Master of Applied Economics
Economic decision making by governments, businesses and individuals can significantly impact our lives, behaviour and wellbeing. Applied economic analysis has become an increasingly important field, requiring people who are skilled at analysing and interpreting economic data to inform decisions about everything from healthcare to financial policy, economic growth and development, natural resources and the environment, the organisation and structure of markets.
This course has been carefully designed to provide students with state-of-the-art applied economics knowledge and skills that can be applied to these areas and many more. This innovative course also has two distinctive features: the importance placed on context and the application of theory to the solution of real world problems; and the opportunity for you to undertake interdisciplinary studies, which recognises that applied economists work in increasingly varied and diverse fields that cross traditional discipline boundaries.
KEY FEATURES
- This course has a strong global focus that ensures you’re ready to take the next step in your career – wherever that may be.
- You’ll hone your research skills on the real-world challenges faced by economists and critically evaluate established knowledge in applied economics to examine relevant issues.
- You’ll apply problem solving and decision-making skills to formulate appropriate solutions to complex economic issues.
- You’ll develop models of the economy and analyse real-world economic data, as well as argue the merits of a range of economic policies.
- You’ll have the opportunity to develop your research skills while undertaking a research project.
- You’ll gain the communication skills you need to excel in a professional setting.
- You’ll develop your understanding of empirical analysis relevant to economic issues and gain the ability to undertake original research to support economic arguments.
- You’ll learn to demonstrate ethical reasoning and recognise the role ethics plays in economics.
Campus Information
North Ryde
Sydney New South Wales 2109 Australia
Intakes
- Feb
- July
Application Processing Time in Days: 7
Application Process
Minimum English Language Requirements
| English Level Description | IELTS (1.0 -9.0) | TOEFL IBT (0-120) | TOEFL CBT (0-300) | PTE (10-90) | |
|---|---|---|---|---|---|
| Expert | 9 | 120 | 297-300 | 86-90 | |
| Very Good | 8.5 | 115-119 | 280-293 | 83-86 | |
| Very Good | 8 | 110-114 | 270-280 | 79-83 | |
| Good | 7.5 | 102-109 | 253-267 | 73-79 | |
| Good | 7 | 94-101 | 240-253 | 65-73 | |
| Competent | 6.5 | 79-93 | 213-233 | 58-65 | |
| Competent | 6 | 60-78 | 170-210 | 50-58 | |
| Modest | 5.5 | 46-59 | 133-210 | 43-50 | |
| Modest | 5 | 35-45 | 107-133 | 36-43 | |
| Limited | 4 | 32-34 | 97-103 | 30-36 | |
| Extremely Limited | < 4 | < 31 | < 93 | < 30 |
Job Opportunity Potential
Studying hard and getting great marks doesn’t guarantee you a job. Most employers expect applicants to be skilled and experienced in the workplace. Working while you study is an excellent way to build your employability skills and gain life experience.
Why does it?
Employers appreciate any full-time, casual or part-time experience like working in hospitality or retail, on a reception desk, or even in construction. They value this kind of experience because it shows that you can be responsible and professional. Working while you study builds professional skills that are essential for professional roles:
- Time management
- Teamwork
- Customer service
- Attention to detail
- Working independently
- Showing initiative
- Communication (verbal and written)
Working on and off-campus
CareerHub is Macquarie’s jobs portal, connecting you with external organizations that offer part-time, casual, full-time employment opportunities as well as internships, cadetships, and volunteer experience.
Finding an on-campus job is often ideal as it centralizes both study and work, but opportunities on-campus are limited. Opportunities can be found here:
- Campus Life manages the university's Sport and Aquatic Centre, Food and Shopping, Children's Services, Event Planning, and more.
- For other administrative, professional, and academic-related opportunities within departments and faculties, visit the university's employment page.
Here is a list of some of our favorite job search websites for opportunities across multiple industries.
PSW Opportunity
2 Years
Admission Requirement / Eligibility Criteria
Entry requirements for Masters (by Coursework) programs at Macquarie University are set out in Coursefinder.
In general, entry requires a Bachelor degree from a recognised institution considered equivalent to an Australian bachelor degree (Level 7 on the Australian Qualifications Framework). Some courses may require previous study or work experience in a related area, a higher level qualification such as an Honours Bachelor (AQF Level 8), or other additional entry criteria that must be satisfied.
Requirements for entry
Courses may state a Weighted Average Mark (WAM) requirement, which is a reflection of your overall performance in your previous qualification.
The document below provides indicative equivalencies for Macquarie's WAM system against grading schemes used in 28 different countries - this includes the minimum Pass standard considered for entry to programs with no specified WAM:
To apply for a Masters (by Research) or PhD program, you should be able to demonstrate research experience in your previous studies. Please refer to the Higher Degree Research
IELTS Academic
Level of English Overall Reading Writing Listening Speaking For Admission To
Functional 5.5 5.0 5.0 5.0 5.0 Standard Foundation Program
Vocational 6.0 5.5 5.5 5.5 5.5 Intensive Program, Undergraduate Certificates, or Diplomas
Competent 6.5 6.0 6.0 6.0 6.0 Most undergraduate or postgraduate courses
Proficient 7.0 6.0 6.0 6.0 6.0 Master of Business Administration
Global Master of Business Administration
Graduate Certificate of Business Administration
Graduate Certificate of Editing and Electronic Publishing
Graduate Certificate of Global Business Practice
Graduate Diploma of Business Administration
7.0 6.5 6.5 6.5 6.5 Bachelor of Clinical Science
Bachelor of Exercise and Sports Science
Bachelor of Laws
Juris Doctor
Master of Creative Writing
7.0 7.0 7.0 7.0 7.0 Doctor of Medicine
Doctor of Physiotherapy
Master of Clinical Audiology
Master of Clinical Neuropsychology
Master of Clinical Psychology
Master of Organisational Psychology
Master of Professional Psychology
Master of Speech and Language Pathology
Graduate Certificate of Early Childhood
Advanced 7.5 7.0 7.0 8.0 8.0 Bachelor of Arts and Bachelor of Education (Primary)
Bachelor of Arts and Bachelor of Education (Secondary)
Bachelor of Commerce and Bachelor of Education (Secondary)
Bachelor of Education (Primary) and Bachelor of Psychology
Bachelor of Science and Bachelor of Education (Secondary)
Bachelor of Teaching (Early Childhood Education)
Master of Inclusive and Special Education
Master of Teaching (Birth to Five Years)
Master of Teaching (Primary)
Master of Teaching (Secondary)
Graduate Certificate of Inclusive and Special Education
Graduate Diploma of Inclusive and Special Education
- Course Code: 097429B
- Course Type: Full Time
- Course Level: Masters/PG Degree
- Duration: 02 Year
-
Total Tuition Fee:
86400 AUD
Annual Cost of Living: 24505 AUD
Application Fee: N/A
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