Business

Master of Applied Economics

  • Domestic
  • International
  • Duration

    2 years full-time or part-time equiv.
  • Start Dates

    February and July
  • Location

    North Terrace Campus

About Degree

Take on economic challenges  

Economists analyse the decisions of individuals, governments and businesses and their impact on our lives and welfare. 

Armed with these insights, they can give expert advice on business strategy, understand the background behind the news, influence public policy for a better world and make informed personal financial decisions.

What will you do?

Our Master of Applied Economics is suited to students with or without prior knowledge in the field. You will:

  • hone your understanding of incentives, opportunity costs, trade-offs, supply and demand, and efficiency
  • apply economic concepts to a range of fields—from public policy and finance to international trade and natural resources
  • practise advanced techniques for analysing and managing data
  • explore economic growth and development and the organisation of markets.

Where could it take you?

Economics graduates go on to all sorts of exciting careers and research pathways. You might assess telecommunications mergers as an economic analyst, or reform regulatory frameworks for public forests as a policy officer with state government. You could work on the stock market, in an aid agency researching the best return on aid donations or in banking and financial services. Perhaps you’ll use your analytics and modelling skills to develop optimal strategies for efficient HR recruitment.

Entry Requirements

Choose your applicant type to view the relevant admissions information for this program.I am a:

  • Domestic
  • International

    Domestic applicants

    SATAC Code3CM196
    DefermentYes - 2 year
    IntakeFebruary and July
    Selection Criteria
    Graduate entry


    Higher Education StudyA completed Bachelor's degree or equivalent with a GPA of 5.0 or above. Alternative pathway: Students may enter this degree from the Graduate Certificate in Applied Economics or the Graduate Diploma in Applied Economics.


    Student Profile
    Applicant backgroundSemester one/Full year intake 2022
    Number of studentsPercentage of all students
    International students2291.7%
    All students24100.0%


    International applicants

    CRICOS092238E
    IntakeFebruary and July
    Selection Criteria
    English Language Requirements

    Australian Year 12Successful completion of an Australian year 12 qualification with a minimum pass in an accepted English language subject
    English Tests accepted by the University of APSB
    IELTSOverall 6.5Reading 6Listening 6Speaking 6Writing 6





    TOEFLOverall 79Reading 13Listening 13Speaking 18Writing 21





    PearsonOverall 58Reading 50Listening 50Speaking 50Writing 50





    C1 AdvancedOverall 176Reading 169Listening 169Speaking 169Writing 169





    Qualifications that meet minimum English requirementsA range of alternative qualifications may meet the University’s minimum English requirements
    Academic Entry Requirements

    Detailed information on international qualifications assessment

    Tertiary QualificationsA completed Bachelor degree with a minimum GPA of 5.0 or equivalent.
    Alternative Pathway: Students may enter this degree from the Graduate Certificate in Applied Economics or the Graduate Diploma in Applied Economics.
    How to Apply
    Application information for international students
    Important application deadlines for international students

    Student Profile
    Applicant backgroundSemester one/Full year intake 2022
    Number of studentsPercentage of all students
    International students2291.7%
    All students24100.0%


Fees and Scholarships

Choose your applicant type to view the relevant fees and scholarships information for this program.I am a:

  • Domestic
  • International
    Indicative annual tuition fees
    Australian Full-fee place: $37,000

    Where the standard duration of the program is less than one year the full cost of the program is displayed.

    Scholarships

    These scholarships, as well as many others funded by industry and non-profit organisations, are available to potential and currently enrolled students.

    International applicants

    Indicative annual tuition fees (24 units)International student place: $47,500

    Where the standard duration of the program is less than one year the full cost of the program is displayed.

    More information on International Student tuition fees.

    Scholarships

    These scholarships, as well as many others funded by industry and non-profit organisations, are available to potential and currently enrolled students.

Careers

Career Readiness

Master of Applied Economics graduates are ready for a range of rewarding careers with leading business, government or not-for-profit organisations.

Our graduates are working in roles such as managers, directors, business analysts and statisticians for organisations all over the world, including:
  • the World Bank Group
  • the United Nations Statistical Institute for Asia and the Pacific
  • Friedland Capital Inc.
  • Deloitte.

The University of APSB Careers Service prepares, inspires and empowers students to achieve successful career transitions and connect with industry.

Potential careers

Market Researcher, Banker, Policy Adviser, Economist, Public Servant, Financial Analyst, International Government and Trade Policy Adviser


Degree Structure

This master's degree is a 48-unit program of study. Students take 21 units of core courses including five 3-unit courses and the 6-unit course Challenges in Economic Policy and Applied Research, which provides the capstone research experience. Students also choose 27 units of elective courses.

Areas of Specialisation

There are three areas in which students may qualify for a single specialisation if they wish: International Economics, Public Policy or Economic Theory. In order to qualify for the specialisation, specific courses must be taken, as follows:

International Economics
ECON 7044: International Finance PG
ECON 7100: International Finance IV
ECON 7072: International Trade PG
ECON 7102: International Trade IV
ECON 7058: Development Economics PG

Public Policy
ECON 7032: Public Economics PG
ECON 7115: Public Economics IV
ECON 7016: Resource and Environmental Economics PG
ECON 7058: Development Economics PG
ECON 7067: Economic Development IV

Economic Theory
ECON 7062: Game Theory PG
ECON 7114: Money, Banking and Financial Markets PG
ECON 7121: Microeconomic Theory IV
ECON 7122: Macroeconomics IV

Example Study Plan

Indicative Study Plan
Core coursesECON 7222 : Applied Economic Principles
ECON 7011 : Intermediate Microeconomics IID
ECON 7051 : Intermediate Econometrics IID
ECON 7071 : Intermediate Macroeconomics IID
ECON 7243 : Applied Econometrics PG
ECON 7238 : Challenges in Economic Policy and Applied Research
ElectivesStudents take 27 units of elective courses.

At least three courses (9 units) from the following:
ECON 7016 : Resource and Environmental Economics PG
ECON 7032 : Public Economics PG
ECON 7044 : International Finance PG
ECON 7058 : Development Economics PG
ECON 7062 : Game Theory PG
ECON 7072 : International Trade PG
ECON 7114 : Money, Banking and Financial Markets PG
ECON 7221 : The Economics of Climate Change

Plus at least two courses (6 units) from the following:
ECON 7067 : Economic Development IV
ECON 7100 : International Finance IV
ECON 7102 : International Trade IV
ECON 7115 : Public Economics IV
ECON 7121 : Microeconomic Theory IV
ECON 7122 : Macroeconomics IV
ECON 7204 : Econometrics IV
ECON 7223 : Advanced Time Series Econometrics IV*

Students may choose to undertake the 6-unit dissertation course as an elective:
ECON 7225 : Master of Applied Economics Dissertation
Note: With the permission of the Program Coordinator, elective courses up to the value of 6 units may be taken from other postgraduate coursework programs offered by the University of APSB.

*Not available in 2018.

Assessment

Assessment is based on a range of methods. Typical examples of those methods include examinations, tests, individual or group assignments, projects, presentations, online quizzes and tutorial work.

Students who choose to take the course ECON 7225 Master of Applied Economics Dissertation must also write a dissertation which will include an oral defence.


RECOGNITION AND AFFILIATIONS

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