Our cookies

We use cookies to offer you a better browsing experience with personalized content, relevant ads and enhanced functionalities. By allowing all you agree to the use of cookies as per the cookie policy and remember you can manage your preferences anytime.

What will I learn?

The Bachelor of Economics is all about exploring the principles our economy is built on, and analysing decisions in a commercial context. Learn to think analytically, solve problems logically, and make informed commercial decisions.

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.

This degree will give you an analytical skill set. You can further focus your study by following one of two streams: Economics and economic policy, or Mathematical economics and econometrics.

Economics and economic policy: Understand the bigger economic picture – from how goods and services are consumed, to changes in employment rates. You’ll learn to apply economic theories and analytical tools to the economy, and identify the effects of domestic and international government policies.
Mathematical economics and econometrics: If you’re more interested in the numbers behind the economic theories, this stream could be the one for you. You’ll learn how to analyse and interpret econometric and mathematical data, and apply your findings in a range of contexts, including financial investment, production, taxes, and government expenditure and policies.

Which department am I in?

Monash Business School

CRICOS

001447E

Study options

Full Time (3 years)

Tuition fees
A$47,300.00 (25,73,449) per year
Start date

25 July 2022, 24 July 2023

Venue

Monash University

Clayton Campus,

Wellington Road,

MONASH UNIVERSITY,

Victoria,

3800, MELBOURNE, Australia

Entry requirements

For students from United States

Satisfactory completion of Year 12 or International Baccalaureate in Australia. IELTS (Academic): 6.5 Overall score, with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0; Pearson Test of English (Academic): 58 Overall score, No PTE communicative skills score below 50; TOEFL Internet-based test: 79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21; Paper-based TOEFL 550 Test of written English: 4.5; Cambridge English: Advanced (CAE) 176 No skill score below 169; Cambridge English: Proficiency (CPE) 176 No skill score below 169

For international students

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

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.

You need to achieve the minimum scores shown for any of the English language tests below.

IELTS (Academic): 6.5 Overall score, with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0

Pearson Test of English (Academic): 58 Overall score, No PTE communicative skills score below 50

TOEFL Internet-based test: 79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21

Paper-based TOEFL 550 Test of written English: 4.5

Cambridge English: Advanced (CAE) 176 No skill score below 169
Cambridge English: Proficiency (CPE) 176 No skill score below 169

*There may be different IELTS requirements depending on your chosen course.

Pathways options

Offered by other partners

This university accepts pathways courses from
ADD TO MY FAVOURITES