1. ECONOMICS Dana Hanna, Research School of Economics

2. What is Economics? Economics is the study of human behavior
Study how economic agents choose to allocate scarce resources
How those choices impact on society
Economics, at it’s simplest is the study of human behavior. Does that surprise you? Idd you think that was physcology? Well, it’s actually economics (too).

3. Economic activity is all around us
YOU are an economic agent

4. Economic activity is all around us
Everyday we make choices to maximize our well-being

5. Why Economics?
Why do diamonds cost more than water??

6. Why Economics?
Why did the Reserve Bank of Australia (RBA) lower interest rates last month??

7. Why Economics?
How does your birth order determine your intelligence??

8. Why Economics?
Why are some countries rich and some poor??

9. Why Economics? Microeconomics and Public Policy
Macroeconomics and Policy
Economics of Industries and Competition Regulation
Behavioural Economics and Psychology
Money, Banking and Finance
Environmental Economics
Econometrics and Business Forecasting
Business, Managerial and Marketing Economics
Public and Political Economics
International Economics and International Finance
Strategic Thinking and Game Theory
Information Economics and Mechanism Design
History and Philosophy of Thought
Development and Poverty

10. What can I do with Economics?
Public Sector
Private Sector
Development
Environment
Health
Education
Academia

11. What can I do with Economics?
Economists play a crucial role in public policy, and are much in demand in many government departments and corporate organisations.
There are many opportunities for economists in international agencies, in areas such as global economic analysis, development, resource management and the environment.
Firms employ economists to help understand the wider business environment and guide their business development strategies.

12. What can I do with Economics?
Consultancy and accounting firms employ economists to help guide their clients
Financial institutions including banks, and in particular the Reserve Bank of Australia, actively recruit economists to advise them on the state of the economy and on risks from factors such as interest rate changes and exchange rate movements
Thriving national and international market for academic economists in high schools, colleges and universities

13. Why Economics at ANU? Economics @ ANU = Research School of Economics

14. Why Economics at ANU? Relevance: Real-world Questions and Solutions
Industry and Policy contributions
Research:
Research-led frontier thinking and learning
Not static skills for just one career
Shaping leading thinkers and thinking leaders, not followers
Faculty-student interactions
a living and ever-growing intellectual family
Rigour:
Use and Innovate scientific methods in the Humanities
World leaders in many fields reside in RSE
Disciplined logical thinking, not sound-byte or buzz-word superficial thinking

15. in full-time work four months after graduation
Employment Prospects
% of graduates available for full-time work who are
in full-time work four months after graduation
ANU
National
Business Studies
77.8%
74.4%
Accounting
83.0%
78.9%
Economics
95.0%
76.9%
Source: Graduate Destinations Survey 2012

16. Median Starting Salary of 2012 Australian Graduates
Pay Prospects
Median Starting Salary of 2012 Australian Graduates
ANU
National
Business Studies
$55,500
$50,000
Accounting
Economics
$60,000
$55,000
Source: Graduate Destinations Survey 2013

17. Entry Requirement For 2016: ATAR of 86 No prerequisites
Google “ANU CBE undergraduate guide”
BEc entry requirements
For 2016: ATAR of 86
No prerequisites
Assumed Knowledge for maths---i.e., ACT Math Methods (Tert Major), NSW 2 unit Maths
Combine B.Ec with many other degrees:
e.g. Math, Computer Science, Actuarial Studies, Arts, Asia-Pacific Studies, Commerce, Engineering, Finance, Laws, Science, and more
Undecided? Choose flexible double degree and decide later!

18. Meet our Student Representatives
June Ma
Michael Wijnen

19. THANKYOU!

20. Take part in the CBE Challenge and scan the QR code