Overview

Economics is the science of decision-making. Explore the principles our economy is built on, and how they impact the way we spend, save, work and live. Learn to use data to make better business decisions, study the impact of individual economic choices, and build in-depth understanding of the way local, national and global economies function. You’ll further focus your studies by choosing one stream: 

Business analytics for economics - Develop data-driven solutions for improving business practices and society at large.

Economics and economic policy - Analyse individual and collective decision-making arising in the social, political and economic domains.

Macroeconomics and financial markets - Understand interlinkages between the aggregate features of an economy.

Mathematical economics and econometrics - Formulate economic theories in a mathematical form that can be used to formulate theoretical predictions.

Prerequisites

Year 12 prerequisites

Units 3 and 4: a study score of at least 27 in English as an Additional Language (EAL) or at least 25 in English other than EAL; Units 3 and 4: a study score of at least 25 in one of Maths: Mathematical Methods or Maths: Specialist Mathematics.

Non-Year 12 prerequisites

As for Year 12 (or Year 12 equivalent).

Majors

Business analytics for economics, Economics, Economics and Economic Policy, Macroeconomics and financial markets, Mathematical Economics and Econometrics.

Potential Career Outcomes

The type of careers this qualification leads to may include economics and/or econometric careers.

ATAR & Selection Rank

The table below shows the ATAR and Selection Rank information for those offered places wholly or partly on the basis of ATAR in 2023.

ATAR-based offers only, across all offer rounds
ATAR
(excluding adjustment factors)
Selection Rank
(including adjustment factors)
Highest rank to receive an offer98.1599.95
Median rank to receive an offer86.2086.60
Lowest rank to receive an offer85.1585.15

<5 - Less than 5 ATAR-based offers were made

Admission Criteria

Please refer to the Monash University website for admission criteria information.

Course Seeker

This information is sourced from Course Seeker, a joint initiative between the Australian Government and the Tertiary Admission Centres. View more information on Course Seeker.


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