International and Development Economics

Study mode:On campus Study type:Full-time Languages: English
Local:$ 20.1 k / Year(s) Foreign:$ 24.3 k / Year(s) Deadline: May 31, 2026
59 place StudyQA ranking:13624 Duration:2 years

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The Master of International and Development Economics at the Australian National University offers a comprehensive and rigorous program designed to equip students with a deep understanding of economic theories and their practical applications in the context of global development. This program is ideal for individuals seeking to develop their expertise in international economic policy, development strategies, and the complex interactions between economic growth, inequality, and sustainability. Through a multidisciplinary approach, students will explore core topics such as microeconomics, macroeconomics, econometrics, and development economics, alongside specialized areas including trade, finance, poverty alleviation, and environmental sustainability. The curriculum balances theoretical foundations with quantitative skills, enabling graduates to analyze and formulate effective policies in diverse international and developing country contexts. The program emphasizes critical thinking, analytical rigor, and real-world problem-solving, supported by access to world-class research centers and faculty members renowned for their contributions to economic development. Students will have opportunities to engage in rigorous research projects, internships, and policy consultations, preparing them for careers in government agencies, international organizations, non-governmental organizations, research institutions, and the private sector. The Master’s program also fosters a global perspective, encouraging understanding of the asymmetric power dynamics and cultural considerations that influence economic development worldwide. With flexible study options, including coursework and research pathways, the program caters to both domestic and international students aiming to advance their careers or pursue further academic research. The combination of cutting-edge academic content, practical experience, and the university’s vibrant international community provides an enriching environment for aspiring development economists to thrive and make impactful contributions to addressing global challenges.

The Master of International and Development Economics at the Australian National University is a comprehensive graduate program designed to equip students with the analytical skills and policy insights necessary to address complex economic challenges in a global context. The program offers a rigorous curriculum that integrates theoretical foundations with practical applications, focusing on issues such as economic development, international trade, global finance, poverty alleviation, and sustainable growth. Students will engage with a broad range of topics, including economic modeling, quantitative methods, and policy analysis, enabling them to critically assess economic policies and devise innovative solutions to development problems.

The program is structured to provide both depth and flexibility, allowing students to tailor their studies to areas of interest through elective courses. Core courses cover essential concepts in microeconomics, macroeconomics, econometrics, and development economics, ensuring a solid grounding in economic theory and empirical techniques. In addition, students can choose specialized units of study in areas such as Asian economic development, environmental economics, or international trade policy. The program emphasizes the application of economic analysis to real-world issues, fostering skills in data analysis, policy evaluation, and strategic decision-making.

Throughout their studies, students will have opportunities to participate in research projects, internships, and fieldwork, gaining practical experience and professional networks that are valuable in the international development sector. The faculty comprises leading experts in economics and development studies, providing mentorship and insight into current global economic issues. Graduates of the program are well-prepared for careers in government agencies, international organizations, non-governmental organizations, and the private sector focused on international development, economic policy, and sustainable growth initiatives. With its interdisciplinary approach and focus on contemporary global challenges, the Master of International and Development Economics at ANU offers a distinctive pathway for individuals committed to making a positive impact in development and economic policy worldwide.

The Master of International and Development Economics program at The Australian National University is designed to equip students with a comprehensive understanding of economic theories and their application to international and development contexts. The program typically requires students to complete a combination of core courses, electives, and a research component to ensure a robust grasp of the key concepts and analytical tools. Core courses generally include topics such as economic analysis, development economics, international trade, and macroeconomic and microeconomic principles, often totaling around 48 units of study. Elective courses allow students to specialize in areas like environmental economics, trade policy, or policy analysis, providing flexibility to tailor the program to individual interests and career goals. In addition to coursework, students may be required to undertake a research project or a thesis, which demonstrates their ability to apply economic theories to real-world issues in international development. Program-specific requirements often stipulate maintaining a certain grade point average to qualify for graduation, and students may be encouraged to participate in internships, seminars, or conferences to enhance their practical experience and professional networks. Language proficiency requirements may be applicable for international students, along with the submission of relevant academic transcripts and letters of recommendation. The program aims to develop skills in economic modelling, quantitative analysis, and policy evaluation, preparing graduates for careers in government, international organizations, research institutions, or consultancy firms. Overall, the program emphasizes both theoretical foundations and practical applications, ensuring graduates are equipped to analyze and address complex economic challenges facing developing nations and the global economy.

The Australian National University offers a comprehensive financing framework for its International and Development Economics program, designed to assist students in managing the costs associated with their studies. Tuition fees for domestic students are structured based on the university’s annual fee schedule, which is subject to change each academic year. For international students, fees are generally higher and are set according to the program and level of study. It is important for prospective students to consult the official ANU website for the most current fee schedules and any updates related to tuition costs.

In addition to tuition fees, students should account for various other expenses, such as student amenities, health insurance, textbooks, and living costs. The university provides detailed estimates of living expenses in Canberra, which is considered a relatively affordable city for international students compared to other Australian capitals. These costs include accommodation, meals, transportation, and personal expenses, and they are essential for financial planning.

ANU offers a range of financial support options to help students fund their studies. Scholarships and bursaries are available for both domestic and international students, rewarding academic excellence and providing financial relief. Some of these scholarships are merit-based, while others are need-based, and they may cover full or partial tuition fees, living stipends, or research grants.

In addition to scholarships, students can explore various government-funded loans and external funding opportunities. Australian students may access Commonwealth supported places, which significantly reduce tuition fees, or apply for government loans such as HECS-HELP. International students are encouraged to seek scholarships offered by their home countries or international organizations.

The university also provides information and guidance on private financing options, including education loans from banks or financial institutions, although students should consider the terms and interest rates carefully. Part-time work opportunities are available on or near campus to supplement student income, with ANU’s dedicated career services supporting students in finding suitable employment.

Overall, ANU’s financing options for the International and Development Economics program are designed to facilitate access and support students throughout their academic journey. Detailed financial planning and early application for available financial aid are highly recommended to ensure a smooth educational experience.

International and Development Economics at the Australian National University offers an in-depth exploration of economic issues that affect both global and developing nations. This program is designed to equip students with a comprehensive understanding of economic theory, policy analysis, and practical skills necessary to analyze complex international economic problems. The curriculum covers a broad range of topics, including international trade, development economics, economic policy, and global financial markets. Students will learn to apply economic models to real-world issues, evaluate policy options, and develop strategic solutions for economic development and international trade challenges.

The program emphasizes quantitative and qualitative research methods, enabling students to conduct rigorous analysis and produce policy-relevant research. It is ideal for individuals seeking careers in international organizations, government agencies, research institutions, and the private sector. The curriculum is developed by experts in the field of economics, with an emphasis on current global economic issues such as inequality, climate change, economic growth, and trade relations. Students can also benefit from participating in seminars, workshops, and internships that provide practical experience and networking opportunities.

The program typically offers both coursework components and research projects, culminating in a thesis or research paper that allows students to specialize in an area of interest within international and development economics. The university's strong connections with policy-makers and international economic institutions enhance the learning experience and provide pathways for graduate employment. Graduates of the program are well-prepared to analyze, develop, and implement economic policies that promote sustainable development and economic stability in a global context. The program's multidisciplinary approach, combining economics with political science, sociology, and environmental studies, ensures that students gain a holistic view of the factors influencing economic development worldwide.

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