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 / 2022
Administered by
UWA Business School
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 School
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
Available to international students
Yes. For information on international student fees see 'Student Procedures: Fees'. (Enquiries: https://www.uwa.edu.au/askuwa)
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 2022; 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 2023 or 2024.

Students wishing to undertake the Master of Economics by coursework and dissertation must achieve a minimum WAM of 75 in their first 24 points of coursework (for students with 24 points of admission credit) or their first 48 points of coursework (for students without admission credit) to proceed with the dissertation component. Students who do not meet this minimum WAM 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 (24 points):

AvailabilityUnitcodeUnitnameUnit requirementsContact hours
S1ECON4402Microeconomic Theory
Prerequisites:
Enrolment in BH002 Bachelor of Commerce (Honours) Enrolment in or 42620 Master of Economics Enrolment in or CM002 Bachelor of Economics and Master of Economics ( Enrolment in BH005 Bachelor of Philosophy (Honours) and Successful completion of 144 credit points )
Co-requisites:
Nil.
Incompatibility:
Nil.
lectures/tutorials/seminars/workshops: up to 3 hours per week
S1ECON4418Macroeconomic Theory
Prerequisites:
Enrolment in BH002 Bachelor of Commerce (Honours) or 42620 Master of Economics Enrolment in or CM002 Bachelor of Economics and Master of Economics ( Enrolment in BH005 Bachelor of Philosophy (Honours) and Successful completion of 144 credit points )
Co-requisites:
Nil.
Incompatibility:
Nil.
lectures/tutorials/seminars/workshops: up to 3 hours per week
N/AECON5508Advanced Macroeconomic Theory
Prerequisites:
ECON4418 Macroeconomic Theory (ID 769)
Co-requisites:
Nil.
Incompatibility:
Nil.
lectures/seminars: up to 3 hours per week
S2ECON5509Advanced Microeceonomic Theory
Prerequisites:
ECON4402 Microeconomic Theory (ID 674)
Co-requisites:
Nil.
Incompatibility:
Nil.
lectures/seminars: up to 3 hours per week

Take unit(s) as per sequence notes:

Note: For students undertaking by coursework ONLY, take units to the value of 48 points from Group A of which 4 units must be at Level 5. For students undertaking by coursework and dissertation, take units to the value of 24 points from Group A and units to the value of 24 points from Group B.

Group A
AvailabilityUnitcodeUnitnameUnit requirementsContact hours
S2ECON4408Advanced Development Economics
Prerequisites:
Enrolment in CM002 Bachelor of Economics and Master of Economics
Co-requisites:
Nil.
Incompatibility:
Nil.
lectures/tutorials/seminars/workshops: up to 3 hours per week
S1ECON4410Environmental and Resource Economics
Prerequisites:
Enrolment in HON-ECONS Economics or HON-NRMGT Natural Resource Management or HON-ECNPF Professional Economics or 61550 Master of Professional Engineering or 42330 Graduate Diploma in Economics or 42620 Master of Economics or 42580 Master of Public Policy or 72530 Master of Environmental Science or 62550 Master of Professional Engineering or 73530 Master of Agricultural Economics or 62540 Master of Ocean Leadership
Co-requisites:
Nil
Incompatibility:
Nil
lectures: 2 hours; tutorials: 1 hour; labs: 1 hour (4 hours/week for 12 weeks)
S2ECON4413Applied Advanced Econometrics
Prerequisites:
Enrolment in or 42620 Master of Economics Enrolment in or CM002 Bachelor of Economics and Master of Economics
Co-requisites:
Nil.
Incompatibility:
Nil.
lectures/tutorials/seminars/workshops: up to 3 hours per week
N/AECON4450Advanced 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) Enrolment in the Bachelor of Commerce (Honours) (BH002) or completion of 144 points in the Bachelor of Philosophy (Honours) (BH005) or enrolment in the Master of Public Policy (42580) or Master of Economics (42620) or Master of Agriculture Economics (73530).
Co-requisites:
Nil.
Incompatibility:
Nil.
lectures/tutorials/seminars/workshops: up to 3 hours per week
S1ECON4503Advanced Economic Analysis
Prerequisites:
Enrolment in the Bachelor of Commerce (Honours) (BH002) or completion of 144 points in the Bachelor of Philosophy (Honours) (BH005) or enrolment in the Master of Economics (42620).
Co-requisites:
Nil.
Incompatibility:
Nil.
lectures/tutorials/seminars/workshops: up to 3 hours per week
S1ECON4504Advanced Quantitative Economics
Prerequisites:
Enrolment in the Bachelor of Commerce (Honours) (BH002) or completion of 144 points in the Bachelor of Philosophy (Honours) (BH005) .
Co-requisites:
Nil.
Incompatibility:
Nil.
lectures/tutorials/seminars/workshops: up to 3 hours per week
N/AECON4507History of Economic Thought
Prerequisites:
Enrolment in the Bachelor of Commerce (Honours) (BH002) or completion of 144 points in the Bachelor of Philosophy (Honours) (BH005) or enrolment in the Master of Economics (42620) or Master of Public Policy (42580).
Co-requisites:
Nil.
Incompatibility:
ECON3310 History of Economic Ideas offered in the Economics major
lectures/tutorials/seminars/workshops: up to 3 hours per week
S2ECON5001Economic Development in Theory and Practice
Prerequisites:
Enrolment in 42620 Master of Economics or 72530 Master of Environmental Science or 71550 Master of International Development or 71570 Master of Geographic Information Science or 73530 Master of Agricultural Economics or 62540 Master of Ocean Leadership
Co-requisites:
Nil
Incompatibility:
Nil
lectures/tutorials/labs: 4 hours per week (for 10 weeks)
N/AECON5502International Finance and Markets
Prerequisites:
Nil.
Co-requisites:
Nil.
Incompatibility:
Nil.
for standard teaching period, lectures: 3 hrs per week
S1, S2ECON5506The Economics of Financial Markets
Prerequisites:
Enrolment in 41680 Master of Commerce or 42620 Master of Economics or ( ECON5541 Economics for Business: Applications and Policy or ECON5516 The Economics of Public Policy ) or ( FINA5533 Finance Essentials and FINA5632 Investments )
Co-requisites:
Nil.
Incompatibility:
Nil.
lectures/seminars/workshops: up to 3 hours per week
N/AECON5510Consumer Behaviour and Demand Analysis
Prerequisites:
Enrolment in 42620 Master of Economics or 73530 Master of Agricultural Economics
Co-requisites:
Nil
Incompatibility:
Nil
lectures/tutorials: 3 hours per week for 10 weeks
S2ECON5511Climate, Energy and Water Economics
Prerequisites:
Enrolment in HON-ENVSC Environmental Science or HON-NRMGT Natural Resource Management or 72530 Master of Environmental Science or 73530 Master of Agricultural Economics or 73540 Master of Petroleum Geoscience or 62540 Master of Ocean Leadership and Successful completion of one Unit(s) ECON1120 Environmental Economics 1 or Unit(s) ECON1101 Microeconomics: Prices and Markets or Unit(s) ECON1102 Macroeconomics: Money and Finance or Unit(s) ECON2224 Environmental Economics 2
Co-requisites:
Nil
Incompatibility:
Nil
lectures/tutorials: 3 hours per week for 10 weeks
S2ECON5513Applied Advanced Econometrics
Prerequisites:
ECON2271 Business Econometrics or equivalent
Co-requisites:
Nil.
Incompatibility:
Nil.
lectures/tutorials/seminars/workshops: up to 3 hours per week
S1ECON5517Public Finance
Prerequisites:
Enrolment in the Master of Economics or the Master of Public Policy
Co-requisites:
Nil
Incompatibility:
Nil
seminars: 3 hours per week
S2ECON5518Economics of Global Health and Policy
Prerequisites:
Nil
Co-requisites:
Nil
Incompatibility:
Nil
seminars: 3 hours per week
S2ECON5519Public Economics
Prerequisites:
enrolment in the Master of Public Policy (Economics specialisation) (42580) and completion of ECON5516 The Economics of Public Policy or enrolment in the Master of Economics
Co-requisites:
Nil
Incompatibility:
Nil
lectures/tutorials/seminars/workshops: up to 3 hours per week
S1ECON5520Text-to-Data Applications and Novel Data Sources
Prerequisites:
Successful completion of MGMT5504 Data Analysis and Decision Making (ID 3513) or equivalent or Enrolment in 42630 Master of Business Analytics
seminars: 3 hours per week for 12 weeks
S1ECON5570Health Analytics
seminars: up to 3 hours per week for 12 weeks
S1ENVT4402Analysis for Environmental Management
Prerequisites:
Enrolment in HON-CONBI Conservation Biology or HON-ENVSC Environmental Science or HON-NRMGT Natural Resource Management or 42330 Graduate Diploma in Economics or 42620 Master of Economics or 72530 Master of Environmental Science or 73530 Master of Agricultural Economics
Co-requisites:
Nil
Incompatibility:
Nil
10 half days. The total workload for the unit is 150 hours.
NS, S1, S2WILG5001Professional Development Practicum A
Prerequisites:
Completion of 24 points of post graduate units and approval from the unit coordinator.
Co-requisites:
Nil.
Incompatibility:
Nil.
150 hours for pre-placement, placement and post-placement activities

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 requirementsContact hours
S1, S2ECON5881Master's Dissertation (Economics) Part 1
Prerequisites:
approval of the course coordinator
Co-requisites:
Nil.
Incompatibility:
Nil.
S1, S2ECON5882Master's Dissertation (Economics) Part 2
Prerequisites:
Nil.
Co-requisites:
ECON5881 Master's Dissertation (Economics) Part 1
Incompatibility:
Nil.
S1, S2ECON5883Master's Dissertation (Economics) Part 3
Prerequisites:
Nil.
Co-requisites:
ECON5881 Master's Dissertation (Economics) Part 1
Incompatibility:
Nil.
S1, S2ECON5884Master's Dissertation (Economics) Part 4
Prerequisites:
Nil.
Co-requisites:
ECON5881 Master's Dissertation (Economics) Part 1
Incompatibility:
Nil.

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

Rules

Applicability of the Student Rules, policies and procedures

1.(1) The Student Rules apply to students in this course.

(2) The policy, policy statements and guidance documents and student procedures apply, except as otherwise indicated in the rules for this course.

Academic Conduct Essentials and Communication and Research Skills modules

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) and the Communication and Research Skills module (the CARS module).

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

(3) A student must successfully complete the ACE module within the first teaching period of their enrolment. Failure to complete the module within this timeframe will result in the student's unit results from this teaching period being withheld. These results will continue to be withheld until students avail themselves of a subsequent opportunity to achieve a passing grade in the ACE module. In the event that students complete units in subsequent teaching periods without completing the ACE module, these results will similarly be withheld. Students will not be permitted to submit late review or appeal applications regarding results which have been withheld for this reason and which they were unable to access in the normally permitted review period.

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) a Bachelor's degree, or an equivalent qualification, as recognised by UWA;

and

(b) the equivalent of a UWA weighted average mark of at least 50 per cent;

and

(c) successfully completed prior tertiary study in economics or in a related cognate discipline as recognised by UWA.

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 School 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 Communication and Research Skills module (the CARS 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 which is calculated based on—

(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.

Deferrals

13. Applicants awarded admission to the course are entitled to a deferral of up to 12 months, as per the University Policy on: Admissions (Coursework).


Additional rules
Time limit

14.(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.