Economics - B2031
What are the latest trends in how we consume goods and services? How does a growing population impact national employment rates? Can living standards keep the pace of rising inflation? These are just some of the questions economic thinkers are tasked with finding the answers to.
At its core, economics considers how people, businesses and governments use finite resources to function as a society – and the impacts of the economic decisions we all make every day. It’s an analytical, data-driven discipline that thinks about challenges logically and finds sustainable ways forward. Making those who are qualified in economics essential to both businesses and governments.
YOUR BUSINESS CAREER BEGINS HERE
The Bachelor of Economics establishes you as this kind of thinker and change-maker. You’ll learn more about the tools, policies and theories that form the foundation of modern economics, then apply your analytical skillset to one of four key specialisations. No matter which you choose, sustainable economic practice and equity will positively influence your perspective.
IMAGINE WHAT YOU COULD DO
Economics is essential to the very functioning of the modern world – and the career pathways are diverse. Professional economists are regularly employed as policy makers, researchers and in leadership roles across public and private sectors. Combine big picture economic thinking with in-demand quantitative skills and give your career a truly competitive edge.
Ready to use your economic insights to answer some of society’s biggest questions?
At a glance
Subject prerequisites
| English | Maths | Sciences / Other |
|---|---|---|
| N/A |
Course Details
Location |
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|---|---|
Duration |
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Start date |
First Semester (February) |
Qualification |
Bachelor of Economics |
This degree will give you an analytical skill set. You can further focus your study by following one of four specialisations:
Please select a specialisation for more details:
- Business analytics for economics
- Economics and economic policy
- Macroeconomics and financial markets
- Mathematical economics and econometrics
"The wide range of subjects gives you different perspectives, not only on how economics works, but on different ways of thinking about solving problems." - Ben Muratore (Bachelor of Economics)
Entry Requirements
Entry Requirements (Domestic students)
There are many ways to be considered for entry to a Monash University degree depending on your educational background and history. The below options reflect the academic requirements for the different applicant categories (or the highest level of education previously completed) to be considered for this Monash course. All applicants must satisfy equivalence of the VCE subject prerequisites or equivalent tertiary units including the English language requirements.
Qualifications
Equivalent Australian Year 12
Completing Year 12 in the Current Year or within the Last 2 Years
Applicants with Recent Secondary Education
Started or Completed a TAFE Certificate, Diploma or Advanced Diploma
Applicants with VET Study
Started or Completed a Bachelor Degree
Applicants with Higher Education Study
Finished Year 12 More than 3 Years Ago with No Further Study
Applicants with Work and Life Experience
Alternative qualifications and prerequisites
For other domestic and international qualification entry requirements and scores for this course use the study credit and admissions eligibility search.
English requirements
Applicants must also meet the English language requirements.
University entrance requirements
Minimum entrance requirements for admission to Monash University Australia.
Partner with another course
Double degree courses allow you to study towards two different degrees at the same time, and graduate with two separate qualifications. And because a required subject in one course can count as an elective in the other, our double degrees take up to two years less than if you studied for the two degrees separately.
Making the application
Future students
Semester one (February)
Applications for on campus studies should be made online through the Victorian Tertiary Admissions Centre
Current Monash students
You may apply to transfer from another Monash course. Transfers are a competitive process. You may apply mid-year for available courses however consideration will be given as to whether you will be able to follow your course progression.
Please note that if you apply for a course transfer, you should still enrol in your current course as if you were continuing so as not to jeopardise your enrolment in the Faculty if your transfer application is unsuccessful. More about Course Transfer.
Self assess for credit eligibility
Check for study credit using the "Credit search" link on the Credit for prior study page.
Fees
Fees are subject to change annually.
Commonwealth supported place (CSP)
The average annual student contribution amount for 2026 is:
A$15,000
Note: see information on how fees are calculated.
Fee assistance
As a Commonwealth supported student, you may be able to either:
- pay all of your student contribution upfront, or
- defer payment through the HECS HELP loan scheme.
Full fee
Fees are per 48 credit points which represents a standard full-time course load for a year. The fees for 2026 are:
A$38,000
Scholarships
We offer over 360 types of scholarships, valued at up to $280,000. Some scholarships offer one-off payments while others continue for the length of your course. Learn more about Monash Scholarships.
Other fees
The Student Services and Amenities Fee applies to some students each calendar year.