As a graduate of this course you'll be well placed to become a leader in your chosen career. Whether working as an economist or actuary in a large organisation, or as an economist or business analyst in the government sector, you will be supported by skills and experience that are well-advanced, when compared to those of your peers.
And, as an honours graduate, you'll have greater bargaining power when it comes to negotiating your salary. Starting wages for honours graduates are generally higher, and some employers, such as key government departments, only employ students with an honours qualification (or better).
A Bachelor of Economics allows graduates to satisfy the educational requirements of various professional registrations and memberships. It all depends on what units you take. To learn more, visit professional recognition or talk to your course adviser.
Economics is the analysis of the economy and the factors that influence it, including growth, inflation and unemployment. A great economist uses ideas, data and models to uncover the workings of the economy. Our program encourages logical thought and detailed analysis, but our faculty also thinks outside the financial square. For example, we've modelled the economic effect that events like the Sydney Olympics and the Melbourne Grand Prix have had on our economy, and we've been engaged by the US Department of Homeland Security to quantify the economic effects of the H1N1 flu epidemic.
This degree includes the opportunity for two 12-week industry placements, as well as a scholarship worth $24,000 ($12,000 for each placement). And with an extra year of advanced study, you'll finish with a qualification and experience that will set you apart from the rest.
You'll begin with nine core units that introduce you to the key principles of economics. You'll learn how the microeconomic decisions of individuals, business and government influence the macroeconomic behaviour of the economy. You can then move on to your choice of majors - actuarial studies, economics, econometrics and business statistics, or financial and insurance mathematics. And you have the option to study some subjects from other Monash courses - like geography and environmental science, psychology, languages or politics.
In your fourth year you'll undertake individual research, guided by one of our faculty experts. The area of study is based on your interests and strengths.
Available to domestic students, this course places strong emphasis on developing analytical and technical skills needed to operate at the top of your chosen profession.
View the full 2013 Faculty Undergraduate Course Guide.
Clearly in ATAR score (2013):
View entry requirements and applications for domestic students
4 years full-time
Fees are subject to change annually.
Commonwealth supported place (CSP)
Average annual student contribution
$ 9,792 AUD
Note: see information on how average fee is calculated.
From 1 January 2012 all students pay a Student Services and Amenities fee each calendar year.
First Semester (March)
Faculty of Business and Economics
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Entry requirements
For Business and Economics contact details refer to:
Business
and Economics.
Sorry, this course is not currently registered to take International Students.
Please return to Course Finder keyword search to find a similar course registered for International students.
Equivalent Australian Year 12.
This course is restricted to a limited number of CY12 students with a high ATAR. Applicants must be permanent residents.
Unit 3 and 4 - a study score of at least 30 in English (ESL) or 25 in any other English, and a study score of at least 25 in mathematical methods (CAS) or specialist mathematics.
Minimum entrance requirements for admission to Monash University Australia.
| Qualification | Clayton |
|---|---|
| 2013 ATAR clearly in for CSP | RC |
Applications for on campus studies should be made online through the Victorian Tertiary Admissions Centre.
This course is currently not available to domestic students.