Master of Applied Economics
Take on economic challenges
Economists analyze the decisions of individuals, governments and businesses and their impact on our lives and welfare.
Armed with these insights, they can give expert advice on business strategy, understand the background behind the news, influence public policy for a better world and make informed personal financial decisions.
What will you do?
Our Master of Applied Economics is suited to students with or without prior knowledge in the field. You will:
- hone your understanding of incentives, opportunity costs, trade-offs, supply and demand, and efficiency
- apply economic concepts to a range of fields—from public policy and finance to international trade and natural resources
- practice advanced techniques for analyzing and managing data
- explore economic growth and development and the organization of markets.
Where could it take you?
Economics graduates go on to all sorts of exciting careers and research pathways. You might assess telecommunications mergers as an economic analyst, or reform regulatory frameworks for public forests as a policy officer with state government. You could work on the stock market, in an aid agency researching the best return on aid donations or in banking and financial services. Perhaps you’ll use your analytics and modeling skills to develop optimal strategies for efficient HR recruitment.
The campus provides a mix of the historical and contemporary, combining old sandstone buildings with state-of-the-art teaching, learning and research facilities.
Application Processing Time in Days: 10
Minimum English Language Requirements
|English Level Description||IELTS (1.0 -9.0)||TOEFL IBT (0-120)||TOEFL CBT (0-300)||PTE (10-90)|
|Extremely Limited||< 4||< 31||< 93||< 30|
Job Opportunity Potential
There are three key steps you will need to take when addressing the selection criteria in any University of Adelaide job application:
- Create a new document. Your statement addressing the position’s specified selection criteria should be separate from your cover letter and resume.
- List each criterion separately. Give each a title, using exactly the same wording as appears on the Position Description (e.g. Excellent verbal communication skills).
- Address each criterion. Under each heading, write two short paragraphs explaining how your experience, skills, education and training equip you to meet that specific requirement. Dot points are also acceptable.
Please note that failing to submit a statement addressing the selection criteria could result in your application not being considered.
Some helpful writing tips
There are a number of steps you can take when putting together your responses to increase their clarity and impact.
- Give details of one or two specific things you’ve done that are good examples of the relevant experience or knowledge required. For example: ‘I was responsible for organising an event attended by… This involved…'
- Preface these examples with a short overview that shows you appreciate the relevance of the specific criterion.
- Quantify your experience (number of years worked, staff supervised, etc.). For example: ‘I delivered a presentation to an industry forum with an audience of 80 people.’
- Where possible, indicate how successfully you meet the criterion. You could do this by referring to feedback from others, or things you've set up that are still being used. For example: ‘A report I wrote about… was endorsed by the… Committee and circulated to all stakeholders for discussion.
You could also consider using the STAR method as a structural framework when describing examples of your work. This involves describing, in the order listed here, the:
- situation you faced
- task required, and desired outcome
- action you took to complete the task
- results you achieved, and lessons you learned.
Master of Applied Economics graduates are ready for a range of rewarding careers with leading business, government or not-for-profit organisations.
Our graduates are working in roles such as managers, directors, business analysts and statisticians for organisations all over the world, including:
the World Bank Group
the United Nations Statistical Institute for Asia and the Pacific
Friedland Capital Inc.
Market Researcher, Banker, Policy Adviser, Economist, Public Servant, Financial Analyst, International Government and Trade Policy Adviser
The additional year of post study work rights is not available to international students studying in Sydney, Melbourne or Brisbane.
Bachelor Degree or Masters by Coursework Degree - 2 years - 3 years (Adelaide)
Masters by Research - 3 years - 4 years (Adelaide)
PhD qualification - 4 years - 5 years (Adelaide)
Admission Requirement / Eligibility Criteria
Entry to postgraduate coursework programs as a minimum requires a Bachelors degree or equivalent qualification from an approved institution as a qualification for entry.
Some of the graduate certificates and graduate diplomas that are offered may be accepted as qualifying work for entry to a Masters program, or as professional qualifications in their own right.
IELTS Overall 6.5 Reading 6 Listening 6 Speaking 6 Writing 6
TOEFL Overall 79 Reading 20 Listening 20 Speaking 23 Writing 27
- Course Code: 092238E
- Course Type: Full Time
- Course Level: Masters/PG Degree
- Duration: 02 Year
Total Tuition Fee:
Annual Cost of Living: 21041 AUD
Application Fee: 100 AUD
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