Section 3: Results by Fields of Research Code

14 Economics

Economics is comprised of the following four-digit codes:

1401 Economic Theory
1402 Applied Economics
1403 Econometrics
1499 Other Economics

7 out of 34 two-digit UoEs and 18 out of 46 four-digit UoEs assessed were rated above world standard

FoR Overview

Economics (14) accounted for approximately two per cent of the research outputs submitted to ERA 2015. Journal articles were the primary research output type (76 per cent). Applied Economics (1402) was the largest Economics sub-discipline, in terms of research outputs, research income, staffing levels and research commercialisation income.

Indicator	No.
Research outputs	7,386.5
Research income	$151,172,292
FTEs	947.3
Esteem count	91.9
Patents	-
Research commercialisation income	$12,843

Rating	Distribution
Rating	Two-digit	Four-digit
5	3	10
4	4	8
3	10	14
2	16	13
1	1	1
Total	34	46

Number of UoEs per rating scale score

Stacked bar chart showing the total number of UoEs by rating scale score (i.e. ratings 1-5) for all four-digit Economics codes. This chart includes data for two-digit and four-digit evaluations. Further details are located in each of the tables below the sub heading at the start of each four-digit code in this section.

Note: 14 Economics shows assessed two-digit UoEs only.

Research outputs submitted by type

FoR code	Book	Book Chapter	Journal Article	Conference Paper	NTRO	Total
1401 Economic Theory	15.0	77.3	576.7	82.6	1.0	752.5
1402 Applied Economics	85.6	726.0	4,120.9	315.8	64.5	5,312.8
1403 Econometrics	7.9	62.2	542.7	69.2	1.0	683.0
1499 Other Economics	12.4	106.7	365.9	148.2	4.9	638.2
Total	120.9	972.2	5,606.2	615.8	71.4	7,386.5

Research income by year-all categories ($)

Stacked bar chart showing total research income for all HERDC income categories by year for 2011, 2012, and 2013 for each four-digit code in Economics - 1401, 1402, 1403 and 1499. Full details are outlined in the following table.

FoR code	2011 ($)	2012 ($)	2013 ($)	Total ($)
1401 Economic Theory	2,283,601	2,293,477	2,161,014	6,738,091
1402 Applied Economics	40,502,304	42,664,126	44,260,373	127,426,803
1403 Econometrics	4,700,113	5,175,075	4,323,065	14,198,254
1499 Other Economics	859,913	830,124	1,119,107	2,809,144
Total	48,345,931	50,962,802	51,863,559	151,172,292

Staffing profile by academic level

FoR code	Level E	Level D	Level C	Level B	Level A	Other FTE	Total
1401 Economic Theory	21.9	15.7	35.5	26.9	6.0	1.8	107.8
1402 Applied Economics	151.8	88.3	154.6	177.2	25.1	14.5	611.5
1403 Econometrics	24.3	13.8	21.1	30.9	5.0	5.6	100.7
1499 Other Economics	7.3	11.6	26.1	55.1	17.0	10.2	127.3
Total	205.2	129.4	237.3	290.1	53.1	32.1	947.3

Research commercialisation income by year ($)

FoR code	2011 ($)	2013 ($)	Total ($)
1401 Economic Theory	0	0	0
1402 Applied Economics	7,201	0	7,201
1403 Econometrics	0	5,642	5,642
1499 Other Economics	0	0	0
Total	7,201	5,642	12,843