Monash University

Postgraduate - Course

Students who commenced study in 2013 should refer to this course entry for direction on the requirements; 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 course.

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This course entry applies to students commencing this course in 2013 and 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 titleMBusEc
CRICOS code060357G
Total credit points required72
Standard duration of study (years)1.5 years FT, 3 years PT
Study mode and locationOn-campus (Caulfield)
Admission, fee and application details
Contact details

Graduate Student Office

Telephone: +61 3 9903 1400

Fax: +61 3 9903 1357


Course coordinator

Associate Professor He-Ling Shi


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


This course is 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.


These course outcomes are aligned with the Australian Qualifications Framework level 9, the Bologna Cycle 2 and Monash Graduate Attributes. For more information refer to

Upon successful completion of this course it is expected that graduates 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 we serve

(d.) have advanced knowledge to master's level in economics for business


The course has two main components:

  • a set of core units in economics:
  • six open electives.


Students must complete:

(a.) 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
  • one quantitative unit approved by the course coordinator

(b.) a further six graduate-level units (36 points) 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

Available units can be identified via the index of units by faculty at or by browsing units at

Recommended elective units

  • ECF5040 Industry economics
  • ECX5470 Competition, regulation and policy
  • ECX5475 Financial economics
  • ECX5479 Project evaluation
  • ECX5484 Industrial organisation

Alternative exit(s)

Students wishing to exit the Master of Business Economics early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:

  • 1679 Graduate Certificate in Business after successful completion of 24 points of study
  • 3848 Graduate Diploma in Business after successful completion of 48 points of study


Master of Business Economics