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Master of Environmental and Resource Economics

  • Masters (Coursework)

This program provides tools of economic analysis at an advanced level and applies them to policy issues in environmental and resource management. Areas covered include environmental economics, agricultural and resource economics, energy economics, economic development, and econometric methods.

Key details

Degree Type
Masters (Coursework)
Duration
2 years full-time
Course Code
MEREC, 082295A
International Fees
$48,035 per year / $96,070 total

About this course

This program provides tools of economic analysis at an advanced level and applies them to policy issues in environmental and resource management. Areas covered include environmental economics, agricultural and resource economics, energy economics, economic development, and econometric methods. A common theme is the integration of economic methods and approaches into environmental and resource-related decision-making at the local, national, and international levels.

Entry requirements

Applicants must present one of the following:

  • A Bachelor degree or international equivalent with GPA 5/7
  • A Bachelor degree or international equivalent with GPA 4/7 and a minimum of 3 years full-time equivalent work experience at ANZSCO Skill Level 1 in a field related to the program
  • A Bachelor degree or international equivalent with GPA 4/7 and a Graduate Certificate or international equivalent with a GPA of 4/7
  • A Graduate Diploma or international equivalent with a GPA 4/7
  • 48 units of courses in a postgraduate program with a GPA of 4/7
  • A Graduate Certificate or international equivalent with a GPA of 4/7 and a minimum of 3 years full-time equivalent work experience at ANZSCO Skill Level 1 in a field related to the program
  • Graduate Records Examination (GRE) General test, completed no more than 5 years before the time of application, with a minimum score of 150 for Verbal Reasoning, 160 for Quantitative Reasoning and 3.5 in Analytical Writing and a minimum of 3 years full-time equivalent work experience at ANZSCO Skill Level 1 in a field related to the program
  • A minimum of 10 years full-time equivalent work experience at ANZSCO Skill Level 1 in a field related to the program.

The GPA for a Bachelor program will be calculated from (i) a completed Bachelor degree using all grades and/or (ii) a completed Bachelor degree using all grades other than those from the last semester (or equivalent study period) of the Bachelor degree. The higher of the two calculations will be used as the basis for admission.

Ranking and English language proficiency: 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. 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. 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 admission requirements and post-admission support

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.

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.

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.

Applications for course credit: Credit may also be granted for relevant professional experience.

Applicants with a Bachelor Degree or Graduate Certificate in a cognate discipline may be eligible for up to 24 units (one semester) of credit.

Applicants with a Graduate Diploma or Bachelor degree with Honours in a cognate discipline may be eligible for up to 48 units (one year) of credit.

Cognate Disciplines

Applied Economics, Econometrics, Economic Policy, Economics, Engineering, Mathematics, Statistics

Indicative fees
Domestic International
Annual indicative fee for domestic students
$37,517.00

For more information see: http://www.anu.edu.au/students/program-administration/costs-fees

Annual indicative fee for international students
$48,035.00

For further information on International Tuition Fees see: https://www.anu.edu.au/students/program-administration/fees-payments/international-tuition-fees

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.

Study locations

Canberra

What you will learn

  1. Use advanced tools to analyse key issues in environmental and resource economics.
  2. Design and evaluate policies affecting the environment and natural resources.
  3. Have a critical understanding of the academic literature in applied economics and economic policy.
  4. Undertake independent research in applied economics and policy, especially in environmental and resource economics.
  5. Communicate concepts and policy ideas in environmental and resource economics.

Career pathways

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.

Course structure

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

Completion of the following pre-sessional component:

CRWF7900 Graduate Academic and Research Skills for Public Policy

IDEC7902 Graduate Preparatory Mathematical Methods

IDEC7904 Graduate Preparatory Econometrics


24 units from completion of initial compulsory courses from the following list:

IDEC8002 Macroeconomic Analysis and Policy

IDEC8015 Mathematical Methods in Applied Economics

IDEC8016 Microeconomic Analysis and Policy

IDEC8017 Econometric Techniques


24 units from completion of advanced compulsory courses from the following list:

IDEC8018 Agricultural and Resource Economics

IDEC8053 Environmental Economics

IDEC8064 Masters Microeconomics

IDEC8089 Energy Economics

A minimum of 6 units from completion of research skills courses from the following list:

IDEC8010 Quantitative International Economics

IDEC8023 Case Studies in Applied Econometrics

IDEC8026 Quantitative Policy Impact Evaluation

A minimum of 12 units from completion of economics or econometrics courses from the following list:

ECON8038 Industrial Organisation

ECON8047 Law and Economics

ECON8050 Economic Growth

ECON8180 Economic Analysis of the Digital Economy

IDEC8003 Issues in Development Policy

IDEC8007 Aid and Development Policy

IDEC8008 Open Economy Macroeconomics, Finance, and Development

IDEC8009 Trade, Development and the Asia Pacific Economy

IDEC8012 Quantitative Methods for Monetary Policy Analysis

IDEC8014 Quantitative Financial Economics

IDEC8017 Econometric Techniques

IDEC8020 Applied Economic Dynamics

IDEC8021 The Chinese Economy

IDEC8022 Economic Development

IDEC8025 Empirical Public Finance

IDEC8028 The Microeconomics of Development

IDEC8029 Issues in Applied Microeconomics

IDEC8030 Issues in Applied Macroeconomics

IDEC8031 Development and Environmental Planning in Developing Economies

IDEC8034 Middle Eastern Economies

IDEC8035 Islamic Economies in Practice

IDEC8037 Pacific Economies and Politics

IDEC8081 The Economics of Incentives and Institutions

IDEC8083 Financial Markets and Instruments

IDEC8088 Cost-Benefit Analysis: Principles and Practice

IDEC8127 Modelling the Global Economy: techniques and policy implications


A minimum of 12 units from completion of contextual courses from the following list:

CRWF8000 Government, Markets and Global Change

EMDV8007 Communicating for Environment and Climate Policy

EMDV8011Environmental Markets

EMDV8012 Ecological Economics and Policy

EMDV8013 Development and Environment in the Anthropocene

EMDV8017 Toxic: Environmental Pollution and Waste

EMDV8078 Environmental Economics for Public Policy

EMDV8079 Water Justice, Management and Governance

EMDV8080 International Climate Change Policy and Economics

EMDV8081 Domestic Climate Change Policy and Economics

EMDV8082 Food Wars: Food Security and Agricultural Policy

EMDV8101 Transformative Approaches to Socio-Environmental Change

EMDV8104 Environmental Governance

EMDV8124 Disaster, Risk Reduction and Management

FINM7006 Applied Foundations of Finance

FINM7007 Applied Corporate Finance

FINM7008 Applied Investments

INDG8001 Indigenous Peoples and Development in Australia: principles and practices for Indigenous-led change

INDG8004 First Nations Peoples and Public Policy in Australia

NSPO8032 Geoeconomics and National Security

POGO8004 Poverty Reduction

POGO8015 Foreign Direct Investment Policy

POGO8021 Public Sector Ethics

POGO8025 Social Policy Analysis

POGO8044 Global Social Policy

POGO8048 Public Finance

POGO8057 Managing Government Finances

POGO8062 Public Sector Management

POGO8076 Corruption and Anti-corruption

POGO8083 Policy Advocacy

POGO8210 Case Studies in Economic Policy

POGO8212 Governing the Energy Transition

POGO8220 Issues in Japanese Policy

POGO8401 Foundations in Public Policy


A maximum of 12 units from completion of a research project course from the following list:

IDEC8011 Masters Research Essay

IDEC8033 Research Project

A maximum of 6 units from completion of experiential courses from the following list:

ANIP6503 Australian National Internships Program A

CRWF7000 Applied Policy Project

CRWF8019 Public Policy and Professional Internship

CRWF8020 Public Policy Professional Experience

Specialisations
  • Development Policy
  • Macroeconomic Policy
  • Microeconomic Policy