There is evidence of economic writing that dates all the way back to the Mesopotamian era. The development of modern economics is largely due to two groups which were known as the physiocrats and the mercantilists. These groups help develop capitalism in Europe in the 16th century.

Due to the numerous countries within Oceania, work occasions and work permit laws differ greatly, with data on opportunities in some nations being limited. Australia and New Zealand are the most advanced countries in the area.

A foundation year will prepare students to complete their more advanced degree curriculum. With required courses, students get a good idea of what life will be like when they are accepted into their degree program and begin to pursue their dreams.