Monash University

Undergraduate - Area of study

Students who commenced study in 2013 should refer to this area of study entry for direction on the requirments; to check which units are currently available for enrolment, refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your area of study.

print version

This area of study entry applies to students commencing this course in 2013 and should be read in conjunction with the relevant course entry in the Handbook. Any units listed for this area of study relate only to the 'Requirements' outlined in the Faculty of Business and Economics component of any bachelors double degrees.

Managing facultyFaculty of Business and Economics


  • Unit codes that are not linked to their entry in the Handbook are not available for study in the current year.


Quantitative economics is an interdisciplinary area of study that combines economics with business statistics and econometrics. Quantitative analysis is an increasingly important aspect of contemporary business practice. On completion of the major graduates will be able to apply principles of economics and statistical methods to decision making in the areas of business and public economic policy.


All students complete the requirements as outlined below in the degree in which they are enrolled.

Bachelor of Business

To complete the quantitative economics major in the Bachelor of Business students must complete:

The following eight units:

  • ETX1100 Business statistics
  • ECF1200 Macroeconomics
  • ECF2331 Macroeconomic and monetary policy
  • ECF2931 Managerial economics
  • ECF3921 Economics of international trade
  • ECF3930 Business, competition and regulation
  • ETF2100 Introductory econometrics
  • ETF3201 Quantitative economic analysis

Bachelor of Business and Commerce

To complete the quantitative economics major in the Bachelor of Business and Commerce, students must complete:

(a.) The following six units (36 points):

  • ECW1102 Introductory macroeconomics
  • ECW2730 Macroeconomic policy
  • ECW2731 Managerial economics
  • ETW2111 Business data modelling
  • ETW3200 Quantitative business analysis
  • ETW3232 Forecasting for business

(b.) two units from the following list (12 points):

  • ECW2141 Labour economics
  • ECW2600 Tourism economics
  • ECW3121 Economics of international trade and finance
  • ECW3143 Economics of money and banking
  • ECW3146 Regional development and policy
  • ECW3830 Competition and regulation
  • ECX2123 Economics of innovation and high technology

Contact details

Relevant courses

  • 3806 Bachelor of Business
  • 2224 Bachelor of Business and Commerce
  • 3831 Bachelor of Business and Commerce and Bachelor of Information Technology and Systems