Economics, Econometrics

For course specific information (i.e. duration, campus, fees and applications) visit the Monash Coursefinder links provided
For general information about Economics and Econometrics programs (i.e. units, career opportunities, Academic profiles, news and upcoming seminars) visit the Department of Economics or the Department of Econometrics and Business Statistics website

Master of Business Economics

Economics is one of the foundation departments of Monash University. The Department provides top level specialist advice to government and private sector bodies in Australia and internationally. It has developed advisory contacts in the Asia-Pacific Region, as well as close connections with prestigious academic and policy formulating institutions in China, Europe and the United States.

The Master of Business Economics 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 enterprises. The course will equip students with the analytical tools for decision making in a wide range of domestic and international private business and public agency environments.

Master of Applied Econometrics

In the new information economy, professionals are confronted with masses of data. They are expected to apply econometric methods to analyse this data and provide evidence to management for informed decision making. The applied econometrics programs are designed to develop expertise in this area, by providing quantitative skills to carry out regression analysis, forecasting, financial market analysis and survey data analysis.

The Master of Applied Econometrics by coursework with minor thesis or research project is a unique and academically challenging program. It also offers the option of specialising in the disciplines of Business law and taxation, Economics, Finance, International business and Marketing.

Graduate Diploma in Economic Studies

This course is aimed at graduates of disciplines other than economics and commerce, graduates who have taken only the equivalent of first-year economics or economics/commerce graduates of more than ten years’ standing. Specialisations in economics and econometrics are available. Students who achieve a high standard will be able to progress to further graduate work.

Graduate Diploma in Applied Econometrics

The Graduate Diploma in Applied Econometrics provides students with the skills essential for conducting applied econometric projects and the ability to communicate the results to a wide audience. Students who successfully complete the Graduate Diploma in Applied Econometrics with an average grade of credit or above may apply for admission to a range of masters programs offered by the faculty.

Graduate Diploma in Health Economics and Policy

The Graduate Diploma in Health Economics and Policy is an eight-unit program developed to meet the needs of health professionals, clinicians and policy makers for postgraduate qualifications in health economics. No previous background in economics is required. The program has been structured in such a way that prospective students are able to specialise in applied health economics, economic evaluation, health economics from an international perspective or the economics of health policy.

Graduate Certificate in Health Economics

The Graduate Certificate in Health Economics is a four-unit program designed to provide a basic all-round introduction to health economics, including knowledge and skills in the principles of health economics and their application to health care policy.

Graduate Certificate in Pharmacoeconomics

The Graduate Certificate in Pharmacoeconomics is a four-unit course designed to provide an understanding of the economics of pharmaceuticals in health care systems. Students gain the skills necessary to apply economic analysis to the evaluation of products and the broad policy issues affecting the pharmaceutical industry.

Postgraduate Diploma in Health Economics and Evaluation

The Postgraduate Diploma in Health Economics and Evaluation is designed to provide economists with the skills to pursue a career as a health economist. It introduces the concepts of epidemiology, bioethics and decision analysis; and skills in research methods. Potential students must have a basic degree in economics.

Postgraduate Diploma in Economics and Commerce

The Postgraduate Diploma in Economics and Commerce is designed for students who wish to undertake a higher degree by research but do not have the research background to meet the admission requirements. Students develop the skills needed to plan and undertake rigorous research, and the ability to effectively communicate research findings.