Economics is a social science, which focuses on how individuals, groups, and societies can make the best use of limited resources. Human wants are unlimited ranging from obtaining the basic necessities of life to road construction programs, constructing and running hospitals and schools, participating in international sporting events, etc. Satisfying those desires uses resources: natural resources, human labour, man-made resources, and time. These resources are not just scarce, but they also have alternative uses. The discipline of Economics explores how we may optimize the use of our own and the nation’s scarce resources. Thus, economics is the study of the resource allocation choices among competing uses for our well-being.
Governments also face alternative policy options to solve national economic problems such as unemployment, inflation, budget deficit, the balance of payments and poverty reduction for improving the standard of living.
A degree in economics is a flexible qualification which can open the door to a great variety of exciting and well-paying careers. These include various government ministries, reserve Bank, commercial and development banks, and in a wide range of regional and international organizations such as the World Bank, Asian Development Bank, united Nations Development Program, Pacific Islands Forum Secretariat, Secretariat of the Pacific Community, and the South Pacific Regional Program. Opportunities are also there for graduates to work in schools and private organizations.
Programme Requirements: This Bachelor of Commerce programme consists of 24 course units amounting to 360 credit points. Students must complete all compulsory courses and elective courses as stated below:
Admission Requirements
Persons shall be eligible to be admitted to study for a Bachelor of Commerce in Economics if they have:
1. Passed the University Foundation Programme; or
2. Passed Fiji Year 13 Examination with an aggregate of at least 200 marks in 4 subjects with a minimum of 50% in English; or
3. Passed any examination deemed by the University to be equivalent to the University Foundation Education certificate.
Year 1 Semester 1 |
Credits |
ECO102 Microeconomics I | 15 |
ECO103 Economics Statistics | 15 |
LLC101 English for Academic Purposes | 15 |
1 x 100 level course from 2nd Major | 15 |
Year 2 Semester 1 |
Credits |
ECO202 Microeconomics II | 15 |
ITK111 Spoken iTaukei Language for Beginners/HIC111 Spoken Hindi for Beginners | 15 |
2 x 200 level course from 2nd Major | 30 |
Year 3 Semester 1 |
Credits |
**ECO301 Monetary Economics/ ECO303 Applied Econometrics/
ECO306 International Economics |
15 |
UUU300 Contemporary Fiji | 15 |
1 x 300 level course from 2nd Major | 15 |
Year 1 Semester 2 |
Credits |
ECO101 Macroeconomics I | 15 |
UUU100 Social Research Methods | 15 |
ITC100 Information Technology for the Workplace/ ACC110 Introduction to Accounting Packages | 15 |
1 x 100 level course from 2nd Major
ECO103 Economic Statistics |
15
15 |
Year 2 Semester 2 |
Credits |
ECO201 Macroeconomics II | 15 |
ECO203 Basic Econometrics | 15 |
UUU200 Contemporary Fiji | 15 |
1 x 200 level course from 2nd Major | 15 |
Year 3 Semester 2 |
Credits |
**ECO302 Public Finance/ ECO305 Agricultural Economics/
ECO304 Economic Growth and |
15 |
2 x 300 level course from 2nd Major | 30 |
Elective Year 3
Course Title |
Credit Point |
1 x 300 level course from either major | 15 |
- Students are required to do either ECO103 or MTH 101 (Except for Accounting students who are required to do MTH 101).
- Choose any 3 courses from the options given in academic terms 1 and 2 (ECO 301, ECO 302, ECO 303, ECO 304, ECO 305, ECO 306 ECO 307 and ECO308).