single degree

Master of Economics

A single two year graduate degree offered by the ANU College of Business and Economics

MEC
  • Length 2 year full-time
  • Minimum 96 Units
First year student? There’s more information about enrolling in your degree.
  • Field of Education
    • Economics and Econometrics
  • Length 2 year full-time
  • Minimum 96 Units
First year student? There’s more information about enrolling in your degree.
  • Field of Education
    • Economics and Econometrics

The Master of Economics reputation for rigorous training in graduate economics - underlined by its research-active pedagogy - attracts outstanding students to the University. In particular influential economic policymakers in prominent organisations of national executive government (especially PM&C and Treasury) have found the MEc’s focus on national policy issues very rewarding. The degree's accommodation of a focus on Australia's place in the region (through coursework choices and research) is worth stressing.

Career Options

Graduates from ANU have been rated as Australia's most employable graduates and among the most sought after by employers worldwide.

The latest Global Employability University Ranking, published by the Times Higher Education, rated ANU as Australia's top university for getting a job for the fourth year in a row.

Learning Outcomes

Upon successful completion, students will have the skills and knowledge to:

  1. undertake formal economic analysis and empirically test solutions to economic problems;
  2. possess the technical skills needed to access the academic literature in most fields of study in economics;
  3. to assimilate the significant content of recent developments in both theoretical and applied economics;
  4. undertake independent research in economic theory at the graduate level and provide economic intuition for the results

Further Information

This program will be available for S1 and S2 intake.

Students who do not meet the 70% progression requirement in the Master of Economics may transfer to the Master of Economic Policy.

Please be aware that the Study Option of the second year is different for students commencing in S2, as EMET8002 is offered only in S2.

EMET8008 Econometric Theory is counted as an elective course towards the program.

Please note: Postgraduate students in the Research School of Economics are ineligible to undertake CBEA6070  ANU College of Business and Economics Internship Project (PG).

It is highly recommended that students take Maths summer course offered by the Research School of Economics upon completion of EMET7001. Further information about this course is available here: https://www.rse.anu.edu.au/students/students/maths-summer-course/

Admission Requirements

A Bachelor degree or international equivalent with a minimum GPA of 5/7.

Students must achieve a minimum 70% weighted average mark in the following courses to continue to the concluding component:

  • ECON8013 Mathematical Techniques in Economics I
  • ECON8025 Diploma Microeconomics
  • ECON8026 Diploma Macroeconomics
  • EMET8005 Economic Models and Introductory Econometrics

Students who do not achieve a minimum 70% weighted average mark will be transferred to the Master of Economic Policy or the Graduate Diploma of Economics.

All applicants must meet the University’s English Language Admission Requirements for Students

Annual indicative fee for domestic students
$33,888.00

For more information see: http://www.anu.edu.au/students/program-administration/costs-fees

Annual indicative fee for international students
$45,168.00

Scholarships

ANU offers a wide range of scholarships to students to assist with the cost of their studies.

Eligibility to apply for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are.  Specific scholarship application process information is included in the relevant scholarship listing.

For further information see the Scholarships website.

Program Requirements

The Master of Economics requires the completion of 96 units, which must consist of:

48 units from completion of the following initial component:

 

48 units from completion of the following compulsory courses

 

ECON7073 Microeconomic Principles for Economic Policy

ECON7074 Macroeconomic Principles for Economic Policy

EMET7001 Introduction to Analysis of Economic Models and Data

STAT7055 Introductory Statistics for Business and Finance

ECON8025 Diploma Microeconomics

ECON8026 Diploma Macroeconomics

ECON8013 Mathematical Techniques in Economics I

EMET8005 Economic Models and Introductory Econometrics

 

48 units from completion of the following concluding component:

 

18 units from completion of the following compulsory courses:

ECON8011 Microeconomic Theory A

ECON8022 Macroeconomic Theory (Master)

EMET8002 Case Studies in Applied Econometrics

 

A minimum of 18 units from completion of courses from the following electives:

ECON8001 Topics in Economic Dynamics

ECON8002 Applied Welfare Economics

ECON8003 Economic Policy Issues

ECON8006 International Trade Theory

ECON8009 International Monetary Economics

ECON8010 The Economics of Taxation and Redistribution

ECON8018 Cost-Benefit Analysis

ECON8021 Topics in Microeconomic Theory

ECON8050 Economic Growth

EMET8001 Applied micro-econometrics

EMET8010 Applied Macro and Financial Econometrics

EMET8012 Business and Economic Forecasting

EMET8014 Fundamentals of Econometric Methods

 

A maximum of 12 units from completion of courses from the following electives:

 

ECON8901 Advanced Topics in Poverty, Public Policy and Development

ECHI8011 Classic Works of Economic Theory

ECON8008 Japanese Economy and Economic Policy

ECON8013 Mathematical Techniques in Economics I

ECON8014 Mathematical Techniques in Economics II

ECON8015 International Economics

ECON8034 Public Sector Economics

ECON8037 Financial Economics

ECON8038 Industrial Organisation

ECON8039 Health Economics

ECON8040 Resource & Environmental Economics

ECON8041 Labour Economics and Industrial Relations

ECON8047 Law and Economics

ECON8049 Southeast Asian Economic Policy and Development

ECON8053 Game Theory

ECON8070 Political Economy of Macroeconomic Policy

ECON8091 The Economy, Politics and the State

 

Students must achieve a minimum 70% weighted average mark in the following courses to continue to the concluding component:

 

ECON8013 Mathematical Techniques in Economics I

ECON8025 Diploma Microeconomics

ECON8026 Diploma Macroeconomics

EMET8005 Economic Models and Introductory Econometrics

 

Students who do not achieve a minimum 70% weighted average markwill be transferred to the Master of Economic Policy or the Graduate Diploma of Economics.

Study Options

Year 1 48 units ECON7073 Microeconomic Principles for Economic Policy 6 units ECON7074 Macroeconomic Principles for Economic Policy 6 units EMET7001 Introduction to Economic Models 6 units STAT7055 Introductory Statistics for Business and Finance 6 units
ECON8025 Diploma Microeconomics 6 units ECON8026 Diploma Macroeconomics 6 units EMET8005 Economic Models and Introductory Econometrics 6 units ECON8013 Mathematical Techniques in Economics I 6 units
Year 2 48 units ECON8011 Microeconomic Theory 6 units ECON8022 Macroeconomic Theory (Master) 6 units Elective from the restricted list Elective from the restricted list
EMET8002 Case Studies in Applied Economic Analysis and Econometrics 6 units Elective from the restricted list Elective from the restricted list Elective from the restricted list

Back to the Master of Economics page

The Master of Economics reputation for rigorous training in graduate economics - underlined by its research-active pedagogy -  attracts outstanding students to the University. In particular influential economic policymakers in prominent organisations of national executive government (especially PM&C and Treasury) have found the MEc’s focus on national policy issues very rewarding. The degree's accommodation of a focus on Australia's place in the region (through coursework choices and research) is worth stressing.

About this degree

The Master of Economics requires the completion of 96 units, which must consist of:

48 units from completion of the following compulsory courses

  • ECON8013 Mathematical Techniques in Economics I
  • ECON7073 Microeconomic Principles for Economic Policy
  • ECON7074 Macroeconomic Principles for Economic Policy
  • ECON8025 Diploma Microeconomics
  • ECON8026 Diploma Macroeconomics
  • EMET7001 Introduction to Analysis of Economic Models and Data
  • EMET8005 Economic Models and Introductory Econometrics
  • STAT7055 Introductory Statistics for Business and Finance

  48 units from completion of the following concluding component:

 18 units from completion of the following compulsory courses:

  •  ECON8011 Microeconomic Theory A
  •  ECON8022 Macroeconomic Theory (Master)
  •  EMET8002 Case Studies in Applied Econometrics

 

 A minimum of 18 units from completion of courses from the following electives:

 ECON8001 Topics in Economic Dynamics

 ECON8002 Applied Welfare Economics

 ECON8003 Economic Policy Issues

 ECON8006 International Trade Theory

 ECON8009 International Monetary Economics

 ECON8010 The Economics of Taxation and Redistribution

 ECON8018 Cost-Benefit Analysis

 ECON8021 Topics in Microeconomic Theory

 ECON8050 Economic Growth

 EMET8001 Applied micro-econometrics

 EMET8010 Applied Macro and Financial Econometrics

 EMET8012 Business and Economic Forecasting

 EMET8014 Fundamentals of Econometric Methods

 

 A maximum of 12 units from completion of courses from the following electives:

 ECON8901 Advanced Topics in Poverty, Public Policy and Development

 ECHI8011 Classic Works of Economic Theory

 ECON8008 Japanese Economy and Economic Policy

 ECON8013 Mathematical Techniques in Economics I

 ECON8014 Mathematical Techniques in Economics II

 ECON8015 International Economics

 ECON8034 Public Sector Economics

 ECON8037 Financial Economics

 ECON8038 Industrial Organisation

 ECON8039 Health Economics

 ECON8040 Resource & Environmental Economics

 ECON8041 Labour Economics and Industrial Relations

 ECON8047 Law and Economics

 ECON8049 Southeast Asian Economic Policy and Development

 ECON8053 Game Theory

 ECON8070 Political Economy of Macroeconomic Policy

 ECON8091 The Economy, Politics and the State

 

 Students must achieve a minimum 70% weighted average mark in the following courses to continue to the concluding component:

 ECON8013 Mathematical Techniques in Economics I

 ECON8025 Diploma Microeconomics

 ECON8026 Diploma Macroeconomics

 EMET8005 Economic Models and Introductory Econometrics


Enrolment Status

While it is possible for domestic students to enrol in fewer courses per semester, ie. undertake part-time study, it will take you longer to complete your program. International students must undertake full-time study.

You must complete the foundation level courses (ECON7073, ECON7074, EMET7001 and STAT7055) before progressing to the higher level courses (ECON8025, ECON8026, ECON8013 and EMET8005). 

Please be aware that ECON6015 is not offered in 2017. It is replaced by ECON8013 for this year.

2017 Study Plans





Study Options

Master of Economics

The following is a typical full-time study plan for those who have no exemptions/credit.

Study Options

Year 1 48 units ECON7073 Microeconomic Principles for Economic Policy 6 units ECON7074 Macroeconomic Principles for Economic Policy 6 units STAT7055 Introductory Statistics for Business and Finance 6 units EMET7001 Introduction to Economic Models 6 units
ECON8025 Diploma Microeconomics 6 units ECON8026 Diploma Macroeconomics 6 units ECON8013 Mathematical Techniques in Economics I 6 units EMET8005 Economic Models and Introductory Econometrics 6 units

Academic Advice

If after reading through these guidelines you are unsure about your which courses to enrol in, you can seek academic advice during Orientation week or contact your program convenor, Dr. Jose Rodrigues Neto.

Please refer to the CBE Fast Track page:
https://www.cbe.anu.edu.au/fasttrack 




Do you want to talk to someone before enrolling?

Contact info.cbe@anu.edu.au

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