Why study with us?
Ranked top five in the Australia for Economics by the 2020 QS World Rankings by Subject, you will study one of Australia’s leading economics degrees from world-renowned experts and researchers.
Our graduates are highly sought after, with our alumni including leaders in the Reserve Bank, the Treasury and other government departments, international agencies, financial institutions and NGOs.
The Master of Economics provides you with the training and knowledge for a wide range of careers and focuses on advanced coursework in economics and data analysis – critical skills in today’s workforce.
Designed to be relevant to new graduates as well as professionals seeking further training in economics for career progression or a career change, the Master of Economics encourages you to apply your training in practical ways to address major challenges in business and policy.
The Master of Economics is also offered as a dual degree pathway in partnership with Fudan University.
The Master of Economics at Sydney is the preferred professional development qualification for many employers.
With a combination of industry-relevant training and academic rigour, the course is a benchmark for postgraduate economics training in Australia.
We offer evening classes (from 5-9pm) to accommodate part-time students and professionals.
Students complete their specialisation from the following subject areas:
A strong foundation in Economics is required to succeed in an academically demanding degree such as the new Master of Economics.
If your undergraduate degree includes a major in Economics you may be eligible for Recognition of Prior Learning (RPL) and able to complete the degree sooner. You would begin by studying the four core advanced units.
Students without sufficient prior training in Economics complete four foundation units before undertaking the core units. The foundation units will take you to an intermediate level in Microeconomics, Macroeconomics and Econometrics, and provide you with the communication and quantitative skills required to succeed in the remainder of the degree.
After completing the core units you can choose from a wide range or electives to tailor your degree to the specific needs of your current workplace or your future career.
To qualify for the Master of Economics you must complete 96 credit points, including:
Foundation Units (only for the 24 month MEc)
Please note: Foundation units of study cannot be counted towards specialisations.
Core Units (for both the 24 month and the 18 month MEc)
Specialisation and elective subject areas
Students complete their specialisation and electives from the following subject areas.
Capstone
Students complete the capstone unit ECON7030 Economics Research Project during their final semester.
View the Master of Economics Unit timetable.
Please note this timetable is indicative only.
Under normal progression, a full-time student completes prescribed units of study to the value of 24 credit points per semester. Part-time students may undertake prescribed units of study up to the value of 12 credit points per semester. You are required to attend all lectures, tutorials and other activities prescribed for your units of study.
Admission to candidature for the Master of Economics (2 years full-time) requires:
If you have completed previous studies in a related area or have relevant work experience, you can reduce the length of you studies or receive credit based on the Recognition of Prior Learning criteria below:
Admission to candidature for the Master of Economics (1.5 years full-time) requires:
Admission to candidature for the Master of Economics (1 year full-time) requires:
If you do not meet the requirements listed above for direct entry to the Master’s degree, you may be able to enter via a Graduate Certificate or Graduate Diploma in the same subject area and upgrade to the Master’s after successful completion of the shorter course.
The Master of Economics prepares you for a career in economics, econometrics and finance. Our graduates have held positions in federal and state policy departments and international financial agencies, markets and institutions.
Many of our recent graduates have gone on to hold senior positions in Treasury, the Reserve Bank and other policy departments across federal and state governments, as well as in international financial agencies, markets and institutions.
Indicative Postgraduate Student Contribution Amount
The student contribution amount for a Commonwealth Supported Place is an indication only of the amount payable in Year 1 for a standard full time load of 48 credit points (1.0 EFTSL). The exact student contribution that you pay will depend on the calendar year in which you undertake your study, and the specific units of study in which you ultimately enrol. For further information about how to calculate your specific total student contribution, please refer to the University's Tuition Fees website.
Annual review and fee increases
Importantly, student contribution amounts are subject to annual review by the University, and will increase each year of your period of study (subject to a Commonwealth specified cap), effective at the start of each calendar year.
Indicative Postgraduate Domestic Tuition Fee
The tuition fee for a domestic postgraduate student is an indication only of the fees payable in Year 1 for a standard full time load of 48 credit points (1.0 EFTSL). Depending on the calendar year in which you undertake your study, and if your study load is more or less than the 1.0 EFTSL, your tuition fee will differ from the indicative amount.
Annual review and fee increase
Importantly, tuition fees are subject to annual review by the University, and will increase each year of your period of study, effective at the start of each calendar year.
Additional incidental costs
For some courses there are incidental costs additional to the student contribution and/or course fee. Some of these incidental costs are significant, for example, course-specific materials, tools, protected clothing and equipment. Further information about these costs is available from https://sydney.edu.au/students/materials-and-equipment.html.
Visa/MasterCard/American Express/JCB surcharge
Please note that a surcharge of 1.53% will apply for payments made by Visa, MasterCard, American Express or JCB. The surcharge is subject to review and may change. Information about payment methods and the surcharge is set out at: http://sydney.edu.au/study/finances-fees-costs/fees-and-loans/paying-your-fees.html.
Potential for inaccuracy
Whilst every reasonable effort has been made to include correct and up to date information here, you are also advised to consult directly with the Student Centre so that they can provide you with specific and up to date information about fees.
Indicative International Tuition Fees for Postgraduate Students
The tuition fee for international postgraduate students is an indication only of the fees payable in Year 1 for a standard full time load of 48 credit points (1.0 EFTSL). Depending on the calendar year in which you undertake your study, and if your study load is more or less than the 1.0 EFTSL, your tuition fee will differ from the indicative amount.
Annual review and fee increases
Importantly, tuition fees are subject to annual review, and will increase each year of your period of study, effective at the start of each calendar year.
Additional incidental costs and health insurance
For some courses there are incidental costs additional to the tuition fees. Some of these incidental costs are significant, for example, course-specific materials, tools, protective clothing, and equipment. Further information about these costs is available from https://sydney.edu.au/students/materials-and-equipment.html. In addition to the fees indicated here for the course of study, International Students studying on an Australian Student Visa must have appropriate health insurance for the duration of their studies on a Student Visa through a government approved provider of the Overseas Student Health Cover (OSHC) scheme. This is a requirement of the Australian Government, unless otherwise exempted by the Government. Further information is available from https://sydney.edu.au/study/finances-fees-costs/living-costs/health-insurance.html.
Visa/MasterCard/American Express/JCB surcharge
Please note that a surcharge of 1.53% will apply for payments made by Visa, MasterCard, American Express or JCB. The surcharge is subject to review and may change. Information about payment methods and the surcharge is set out at: http://sydney.edu.au/study/finances-fees-costs/fees-and-loans/paying-your-fees.html.
Potential for inaccuracy
Whilst every reasonable effort has been made to include correct and up to date information here, you are also advised to consult directly with the Student Centre so that they can provide you with specific and up to date information about fees.
Fee information for the dual degree pathway
The dual degree pathway consists of two separately priced tuition fee components. The exact fees that you will pay depends on the provider (Fudan University or The University of Sydney), and the calendar year in which you undertake your studies in the dual degree pathway.
The University of Sydney:
The first tuition fee component is for the study undertaken in the Master of Economics at The University of Sydney. Please refer to the fees information on this page for more detailed information.
Fudan:
The second tuition fee component is the study undertaken at Fudan University. Regardless of whether you are a Commonwealth supported student, or international full fee paying student, tuition fees are paid directly to Fudan University. The tuition fees are available on the Fudan University website. Students are responsible for all Fudan University fees applicable and must make their own enquiries directly with Fudan to determine what these fees are.
Other important information
Students admitted to the dual degree pathway will be required to arrange an appropriate visa to undertake the study component at Fudan University upon completing the University of Sydney study component. There are visa application fees, airfares and other costs that need to be factored into your additional costs for this dual degree pathway.
Commonwealth Supported Places (CSP) are available for this course for eligible domestic students. This means that your course fees are subsidised by the Australian Government and you pay a student contribution amount (SCA). CSP places are limited in number and are allocated based on academic merit.
