Monash University Handbook 2010 Undergraduate - Course

This double degree provides a professional education in the disciplines of biomedical science and economics, with a strong emphasis in developing skills as health economists in the health services industry.

Refer to the two single degree entries at http://monash.edu.au/pubs/handbooks/courses/0023.html and http://monash.edu.au/pubs/handbooks/courses/2230.html.

The course structure has three main components:

• a set of core units which provide an introduction to the key areas of business
• a major in economics. All units taken as part of this major must be from your campus of enrolment
• a major in biomedical science.

The degree requires completion of 32 units (192 points) over a maximum of 10 years as follows:

(a.) 16 units (96 points) from the Bachelor of Economics component at the Clayton campus as follows:

(i.) six core units (36 points):

• ECC1000 Principles of microeconomics
• ECC1100 Principles of macroeconomics
• ECC2000/ETC2000 Intermediate microeconomics
• ECC2010/ETC2110 Intermediate macroeconomics
• ETC1000 Business and economic statistics
• ETC1010 Data modelling and computing

(ii.) a further four units (24 points) in either economics or econometrics and business statistics, which combined with the core units complete an eight unit major

Units required for specified Faculty of Business and Economics majors

Economics

Four units (24 points) from the following list, with at least two units (12 points) completed at third-year level:

• ECC2300 Current issues in macroeconomic policy
• ECC2360 Environmental economics
• ECC2400 Current issues in applied microeconomics
• ECC2410 Introductory econometrics
• ECC2440 Mathematics for economics and business
• ECC2450 Sports economics
• ECC2600 Behaviour, rationality and organisation
• ECC2700 Economic issues in health and health care
• ECC2800 Prosperity, poverty and sustainability in a globalised world
• ECC2840 Australian economic institutions and policy
• ECC2890 Economic development of East Asia
• ECC3410 Applied econometrics
• ECC3570 The international economy since 1945
• ECC3640 Economics of climate change
• ECC3650 Applied general equilibrium economics
• ECC3660 Monetary economics
• ECC3670 Economics of developing countries
• ECC3690 International economics
• ECC3710 Labour economics
• ECC3800 History of economic thought
• ECC3810 Public finance
• ECC3830 Competition and regulation
• ECC3840 Mathematical economics
• ECC3860 Integrated economic modelling

It is recommended that students in this double degree include the unit ECC2700 (Economic issues in health and health care) in their major.

Econometrics and business statistics

Four units (24 points) from the following list, with at least two units (12 points) completed at third-year level:

• ETC2410 Introductory econometrics
• ETC2430 Actuarial statistics
• ETC2440 Mathematics for economics and business
• ETC2450 Applied forecasting for business and economics
• ETC2470 Applied business modelling
• ETC2480 Business modelling methods
• ETC2500 Marketing research analysis
• ETC2520 Probability and statistical inference for economics and business
• ETC3400 Principles of econometrics
• ETC3410 Applied econometrics
• ETC3420 Bayesian modelling and risk analysis
• ETC3440 Introductory econometrics
• ETC3450 Time series analysis for business and economics
• ETC3460 Financial econometrics
• ETC3490 Business simulation
• ETC3500 Survey data analysis
• ETC3510 Modelling in finance and insurance
• ETC3530 Contingencies in insurance and pensions
• ETC3840 Mathematical economics
• ETC3860 Integrated economic modelling

(iii.) an additional two units (12 points) from the faculty in the Bachelor of Economics at the Clayton campus to reach the required minimum of 12 units

iv.) an additional four electives (24 points) may be taken from any Faculty of Business and Economics programs and campuses, or from the following complementary disciplines from the Faculty of Arts and Faculty of Science:

• geography and environmental science
• history
• politics
• mathematics
• sociology
• philosophy
• languages (selected from offerings at the Clayton campus).

Additional Bachelor of Economics degree requirements:

• a minimum of four third-year level units (24 points) from those offered by the faculty at the Clayton campus
• in addition to specific unit prerequisites, second-year level units require the successful completion of three first-year level units and third-year level units require the successful completion of two second-year level units

(b.) 16 units (96 points) from the Faculty of Medicine, Nursing and Health Sciences as follows:

(i.) year one - four compulsory units (24 points):

• BMS1011 Biomedical chemistry
• BMS1031 Medical biophysics
• BMS1042 Biomedical sciences and society
• BMS1062 Molecular biology

(ii.) year two - four compulsory units (24 points):

• BMS1021 Cells, tissues and organisms
• BMS2021 Biochemistry of human function
• BMS1052 Human neurobiology
• BMS2042 Human genetics

(iii.) year three - four compulsory units (24 points):

• BMS2011 Structure of the human body
• BMS2031 Body systems
• BMS2052 Microbes in health and disease
• BMS2062 Introduction to bioinformatics

(iv.) year four - two compulsory units

• BMS3021 Molecular medicine and biotechnology
• BMS3042 Biomedical basis of disease 2

and two elective units (24 points):

• two third-year units from the area of biomedical science (generally these are units with the prefixes ANT, BCH, BME, BMS, BND, BNS, CEL, DEV, GEN, HUP, IMM, MIC, PHA and PHY).

Bachelor of Economics

Bachelor of Biomedical Science