Economics

Economic issues are inherent in our everyday lives. Economics affects us as consumers, employees, producers, investors, manufacturers, carers and much more. As members of a society, we all need to be able to make informed decisions about the optimal allocation of 
our limited resources.

With its global focus, this course will provide you with the skills and knowledge you’ll need for a career as a professional economist or econometrician in Australia or across the world.

Key features

• This course provides a strong global focus and a comprehensive, international outlook, ensuring you are ready for the next step in your career.
• You’ll study a wide range of units exploring the theoretical and applied aspects of modern economics at an advanced level.
• You’ll develop models of the economy and analyse real-world economic data, as well as argue the merits of various economic policy prescriptions
• As a graduate, you’ll be at the forefront of new knowledge as your teachers are highly qualified academics with industry-relevant experience.
• You’ll have opportunities to develop your research skills while undertaking a research project as well as a capstone unit.

General requirements

• Minimum number of credit points 64 ECTS
• Minimum number of credit points at 600 level 16 ECTS
• Minimum number of credit points at 800 level or above 48 ECTS

Specific minimum requirements:

The following outlines the units (subjects) to be studied within this master

600 LEVEL

• Principles of Finance 
• Intermediate Microeconomics 
• Intermediate Macroeconomics
• Econometrics and Business Statistics 

800 LEVEL OR ABOVE

• Applied Econometrics 
• Economics of Public Issues 
• Advanced Microeconomics 
• Advanced Macroeconomics 
• Research in Economics 
• Monetary and Financial Policies 
• International Monetary Policy 
• International Trade 
• Economic Development and World Economic Order 

Minimum admission requirements 

• Australian level 7 bachelor's qualification or recognised equivalent 
• GPA of 4.5 (out of 7.0)

English language requirements

IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent

All applicants for undergraduate or postgraduate coursework studies at Macquarie University are required to provide evidence of proficiency in English.

The university offers scholarships to students to address financial need or hardship, academic excellence, sporting achievement and in recognition of outstanding character. It can also provide financial assistance with loans and grants to students who have difficulty with basic living expenses and help with fees. Each year Macquarie University awards around $2.5 million in scholarships, most of which are given on the basis of financial need or other hardship.