Program Requirements

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

48 units from completion of the following compulsory courses

ECON7073 Microeconomic Analysis

ECON7074 Macroeconomic Analysis

EMET7001 Mathematical Techniques for Economic Analysis

STAT7055 Introductory Statistics for Business and Finance

ECON8025 Advanced Microeconomic Analysis

ECON8026 Advanced Macroeconomic Analysis

ECON8013 Optimisation for Economics and Financial Economics

EMET8005 Econometric Methods and Modelling

48 units from completion of the following concluding component:

18 units from completion of the following compulsory courses:

ECON8011 Microeconomic Theory

ECON8022 Macroeconomic Theory (Master)

EMET8002 Case Studies in Applied Economic Analysis and Econometrics

A minimum of 30 units from completion of courses from the following electives:

ECON6039 Health Economics

ECON6040 Resource and Environmental Economics

ECON8080 Advanced Behavioral Economics

ECON8001 Topics in Macroeconomics

ECON8003 Economic Policy Issues

ECON8006 International Trade Theory

ECON8009 International Monetary Economics

ECON8014 Computational Methods in Economics

ECON8015 International Economics

ECON8018 Cost-Benefit Analysis

ECON8021 Topics in Microeconomic Theory

ECON8034 Public Sector Economics

ECON8037 Financial Economics

ECON8038 Industrial Organisation

ECON8041 Labour Economics and Industrial Relations

ECON8047 Law and Economics

ECON8049 Southeast Asian Economic Policy and Development

ECON8050 Economic Growth

ECON8053 Game Theory

ECON8078 Organisational Economics

ECON8091 The Economy, Politics and the State

ECON8180 Economic Analysis of the Digital Economy

ECON8887 Advanced Research Essay

ECON8901 Advanced Topics in Poverty, Public Policy and Development

EMET8001 Applied micro-econometrics

EMET8010 Applied Macro and Financial Econometrics

EMET8012 Business and Economic Forecasting

EMET8014 Advanced Econometrics 1

IDEC8022 Development Economics

IDEC8003 Issues in Development Policy

To continue to the concluding component (final 48 units) of studies, students must achieve a minimum 70% weighted average mark in the following courses:

ECON8013 Optimisation for Economics and Financial Economics

ECON8025 Advanced Microeconomic Analysis

ECON8026 Advanced Macroeconomic Analysis

EMET8005 Econometric Methods and Modelling

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. Students who achieve a weighted average mark in the above courses between 65-70% may choose to transfer themselves to the Master of Applied Economics.

Study Options

Admission Requirements

At a minimum, all applicants must meet program-specific academic/non-academic requirements, and English language requirements. Admission to most ANU programs is on a competitive basis. Therefore, meeting all admission requirements does not automatically guarantee entry.

Applicants must present a Bachelor degree or international equivalent with a minimum GPA of 5.0/7.0

In line with the university's admissions policy and strategic plan, an assessment for admission may include competitively ranking applicants on the basis of specific academic achievement, English language proficiency and diversity factors. 

Academic achievement & English language proficiency

The minimum academic requirement for full entry and enrolment is a Bachelor degree or international equivalent with a minimum GPA of 5.0/7.0. 

However, applicants will first be ranked on a GPA ('GPA1') that is calculated using all but the last semester (or equivalent) of the Bachelor degree used for admission purposes. 

If required, ranking may further be confirmed on the basis of: 

• a GPA ('GPA2') calculated on the penultimate and antepenultimate semesters (or equivalent) of the Bachelor degree used for admission purposes; and/or

• demonstrating higher-level English language proficiency. 

Prior to enrolment in this ANU program, all students who gain entry will have their Bachelor degree reassessed, to confirm minimum requirements were met.

Further information: English Language Requirements for Admission 

Diversity factors

As Australia’s national university, ANU is global representative of Australian research and education. ANU endeavours to recruit and maintain a diverse and deliberate student cohort representative not only of Australia, but the world. In order to achieve these outcomes, competitive ranking of applicants may be adjusted to ensure access to ANU is a reality for brilliant students from countries across the globe.

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.

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.

Learning Outcomes

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. 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

Inherent Requirements

Information on inherent requirements is currently not available for this program

Further Information

This program will be available for S1 and S2 intake.

Please be aware that the elective courses available in the second year may be different for students commencing in semesters 1 and 2.

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/