Bachelor of Business in Applied Economics

Applied Economics at PNG University of Technology

Welcome to the Applied Economics program at PNG University of Technology, where students acquire a comprehensive understanding and practical application of economic theories, frameworks, and models. Our curriculum prepares graduates to navigate national, regional, and global economic landscapes, integrating diverse cultural perspectives and addressing contemporary business challenges.

Course Learning Outcomes:
Students develop critical thinking and problem-solving skills essential for analyzing and interpreting business and economic information effectively. They apply their knowledge from various disciplines, including statistics and mathematics, to solve real-world economic problems. Emphasis is placed on research proficiency and effective communication in both individual and team settings. Graduates are equipped to recognize and navigate ethical considerations, ensuring they uphold the values of independence, innovation, and entrepreneurship in a global and ethical context.

Graduate Attributes:
Upon completion of the Applied Economics program, graduates embody the following attributes:

• Lifelong Learner: Continuously seeking knowledge and adapting to advancements in Economics and Business Studies.
• Critical Thinker: Evaluating information rigorously, making informed decisions, and effectively solving complex problems.
• Effective Communicator: Demonstrating clear and persuasive communication skills essential for professional environments.
• Cultural Modernist: Understanding and appreciating diverse cultures, integrating cultural awareness into business practices.
• Morally Upright: Upholding high ethical standards in professional conduct and decision-making.
• Technologically Savvy: Utilizing technology proficiently to enhance productivity and competitiveness in the global market.

At PNG University of Technology, we are committed to preparing students for success in the dynamic global business environment through rigorous academic training and practical skill development. Join us and embark on a journey towards becoming a proficient and ethical leader in applied economics.

BACHELOR OF BUSINESS IN APPLIED ECONOMICS

First Year First Semester
IS111 Introduction to Information and communication Technology
BM111 Introduction to Business Management
CD111 Professional Practice and Sustainable Development
MA114 Quantitative Methods I

First Year Second Semester
AE121 Principles of Economics
BM121 Business Law
AC121 Principles of Accounting
MA124 Quantitative Methods 2

Second Year First Semester
AE211 Microeconomics
AE212 Quantitative Economics
AE213 International Economics
Electives
BM212 Business Ethics & Corporate Governance
BM213 Entrepreneurship Development & Management
*** Please note that the Section Head will determine electives available to the students.

Second Year Second Semester
AE221 Macroeconomics
AE222 Business Statistics
AE223 Banking and Finance
Electives
BM221 Human Resource Management
CD227 Effective Communication Skills & Ethics in the workplace
*** Please note that the Section Head will determine electives available to the students.

Third Year First Semester
AE311 Industrial Economics
AE312 Development Economics
AE313 Labour Economics
Electives
BM312 Public Administration
CD314 Writing a Research Paper
*** Please note that the Section Head will determine electives available to the students.

Third Year Second Semester
AE321 Monetary Economics
AE322 Econometrics 1
AE323 Environmental Economics
Electives
BM323 Industrial Relations
BM223 Sales Management
*** Please note that the Section Head will determine electives available to the students.

Fourth Year First Semester
AE411 Advanced Microeconomics
AE412 Econometrics 2
AE413 Public Finance
AE414 Research Methods

Fourth Year Second Semester
AE 421 Macroeconomic Theory and Policy
AE422 Managerial Economics
AE423 International Trade and Finance
AE424 Research Project in Economics

School Leavers

Entry into the program is at Grade 12 or equivalent level. Applicants are required to have completed secondary education of equivalent from a recognized institution.

Minimum grades of requirements are:

• Language & Literature or
• Applied English – B
• Maths B – B
• Maths A – C
• Economics – B
• Business Studies – B

Non-School Leavers

Entry into the program is at Grade 12 or equivalent level. Applicants are required to have completed secondary education of equivalent from a recognized institution.

Minimum grades of requirements are:

• Language & Literature or
• Applied English – B
• Maths B – B
• Maths A – C
• Economics – B
• Business Studies – B
• Or Matriculation

On-Campus

Classes are held on campus, (Taraka) 6 hours per week for each subject (6×4)

Online

Virtual classes are held, 6 hours per week for each subject (2×4)