Master of Economics

Course Code	DC070
Course Type	Postgraduate
Credit Points Required	72
CRICOS code	053963K

Description

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.

Degree requirements

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.

Progression guide

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
Year 1 Semester 1	Principles of Econometrics	Microeconomic Theory	Macroeconomic Theory	Capital Markets and Corporate Finance or elective	24
Year 1 Semester 2	Econometric Applications	major or elective	major or elective	major or elective	24
Year 2 Semester 1	Microeconomic Analysis 1	Macroeconomic Analysis 1	Mathematical Methods of Economic Analysis	major or elective	24

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.

Entry requirements

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

Full-time	Part-time
1.5 year	3 years