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?

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At a glance

Course Details

Location
  • On-campus at Clayton: Full time
Duration
  • 3 years (full time)
Start date
First Semester (February), Second Semester (July), November
Qualification
Bachelor of Economics
Course Handbook

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:

"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 (International students)

You need to satisfy all of the following requirements to be considered for entry into this course.

At the time of enrolment in a course at Monash University, you must be at least 17 years of age.

View all minimum age requirements.

All Monash undergraduate courses require you to have successfully completed a minimum of an Australian Year 12 qualification (or equivalent) and achieve the required academic entry score. Most Monash faculties generally use your most recent studies for admission however other guidelines may apply where your prior qualification may be considered.

Entry requirements for each qualification level are as follows:

All Monash undergraduate courses require you to satisfy English entry requirements in one of the following ways:

If your English test does not meet the above scores you may want to consider Monash English. Some Monash courses however do not accept Monash English.

The English measures outlined above must be completed within 3 years prior to the Monash course commencement date (other time limitations may apply as outlined in the Admission to Coursework Courses and Units Procedure). If you have completed several measures of English proficiency over a period of time, the highest valid measure will be accepted.

Monash University reserve the right to ask students to complete an English test to meet English course requirements upon request.

Further information can be located at English language requirements.

International students applying for a visa need to satisfy English requirements set by the Department of Home Affairs where these requirements and acceptable English tests differ from Monash University.

All Monash University undergraduate courses require you to have previously studied and achieved required Australian level standards in specific subject known as prerequisite subjects.

You must satisfy the following prerequisite subject requirements for this course:

*If you have completed an Australian Year 12 qualification you will be required to meet the prerequisite subject requirements that are equivalent to the VCE prerequisite subject requirements specified above.

Courses with maths and science prerequisite subjects

If the course you are applying for requires maths and/or science as prerequisite subjects, you can meet the requirements in the following ways:

  • Australian Year 12 or International Baccalaureate (IB) Diploma Programme:

    You must meet the maths and/or science prerequisite subject required for your chosen course as specified above (if applicable).

  • Other qualifications recognised by Monash:

    If you have completed maths and/or science subjects in the relevant discipline at the required grade level, it is assumed that you have knowledge equivalent to the Australian Year 12 (VCE equivalent) prerequisite subject required for your chosen course. It is strongly recommended that you check that you have covered the assumed knowledge required for your course by completing the Assumed Knowledge Skills Analysis.

    This online activity includes multiple-choice questions based on your prior studies and helps you identify areas for revision, so you can start your course feeling confident and prepared. Once you accept your Monash offer and set up your student account you can complete the Assumed Knowledge Skills Analysis before starting your course.

These guidelines do not apply to the Bachelor of Medical Science or Doctor of Medicine, or to courses that require a tertiary-level Physiology unit: Bachelor of Pharmacy (Honours) (Graduate Entry), and Bachelor of Pharmacy (Honours) and Master of Pharmacy (Graduate Entry).

Alternative pathways

If you don't satisfy the requirements for direct entry consider these pathway options.

Entry requirements for Monash University are subject to change.

The course structure and progression map can be viewed in the Handbook.

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)

Apply directly to Monash using course code B2031

Apply

Semester two (July)

Apply directly to Monash using course code B2031

Apply

November intake

Apply directly to Monash using course code B2031

Apply

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.

International fee

Fees are per 48 credit points which represents a standard full-time course load for a year. The fees for 2026 are:

A$55,900

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.

Enrolment Obligations

International students enrolling in a CRICOS-registered course can study no more than one third (33%) of their course by distance and/or online learning. Students must enrol in at least one unit that is not by distance and/or online in each compulsory study period unless the student is completing the last unit of their course. See standard 8.19 and 8.20 of National Code of Practice for Providers of Education and Training to Overseas Students 2018.

CRICOS code: 001447E

International course guides

If you are an international student and wish to find out more about our courses, entry requirements, studying at Monash and more, please download our international course guides below.

International Study Grants

International study grants

International Study Grants valued at up to $10,000