Master of Economics (MEc)
| Course Code | FC050 |
| Course Type | Postgraduate |
| Credit Points Required | 72 |
| CRICOS code | 053963K |
Description
This degree no longer accepts new enrolments. The information listed below is for students who commenced their study in the degree prior to 2011.
New students who wish to study this degree should enrol in the new degree, DC070 Master of Economics, in the Faculty of Arts and Social Sciences.
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. The Master of Economics is offered jointly by the Disciplines of Economics, Operations Management and Econometrics, and Finance. 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: This degree is only available for continuing students who commenced their degree prior to 2011. Continuing students should also refer to the course structure, available major subject areas and resolutions in the 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 core foundational units of study (18 credit points)
- four core units of study (24 credit points)
- one area of specialisation (one major), 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 for majors and electives.
Foundational (core) units of study
- ECMT5001 Principles of Econometrics
- ECON5001 Microeconomic Theory
- ECON5002 Macroeconomic Theory
Please Note: Foundation (core) units cannot be counted towards majors.
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 maybe 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.
- Economics
- Econometrics
- Financial Economics
Details of the requirements for each of these majors/specialisations can be downloaded from the following link:
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 | ECMT5001 | ECON5001 | ECON5002 | FINC5001 | 24 |
Year 1 | ECMT6002 | major | major | major | 24 |
Year 2 | ECON6001 | ECON6002 | ECON6003 | major | 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 Student Information Office if you need any assistance in planning your progression in your degree.
Minimum duration of degree
| Full-time | Part-time |
|---|---|
| 1.5 years | 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.