This flexible two-year postgraduate degree will prepare you for work as a professional economist. You'll develop an advanced knowledge and practical skills in Economics.

 

Faculty
UNSW Business School
Delivery Mode
Face-to-face (includes blended), Online
Award
Master of Applied Economics
Commencing Terms
Term 1, Term 3
Duration (Full Time)
1 - 2 Year(s)

Overview

The Master of Applied Economics is a flexible two-year degree designed to prepare professional economists. Graduates will gain broad and advanced knowledge and practical skills in Economics with a wide selection of expertise in research and communication skills.

A practicum is available for students seeking work experience in the field of Economics. This program is delivered face-to-face and online to allow for most flexibility and accommodate various learning styles.

Who should choose this degree?

Professionals looking to upskill in the field of Economics and pursue ongoing professional development.

Why study this degree at UNSW?

If you're interested in developing capabilities in Economics, including global and cultural competencies, critical thinking, and business communication skills this degree is designed for you. 

You'll study at UNSW Business School which equips the next generation of business professionals with the skills to thrive in an ever-changing world.

 

Program Code
8429
CRICOS Code
102633G
Campus
Kensington
Total Units of Credit (UOC)
96

Want to see more from UNSW Business School?

Entry requirements

You will need to have graduated from a recognised bachelor's degree from an Australian university or equivalent overseas institution with a minimum overall grade of 65%, as determined by UNSW Postgraduate Coursework Entry Calculator.

Your prior learning can be recognised to reduce the program duration. For students with Bachelor of Economics or Bachelor of Business degree with economics specialisation or equivalent, Honours or Graduate Diploma, the 5 core courses may be waived.

For students with prior work experience of at least one year in the private or public sector (for example, clerical or administrative work in a commercial, not-for-profit or public service organisation, supervisory or management, banking, finance or marketing experience or other business-related positions) the prescribed economics practicum may be waived.

Additionally, students who have completed the Graduate Certificate in Economics (7412) with a minimum WAM of 65% can apply to articulate into this Masters coursework program and will receive 24 UOC of Advanced Standing.

Assumed knowledge

A level of knowledge equivalent to a first-year undergraduate mathematics subject is assumed. Students without such knowledge are advised to contact the Postgraduate Program Coordinator in Economics, complete an appropriate self-assessment of university mathematics knowledge before the commencement of their first term and complete a Maths bridging course where appropriate.

English language requirements

 

You may be asked to provide evidence of your English proficiency to study at UNSW depending on your educational background and citizenship. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why UNSW requires a minimum English language competency for enrolment.

If you’re completing an Australian Year 12 qualification (e.g. NSW HSC or equivalent), you do not need to provide anything extra to prove your proficiency. Your qualification will be used as evidence of your English proficiency.

If you do need to provide evidence of your English proficiency, this will be indicated in your application. You can prove this by providing evidence that you meet one or more of the following criteria:

UNSW Global offers courses and programs designed to help you reach the English language level required for entry into your chosen degree. Different options are available depending on your current English language level. Learn more.

Recognition of Prior Learning

If you are applying for a Masters’ degree, up to five courses, or 30 Units of Credit (UOC) may be awarded based on your previous business studies (bachelor or higher). An additional 12 Units of Credit for the Economics Practicum may be awarded for having at least one year of prior work experience in the private or public sector. You’ll be notified of the credits in your official letter of offer.

You will need to have graduated from a recognised bachelor's degree from an Australian university or equivalent overseas institution with a minimum overall grade of 65%, as determined by UNSW Postgraduate Coursework Entry Calculator.

Your prior learning can be recognised to reduce the program duration. For students with Bachelor of Economics or Bachelor of Business degree with economics specialisation or equivalent, Honours or Graduate Diploma, the 5 core courses may be waived.

For students with prior work experience of at least one year in the private or public sector (for example, clerical or administrative work in a commercial, not-for-profit or public service organisation, supervisory or management, banking, finance or marketing experience or other business-related positions) the prescribed economics practicum may be waived.

Additionally, students who have completed the Graduate Certificate in Economics (7412) with a minimum WAM of 65% can apply to articulate into this Masters coursework program and will receive 24 UOC of Advanced Standing.

UNSW Business School English Language Requirement
International students are required to satisfy the UNSW Business School English Language requirement of IELTS 7.0 overall (minimum 6.0 in each subtest) or equivalent test.

Assumed knowledge

A level of knowledge equivalent to a first-year undergraduate mathematics subject is assumed. Students without such knowledge are advised to contact the Postgraduate Program Coordinator in Economics, complete an appropriate self-assessment of university mathematics knowledge before the commencement of their first term and complete a Maths bridging course where appropriate.

English language requirements


You may be asked to provide evidence of your English proficiency to study at UNSW depending on your educational background and citizenship. English language skills are vitally important for coping with lectures, tutorials, assignments and examinations - this is why UNSW requires a minimum English language competency for enrolment.

If English is not your first language, you’ll need to provide proof of your English proficiency before you can be given an offer to study at UNSW. You can do this by providing evidence that you meet one or more of the following criteria:

UNSW Global offers courses and programs designed to help you reach the English language level required for entry into your chosen degree. Different options are available depending on your current English language level. Learn more.

Check the specific English language requirements for this program

Recognition of Prior Learning

If you are applying for a Masters’ degree, up to four courses, or 24 Units of Credit (UOC) may be awarded based on your previous business studies (bachelor or higher). You’ll be notified of the credits in your official letter of offer.

Program structure

You’ll first undertake five core courses covering quantitative methods for business, business economics, microeconomics, macroeconomics and econometrics. You’ll then complete an economics practicum and choose your remaining courses from a range of prescribed electives.

This degree is delivered face-to-face and online to allow for the most flexibility and to accommodate various learning styles. For current and detailed course information, visit the Applied Economics Handbook.

Future careers

UNSW Business School's Career Accelerator portfolio offers students exclusive access to a suite of for-credit, co-curricular and business experience opportunities to kick start your career.

Potential careers

  • Economist
  • Policy Advisor
  • Banker
  • Financial Analyst
  • Strategy Consultant
  • Operations Consultant
  • Government official

How to apply

Applications must be submitted through our Apply Online portal. We encourage you to submit your completed application as early as possible to ensure it will be processed in time for your preferred term. Some high-demand programs and Faculties with limited places may have an earlier application deadline or commencement date. Find out more.

Ready to start your application?

For most international students, applications are submitted via our Apply Online service. We encourage you to submit your completed application as early as possible to ensure it will be processed in time for your preferred term.

Some high-demand programs with limited places, may have an earlier application deadline or may have an earlier commencement date. For more information visit our international applicant information page.

Ready to start your application?

Fees & Scholarships

2022 Indicative First Year Fee
$50,200*
2022 Indicative Fee to Complete Degree
$101,385*

There is a limited number of Commonwealth Supported Places available for this degree. The indicative tuition fee for domestic postgraduate students shown is for fee-paying students, not students in Commonwealth Supported Places. To find out more about the student contribution amounts for Commonwealth Supported Places visit Postgraduate Commonwealth Support.

*Fees are subject to annual review by the University and may increase annually, with the new fees effective from the start of each calendar year. The indicative fees listed here are based on an estimated average and are for tuition only other fees and charges are not included. The amount you pay will vary depending on the calendar year to enrol, the courses you select and whether your study load is more or less than 1 Equivalent Full Time Student Load (8 courses per year). Indicative fees are a guide for comparison only based on current conditions and available data. You should not rely on indicative fees. More information on fees can be found at the UNSW fees website

Indicative fees to complete the program have been calculated based on a percentage increase for every year of the program. Fee increases are assessed annually and may exceed the indicative figures listed below.

2022 Indicative First Year Fee
$50,200*
2022 Indicative Fee to Complete Degree
$101,385*

*Fees are subject to annual review by the University and may increase annually, with the new fees effective from the start of each calendar year. The indicative fees listed here are based on an estimated average and are for tuition only other fees and charges are not included. The amount you pay will vary depending on the calendar year to enrol, the courses you select and whether your study load is more or less than 1 Equivalent Full Time Student Load (8 courses per year).

Indicative fees are a guide for comparison only based on current conditions and available data. You should not rely on indicative fees. More information on fees can be found at the UNSW fees website.

Indicative fees to complete the program have been calculated based on a percentage increase for every year of the program. Fee increases are assessed annually and may exceed the indicative figures listed below.

Indicative fees to complete the program include tuition plus an estimate of study-related costs of approximately $1,000 per year. To find out more about other costs, visit UNSW International.

Scholarships


At UNSW, we award over $83 million in scholarships each year. We pride ourselves on rewarding excellence and making university accessible to students from all walks of life. Whether you’re a domestic or international student, our range of scholarships, prizes and awards can support your journey.


  • Top 50
    Worldwide

    QS World University Rankings, 2022.

  • Most
    Employable Graduates

    AFR Top 100 Future leaders Award.

  • Leading
    Innovation

    #1 Australian uni attended by start-up founders.

The learning culture at UNSW, which challenges the status quo, helped set me apart from others.
Alumni, Harry Goldberg

Harry Goldberg

Founder

Stay in the loop!

Sign up and we'll keep you updated on degree information, scholarships and upcoming events.

Thank you! 

We will be in touch soon!

Oops!

There was an error but we're working on it!