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postgraduate

Degree

Master of Applied Economics (Coursework)

Course code: #C000062C

postgraduate

Degree

Master of Applied Economics (Coursework)

Quick facts

  • Annual tuition (2024)

    $43,200 AUD

  • Application fee

    Free

  • Duration

    2 years

  • PSW

    3 years

  • Min GPA

    50 out of 100

  • CRICOS code

    097429B

Highlights
Project

These are mandatory and all come with course.

Deadlines

Term start& deadline Deadline
Fall-February 05-February-2024 2024-02-05
Winter-July 08-July-2024 2024-07-08
Fall-February 05-February-2025 2025-02-05
Winter-July 08-July-2025 2025-07-08

Overview

Master of Applied Economics

Economic decision-making by governments, businesses and individuals can significantly impact our lives, behaviour and well-being. 

Applied economic analysis is 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, and the organisation and structure of markets.

Distinct from other degrees, Macquarie's Master of Applied Economics places significant importance on context and applying theory to solving real-world problems.

It allows you to undertake interdisciplinary studies, recognising that applied economists work in increasingly diverse fields that cross traditional discipline boundaries.

Key features

  • Take your career to the next level
  • Boost your employability by studying genuine economic challenges
  • Acquire the transferable skills employers are looking for
  • Demonstrate ethical reasoning

Estimate your cost

Residency
Count of person

$55,824

Total costs

yearly

Details


Cost of living 1 person $10,920
Accommodation 1 bed room $12,624
Tuition 1 person $43,200

Hourly wage

Min wage

23.23 AUD / 1 hour

in Australia every student can work 48 hour per fortnight

Required documents

  • Certified copies of Academic/Official Transcripts
  • Certified copies of award certificates or completion certificates from previously completed studies
  • Certified copies of Language Proficiency (If Applicable)
  • Certified copy of Passport or Visa Documents

Language requirements

GRE
not required
GMAT
not required

IELTS

6.5
6
listening
6
writing
6
speaking
6
reading

TOEFL

83
12
listening
21
writing
18
speaking
13
reading

PTE

58
52
listening
52
writing
52
speaking
52
reading

Cambridge

180
169
listening
169
writing
169
speaking
169
reading
Language pathway (conditional offer) is available

Duolingo overall 115 with no band less than 110*

*Duolingo English Test (DET) is accepted as a COVID measure for applicants from mainland China only up until 30 November 2023.

The following online English tests are no longer recognised as of 1 May 2023:

  • IELTS Indicator / IELTS Online
  • TOEFL iBT Home Edition
  • PTE Academic Online

Students who do not meet the English language requirements but are otherwise eligible for a program of study may be issued an offer that includes an English preparation program at the Macquarie University English Language Center (i.e., a packaged offer). 

International students with a packaged offer can apply for a single student visa covering their English preparation program and course of study at Macquarie University.

Entry Requirement  (Overall)Number of estimated weeks to reach required IELTS score (Overall)
IELTSTOEFL iBT

Pearson

(PTE)

5.56.06.57.07.5
4.0443030-4040-5050+50+50+
4.5523520-3030-4040-5050+50+
5.0604110-2020-3030-4040-5050+
5.566491-1010-2020-3030-4040-50
6.07350 1-1010-2020-3030-40
6.58358  1-1010-2020-30
7.010065   1-1010-20

Academic background and requirement

2 years:

  • AQF level 7 bachelor's qualification or recognised equivalent

 

1.5 years:

  • AQF level 7 bachelor's qualification in a related field or recognised equivalent

or

  • AQF level 7 bachelor's qualification or recognised equivalent, and a minimum of two years relevant approved work experience, professional certification or other recognised prior learning

Related fields for prior qualifications

Accounting, Business, Commerce, Economics, Econometrics, Actuarial Studies, Banking, Finance, Insurance, Management, Supply Chain, Valuation, Political Economy, Philosophy and Economics, Science, STEM-focused degrees, Public and Healthcare Management

Relevant experience

Professional work experience includes roles requiring technical or specialist expertise or managerial / decision making functions with broad knowledge or skills in key concepts or principles in Economics.

 

Assumed knowledge

None.

Recommended studies

None.

China:  60%

India:   50%

 

Masters qualifying programs

The programs will equip you with the necessary digital, information and academic literacies and the numeracy skills required for postgraduate studies in Australia.

Upon completing your chosen program, you can articulate into a range of master's degrees in the Macquarie Business School and the Faculty of Science and Engineering.

Career opportunities

  • Economist
  • Financial adviser or analyst
  • International policy adviser
  • Market analyst
  • Market or social researcher
  • Policy adviser
  • Public servant
  • Statistician

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