Master of Economics
|Credit Points Required||72|
The Master of Economics provides advanced training in theoretical and applied aspects of modern economics, econometrics and financial economics. It is one of the largest programs of its type in Australia and a leading supplier of graduates to both the private and public sectors. In addition, this coursework program provides students with the necessary foundations in economics and econometrics to proceed to a PhD within Australia or abroad. There are two intakes per year for the Master of Economics, with classes commencing in March and July. Every effort is made to make this program accessible to part-time students.
Please Note: Students who commenced their degree prior to 2011 should refer to the course structure, available major subject areas and resolutions in the faculty handbook for the year they commenced. Archived downloadable faculty handbooks can be accessed on the Handbooks website.
To be awarded the Master of Economics, students must successfully complete a total of 12 units of study (72 credit points), comprising:
- three foundational units of study (18 credit points)
- four core units of study (24 credit points)
- a specialisation, consisting of at least three units of study (18 credit points), from the subject areas of economics, econometrics and financial economics
- an optional second specialisation (three units of study or 18 credit points) or elective units of study selected from the specialisation subject areas.
Foundational units of study
- ECMT5001 Principles of Econometrics
- ECON5001 Microeconomic Theory
- ECON5002 Macroeconomic Theory
Please Note: Foundational units cannot be counted towards specialisation credit point requirements.
Core units of study
Core units of study must be completed for this degree.
- ECMT6002 Econometric Applications
- ECON6001 Microeconomic Analysis 1
- ECON6002 Macroeconomic Analysis 1
- ECON6003 Mathematical Methods of Economic Analysis
Please Note: The core units of study may be counted towards majors, please refer to the particular major for further details of units of study available under these subject areas.
For details of these units of study, please refer to the University's Online unit of study handbook.
Specialisation subject areas
Students complete their specialisation and electives from the following subject areas.
The following table shows an example degree progression for students enrolled in the Master of Economics on a full-time basis completing four units of study per semester beginning in Semester 1 of a year.
|Year / Semester||Unit of study 1||Unit of study 2||Unit of study 3||Unit of study 4||Total credit points|
|Principles of Econometrics||Microeconomic Theory||Macroeconomic Theory||Capital Markets and Corporate Finance
|Microeconomic Analysis 1||Macroeconomic Analysis 1||Mathematical Methods of Economic Analysis||major
Please Note: The information listed in this program of study example is meant as a guide only. Students should always check the requirements for individual units of study. Students are usually able to complete the units of study for their degree in different sequences to that listed above. You are advised to plan their degree based upon your individual needs and to contact the Faculty Office if you need any assistance in planning your progression in your degree.
Degree progression examples
Please click on the links below to download some of the common specialisation/unit of study combinations for the Master of Economics.
Please Note: The information listed in these program of study examples are meant as a guide only. Students should always check the requirements for individual units of study and majors.. Students are advised to plan their degree based upon their individual needs and to contact the Student Services Office if they need any assistance in planning their progression in their degree.
- Master of Economics with specialisations in Economics and Econometrics
- Master of Economics with specialisations in Economics and Financial Economics
- Master of Economics with specialisations in Econometrics and Financial Economics
For entry into this degree, students must have completed a bachelor's degree, graduate diploma, graduate certificate or equivalent from a recognised tertiary institution with a minimum credit (65 per cent) average.
For details of the English language requirements for entry into this course, please refer to: 'English Language Requirements for International Students' under the Admissions information on the University's website.
Minimum duration of degree
|1.5 year||3 years|
Master of Economics (Honours)
The Master of Economics (Honours) will not be available for students commencing from 2010
Students who commenced their Master of Economics degree prior to 2010 are able to follow the requirements for the Master of Economics (Honours) outlined in the faculty handbook for the year the commenced their pass degree. Archived downloadable faculty handbooks can be accessed on the Handbooks website.