MajorUndergraduate

ECONOMIC07 Economics

Faculty of Business and Economics

Economics (ECONOMIC07) is a major worth 48 credit points, listing 31 units, taught at Clayton. It is offered in 3 courses, including Bachelor of Arts and Bachelor of Commerce.

Credit points
48
Units
31
Campus
Clayton
Offered in
3 courses

This is the 2023 handbook entry. See the 2026 entry.

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Requisite map

Overview

Economics provides an advanced knowledge of the theories explaining and analysing the production, distribution, and consumption of goods and services and focuses on how individuals, households, firms and governments interact and how economies work. Microeconomics examines the behaviour of buyers and sellers in the economy, while macroeconomics analyses the entire economy and issues affecting it, including unemployment, inflation, economic growth, and monetary and fiscal policy.

Availability
Economics is listed in B2001 Bachelor of Commerce at Clayton as a major and minor.

Structure

Core units24 credit points
Economics units offered at Clayton24 credit points
You must complete 24 credit points from the following Economics units offered at Clayton, with at least 18 credit points at level 3. You may choose any of the units from any of the themes below or you may choose to select units within one theme.

Note: If you intend to undertake an honours year you must complete at least four level 3 units and other entry requirements for the Economics specialisation (https://www.monash.edu/study/courses/find-a-course/2021/commerce-b3701)

Courses that offer it

Learning outcomes

In addition to achieving the broad outcomes of your course, and successfully completing this area of study, you will be able to:
  1. 1

    Have an in-depth knowledge of economic theories, analytical tools, and modelling techniques to a range of contexts

Common questions

Which courses offer Economics?

3 courses in 2023: Bachelor of Arts, Bachelor of Commerce and Diploma of Higher Education.

What units are in Economics?

It lists 31 units, including ECC1000, ECC1100, ECC2000, ECC2010, ECC2450, ECC2460, ECC2511 and ECC2551. The structure above shows which are required and which you choose.

Major details

Type
Major
Study level
Undergraduate
Credit points
48
Faculty
Faculty of Business and Economics
Handbook years
2023202420252026