Master of Advanced Economics

Apply economic thinking to complex global challenges

Want to explore a whole new world of thinking? Where finding the right questions is almost as important as finding answers to them; where logic, systematic development of argument and attention to evidence and data are more important than ever before; and where independent and creative approaches to ideas are highly valued?

Our Master of Advanced Economics is suited to students with high-level economic understandings and quantitative skills, who want to move into cutting-edge research.

What will you do?

  • Hone your knowledge in advanced econometrics, micro and macroeconomics.
  • Partner with an academic supervisor who’ll support and encourage your intellectual development.
  • Undertake research projects and complete a major thesis.

Where could it take you?

This program offers a direct pathway into research-based degrees such as the Doctor of Philosophy (PhD) or the Master of Philosophy (M.Phil) in Economics. You’ll also be ready to move into jobs with private and public employers that ask for high level economic research skills.

You might design policies to distribute water and natural resources between farmers, industry and consumers. You could prepare interest rate recommendations for central banks, evaluate development aid policies or advise on the impact of trade agreements on jobs, investment and wages. Perhaps you’ll look into the structure of the health care system or the economic impact of carbon taxes.

Note:  There is only one commencement intake each year, in February, for this degree.  Typically, classes start in late February.

  • Ranked No.1 for Economics in South Australia^
  • Australia's #1 University for Entrepreneurship Education^
  • Direct pathway into research-based degree

^QS World University Rankings, 2021

Entry Requirements

Please note: For programs including placements and/or study-related activities in settings where COVID-19 vaccination is mandatory, it is an inherent requirement that all students be fully vaccinated prior to undertaking the placement and/or study-related activity.
For our students who are studying offshore in 2022, the University will continue to offer high-quality access to the learning resources remotely for most programs. This includes all lectures, tutorials and other support material. Students will be advised in advance if there are course components that cannot be provided in remote mode and, wherever possible, offered alternative courses.
Please refer to the COVID-19 FAQ page for further information and a list of programs where in-person attendance is required.

Choose your applicant type to view the relevant admissions information for this program.
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Domestic applicants

SATAC Code 3CM195
Selection Criteria
Graduate entry

Higher Education Study A completed bachelor degree in Economics or equivalent with a GPA of at least 5.5 AND grades of credit or higher in Intermediate Microeconomics, Intermediate Macroeconomics and Intermediate Econometrics courses AND approval of the Postgraduate Coursework Program Coordinator.

Alternative pathway: Students may enter this degree from the Master of Applied Economics.
How to Apply
SATAC Code: 3CM195

Fees and Scholarships

Choose your applicant type to view the relevant fees and scholarships information for this program.
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Domestic applicants

Indicative annual tuition fees
Australian Full-fee place: $37,000

Where the standard duration of the program is less than one year the full cost of the program is displayed.


These scholarships, as well as many others funded by industry and non-profit organisations, are available to potential and currently enrolled students.

Find a Scholarship.


Career Readiness

On completion of this degree, graduates will have the knowledge and skills to pursue a career as a banker, consultant, data analyst, policy adviser, econometrician, economic researcher, economist or public servant.

The University of Adelaide Careers Service prepares, inspires and empowers students to achieve successful career transitions and connect with industry.

Potential careers

Banker, Data Analyst, Policy Adviser, Econometrician, Economic Researcher, Economist, Public Servant

Degree Structure

This master's degree is a 36-unit program of study.
  • Students take 24 units of core courses including four 3-unit courses and a 12-unit dissertation (the dissertation providing the capstone experience).
  • Students also choose 12 units of elective courses.

Example Study Plan

Indicative Study Plan
Core Courses ECON 7086: Advanced Macroeconomics V  or  ECON 7122: Macroeconomics IV
ECON 7087: Advanced Microeconomic Theory V  or  ECON 7121: Microeconomic Theory IV
ECON 7202: Advanced Econometrics V  or  ECON 7204: Econometrics IV
ECON 7109: Economics Minor Research Project
ECON 7230: Economics Dissertation (12 units)
Electives Four courses not previously taken, chosen from the following:

ECON 7067: Economic Development IV
ECON 7086: Advanced Macroeconomics V
ECON 7087: Advanced Microeconomic Theory V
ECON 7100: International Finance IV
ECON 7102: International Trade IV
ECON 7115: Public Economics IV
ECON 7121: Microeconomic Theory IV
ECON 7122: Macroeconomics IV
ECON 7202: Advanced Econometrics V
ECON 7204: Econometrics IV
ECON 7223: Advanced Time Series Econometrics IV
ECON 7220: Challenges Facing Economic Policy Makers


Assessment is based on a range of methods. Typical examples of those methods include examinations, tests, individual or group assignments, projects, presentations, online quizzes, and tutorial work.  Students must also write a dissertation which will include an oral defence.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.

Last updated: Thursday, 3 Nov 2022