This major includes core subjects in both microeconomics and macroeconomics. Microeconomics provides the framework for analysing issues in taxation, trade and the competitive structure of markets, while macroeconomics focuses on the forces that influence long-term economic growth, inflation, unemployment and the balance of payments. You will develop the capacity to understand the fundamental workings of the economy and markets, and implications of economic policy. The Economics major can also be combined with a major in Finance if you are interested in pursuing a career as a financial economist. At UWA, our internationally renowned Economics lecturers emphasise the foundations needed to understand the way the economy works, be it Australia, China, the US or the world as a whole.