I agree with Coolboy, that's the better build all around. The APU is nice. I'm forgetting how far AMD is coming with them...
Anyway, of those components, the only thing I'd do is maybe get a better monitor. A lot of these monitors look strange, have weird sharpness and contrast, etc. I'm just saying that from experience with cheap monitors in my college. They're fine when using them for a few hours, but if you use 'em all day, it might bother your eyes. Though given the size, it may not be a bad price and may perform well. I'm not familiar with the monitor you chose. I had went with this one, and it's been fantastic. Great for the money overall...
http://www.amazon.com/dp/B005BZNDOO/ref=twister_B00HV850KE?_encoding=UTF8&psc=1
Also, I don't like Seagate HDD's, and I'd recommend a WD Blue, but I don't think it'll matter overall.
http://www.amazon.com/Blue-SATA-7200rpm-Internal-Drive/dp/B0088PUEPK/ref=sr_1_1?s=electronics&ie=UTF8&qid=1425781200&sr=1-1&keywords=wd+blue+1tb
But yeah, you stayed within a good budget for an overall good build. Good luck!!