single degree

Master of Environmental and Resource Economics

A single two year graduate degree offered by the ANU College of Asia and the Pacific

MEREC
  • Length 2 year full-time
  • Minimum 96 Units
  • Academic plan MEREC
  • CRICOS code 082295A
  • Length 2 year full-time
  • Minimum 96 Units
  • Academic plan MEREC
  • CRICOS code 082295A

Program Requirements

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

Completion of the following pre-sessional component:

Completion of CRWF7900 Graduate Academic and Research Skills for Public Policy
 
Either:
Completion of the following courses:

IDEC7901 Graduate Preparatory Microeconomics
IDEC7902 Graduate Preparatory Mathematical Methods

Or:
Completion of the following courses:

IDEC7903 Graduate Preparatory Macroeconomics
IDEC7904 Graduate Preparatory Econometrics

24 units from the following compulsory introductory courses

IDEC8002 Macroeconomic Analysis and Policy
IDEC8015 Mathematical Methods in Applied Economics
IDEC8016 Microeconomic Analysis and Policy
IDEC8017 Econometric Techniques

 

36 units from completion of the following compulsory courses:

IDEC8088 Cost-Benefit Analysis: Principles and Practice
IDEC8029 Issues in Applied Microeconomics
CRWF8000 Government, Markets and Global Change
IDEC8018 Agricultural Economics and Resource Policy
IDEC8053 Environmental Economics
IDEC8064 Masters Microeconomics

A minimum of 6 units from completion of a research project or skills course from the following list:

IDEC8011 Masters Research Essay
IDEC8023 Case Studies in Applied Econometrics
IDEC8026 Quantitative Policy Impact Evaluation

A minimum of 6 units from completion of an economics or econometrics course from the following list:

ECON8010 The Economics of Taxation and Redistribution
ECON8022 Macroeconomic Theory (Master)
ECON8038 Industrial Organisation
ECON8047 Law and Economics
ECON8050 Economic Growth
EMET8001 Applied micro-econometrics
EMET8010 Applied Macro and Financial Econometrics
EMET8012 Business and Economic Forecasting
EMET8014 Advanced Econometrics I
IDEC8003 Issues in Development Policy
IDEC8007 Aid and Development Policy
IDEC8008 Open Economy Macroeconomics, Finance, and Development
IDEC8009 Trade, Development and the Asia Pacific Economy
IDEC8010 Quantitative International Economics
IDEC8011 Masters Research Essay
IDEC8012 Monetary Policy and Central Banking in the Asia Pacific
IDEC8014 Quantitative Financial Economics
IDEC8017 Econometric Techniques
IDEC8020 Applied Economic Dynamics
IDEC8022 Economic Development
IDEC8025 Empirical Public Finance
IDEC8026 Quantitative Policy Impact Evaluation
IDEC8028 The Microeconomics of Development
IDEC8081 The Economics of Incentives and Institutions
IDEC8088 Cost-Benefit Analysis: Principles and Practice
IDEC8089 Energy Economics
IDEC8123 Topics in International and Development Economics



 

A minimum of 6 units from completion of a resource course from the following list:

EMDV8078 Introduction to Environmental and Resource Economics
IDEC8003 Issues in Development Policy
IDEC8030 Issues in Applied Macroeconomics

A minimum of 6 units from completion of an environmental course from the following list:

EMDV8007 Environmental Policy and Communications
EMDV8013 Issues in Development and Environment
EMDV8101 State, Society and Natural Resources
EMDV8108 Applied Environmental and Resource Management

A maximum of 12 units from completion of policy courses from the following list:

EMDV8001 Environmental Sustainability, Health and Development
EMDV8002 Methods for Environmental Decision-Making
EMDV8007 Environmental Policy and Communications
EMDV8012 Ecological Economics and Policy
EMDV8080 International Climate Change Policy and Economics
EMDV8081 Domestic Climate Change Policy and Economics
EMDV8082 Food Wars: Food Security and Agricultural Policy
EMDV8104 Environmental Governance
POGO8004 Poverty Reduction
POGO8015 Foreign Direct Investment Policy
POGO8048 Public Finance
POGO8057 Managing Government Finances
POGO8076 Corruption and Anti-corruption
POGO8210 Case Studies in Economic Policy
POGO8212 Energy Politics and Governance
POGO8220 Issues in Japanese Policy

A maximum of 6 units from the following courses:
ANIP6503 Australian National Internships Program Internship A (Graduate)
CRWF7000 Applied Policy Project
CRWF7001 Editor’s practicum: online public engagement, academic blogging digital disruption
CRWF8019 Public Policy and Professional Internship

 

Specialisations

Admission Requirements

A Bachelor degree or international equivalent with a minimum GPA of 5.0/7.0

Students must complete the pre-sessional component before continuing to the preliminary component. Students must achieve a minimum 50% weighted average mark in the initial component to continue to the concluding component. Students who do not achieve a minimum 50% weighted average mark in the initial component will be transferred to the Graduate Diploma of Public Policy.

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.

Applications for course credit

Applicants with a Bachelor Degree or Graduate Certificate in a cognate discipline may be eligible for up to 24 units (one semester) of credit. Applicants with a Graduate Diploma or Bachelor degree with Honours in a cognate discipline may be eligible for up to 48 units (one year) of credit. 

Annual indicative fee for domestic students
$34,560.00

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

Annual indicative fee for international students
$45,600.00

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.

This program provides the tools of economic analysis at an advanced level and applies them to policy issues with a focus on environmental and resource economics. Areas of specialisation covered in elective courses include: agricultural and resource economics, cost-benefit analysis, economic development, econometric methods, economic regulation, and environmental and natural resource policy. A common theme across these courses is the integration of environmental and resource decisions into the broader context of national and international economic policy. Graduates find ready employment with universities, national and international policy agencies, leading corporations and civil society organisations.

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. use advanced tools to analyse the economic effects of policy change and to formulate economic policies
  2. understand the issues in the coordination of policies in environmental and resource economics
  3. access the academic literature in applied economics and economic policy
  4. undertake independent research in applied economics and policy, especially in environmental and resource economics

Cognate disciplines

Applied Economics, Econometrics, Economic Policy, Economics, Engineering, Mathematics, Statistics

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