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0024 - Honours degree of Bachelor of Economics

This course entry should be read in conjunction with information provided in the Faculty information section of this Handbook by the managing faculty for this course

Abbreviated titleBEc(Hons)
CRICOS Code030503F
Managing facultyBusiness and Economics
Study location and modeOn-campus (Clayton)
Total credit points required48
Duration (years)1 year FT, 2 years PT
Contact detailsTelephone +61 3 9905 2327; email: enquiries.clayton@buseco.monash.edu.au
Course coordinatorDr Ross Booth

Description

This program enables students to build on their undergraduate major and extend their knowledge and skills in one or more specialised areas. Some programs contain a mix of advanced theory, research training and research and some programs require students to complete successfully both coursework and a research project.

Entry requirements

Applicants must have completed a bachelor degree, with a major in the related discipline offered by the Faculty of Business and Economics or an equivalent qualification from another university; and normally have achieved an average equivalent to at least 70 per cent in relevant second and third-year units.

Econometrics specialisation

Applicants should normally have completed at least three third-year econometrics units including:

Other appropriate third-year units are:

  • ETC3450 Time series analysis for business and economics
  • ETC3460 Financial econometrics
  • ETC3500 Survey data analysis
  • ETC3510 Modelling in finance and insurance
  • ETC3490 Business simulation.

Economics specialisation

Applicants should have completed at least four third-year economics units.

Economics and econometrics specialisation

(a) Applicants should have completed at least two third-year economics units.

(b) Applicants should have completed at least two third-year econometrics units including:

Other appropriate third-year units are:

  • ETC3400 Principles of econometrics
  • ETC3450 Time series analysis for business and economics
  • ETC3460 Financial econometrics
  • ETC3500 Survey data analysis
  • ETC3510 Modelling in finance and insurance
  • ETC3490 Business simulation.

Management specialisation

Applicants should have completed at least three third-year units taught by the Department of Management.

Marketing specialisation

Applicants should have completed at least three third-year units taught by the Department of Marketing.

Structure

The course structure has two main components:

  • studies in research methods
  • honours units from the student's area of specialisation (economics, econometrics, economics/econometrics, management, marketing)
  • a research report.

Requirements

The degree requires completion of 48 points as follows:

Econometrics specialisation

(a.) One core unit (12 points):

(b.) at least three units (18 points) from the following list:

(c.) a further three honours units (18 points) subject to the following conditions:

  • a maximum of two special honours units from the Department of Econometrics and Business Statistics (that is, a unit for which the first two digits of the code are '43') provided the third-year-level version of the unit has not been taken in previous years. It is strongly recommended that ETC4340 (Principles of econometrics) be included if the student has not previously passed ETC3400
  • a maximum of three units from honours units offered by the Department of Economics or the School of Mathematical Sciences
  • a maximum of two units from honours units offered by other Departments in the Faculty or University.

Students must have their enrolment approved by the head, or nominee of the Department of Econometrics and Business Statistics.

Economics specialisation

(a.) Three compulsory units (24 points):

(b.) a maximum of four units (24 points) from the following list:

Students can vary this list subject to the following conditions:

  • a maximum of two honours units from the departments of accounting and finance, business law and taxation, or econometrics and business statistics. One of these units can be a special honours unit (that is, a unit for which the first two digits of the code are '43') provided the third-year level version of the unit has not been taken in previous years
  • a maximum of one special honours unit from the Department of Economics (that is, a unit for which the first two digits of the code are '43') provided the third-year level version of the unit has not been taken in previous years
  • a maximum of one honours unit from another faculty where it is complementary to the honours program offered by the Department of Economics.

Students must have their enrolment approved by the head, or nominee of the Department of Economics.

Economics and econometrics specialisation

(a.) One core unit (12 points):

(b.) three units (18 points) from the following list:

(c.) further three units (18 points) from the following list, subject to the condition that students complete a total of three ECC units and two ETC units in (b) or (c):

Students can vary this list subject to the following conditions:

  • a maximum of one special honours unit taught by the Department of Economics or the Department of Econometrics and Business Statistics (that is, a unit for which the first two digits of the code are '43') provided the third-year-level version of the unit has not been taken in previous years.

Students must have their enrolment approved by the heads, or nominees of the departments of Economics, and Econometrics and Business Statistics.

Management specialisation

Five compulsory units (48 points):

  • MGX4000 Introductory management research methods
  • MGX4100 Data analysis for organisational research
  • MGX4200 Perspectives and paradigms in management theory
  • MGX4300 Contemporary issues in management
  • MGX4400 Research thesis (24 points)

Students must have their enrolment approved by the head, or nominees of the Department of Management.

Marketing specialisation

Five compulsory units (48 points):

  • MKX4050 Marketing theory
  • MKX4060 Data marketing research practice
  • MKX4070 Qualitative methods: paradigms and approaches
  • MKX4080 Quantitative research methods in marketing
  • MKX4900 Independent research project (24 points)

Students must have their enrolment approved by the head, or nominees of the Department of Marketing.

Award(s) received on completion

The honours degree of Bachelor of Economics

 

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