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About the course
Economics is the science of allocating scarce resources to achieve desired ends. It has evolved into a broad discipline that helps us understand historical trends, interpret current events, and make reasoned predictions about the future. Economists study the incentives that shape the decisions individuals, businesses and governments, and the organisation and functioning of societies. Modern economic analysis draws upon insights from other social sciences and technological advances in data analysis to develop creative solutions for local and global problems.
Career outcome
These course outcomes are aligned with the Australian Qualifications Framework level 7 and Monash Graduate Attributes.Upon successful completion of this course it is expected that students will be able to:1. be critical and creative scholars who produce innovative solutions to problemsapply research skills to business challengescommunicate effectively and perceptively 2. be responsible and effective global citizens who: engage in an internationalised worldexhibit cross-cultural competencedemonstrate ethical values 3.
Living Costs in Melbourne**
Restaurant (Meal, Inexpensive Restaurant) A$ 15 - 20 |
Rent per Month (1 bedroom in City Centre) A$ 1,583 - 2,094 |
Rent per Month (1 bedroom Outside of Centre) A$ 1,207 - 1,596 |
Transportation (Daily) A$ 7 - 9 |
Utilities per Month (Electricity, Mobile & Internet) A$ 240 - 318 |
Average Salary***
