Master of Economics and Resource Policy
Lead and develop economic and resource sustainability
Experience the synergy of economics and resource policy like never before. This program offers a unique blend of economic expertise with resource management acumen, empowering you to make smart, sustainable choices in a world hungry for change. Dive deep into the intricate world of economic study and examination, policy formulation, and resource allocation while honing your skills to ensure equitable access to vital resources, from clean air and water to sustainable energy. Be at the forefront of shaping policies that not only safeguard economic stability but also protect our environment and promote social equity.
Join us on this journey to become a leader in the dynamic intersection of economics and resource policy, where your expertise will drive a brighter, more sustainable future.
What will you do?
Completed over two years, our Master of Economics and Resource Policy is designed to enhance your employability, with practical skills for both academic and professional success. You will:
- explore concepts like incentives, opportunity costs, trade-offs, externalities, and efficiency
- apply economic principles across various domains, including public policy, international trade, agribusiness, and natural resources
- learn advanced methods for examining, modelling and analysing data
- craft economic reports, written summaries of current events, and research projects
- develop interpersonal and soft skills for effective communication
- secure your pathway to a PhD.
You’ll also have access to our dedicated support services, such as the Economics Drop-in Centre, Writing Centre, and Maths Learning Centre, to help your Masters journey be as smooth as possible.
Equipped with newfound insights, you'll be empowered to offer expert advice on corporate strategies, unravel the context behind current events, shape public policies for a more promising world, and navigate your own personal choices with discernment.
Where could it take you?
Our graduates pursue a wide range of exciting careers and research trajectories. As an economic analyst, you might evaluate corporate strategies. As a policy analyst within government, you could spearhead the overhaul of regulatory frameworks. Opportunities also extend to stock markets, the expansive arena of food, agriculture and resource industries, and the dynamic domain of banking, financial services, and consulting. Your analytic and modelling skills might even be channelled towards devising strategies for resource allocation in aid agencies.
Hear from staff and students
Hear from our staff and students about the exciting new Master of Economics and Resource Policy at the University of Adelaide.
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Entry Requirements
Choose your applicant type to view the relevant admissions
information for this program.
I am a:
Before applying make sure you understand the eligibility and entry requirements for your chosen degree.
Look out for any prerequisites or assumed knowledge subjects. Some degrees also have additional entry requirements like interviews and auditions.
Domestic applicants
| SATAC Code | 3CM276 |
|---|---|
| Deferment | Yes - 2 year |
| Intake | February and July |
Selection Criteria
| Higher Education Study | A completed Bachelors degree or equivalent, with a GPA of 5.0 or better. Students may be eligible to complete the program in a full-time standard duration of 1.5 years on the basis of prior learning. |
|---|
Fees and Scholarships
Choose your applicant type to view the relevant fees and scholarships information for this program.
I am a:
Domestic applicants
| Indicative annual tuition fees |
Australian Full-fee place: $39,000
|
Where the standard duration of the program is less than one year the full cost of the program is displayed.
FEE-HELP
This is an Australian full-fee program. As a domestic student you may be eligible to:
- receive a zero interest government assistance package to cover your course fees and
- use over $100,000 in HELP assistance over your lifetime
Scholarships
Scholarships are not only for high achievers—they are also available to provide students with an equal opportunity to study at university, no matter where they live or what their financial situation might be.
Scholarships are available to both new and continuing students. We encourage students to apply for any scholarships for which they may be eligible.
To browse scholarships offered by the University, visit: University Scholarships
To explore scholarships offered by organisations external to the University, visit: External Scholarships
Careers
Potential careers
Graduates of this program have gone on to roles such as:
Government or Corporate Policy Adviser; International Government and Trade Policy Adviser; Consultant; Information Analyst; Data Analyst; Research Associates; International Trade or Business Analyst; Business Analyst; Economic Researcher; Economist
Degree Structure
The Master of Economics and Resource Policy is a 48-units program with a nested suite of degrees (Graduate Diploma, Graduate Certificate) that allows students to choose between diversifying their expertise by having courses from all three areas or committing to a specific specialisations:
- Economic Analysis
- Global Food and Agribusiness
- International Trade
Students can choose up to two specialisations. The program also provides a PhD pathway.
Students may be eligible to complete the program in a full-time standard duration of 1.5 years on the basis of prior learning.
Areas of Specialisation
Specialisations:
- Economic Analysis
- Global Food and Agribusiness
- International Trade
Example Study Plan
To qualify for the Master of Economics and Resource Policy, the student must complete satisfactorily a program of study consisting of the following courses with a combined total of not less than 48 units, comprising:
- Core courses to the value of 12 units
- Elective courses to the value of 27 units (Option A) or 24 units (Option B)
- Research dissertation to the value of 9 units (Option A) ot 12 units (Option B)
Core courses
- ECON 7200: Economic Principles
- AGRIBUS 7055 Global Food and Agricultural Markets
- TRADE 7004 Principles of International Trade and Development
- ECON 7245 Cost-Benefit Analysis
Elective courses
Courses to the value of 27 units (Option A) or 24 units (Option B) from the following, with a maximum of 18 units from starred courses:
| AGRIBUS 7022 | Global Food and Agricultural Policy Analysis | 3 units |
| AGRIBUS 7057 | Trends and Issues in the World Food System | 3 units |
| AGRIBUS 7064 | Water Security and Governance | 3 units |
| AGRIBUS 7059 | Experiences and Insights in Agri-Food Systems | 3 units |
| AGRIBUS 7056 | Management and Performance of Global Food Chain | 3 units |
| AGRIBUS 7053 | Globalisation and Agriculture in Emerging Economies | 3 units |
| AGRIBUS 7065 | Agricultural Decision Making | 3 units |
| Innovation Systems and Policy Transformation | 3 units | |
| AGRIBUS 7041 | Topics in Agricultural Business A | 3 units |
| TRADE 5000 | International Trade: Negotiations and Agreements | 3 units |
| TRADE 5001 | International Trade: Strategies and Opportunities | 3 units |
| TRADE 7005 | Agriculture and Food in International Trade | 3 units |
| Services Trade | 3 units | |
| TRADE 7007 | MNCs, Trade & Sustainable Development | 3 units |
| ECON 7067 | Economics Development IV | 3 units |
| ECON 7115 | Public Economics IV | 3 units |
| ECON 7121 | Microeconomics IV | 3 units |
| ECON 7122 | Macroeconomics IV | 3 units |
| ECON 7204 | Econometrics IV | 3 units |
| Time Series Econometrics IV | 3 units | |
| ECON 7229 | Behavioural Game Theory and Experiments IV | 3 units |
| ECON 7221 | The Economics of Climate Change | 3 units |
| Labour Economics PG | 3 units | |
| ECON 7243 | Applied Econometrics PG | 3 units |
| ECON 7016 | Resource and Environmental Economics PG | 3 units |
| ECON 7032 | Public Economics PG | 3 units |
| ECON 7044 | International Finance PG | 3 units |
| ECON 7058 | Development Economics PG | 3 units |
| ECON 7062 | Game Theory PG | 3 units |
| ECON 7072 | International Trade PG | 3 units |
| ECON 7114 | Money, Banking, and Financial Markets PG | 3 units |
| ECON 7241 | Managerial Economics IID | 3 units |
| ECON 7242 | Applied Intermediate Econometrics IID | 3 units |
| Intermediate Macroeconomics IID | 3 units |
Specialisations
ECONOMIC ANALYSIS
| Students must complete courses to the value of 3 units from the following: | |
| AND courses to the value of 9 units from the following: |
|
GLOBAL FOOD AND AGRIBUSINESS
| All of the following courses must be completed: |
|
| AND courses to the value of 6 units from the following: |
|
INTERNATIONAL TRADE
| All of the following courses must be completed: |
|
| AND courses to the value of 6 units from the following: |
|
Research Dissertation
Students must complete a research dissertation of not longer than 12,000 words.
Option A - all of the following courses
• AGRIBUS 7061 Research Project Part 1 - Research Principles and Methods (3 units)
• AGRIBUS 7063 Research Project in Agribusiness (6 units)
OR
Option B - all of the following courses
- AGRIBUS 7061 Research Project Part 1 - Research Principles and Methods (3 units)
- AGRIBUS 7062A Research Project Part 2 - Theoretical Framework ands Research Design (3 units)
- AGRIBUS 7062B Research Project Part 3 - Data Gathering and Analysis (6 units)
Related Degrees
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Last updated: Wednesday, 12 Jun 2024
