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Old 7 Apr 2005, 4:02 PM   #1 (permalink)
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Eco vs Comm

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If anyone has any information about these degrees, please post.

----

Overall, the Bachelor of Commerce is more flexible than the Bachelor of
Economics.?As part of the Commerce degree students must select a core/major
area of study, and they choose from majors in:?Accounting, Business Information
Systems, Finance, International Business, Management, and Marketing. The
Commerce degree is designed specifically for students who wish to become
professional accountants and more generally for those students seeking a career
in business.

Students enrolled in the Economics degree do not get to choose a major area of
study and it has a much narrower scope.?It is designed to provide students with
an appreciation of various economic issues such as unemployment, resource
allocation, economic growth, income distribution and foreign trade. ANU抯
Bachelor of Economics is widely regarded as one of the very best in Australia.

Both the Economics and Commerce degrees equip students with skills that are
highly desirable to employers.?I would encourage your student to consider a
double degree in economics and commerce, as it broadens the career opportunities
and is only 4 years of full time study.



Please let me know if I can be of any further assistance.



Kind regards



Jane McKinnon

Marketing Co-ordinator

Faculty of Economics and Commerce

The Australian National University

T: + 61 2 6125 3893

F: + 61 2 6125 0744

E:?jane.mckinnon@anu.edu.au
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Old 7 Apr 2005, 7:54 PM   #2 (permalink)
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Um you choose electives in economics, these lead to a major (if you want one, if not you can mix and match).

Both require micro and macro every year and so both build a broad understanding of the economy.

In general commerce is more business centered the focus being on individual players in the economy and various issues to do with them. Whereas economics is more focused on the broader economy and issues associated with it.

Commerce expect to be an accountant work in marketing etc etc. Economics expect to trade in stockmarket, work for govt policy, analyse economic trends for business' etc etc.

Advantage of commerce over economics - you don't have to do Econometrics or Economic history.
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Old 6 Jul 2005, 9:36 PM   #3 (permalink)
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Quote:
Originally Posted by bearpooh
ANU do like to fuck with undergraduates though.

I turned down a place in ANU law because they stuffed up my accomodation
severely. ( The idiots who look after accomodation there wanted to put me in a hotel room far away from the campus. )

I am doing law at UNSW now.
ANU is the only university that I know of that provides guaranteed accomodation to first years. While this is off topic, the only persons fault for being offered a place off campus is yours - for applying for a college place too late.
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Old 7 Jul 2005, 4:31 PM   #4 (permalink)
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Quote:
Originally Posted by addymac
Advantage of commerce over economics - you don't have to do Econometrics or Economic history.
Did you find EMET helped in understanding microeco? If so did you find this was reflected in your results?
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Old 7 Jul 2005, 7:47 PM   #5 (permalink)
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EMET did help slightly however reuslts were poor. In retrospect I should have realised that I had no chance in EMET this semester and concentrated on micro. Doing general maths and working alot handicapped me somewhat. I will retake EMET next year and won't be as naive insofar as effort goes.
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Old 8 Jul 2005, 1:18 AM   #6 (permalink)
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How did you go in micro? I thought I would've done heaps better but got only 68
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Old 8 Jul 2005, 10:58 AM   #7 (permalink)
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I also did worse than expected.....
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Old 13 Jan 2006, 6:27 PM   #8 (permalink)
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can anyone please tell me if i need a bridging course for B Economics/ B Commerce (finance) if i did general math scoring 95 in the examination as it states assumed knowlege is mathamatics. can you pick it up? or not? can you do bridging courses? if anyone can answer me that would be greatly appreciated.

PLEASE ONLY ANSWER IF YOU ARE A 2ND YEAR STUDENT AND ACTUALLY KNOW ABOUT THIS!!!!
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Old 13 Jan 2006, 6:44 PM   #9 (permalink)
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Quote:
Originally Posted by loquasagacious
Advantage of commerce over economics - you don't have to do Econometrics or Economic history.
Ok, so I'm an old prick. When I did commerce about 10 years ago I had to do Economic History. Econometrics was also part of Quantitive Methods (or Quantitative Analysis), I can't remember which one. I definately had to do both, and both were first year subjects where we had NO electives. As the degree progressed, from 2nd to 3rd year, we were able to choose more and more electives, allowing us to specialise in a greater number of areas. Another reason for the greater number of electives was to be able to get accreditation amongst a larger number of bodies i.e CPA, Institute of Managers and Corporate Secretaties, Institue of Auditors (the last two bodies are straight from the top of my head from what I can remember, the names of these bodies may be slighly different). To get accredation certain bodies require students to undergo certain subjects. Your careers advisor and department heads can inform you about this.
The information that I am presenting is based on what was the case 10 years ago, in Victoria and at La Trobe University. Please realise that different universities will slightly adjust their courses as they think is best.
One thing is for sure. If you want to do Commerce, DO ACCOUNTING AT VCE OR HSC. If you do not do Accounting in high school, this subject will haunt you for many, many years.

I hope this helps.
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Old 14 Jan 2006, 12:20 AM   #10 (permalink)
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Ok commerce at the ANU requires one economic history course however no econometrics - however there is stats....
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Old 26 Jan 2006, 3:32 PM   #11 (permalink)
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Re: Eco vs Comm

Quote:
Originally Posted by Ralph
can anyone please tell me if i need a bridging course for B Economics/ B Commerce (finance) if i did general math scoring 95 in the examination as it states assumed knowlege is mathamatics. can you pick it up? or not? can you do bridging courses? if anyone can answer me that would be greatly appreciated.

PLEASE ONLY ANSWER IF YOU ARE A 2ND YEAR STUDENT AND ACTUALLY KNOW ABOUT THIS!!!!

Its called ANU college its a one night a week thing and theres three different courses (i think they also do it in a block on the holidays)
I did it after i failed EMET1001, fairly useful however the bastards have timetabled EMET to Semester 2 this year (was Sem 1 last) so i'll probably have forgotten all i learnt.
Theres a link to it on the anu site (too lazy to find it)
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Old 4 Feb 2006, 10:51 PM   #12 (permalink)
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Re: Eco vs Comm

The economics degree is fairly prescribed. you have to do a lot of economics courses. They also take courses which should be in other disciplines and have special "economics" versions of them. a combined degree would be the most interesting with both economics and commerce. that shoudl allow you to do some non-economics units.

The sort of maths required is very specific to certain courses. As I remember, first year economics didn't require much beyond hsc 2u maths. second and third years. a good 3u maths mark should help you a lot.

In terms of bridging courses. you are better off doing first year maths at uni as well as economics. in honours economics you used to have to do the equivalent of "first year maths" anyway (specialised economics units).

An economics honours degree is hard work. 600 starting students end up as 10 or so honours students.
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Old 24 Jan 2007, 12:33 AM   #13 (permalink)
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Re: Eco vs Comm

So if you choose commerce, what would be the best major for say investment banking?

I was thinking about international business

Thanks
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Old 24 Jan 2007, 6:48 AM   #14 (permalink)
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Re: Eco vs Comm

hey babes,

Try finance, and accounting. International business is not really related to investment banking, even thought the language would be useful.

I know this, as firstly i am a uni student, and secondly as I used to work in a related industry, stockbroking (back office broker), and now in banking (loan approvals), thats why i am up so early!


Does this help?

Last edited by Ralph; 24 Jan 2007 at 6:50 AM.
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Old 24 Jan 2007, 10:01 AM   #15 (permalink)
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Re: Eco vs Comm

do both im doing Eco/Commerce majoring in Finance leaves a fair bit of scope while giving a good eco background. Finance though I expect would be best for doing investment banking in the future but someone else probably has a far better answer then I do to the question!
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