Skip to content | Change text size
Handbooks Courses Units
 
Monash University

Master of Business Economics

Course code: 3842 ~ Course abbreviation: MBusEc ~ Total credit points required: 72 ~ 1.5 years full-time, 3 years part-time ~ Managing faculty: Business and Economics

Study mode and course location

On-campus (Caulfield)

Course description

The Master of Business Economics offers a fully accredited course designed to enhance the professional development and skills required for analysing and assessing the economic impact of policies and regulations on private and government enterprise, and to equip students with the ability for strategic business decision-making in a wide range of industries, domestic and internationally.

Course objectives

The learning goals associated with this course are to: provide a rigorous and theoretical grounding in the discipline of economics and its application to government and business decision-making; develop an extended knowledge in the general area of economic analysis in the global economy with particular attention to business strategy, project evaluation, pricing and risk, economic policy, regulation and competition policy; develop analytical and technical skills to assist in problem-solving in the work-place; develop communication and interpersonal skills with special attention to the needs of business and government agencies.

Course structure

Course requirements

Applied Stream

(a) Students must complete six compulsory units (36 points) as follows:

  • ECF5010 Applied economics issues research paper
  • ECF5200 Game theory and business strategy
  • ECF5300 Special research topics in applied economics
  • ECX5410 Applied microeconomics
  • ECX5420 Applied macroeconomics

plus one quantitative unit approved by the course coordinator

(b) students must complete six elective units (36 points) from 9000-level or 5000-level units subject to the following conditions:

  • a maximum of four electives may be selected from other departments of the Faculty of Business and Economics
  • a maximum of four electives may be selected from other faculties

Relevant economics units that can be chosen as electives are:

  • ECF5040 Industry economics
  • ECF5050 Economics of innovation and high technology
  • ECX5000 Reading unit
  • ECX5470 Restrictive trade practices
  • ECX5475 Hedging and uncertainty
  • ECX5479 Cost-benefit analysis
  • ECX5484 Economics of industry, institution and organisation

Analytical Stream

(a) Students must complete six compulsory units (36 points) as follows:

plus one unit from the following:

plus one quantitative unit approved by the course coordinator

(b) students must complete a further six elective units (36 points) from 9000-level or 5000-level units subject to the following conditions:

  • a maximum of four electives may be selected from other departments of the Faculty of Business and Economics
  • a maximum of four electives may be selected from other faculties

Relevant economics units that can be chosen as electives are:

  • ECC5650 Microeconomic theory
  • ECC5660 Macroeconomic theory
  • ECC5690 Theories in international and development economics
  • ECC5730 Applied advanced general equilibrium theory
  • ECC5750 Financial economics
  • ECC5810 Public economics
  • ECC5840 Information, incentives and games

It is recommended that students consult with the course coordinator to ensure their elective units form a coherent study program.

Exit points

Students can exit early from this degree under the following conditions:

  • completion of four units - Graduate Certificate in Business
  • completion of eight units - Postgraduate Diploma in Economics and Commerce

Contact details

Graduate School of Business: telephone +61 3 9903 1400; email: gsb@buseco.monash.edu.au

Course coordinator

Dr George Rivers