GraduateEconomics

Master of Economics

Monash University, Melbourne, VIC, Australia

About this program

Monash's Master of Economics builds advanced theoretical understanding of economics alongside its practical application to government and business decision-making, aimed at early-career economists and recent graduates who want to deepen their expertise in applied economic analysis and independent research. Students can develop deep knowledge in development economics or policy economics, or build a custom stream by selecting units that match their specific career goals, covering areas like competition policy, project evaluation, pricing, risk and regulation. The course blends conceptual theory with practical application from the start rather than saving real-world context for later units, reflecting its target audience of students who already have some economics background and want to extend it rather than start from scratch. It suits graduates aiming for economist roles in government, the corporate sector or research institutions, particularly those wanting exposure to the global economy and international economic policy questions.

Fees & duration

Duration2 yr
Tuition (international)A$61,700
Application feeA$125

English test scores

IELTS6.5 overall (W6)
PTE58 overall

Verified monash.edu ↗

Course structure

  • The course comprises 96 credit points structured in four parts: Part A. Advanced preparatory studies (24 credit points)
  • Part B. Core studies (30 credit points)
  • Part C. Discipline studies (18 credit points) and Part D. Elective studies (24 credit points) Units are 6 credit points unless otherwise stated. You must complete either a Coursework or Research pathway Part A. Advanced preparatory studies (24 credit points) You must complete the following units. ECC2551 Mathematical economics or ETF2700 Mathematics for business or ETC2440 Mathematics for economics and business ECF5923 Macroeconomic policy or ECC5901 Macroeconomics ECF5927 Managerial economics or ECC5900 Microeconomics ETF5910 Introductory applied econometrics or ETC2410 Introductory econometrics Part B. Core studies (30 credit points) Coursework pathway You must complete the following three units (24 credit points): ECF5410 ..

Career & PR pathway

Occupations this degree typically leads to, and their skilled-migration list status

EconomistANZSCO 224311

Primary outcomeMLTSSL

On MLTSSL, supporting the 189, 190, and 491, via VETASSESS assessment.

Assessed by VETASSESS

List membership changes over time and does not guarantee an invitation. See the skilled occupation lists guide and the points calculator before relying on this for a visa decision.

Admissions

Entry level 1: 96 points to complete Duration: 2 years full-time, 4 years part time An Australian bachelor degree (or equivalent), with at least a high credit (65%) average or an equivalent GPA. Entry level 2: 72 points to complete Duration: 1.5 years full-time, 3 years part time An Australian bachelor degree (or equivalent) in a cognate discipline* with at least a high credit (65%) average, or equivalent qualification and experience approved by the faculty. or An Australian bachelor degree (or equivalent) and an Australian graduate certificate (or equivalent) in a cognate discipline* with at least a high credit (65%) average in both qualifications, or equivalent qualification and experience approved by the faculty. or A four-year Australian bachelor honours degree (or equivalent) with at least a high credit (65%) average, or equivalent qualification and experience approved by the fac...

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