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The University of Western Australia (UWA)

  • 22% international / 78% domestic

Master of Economics

  • Masters (Coursework)

Be at the forefront of economic research and decision making in the government or private sectors. Enhance your understanding of the way the world works, from the stock market to national economies and the world economy.

Key details

Degree Type
Masters (Coursework)
Course Code
42670, 003091A
Study Mode
In person

About this course

The Master of Economics is designed for students who plan to pursue careers as economic researchers and decision makers in the public or private sectors. The course attracts people employed by the public service and private enterprise, as well as teachers already holding a Bachelor of Economics who seek to improve their professional qualifications through postgraduate studies. Topics covered include microeconomics, macroeconomics, international economics, financial economics, resource economics, public economics, quantitative economics, economic history and economic development. Who should do this course? This course is ideal for students who wish to undertake post-graduate studies in economics and is designed for students who have completed an economics major in their undergraduate studies. The Economics Department at UWA UWA's Economics discipline enjoys a large number of international visiting experts and guest lecturers. For more than two decades, the discipline has been a partner in the innovative PhD Conference in Economics and Business, which has hosted almost 600 students from major universities around the world. In addition, the discipline's international connections are further enhanced by a significant flow of economists from other institutions who visit the Business School to present research results and to work with our staff and students. Recent visitors include Sir David Hendry from Oxford University, and the late Arnold Zellner from the University of Chicago. Further, the annual Shann Memorial Lecture invites a prominent economist to deliver a presentation in the area of economics and finance. All of these events generate considerable interest from the economics community and stimulate the discipline's teaching and learning activities.

Entry requirements

Admission requirements

If you're interested in furthering your career by studying this postgraduate course, find out the admission details below

Admission Requirements
To be considered for admission to this course an applicant must have-
(a) Bachelor degree with a major in economics or an equivalent qualification and a UWA weighted average mark (WAM) of at least 65 per cent in Level 3 economics units plus evidence of having completed an intermediate (level 2) econometric / statistics unit and an intermediate mathematics for economists unit;
or
(b) be enrolled in the Combined Bachelor Master (CBM) degree (Bachelor of Economics and Master of Economics degree)
Admission Requirements
To be considered for admission to this course an applicant must have-
(a) Bachelor degree with a major in economics or an equivalent qualification and a UWA weighted average mark (WAM) of at least 65 per cent in Level 3 economics units plus evidence of having completed an intermediate (level 2) econometric / statistics unit and an intermediate mathematics for economists unit;
or
(b) be enrolled in the Combined Bachelor Master (CBM) degree (Bachelor of Economics and Master of Economics degree)
Ranking and Selection Process
Where relevant, admission will be awarded to the highest ranked applicants or applicants selected based on the relevant requirements.
Ranking and Selection Process

Where relevant, admission will be awarded to the highest ranked applicants or applicants selected based on the relevant requirements.

ADMISSION REQUIREMENT
English competency

English is the language of instruction and assessment at UWA and you will need to meet the English language requirements of the University to be eligible for a place.

Minimum overall IELTS score of 6.5, with no band less than 6.0.

ADMISSION REQUIREMENT
English competency

Study locations

Perth

Career pathways

Careers and further study

Explore the career opportunities available to you.

Career Pathways

Graduates can expect to find work in government agencies at the local, state and federal levels, as well as opportunities in the private sector including banks, consultancy companies, international agencies, insurance companies and the finance industry.

As an economist, you could assess the implications of global economic trends on the Australian economy, regional economies or individual industries. In the area of applied economics, you might conduct research and analysis of global and local events for federal agencies such as the Treasury, Reserve Bank of Australia, Australian Competition and Consumer Commission (ACCC), Australian Securities and Investments Commission (ASIC) and Productivity Commission.

Career Pathways

Graduates can expect to find work in government agencies at the local, state and federal levels, as well as opportunities in the private sector including banks, consultancy companies, international agencies, insurance companies and the finance industry.

As an economist, you could assess the implications of global economic trends on the Australian economy, regional economies or individual industries. In the area of applied economics, you might conduct research and analysis of global and local events for federal agencies such as the Treasury, Reserve Bank of Australia, Australian Competition and Consumer Commission (ACCC), Australian Securities and Investments Commission (ASIC) and Productivity Commission.

Further Study
Students who seek to continue study with the Business School can advance their knowledge with higher degree by research opportunities such as a Doctor of Philosophy. Or after appropriate work experience, graduates may choose to enrol in the Master of Business Administration (MBA).
Further Study Students who seek to continue study with the Business School can advance their knowledge with higher degree by research opportunities such as a Doctor of Philosophy. Or after appropriate work experience, graduates may choose to enrol in the Master of Business Administration (MBA).

Course structure

Students in the course by coursework only take the following:

All units in Core A (18 points)
All units from one specialisation Groups B, F - H (24 points)
All units from an additional specialisation or options Groups B, F - H (30 points)

Students in the course by coursework and dissertation take the following:

All units in Core A (18 points)
All units in Core D (24 points)
Remaining units from an additional specialisation or options Groups B, F - H (30 points)









Core - Group A

Take all units (18 points):

Applied Economics specialisation

Take unit(s) to the value of 24 points:

Students may take one (and only one) of the following three units as part of the requirements for the Applied Economics specialisation.

Environmental Economics specialisation

Students specialising in Environmental Economics must take 4 units to the value of 24 credit points from this group.

Financial Economics specialisation

Take unit(s) to the value of 24 points:

Health Economics specialisation

Graduate outcomes

Graduate satisfaction and employment outcomes for Business & Management courses at The University of Western Australia (UWA).
83.3%
Overall satisfaction
81.7%
Skill scale
69.1%
Teaching scale
82%
Employed full-time
$111k
Average salary