Economics - B2031
Economics is the science of decision-making and the key to unlocking how the world works – from the consumption of goods and services, to changes in employment rates or living standards. Economics is at the heart of how society operates and it impacts how we spend, save, work and live.
In a Bachelor of Economics, you’ll learn how to use data to make better business decisions, study the impact of individual economic choices, and build an in-depth understanding of the way local, national and global economies function.
You’ll study a broad range of areas – such as human behaviour, development, policy and business – and learn to bring this information together to form valuable insights.
With a strong understanding of how decisions affect individuals, organisations and governments, you’ll be in a better position to influence change at all levels of society. The latest economic theories and analytical tools will also allow you to identify and communicate the impact of government policies, both domestically and on a global scale.
At a glance
Subject prerequisites
English | Maths | Sciences / Other |
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N/A |
Course Details
Location |
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Duration |
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Start date |
First Semester (February), Second Semester (July) |
Entry Requirements
Entry Requirements (Domestic students)
You need to satisfy all of the following requirements to be considered for entry into this course.
Qualifications
Equivalent Australian Year 12
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.
Extra Requirements
Applicants are strongly advised to complete the VTAC Personal Statement.This ensures all relevant information is considered in the selection process.
The course develops through the four themes of foundation commerce knowledge, specialist discipline knowledge, capstone experience, and elective study.
A. Foundation commerce knowledge
B. Specialist discipline knowledge
C. Capstone experience
D. Free elective study
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
Semester two (July)
Apply directly to Monash using course code B2031
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 is:
A$13,500
Note: see information on how average fee is 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.
A$31,700
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.