This area of study entry applies to students commencing this course in 2018 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 of any bachelors double degrees.
Unit codes that are not linked to their entry in the Handbook are not available for study in the current year.
Economics provides an advanced knowledge of the theories explaining and analysing the production, distribution, and consumption of goods and services and focuses on how individuals, households, firms and governments interact and how economies work. Microeconomics examines the behaviour of buyers and sellers in the economy, while macroeconomics analyses the entire economy and issues affecting it, including unemployment, inflation, economic growth, and monetary and fiscal policy.
Economics is offered in the Bachelor of Business Science at Monash South Africa as a major.
In addition to achieving the broad outcomes of their course broadly, students successfully completing this major will be able to:
No more than 12 points at level 1 may be credited to a major and at least 18 points must be credited to the major at level 3.
To complete the accounting major in the Bachelor of Business Science degree, students must complete the following eight units (48 points):
Successful completion of this major can be counted towards meeting the requirements for the following single degrees:
Students in other single bachelor’s degrees may be eligible to complete the major by using 48 points of their free electives.