Regulations for The Bachelor of Applied Economics - BApplEcon

Official rules and regulations for the Bachelor of Applied Economics. These regulations are for the 2024 intake to this qualification.

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Qualification Regulations

Part I

These regulations are to be read in conjunction with all other Statutes and Regulations of the University including General Regulations for Undergraduate Degrees, Undergraduate Diplomas, Undergraduate Certificates, Graduate Diplomas, and Graduate Certificates.

Part II

Admission

1. Admission to the Degree of Applied Economics requires that the candidate will meet the University admission requirements as specified.

Qualification requirements

2. Candidates for the Degree of Bachelor of Applied Economics shall follow a flexible programme of study which shall consist of courses totalling at least 360 credits, comprising:

(a) not more than 180 credits at the 100 level; and

(b) at least 270 credits from the Schedule to the Degree;

(c) at least 90 credits at the 300 level from the Schedule to the Degree;

and including:

(d) the core courses as specified in Schedule A for the Degree;

(e) attending Contact Workshops, block courses, field trips, studios, workshops, tutorials and laboratories as required.

Specialisations

3. The Bachelor of Applied Economics is awarded without a major.

4. Candidates may complete a minor by passing at least 60 credits for one of the Bachelor of Applied Economics minoring subjects, including:

(a) at least 45 credits above 100 level; and

(b) at least 15 credits at 300 level.

5. The requirements for each minor are set out in Schedule B for the Degree of Applied Economics.

6. Minors available in the Bachelor of Applied Economics are: Accountancy; Finance; and Valuation and Property Management.

Completion requirements

7. Any timeframes for completion as outlined in the General Regulations for Undergraduate Degrees will apply.

8. Candidates may be graduated when they meet the Admission, Qualification and Academic requirements within the prescribed timeframes; candidates who do not meet the requirements for graduation may, subject to the approval of Academic Board, be awarded the Diploma in Business Studies should they meet the relevant Qualification requirements.

Unsatisfactory academic progress

9. The general Unsatisfactory Academic Progress regulations will apply.

Schedule for the Bachelor of Applied Economics

Course planning key

Prerequisites
Courses that need to be completed before moving onto a course at the next level. For example, a lot of 200-level courses have 100-level prerequisite courses.
Corequisites
Courses that must be completed at the same time as another course are known as corequisite courses.
Restrictions
Some courses are restricted against each other because their content is similar. This means you can only choose one of the offered courses to study and credit to your qualification.
Key terms for course planning
Courses
Each qualification has its own specific set of courses. Some universities call these papers. You enrol in courses after you get accepted into Massey.
Course code
Each course is numbered using 6 digits. The fourth number shows the level of the course. For example, in course 219206, the fourth number is a 2, so it is a 200-level course (usually studied in the second year of full-time study).
Credits
Each course is worth a number of credits. You combine courses (credits) to meet the total number of credits needed for your qualification.
Specialisations
Some qualifications let you choose what subject you'd like to specialise in. Your major or endorsement is what you will take the majority of your courses in.

Schedule A: Core courses (Choose 150 credits from)

Choose 150 credits from
Course code: 115113 Economics for Business 15 credits

The course examines the nature of the contemporary economic environment in which businesses operate, and considers how economics can aid in business decision-making.

Restrictions: 115106

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Course code: 178100 Principles of Economic Policy 15 credits

The course provides students with a basic understanding of economic policy at industry, national and international levels.

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Course code: 178111 Quantitative Methods for Economics 15 credits

This course provides a foundation for students to develop their quantitative and analytical skills in the context of the Economics discipline.

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Course code: 178200 Macroeconomics 15 credits

The development and application of macroeconomic models to globally-oriented economies, and the assessment of real-world policy problems from a practical perspective.

Prerequisites: 178100 or 115113

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Course code: 178201 Microeconomics 15 credits

The development and application of models of consumer optimisation, producer behaviour, and competition in markets.

Prerequisites: 115113 or 115106

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Course code: 178280 Regression and Predictive Analysis 15 credits

An introduction to regression and predictive analysis, using real world data to provide actionable insights that aid organisational decision-making processes.

Prerequisites: 115113 or 115109

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Course code: 178300 Macroeconomic Policy and Applications 15 credits

This course incorporates financial markets into macroeconomic models and analyses government policies that address current macroeconomic events.

Prerequisites: 178200

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Course code: 178301 Competition and Industry 15 credits

The modelling of microeconomic decision-making of competing firms in industries, with application to real-world issues.

Prerequisites: 178201

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Course code: 178380 Business Forecasting 15 credits

Specification and estimation of business models for policy analysis and forecasting. Treatment of common problems encountered in real world data analysis using econometric models.

Prerequisites: 178220 or 178280 Restrictions: 178321 and 178320

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Business Communication Course (Choose at least 15 credits from)

Choose at least 15 credits from
Course code: 115111 Communication Theory and Practice 15 credits

This course identifies key theories and strategies to enhance written, oral, visual, and interpersonal communication for different purposes and audiences. Students explore, discuss, critique, and practise communication for a business and global environment and recognise how world views, culture, and contexts shape communication.

Restrictions: 219100 and 219203

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Schedule B: Minors

Accountancy (60 credits)

Selection from

Course code: 110109 Introductory Financial Accounting 15 credits

An introduction to measurement concepts in accounting and to the preparation and presentation of financial statements and reports, including the compilation of primary financial data.

Prerequisites: 115112 or 115102 or 110100 Corequisites: 115112 or 115102 Restrictions: 110215, 110230, 110213 (1999)

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Course code: 110209 Intermediate Financial Accounting 15 credits

A detailed study of financial reporting, with particular emphasis on corporate regulatory requirements, both professional and statutory.

Prerequisites: 110109 or 110215 or 110230 Restrictions: 10210, 10213 (Pre 1999), 110313

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Course code: 110229 Management Accounting 15 credits

A study of cost accumulation and allocation processes used for internal routine reporting to managers for cost management and operational planning and control; internal non-routine reporting to managers for strategic and tactical decisions; inventory valuation and income determination for external reporting. Where appropriate, examples and applications in primary industries and the public sector will also be considered.

Prerequisites: 110109 or 110215 or 110230 Restrictions: 10200, 10220, 110223

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Course code: 110249 Accounting Information Systems 15 credits

A study of systems for the measurement and reporting of information for internal and external decision-making, including the emerging technologies that lend support for this. The accountant’s role in the formulation, design, implementation and management of these systems, including risk management and controls will also be addressed.

Prerequisites: 110109 or 110215 or 110230 Restrictions: 10240, 110243

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Course code: 110309 Advanced Financial Accounting 15 credits

A study of advanced financial accounting topics and contemporary professional and conceptual issues relevant to financial reporting.

Prerequisites: 110209 or 110313 Restrictions: 110713, 10310

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Course code: 110329 Advanced Management Accounting 15 credits

A study of advanced topics and contemporary issues in management accounting in a range of industry settings, including strategic management and performance management.

Prerequisites: 110229 or 110223 Restrictions: 110320

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Finance (60 credits)

Selection from

Course code: 115114 Finance Fundamentals 15 credits

This course introduces analytical techniques for evaluating personal and business investment and financing decisions, including coverage of the context and environment in which these decisions are made.

Restrictions: 115105

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Course code: 125220 Financial Institutions and Markets 15 credits

An overview of the operation of institutions, products and markets which make up the financial system and discusses the role of governments, both domestically and internationally, in the management of our financial system.

Prerequisites: 115114

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Course code: 125230 Business Finance 15 credits

The course provides students with a fundamental knowledge of financial theory and practice. In addition to valuation and capital budgeting, students will study working capital management, capital structure, the cost of capital, dividend policy and ethics in finance.

Prerequisites: 115114

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Course code: 125241 Introduction to Investments 15 credits

An introduction to the fundamental and practical concepts of the investment process. Investment products, including equity, debt instruments, and derivatives are discussed as well as basic portfolio concepts.

Prerequisites: 115114 Restrictions: 125240

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Course code: 125320 International Finance 15 credits

This course provides an overview of the theories and institutional environment of international finance. Students will gain insight into exchange rate determinations and instruments available for managing financial risk in a globalised economy.

Prerequisites: 125230; and one of 125220 or 125241 or 110209 or 152261

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Course code: 125330 Advanced Business Finance 15 credits

A study of finance theory in practice, designed to facilitate effective corporate financial decision making.

Prerequisites: 125230

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Course code: 125340 Investment Analysis 15 credits

The application of analytical techniques to investment decision-making.

Prerequisites: 125241 Restrictions: 125342

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Course code: 125350 Financial Risk Management 15 credits

This course provides an overview of the theory and practice of financial risk management or hedging. Financial risk exposures can be categorised into three areas: interest rate risk, foreign exchange risk and commodity price risk. The focus will be on the methods of identifying and measuring the impact of these exposures and the appropriate instruments to hedge the firm's exposures.

Prerequisites: 125230; and either 125220 or 125241

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Course code: 125364 Bank Financial Management 15 credits

An application of finance and economic theory to the financial management and operation of banks globally, from a risk and regulatory perspective.

Prerequisites: 115114 or 115105; and 125220 Restrictions: 125360, 125361, 125362, 125363

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Valuation and Property Management (60 credits)

Selection from

Course code: 127241 Property Market Principles 15 credits

A broad based introduction to property examined from both a New Zealand and international perspective. This course incorporates the use of technology in relation to all aspects of the property market.

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Course code: 127242 Introduction to Property Valuation 15 credits

An introduction to the principles and methods of property valuation.

Restrictions: 127255

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Course code: 127245 Introduction to Property Finance and Investment 15 credits

Introduction to property investment analysis, the role of property finance and the evaluation of property financing decisions.

Prerequisites: 115114 or 115105

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Course code: 127341 Property Management and Development 15 credits

The application of analytical techniques to, and the appraisal of, the management and development of commercial real estate resources.

Prerequisites: 127241

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Course code: 127342 Applied Property Finance and Investment 15 credits

This capstone course is an applied study of property finance and investment analysis which includes portfolio theory in relation to property.

Prerequisites: 127241, 127242, 127245 and one of 127341 or 127343 or 127378 Corequisites: 127341 or 127343 or 127378

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Course code: 127378 Property Economics and Planning 15 credits

A study of location theory, planning and the economic dynamics involved in the development of cities, using analysis of property space and asset class.

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Schedule C: Elective courses

Course code: 112248 Food and Agribusiness Value Chains 15 credits

The study of the flow of food and agricultural products from the farm to the final consumer. Emphasis on successful value chain management applied to food and agribusiness. The course utilizes field trips to study local value chains.

Prerequisites: 119180

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Course code: 112302 Food and Agribusiness Strategies 15 credits

Extensive use of food industry and agribusiness case studies. Emphasis is placed on strategic analysis and decision making applied to New Zealand and international agribusiness

Prerequisites: 112248

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Course code: 115112 Accounting for Business 15 credits

An introduction to how accounting information is used for planning, monitoring and evaluating organisational performance.

Restrictions: 115102

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Course code: 115115 Management in Context 15 credits

This course provides students with a theoretical and practical understanding of management and organisations in the contemporary context.

Restrictions: 115108

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Course code: 115116 Introduction to Marketing 15 credits

The course provides an understanding of the core concepts and practices of marketing.

Restrictions: 115104

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Course code: 115211 Business Law 15 credits

The course will encompass an introduction to the key elements of the law within which business operates in New Zealand from a practical perspective.

Prerequisites: 90 credits at 100-level Restrictions: 115103, 155110

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Course code: 127100 Introduction to Property and Real Estate 15 credits

An introduction to the concepts and principles underlying the property market/industry in New Zealand. This course provides an overview of the regulatory, economics and evaluation framework for users and investors in property and real estate.

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Course code: 157151 Living and Working with Technology 15 credits

An introductory study of the roles and applications of information systems in organisations and society.

Restrictions: 115107, 157150, 157100

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Course code: 160105 Methods of Mathematics 15 credits

An introductory course designed to increase the confidence of students in handling mathematical concepts and skills. Content includes algebraic skills, functions and graphs, and an introduction to calculus.

Restrictions: 160101, 160102, 160103, 160111, 160112, 160131, 160132, 160133, 228171, 228172

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Course code: 161101 Statistics for Business 15 credits

An introduction to the presentation, analysis and interpretation of quantitative data. Topics include the construction of charts and summary statistics, probability, sampling, hypothesis testing, regression, time series analysis and quality management.

Restrictions: 115101, 161100, 161111, 161120, 161122, 161130, 161140, 297101

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Course code: 161111 Applied Statistics 15 credits

Statistical literacy, the ability to understand and reason with statistics and data, is becoming increasingly important as our world becomes more and more data-rich. This course focuses on developing statistical literacy in real-world contexts. We teach students to use software (Excel and RStudio) to summarise, display and analyse data. We explore data collection techniques including sampling methods and experimental design. We introduce statistical inference methods (confidence intervals, hypothesis testing and regression) with an emphasis on communicating results in context.

Restrictions: 115101, 161101, 161120, 161122, 161130, 161140

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Course code: 178360 Sustainability, Environmental and Climate Change Economics 15 credits

A survey of environmental and climate change issues and the application of economic analysis to these issues and policies to achieve sustainable outcomes.

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Course code: 178370 Development Economics 15 credits

An examination of major development problems and issues, both domestic and international, from a combined economic theory, empirical and policy-oriented perspective.

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Approved courses from any other degree offered by the University

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