Studying Economics at Canterbury -
leading to post-graduate study in Economics
What is Economics?
Elizabeth Prasad - MCom
Economics is the study of how people behave. Every day, people and society are confronted by choices. Should you go to university or start a career? What should you do with your next dollar? Should the government raise the minimum wage, or not? How do we address the big issues in the world such as poverty and climate change? Choices involve trade-offs where we are choosing between two things that we like.
The outcomes of choices have both costs and benefits to consider. Economics is the study of how people and societies make such decisions in the production, exchange, distribution and consumption of goods and services.
Students who graduate from the post-graduate programme have no difficulty in securing very good careers. Common destinations include the Reserve Bank, Treasury, Ministry of Business, Innovation and Employment (MBIE), Statistics New Zealand, the major trading banks and the NZIER. The Chief Economists of the four major trading banks are graduates of UC’s postgraduate programme. Some graduates continue on to further study either here in New Zealand or oversees. First class honours students have often entered directly into PhD programmes.
BSc (Hons), BCom(Hons), BA(Hons) – Students complete a fourth academic year of study comprising 90 points (120 in the BSc(Hons)) in 600-level papers and a research project.
MCom in 180 points – students complete 12 months of further study comprising 120 points of 600-level papers and a research dissertation.
Master of Applied Finance and Economics – students complete a further 12 months of study comprising taught courses in both Economics and Finance.
MCom, MSc or MA by thesis - Students complete two further years of study with the second year being by thesis.
PhD - Students complete a 3-4 year research project written up as a thesis. Entry is after successful completion of either Honours or Masters by thesis degree.
Planning your degree
The Economics major is available in the BCom, BA and BSc. Students who major in Economics in the BCom must also complete the required 100-level BCom courses (MGMT 100, INFO 123 and ACCT 102). Students who major in Economics in the BA must also complete a minor in another Arts discipline.
This degree plan is for those students who wish to keep open the option of entering post-graduate study in Economics.
- ECON 104 Introduction to Microeconomics
- ECON 105 Introduction to Macroeconomics
- STAT 101 Statistics I
- MATH 102 Mathematics 1A
- FINC 101 Personal Finance
- ACCT 102 Accounting and Financial Information
Students who take ACCT 102 keep open the option of a Finance major.
- ECON 206 Intermediate Macroeconomics
- ECON 207 Intermediate Microeconomics - Households and Government
- ECON 208 Intermediate Microeconomics - Firms and Markets
- ECON 213 Introduction to Econometrics
- ECON 321 Microeconomic Analysis
- ECON 324 Econometrics
- ECON 326 Macro and Monetary Economics
- 15 further points in ECON courses