Economics - University of Otago

Economics@Otago
Using the Economics degree
Consulting
Banking
Insurance
Government
Graduate Studies...
Small/Large Business
Entrepreneurship
Finance
Management
Government...
Economics covers a variety of topics in Business, Social Science and Decision Science. The University of Otago offers 3
different Bachelor’s degrees in Economics:
BSc
o Bachelor of Commerce (BCom) – A degree featuring breadth in a variety of commercial disciplines (finance, accounting, information science, etc).
Economics
o Bachelor of Science (BSc) – A degree that emphasises technical skills and quantitative analysis.
Economics opens doors to
a variety of career options.
Graduates with Economics
degrees find that their
training has a high value.
Empirical Microeconomics
Natural Resource Economics
Art History
11%
Decision Analysis
Energy Economics
Political Economy
Development Economics
Population Economics
9%
Econometrics
Health Economics
International Macroeconomics
Psychology
Urban and Regional Economics
Economic Growth
International Trade
Sports Economics
Students learn
important economic
vocabulary, history
and ideas, but also
the skills needed for
economic research
(including modelmaking and
statistical analysis).
Subjects that complement Economics
Psychology
Computer
Science
Maths
Tourism
Marketing
15%
Anthropology
Arts
Political Science
History
Sociology
59%
23%
Economics
52%
37%
Math
Economics provides
students with the tools
for global citizenship.
Students leave
university ready to
contribute to society.
Economics
In 2011, 3.5% of all bachelors
degree majors in progress in
New Zealand were for
Economics or Econometrics.2
Economics is great on its own,
but is also often taken with other
subjects as a co-major or minor.
53%
Law
Sources:
[1] S Jones, E Hoest, R Fuld, M Dahal & D Colander (2009), What economics majors think of the economics major, in D Colander & M K McGoldrick (eds.), Educating
Economists: The Teagle Discussion on Re-evaluating the Undergraduate Economics Major, Northampton: Edward Elgar.
[2] Ministry of Education (2011), Trends in fields of study of bachelors degree graduates in New Zealand, available at
http://www.educationcounts.govt.nz/publications/tertiary_education/41801/3.
[3] P Mahoney, Z Park & R Smith (2013), Moving on up: What young people earn after their tertiary education? New Zealand Ministry of Education.
[4] Studentsreview.com (2012), Job satisfaction by major, available at www.studentsreview.com/satisfaction_by_major.php3.
Created by Dan Farhat, Department of Economics, University of Otago, PO Box 56, Dunedin, New Zealand, 9054, (tel) 03 479 8645, [email protected].
100%
75%
69%
0%
$46,000
32%
$41,000
26%
$36,000
26%
$31,000
9%
26%
81%
83%
5%
17%
2%
14%
3%
10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
How well does Economics prepare
students for life in the modern world?1
4%
9%
13%
14%
14%
13%
53%
55%
58%
61%
28%
26%
23%
35%
46%
50%
25%
31%
54%
Physics
Philosophy
Management
Political Science
$51,000
45%
60%
15%
Statistics
Accounting
Business
46%
English
Language
$56,000
52%
Chemistry
Geography/
Surveying
Science
38%
10%
0%
Information Science
Finance
International Studies
$61,000
63%
61%
45%
34%
31%
27%
55%
Unsuccessful
53%
Successful
Highly Successful
22%
20%
Accountancy
Computational Economics
35%
Mathematics
Sociology
Banking and Finance
Money and Banking
Easy
Economics
Behavioural Economics
Medium
Business and Management
Hard
5 Years After
Sales and Marketing
3%
Economic Methodology
Empirical Macroeconomics
1 Year After
Political Sciences and Policy
Labour Economics
How difficult is the Economics major?1
Human Society
Agricultural Economics
2009/2010 Earnings for Young New Zealanders After
Completing a Bachelor’s Degree3
Tourism
Economics coursework balances
conceptual and analytical thinking: a
powerful combination.
Salaries for Economics majors
Philosophy
For more information on the Economics major at the University of Otago, visit www.business.otago.ac.nz/econ.
Behaviourial Science
o Honours (Hons) are offered with each degree. Many students opt to Minor (Minor) in Economics to complement their main field of study.
Our papers are taught by engaging research-active
academic staff with diverse expertise
BA
BCom
o Bachelor of Arts (BA) – A degree with the option to study the arts and humanities (sociology, political science, geography, anthropology, etc). A BA in
Philosophy, Politics and Economics (PPE) is also available
Public Policy
Social Work
Law
Graduate Studies...
% Satisfied with Job4
Political Science
Finance
Biology
Economics
Chemistry
Education
Sociology
Math
Journalism
Philosophy
Communications
Accounting
Physics
English
Computer Science
Anthropology
Social Work
60%
83.0%
81.7%
80.7%
80.4%
80.3%
80.1%
79.9%
79.2%
77.3%
76.6%
74.1%
73.5%
72.5%
71.5%
70.1%
68.4%
64.8%
65%
70%
75%
80%
85%