Major in Economics

You’ll develop the cultural awareness and critical thinking skills you need to analyze and produce a broad range of discourse in a full spectrum of careers — and to make a difference in whatever you do.

Overview

The Major in Economics at Auckland Royal Academy provides a comprehensive foundation in economic theory and its application to the real-world challenges facing New Zealand and the global economy. Students study microeconomics, macroeconomics, econometrics, and a range of applied fields including labour economics, environmental economics, and public finance, developing the analytical framework and quantitative skills that distinguish economics graduates in a competitive employment market.

Research projects and applied economics courses connect theoretical study with New Zealand's economic institutions and policy debates. You will analyse data from Statistics New Zealand, the Reserve Bank, and international databases, developing the ability to form and test economic hypotheses with quantitative rigour. Guest lectures from senior economists in government, the private sector, and research institutions provide direct insight into economic careers and the practical application of economic reasoning.

Career Opportunities

Economics Major graduates work in government departments, commercial banks, regulatory agencies, research organisations, and management consulting. The Reserve Bank of New Zealand, Ministry of Business, Innovation and Employment, Commerce Commission, and the major trading banks are among New Zealand employers who actively seek economics graduates for roles in economic analysis, policy advice, and market regulation.

Program Learning Outcomes

Apply microeconomic and macroeconomic principles to analyse market behaviour, evaluate economic policy, and assess the welfare effects of government intervention in New Zealand's goods, labour, and financial markets.

Demonstrate proficiency in econometric analysis using standard statistical software, applying regression techniques and causal inference methods to economic research questions using real New Zealand and international data.

Construct evidence-based economic arguments in written and oral formats, demonstrating the ability to communicate economic analysis clearly and persuasively to both specialist and general audiences in policy and business contexts.

Programme

Semester 1CreditsNumber
Introduction to Economics4ECON 101
Foundations & Theory4ECON 110
Research Methods3ECON 120
Semester 2CreditsNumber
Applied Economics I4ECON 201
Professional Practice3ECON 210
Industry Context NZ4ECON 220
Semester 3CreditsNumber
Applied Economics II4ECON 301
Critical Perspectives3ECON 310
Ethics & Standards3ECON 320
Semester 4CreditsNumber
Advanced Economics4ECON 401
Specialisation Elective3ECON 410
Economics Capstone Project4ECON 490
Total for the entire period of study11

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