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Monash University Handbook 2010 Undergraduate - Course

NOTE: This course has been updated - please refer to the Undergraduate handbook change register for details.

This course entry should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics

Managing facultyBusiness and Economics
Abbreviated titleBEc(Hons)
CRICOS code030503F
Total credit points required48
Standard duration of study (years)1 year FT, 2 years PT
Study mode and locationOn-campus (Clayton)
Contact details

http://www.buseco.monash.edu.au/about/campuses/index.html

Course coordinator

Dr 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.

Objectives

The Honours degree of Bachelor of Economics aims to produce graduates who will:

(a.) be critical and creative scholars who:

  • produce innovative solutions to problems
  • apply research skills to business challenges
  • communicate effectively and perceptively

(b.) be responsible and effective global citizens who:

  • engage in an internationalised world
  • exhibit cross cultural competence
  • demonstrate ethical values

(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities that we serve

(d.) be able to construct conceptual frameworks and use these to analyse complex issues in the corporate sector, government and the professions

(e.) have an ability to undertake research informed by advanced studies in their discipline.

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 ECC2000 and ECC2010 and at least four third-year economics units.  In addition, an econometrics pre-requisite is required: either ECC2410 (for students who began their studies in 2007 or after); or ETC1010 (or equivalent, for students who began their studies prior to 2007).

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

 

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.) up to three further units (18 points) subject to the following conditions:

  • a maximum of two third-year level units from the departments of Econometrics and Business Statistics, Economics, Accounting and Finance, or School of Mathematical Sciences (Faculty of Science). It is strongly recommended that ETC3400 (Principles of econometrics) be included, if the student has not previously passed this unit
  • 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 outside the faculty (apart from the School of Mathematical Sciences, from which three honours units can be taken).

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 units from the departments of Accounting and Finance, Business Law and Taxation, or Econometrics and Business Statistics. One of these units can be a third-year level unit
  • a maximum of one third-year level unit from the Department of Economics
  • 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.) up to three further 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 third-year level unit taught by the Department of Economics or the Department of Econometrics and Business Statistics.

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

 

Award(s)

The honours degree of Bachelor of Economics