The Economics program provides training in theoretical and applied aspects of modern economics, econometrics, and financial economics, combining an enhanced focus on industry-relevant training with the academic rigour that has long been a hallmark of the School of Economics. It is the leading career development program of its type in Australia and a well-established supplier of graduates to both the private and public sectors.

The Master of Economics is offered by the School of Economics although several units are taught by the Discipline of Finance in the Business School. There are two intakes per year for the Master of Economics, with classes commencing in February and August. Every effort is made to make this program accessible to professionals and part-time students.

Awards and requirements

Please refer to the course rules in this handbook for information on the specific admission requirements for different coursework award courses.

Master of Economics
To be awarded the Master of Economics, students complete 96 credit points including:

  • a minimum of 24 credit points of foundation units of study
  • a minimum of 24 credit points of core units of study
  • a maximum of 42 credit points of elective units of study
  • at least one specialisation
  • a minimum of 6 credit points of capstone units of study

Specialisations (18 credit points) are available in Economics, Econometrics, or Financial Economics. Students can complete specialisations in more than one subject area.

Graduate Diploma in Economics
To be awarded the Graduate Diploma in Economics, students complete 48 credit points including:

  • a minimum of 24 credit points of foundation units of study
  • a minimum of 24 credit points of core units of study

Graduate Certificate in Economics
To be awarded the Graduate Certificate in Economics, students complete 24 credit points of foundation units of study.

Learning outcomes

At completion of the Master of Economics, a student will be able to:

No. Learning outcome
1 Demonstrate a comprehensive understanding of advanced concepts in economics and econometrics.
2 Demonstrate an understanding of high-level technical issues that arise when analysing and interpreting economic and financial data, and an understanding of potential solutions.
3 Demonstrate the ability to communicate high level economic reasoning effectively to a variety of audiences, including those in academic, policy and private sectors.
4 Apply economic skills and knowledge to real-world policy problems.
5 Work both independently and collaboratively to develop and articulate an argument based on advanced economic reasoning.
6 Demonstrate skills in ethical research, critical thinking and the analysis of complex disciplinary problems.
Reduced volume of learning (RVL)

Candidates who have completed previous study in a relevant discipline may be eligible for a reduction in the requirements for the Master of Economics in accordance with the table below.

Level of prior learning Full-time duration Credit points to complete
AQF Level 7 eg. a bachelor's degree with a major in Economics 1.5 years 72
Relevant professional experience equivalent to a Graduate Certificate 1.5 years 72
AQF Level 8 eg. Honours in Economics 1 year 48


Contacts and further information

Website: School of Economics
Phone: +61 2 9351 5055