the student with a living allowance during the final (honours) year of study, and some institutions will also contribute to the student’s HECS bill. In 2006, each of the following departments offered cadetships / scholarships:

Reserve Bank of Australia

Treasury

Department of Employment and Workplace Relations

Department of Finance and Administration

Australian Bureau of Agriculture and Economics

Queensland Rail

Career Opportunities

JCU economics graduates are respected for their quantitative and analytical skills and their understanding of the workings of the Australian and global economies and have been very successful in finding employment as professional economists in a range of areas including: consulting, economic policy development, economic modelling, investment and trade, banking (merchant, trading and reserve), natural resource and agricultural, non-government agencies, private industry, federal, state and local government departments, research organisations, universities and treasury.

Back to James Cook University

To enrol and find out course fees, intake dates, entry requirements and more details about courses and the Institute please click on the Enquiry button and complete our form and one of our staff member will get back to you very soon.