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 Macroeconomics
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 |
Admission Requirements
A Bachelor degree or international equivalent with a minimum GPA of 5.0/7.0
Students must achieve a minimum 70% weighted average mark in the first 48 units of courses attempted in order to remain enrolled in the Master of Economics. 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.
English Language Requirements
All applicants must meet the University’s English Language Admission Requirements for Students.
Assessment of Qualifications
Unless otherwise indicated, ANU will accept all Australian Qualifications Framework (AQF) qualifications or international equivalents that meet or exceed the published admission requirements of our programs, provided all other admission requirements are also met. Where an applicant has more than one completed tertiary qualification, ANU will base assessment on the qualification that best meets the admission requirements for the program. Find out more about the Australian Qualifications Framework: www.aqf.edu.au
ANU uses a 7-point Grade Point Average (GPA) scale. All qualifications submitted for admission at ANU will be converted to this common scale, which will determine if an applicant meets our published admission requirements. Find out more about how a 7-point GPA is calculated for Australian universities: www.uac.edu.au/future-applicants/admission-criteria/tertiary-qualifications
Unless otherwise indicated, where an applicant has more than one completed tertiary qualification, ANU will calculate the GPA for each qualification separately. ANU will base assessment on the best GPA of all completed tertiary qualifications of the same level or higher.
Indicative fees
- 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
For further information on International Tuition Fees see: https://www.anu.edu.au/students/program-administration/fees-payments/international-tuition-fees
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.
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:
- undertake formal economic analysis and empirically test solutions to economic problems;
- possess the technical skills needed to access the academic literature in most fields of study in economics;
- to assimilate the significant content of recent developments in both theoretical and applied economics;
- 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.
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/
About this degree
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.
Enrolment Status
It is possible to enrol in less than 24 units per semester but it will take you longer to finish your program and get your degree. If you are an international student you must always be enrolled full-time in 24 units each semester.
You are encouraged to enrol in courses for both First Semester and Second Semester. You will be able to change your enrolment in courses up until Monday of week 2 of each semester without penalty.
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 |
Do you want to talk to someone before enrolling?
Contact info.cbe@anu.edu.au