Master of Economics (coursework or coursework and dissertation)

This course is designed for people who plan a career as economic researchers and decision makers in the public service and private sector. The coursework covers advanced topics in economics. Available units include microeconomics, macroeconomics, international economics, financial economics, resource economics, public economics, quantitative economics, economic history and economic development.

Course overview

Course title
Master of Economics (coursework or coursework and dissertation)
Award abbreviation
MEc
Course code
42620
Course type
master's degree by coursework or by coursework and dissertation
Status
current / 2018
Administered by
Faculty of Arts, Business, Law and Education
CRICOS code
003091A

Course details

Intake periods
Beginning of year and mid-year
Attendance type
full- or part-time (Student visa holders should read Education Services for Overseas Students Act 2000 for more information.)
Articulation
The Master of Economics has the following exit award: 42330 Graduate Diploma in Economics (48 points) (48 points)
Credit points required
96
A standard full-time load is 24 points per semester.
Standard course duration
1.5 years full-time (or equivalent part-time) comprising 72 points of taught units and 24 points of admission credit, as recognised and granted by the Faculty
Maximum course duration
2 years full-time (or equivalent part-time) comprising up to 96 points of taught study (see Rule 5 for further information)
Time limit
5 years
Delivery mode
internal
Locations offered
UWA (Perth)
Domestic fee type
Postgraduate fee-paying/FEE-HELP
Course Coordinator(s)
Dr Elisa Birch
Fees
Visit the fees calculator.

Prospective students should see the Future Students website for details on admission requirements, intake periods, fees, availability to international students, careers information etc.

Course structure

Key to availability of units:
S1 = Semester 1; S2 = Semester 2; N/A = not available in 2018; NS = non-standard teaching period

All units have a value of six points unless otherwise stated.

Note: Units that are indicated as N/A may be available in 2019 or 2020.

Students wishing to undertake the Master of Economics by coursework and dissertation must achieve a minimum WAM of 70 in their first 48 points of coursework to proceed with the dissertation component. Students who do not meet this minimum mark are still eligible for the Master of Economics (coursework).

Students may be required to complete relevant conversion units up to the value of 24 points, as advised by the Faculty.

Take all units (36 points):

AvailabilityUnitcodeUnitnameUnit requirements
NSECON4401Applied Econometrics and Research Methods
Prerequisites:
enrolment in the Bachelor of Commerce (Honours) (BH002) or completion of 144 points in the Bachelor of Philosophy (Honours) (BH005); and ECON2271 Business Econometrics
S1ECON4408Advanced Development Economics
Prerequisites:
for Master of Public Policy: ECON5540 Economic Analysis and Policy; or enrolment in Master of Economics, Master of International Development Economics and Development specialisation, or honours Economics specialisation
S2ECON4450Advanced International Trade
Prerequisites:
enrolment in one of the following: Master of Public Policy (42580); Master of Economics (42620); honours in the Economics specialisation (BH002) or completion of 144 points in the Bachelor of Philosophy (Honours) (BH005)
S2ECON4503Advanced Economic Analysis
Prerequisites:
a major in Economics or equivalent; or completion of 144 points in the Bachelor of Philosophy (Honours) (BH005)
S1ECON5508Advanced Macroeconomic Theory
S1ECON5509Advanced Microeceonomic Theory
Prerequisites:
ECON2233 Microeconomics: Policy and Applications

Take unit(s) as per sequence notes:

Note: For students undertaking by coursework ONLY, take units to the value of 36 points from Group A. For students undertaking by (coursework and dissertation), take units to the value of 12 points from Group A and units to the value of 24 points from Group B.
Group A
AvailabilityUnitcodeUnitnameUnit requirements
S1ECON4410Environmental and Resource Economics
Prerequisites:
enrolment in the Master of Professional Engineering Environmental Specialisation (62550) or the Master of Commerce (Advanced) (41650) or the Master of Economics (42620) or the Master of Professional Accounting (46210) or the Master of Agricultural Science (72510) or the Master of Environmental Science (72530) or the Master of International Development (71550) or the Master of Agricultural Economics (73530) or the Bachelor of Science (Honours) (BH004) or the Master of Ocean Leadership (62540)
Incompatibility:
ECON3311 Environmental and Resource Economics
N/AECON4504Advanced Quantitative Economics
Prerequisites:
enrolment in the Bachelor of Commerce (Honours); or completion of 144 points in the Bachelor of Philosophy (Honours)
S1ECON4507History of Economic Thought
Prerequisites:
enrolment in one of the following courses: Master of Public Policy; Master of Economics; or honours in the Economics specialisation
Incompatibility:
ECON3310 History of Economic Ideas offered in the Economics major
S2ECON5001Contemporary Issues in Economic Development
Prerequisites:
enrolment in the Master of Agricultural Science (72510) or the Master of Environmental Science (72530) or the Master of International Development (71550) or the Master of Geographic Information Science (71570) or the Master of Agricultural Economics (73530) or the Master of Economics (42620) or the Bachelor of Science (Honours) (BH004) or the Bachelor of Commerce (Honours) (BH002)
S2ECON5502International Finance and Markets
S1, S2ECON5506The Economics of Financial Markets
Prerequisites:
For Master of Commerce and Master of Economics students: ECON5541 Economics for Business: Applications and Policy or ECON5516 The Economics of Public Policy; for Master of Applied Finance students: a finance major or FINA5533 Finance Essentials and FINA5523 Financial Statement Analysis and Business Valuation and FINA5632 Investments and FINA5631 International Financial Analysis
S2ECON5510Consumer Behaviour and Demand Analysis
Prerequisites:
enrolment in the Master of Agricultural Economics (73530) or the Master of Economics (42620) or the Master of Agricultural Science (72510) or the Master of Science (70630) or honours in the Faculty of Science or honours in the Business School
S2ECON5511Climate, Energy and Water Economics
Prerequisites:
enrolment in the Master of Agricultural Economics (73530) or the Master of Economics (42620) or the Master of Agricultural Science (72510) or the Master of Science (70630) or honours in the Faculty of Science or honours in the Business School; ECON1120 Environmental Economics 1 or ECON1101 Microeconomics: Prices and Markets or ECON1102 Macroeconomics: Money and Finance or ECON2224 Environment Economics 2 or ECON4410 Environmental and Resource Economics (most recommended) or equivalent. Students who do not meet the prerequisites can contact the unit coordinator to discuss a possible exception.
S1ECON5513Applied Advanced Econometrics
Prerequisites:
ECON2271 Business Econometrics or equivalent
S1ECON5517Public Finance
Prerequisites:
ECON5516 The Economics of Public Policy
S2ECON5518Economics of Global Health and Policy
S2ECON5519Public Economics
Prerequisites:
enrolment in the Master of Public Policy (Economics specialisation) (42580) and completion of ECON5516 The Economics of Public Policy and ECON5540 Economic Analysis and Policy.
S1ENVT4402Analysis for Natural Resource Management
Prerequisites:
enrolment in Master of Agricultural Economics (73530) or Master of Environmental Science (72530) or Master of International Development (71550) or Master of Economics (42620) or honours in the Faculty of Science
Incompatibility:
ECON3320 Analysis for Natural Resource Economics

Take unit(s) as per sequence notes:

Note: Option B is ONLY for students doing Masters by coursework and dissertation. Students must take all FOUR units
Group B
AvailabilityUnitcodeUnitnameUnit requirements
S1, S2ECON5881Master's Dissertation (Economics) Part 1
Prerequisites:
Approval of the course coordinator.
S1, S2ECON5882Master's Dissertation (Economics) Part 2
Co-requisites:
ECON5881 Master's Dissertation (Economics) Part 1
S1, S2ECON5883Master's Dissertation (Economics) Part 3
Co-requisites:
ECON5881 Master's Dissertation (Economics) Part 1
S1, S2ECON5884Master's Dissertation (Economics) Part 4
Co-requisites:
ECON5881 Master's Dissertation (Economics) Part 1

See also the rules for the course and the Student Rules.

Rules

Applicability of the Student Rules, policies and procedures

1.(1) The student procedures apply, except as otherwise indicated in the rules for this course.

Academic Conduct Essentials module

2.(1) Except as stated in (2), a student who enrols in this course for the first time irrespective of whether they have previously been enrolled in another course of the University, must undertake the Academic Conduct Essentials module (the ACE module).

(2) A student who has previously achieved a result of Ungraded Pass (UP) for the ACE module is not required to repeat the module.

English Language competency requirements

3. To be considered eligible for consideration for admission to this course an applicant must satisfy the University's English language competence requirement as set out in the University Policy on Admission: Coursework.

Admission requirements

4. To be considered for admission to this course an applicant must have—

(a) (i) a bachelor's degree with a major in Economics, or an equivalent qualification, as recognised by UWA; and

(ii) the equivalent of a UWA weighted average mark of 65 per cent;

or

(b) (i) a Graduate Diploma in Economics, or an equivalent qualification, as recognised by UWA; and

(ii) the equivalent of a UWA weighted average mark of 65 per cent.

Admission ranking and selection

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

Articulations and exit awards

6.(1) This course has the following exit award:

  • 42330 Graduate Diploma in Economics (48 points)

(2) A student who withdraws from the Master of Economics course before completing it, but completes units to the value of 48 points towards the Master of Economics, may apply to the Faculty to be awarded the Graduate Diploma in Economics.

Course structure

7.(1) The course consists of units to a total value of 96 points (maximum value) which include conversion units to a value of 24 points.

(2) Units must be selected in accordance with the course structure, as set out in these rules.

(3) Students who have completed the relevant conversion units or equivalent, as advised by the Faculty, are granted credit for conversion units up to a value of 24 points.

Satisfactory progress

8.(1) Subject to (2), to make satisfactory progress in a calendar year a student must pass units to a value of at least half the total value of units in which they remain enrolled after the final date for withdrawal with academic penalty.

(2) A student must achieve an average mark of at least 60 per cent in the units in which they are enrolled.

[Approved addition to University Policy]

9. A student who has not achieved a result of Ungraded Pass (UP) for the ACE module when their progress status is assessed will not have made satisfactory progress even if they have met the other requirements for satisfactory progress in Rule 8.

Progress status

10.(1) Students who make satisfactory progress are assigned a progress status of 'Good Standing' by the Faculty and are permitted to re-enrol.

(2) Unless the Faculty determines otherwise in exceptional circumstances, students who fail to make satisfactory progress under Rule 8 are assigned a progress status of 'Excluded' by the Faculty.

(3) Students seeking to re-enrol in the course after being assigned a progress status of 'Excluded' must submit, after a period of at least 12 months, sufficient reason to the Faculty, in writing, demonstrating why an improvement in performance could reasonably be expected.

(4) Students who have been assigned a progress status of 'Excluded' and are subsequently permitted by the Faculty to re-enrol are assigned a progress status of 'On Probation' and must meet any conditions determined by the Faculty.

(5) Students who meet the conditions determined by the Faculty under (4), are assigned a progress status of 'Good Standing' by the Faculty.

(6) Students who have been assigned a progress status of 'On Probation' and who fail to meet conditions determined by the Faculty are assigned a progress status of 'Excluded'.

11. A student who does not make satisfactory progress in terms of Rule 9 is assigned the progress status of 'On Probation', unless they have been assigned a progress status of 'Suspended' or 'Excluded' for failure to meet other satisfactory progress requirements in Rule 8.

Award with distinction

12. To be awarded the degree with distinction a student must achieve a course weighted average mark (WAM) of at least 80 per cent in—

(a) all units above Level 3 attempted as part of the course that are awarded a final percentage mark;

(b) all relevant units above Level 3 undertaken in articulating courses of this University that are awarded a final percentage mark;

and

(c) all units above Level 3 completed at this University that are credited to the master's degree course.

Additional rules
Time limit

13.(1) The time limit is five calendar years from the date of first enrolment in the course, not including periods of suspension of candidature.

(2) The time limit for a student who has previously completed the requirements for the Graduate Diploma in Economics, or equivalent as recognised by the Faculty, is five years from the year in which the first unit was credited towards the master's course.

(3) In exceptional circumstances, the Faculty may extend the time limit by one or two semesters.