Contrary to common perception, economics is not just about mathematics.
As a discipline, it touches on all kinds of social issues, including welfare, employment, environment, health, poverty, food security, and more.
But according to the director of economics at the University of Tasmania, Dr Mala Raghavan, one of the main obstacles preventing more people from studying for a degree in economics is simply that many do not know exactly what is the economy.
“In terms of marketing, the economy has a branding problem,” she said.
The University of Tasmania offers a diverse range of economics subjects covering everything from applied subjects and social issues to pure theory.
Economics graduates can find themselves in all kinds of careers: public service, non-profit organizations, banks, energy companies, transport companies and consulting firms, making it a discipline that can help people make an impact. positive in the world in different ways. .
“You don’t have to be mathematically inclined; however, you must have an analytical mind and be curious; you have to be able to think rigorously,” said economics lecturer Dr. Clinton Levitt.
“Economics cuts across many fields including science, psychology, sociology, mathematics, finance, accounting, management, engineering, philosophy, geography, etc.
“So whatever a person’s particular skills and knowledge, there will be an aspect of economics to which they can apply it.”
The University of Tasmania is one of the few universities in Australia to offer a bachelor’s degree in economics.
And it offers two majors within this degree: Society and Environment; and Industry, Trade Policy and Strategy.
The University of Tasmania embraces the diverse nature of economics and the diverse issues that economists work on.
It offers a wide range of applied courses in which economic theory is taught through applications.
One of the biggest advantages of studying at a smaller university like the University of Tasmania – over the island state, with its smaller population – is its close ties to industry and the community.
Applied skills learned on this campus can be applied anywhere.
The course integrates the exploration of regional issues and environmental issues, focusing on policy issues that arise from and are specific to regional communities.
The University of Tasmania offers unique combinations available in first year, such as Behavioral Economics, Ecosystem Services, and Social Problem Economics, which provide an attractive economics education for education and psychology students.
Simon Baptist graduated with a bachelor’s degree in economics from the University of Tasmania and is now chief economist and managing director of Singapore-based consultancy The Economist Intelligence Unit.
“Economics is a great framework for thinking about important issues,” he said.
“Some people think the economy is just about finance, but that’s only a small part.
“Whatever your interests, chances are you can use the economy to make a difference.
“It’s also the language that a lot of people in business and government speak, so if you want to influence them, it helps to be able to speak it too.
“The grounding that I had [at the University of Tasmania] has served me very well in an international context – whether postgraduate study or in the job market – so you can be confident in the possibilities this degree can open up for you.
“I still use the things I learned at the University of Tasmania every day.”