Program Requirements
Students must satisfactorily achieve a minimum pass grade in 48 units of credit to qualify for the Master of Economics.
Degree Requirements
The program is 48 units consisting of eight semester-length courses including three compulsory courses (18 units, List 1) and five elective courses (30 units, Lists 2 and 3). Of the five elective courses in the Master of Economics, at least three (18 units) must be from higher level electives (List 2), and a maximum of two (12 units) can be from lower level elective courses (List 3).
List 1 Core Courses (18 units)
- ECON8011 Microeconomic Theory
- ECON8022 Macroeconomic Theory
- EMET8002 Case Studies in Applied Economic Analysis and Econometrics
Notes
Students must satisfy the Convenor that they have completed coursework in econometrics at least at a level equivalent to EMET8005 Economic Models and Introductory Econometrics before approval will be given to undertake the course EMET8002 Case Studies in Economic Analysis and Econometrics. Students who do not meet this requirement must include EMET8005 in their choice of optional courses.
Elective Courses (30 units)
Elective courses are subject to prerequisites and are subject to change.
Students will not normally be permitted to count courses as electives that have been taken towards satisfying the requirements of an alternate degree program.
List 2 - Higher Level Elective Courses (Minimum 18 units)
ECON8001 Topics in Macroeconomics
ECON8059 Mathematical Economics
ECON8071 Modelling the Open Economy
ECON8010 The Economics of Taxation and Redistribution
ECON8002 Applied Welfare Economics
ECON8003 Economic Policy Issues
ECON8006 International Trade Theory
ECON8009 International Monetary Economics
ECON8021 Topics in Microeconomic Theory
ECON8050 Economics Growth
EMET8005 Economic Models and Introductory Econometrics
EMET8014 Advanced Econometric Models
EMET8001 Applied Micro-Econometrics
EMET8010 Applied Macro & Financal Econometrics
EMET8011 Econometric Modelling
EMET8012 Business and Economic Forecasting
ECON8018 Cost Benefit Analysis
List 3 - Lower Level Elective Courses (Maximum 12 units)
ECON8040 Resource and Environmental Economics
ECON8015 International Economics
ECON8039 Health Economics
FINM8010 Finance Theory
IDEC8084 Personnel Economics
ECON8038 Industrial Organisation
ECHI8011 Classic Works of Economic Theory
ECON8053 Game Theory
ECON8034 Public Sector Economics (G)
ECON8037 Financial Economics
ECON8041 Labour Economics and Industrial Relations
ECON8049 South East Asian Economic Policy and Development
ECON8013 Mathematical Techniques in Economics 1
ECON8014 Mathematical Techniques in Economics 2
ECON8047 Law and Economics
ECON8008 Japanese Economy and Economic Policy
ECON8070 Political Economy of Macroeconomic Policy
ECON8901 Advanced Topics in Poverty, Public Policy and Development
ECON8091 The Economy, Politics and the State
Notes
Courses in this list are available as electives only if not previously taken, and in some cases subject to prerequisites. Not all of these courses may be offered in any particular semester or year.
Working Rules
Working Rules for this program are available here
Fee Information
All students are required to pay the Services and amenities fee (SA Fee)
The annual indicative fee provides an estimate of the program tuition fees for international students and domestic students (where applicable). The annual indicative fee for a program is based on the standard full-time enrolment load of 48 units per year (unless the program duration is less than 48 units). Fees for courses vary by discipline meaning that the fees for a program can vary depending on the courses selected. Course fees are reviewed on an annual basis and typically will increase from year to year. The tuition fees payable are dependent on the year of commencement and the courses selected and are subject to increase during the period of study.
For further information on Fees and Payment please see: https://www.anu.edu.au/students/program-administration/fees-payments
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 ANU Master of Economics was developed over 30 years ago as one of Australia’s first coursework masters programs and has become established as a benchmark economics degree in Australia. Its graduates include some of Australia’s most influential economic policymakers and academics.
The program is designed for:
- Students seeking rigorous training in graduate economics and which will enable them to understand important recent developments in both theoretical and applied economics.
- Students working or planning to work as economists who will need to apply up-to-date economic analysis.
A two year option, which incorporates the Graduate Diploma in Economics is available for students who do not have a strong background in economics.
Enrolment for commencement in Semester 2 (July) is only approved by the Coordinator of the program after consideration of the candidate’s academic background because certain courses assume prerequisite knowledge from Semester 1 courses.
Progression to a PhD is possible depending on performance and at the discretion of the PhD Convenor.
Learning Outcomes
Students who successfully complete this degree will:
- have a rigorous training in graduate economics and will understand important recent developments in both theoretical and applied economics;
- be capable of undertaking 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;
- be capable of undertaking independent research in economic theory at the graduate level and provide economic intuition for the results;
- be able to proceed to PhD in Economics subject to grades achieved;
Commonwealth Supported Places
The ANU College of Business and Economics offers a limited number of Commonwealth Supported Places (CSP) for Australian students in graduate programs. For further information, please read the general information.
Admission Requirements
A Bachelor degree and completion of the ANU Honours (4 year program) in Economics at first class or upper second class level, or equivalent qualifications from an Australian institution. Students completing degree studies outside Australia will need to meet an equivalent standard. Due to variations in grading scales the specific requirements vary between countries.
Students completing the ANU Graduate Diploma in Economics at 70% or greater are also eligible.
Students are also required to have a background in mathematical economics equivalent to ANU Optimisation Techniques for Economists.
International applicants are strongly encouraged to submit official GRE results (www.ets.org.gre). Positive results in the components "Quantitative Reasoning" and "Analytical Writing" may help to mitigate the standard problem of asymmetric information. Applicants to the Masters of Economics might also want to take the GRE Subject Test in Mathematics.
The ANU College of Business and Economics offers a free preparatory course entitled Mathematical Techniques for Advanced Economic Analysis. While not compulsory, it assists students going into the Master of Economics to prepare for their advanced level studies. The course provides students with an introduction to mathematical techniques and their applications to economics that are widely encountered in courses offered at the advanced level.
Mathematical Techniques for Advanced Economic Analysis is comprised of 5 weeks of intensive instruction, commencing in January each year. Further information will be made available on the Research School of Economics’ website in November each year: http://rse.anu.edu.au/courselist/course_list.php. International students should note that they may not be able to attend the course due to visa requirements.
Career Options
ANU ranks among the world's very finest universities. Our nearly 100,000 alumni include political, business, government, and academic leaders around the world.
We have graduated remarkable people from every part of our continent, our region and all walks of life.
Further Information
You will not be able to apply for this program from Spring Session 2014 as this program will no longer be available in 2015.Academic Advice
If after reading through these guidelines you are unsure about your which courses to enrol in, you can come to an academic advice session at Melville Hall during Orientation week.
If you are seeking status (credit) from previous study at another university you will need to come to an academic advice session at Melville Hall during Orientation week, and we will help you choose the correct courses for your first year.
Do you want to talk to someone before enrolling?
Contact info.cbe@anu.edu.au