A strong foundation in Economics is required to succeed in an academically demanding degree such as the new Master of Economics.
If your undergraduate degree includes a major in Economics you may be eligible for Recognition of Prior Learning (RPL) and able to complete the degree sooner. You would begin by studying the four core advanced units.
Students without sufficient prior training in Economics complete four foundation units before undertaking the core units. The foundation units will take you to an intermediate level in Microeconomics, Macroeconomics and Econometrics, and provide you with the communication and quantitative skills required to succeed in the remainder of the degree.
After completing the core units you can choose from a wide range or electives to tailor your degree to the specific needs of your current workplace or your future career.
To qualify for the Master of Economics you must complete 96 credit points, including:
- a minimum of 24 credit points of foundation units of study; and
- a minimum of 24 credit points of core units of study; and
- a maximum of 42 credit points of elective units of study; and
- at least one specialisation;
- a minimum of 6 credit points of capstone units of study.
Foundation Units (only for the 24 month MEc)
- ECON5001 Microeconomic Theory
- ECON5002 Macroeconomic Theory
- ECMT5001 Principles of Econometrics
- ECON5005 Quantitative Tools for Economics
Please note: Foundation units of study cannot be counted towards specialisations.
Core Units (for both the 24 month and the 18 month MEc)
- ECON6001 Microeconomic Analysis 1
- ECON6002 Macroeconomic Analysis 1
- ECMT6002 Econometric Applications
- ECON5004 Communication in Economics
Specialisation and elective subject areas
Students complete their specialisation and electives from the following subject areas.
- Financial Economics
Students complete the capstone unit ECON7030 Economics Research Project during their final semester.