Graduate Coursework

Direct entry to the Master of Economic Policy requires either:<ol><li>an Honours degree in economics at a level equivalent to an ANU Honours in Economics grade IIA, or </li><li>completion of the Graduate Diploma in Economic Policy with an average grade of 70%, or</li><li>70% or greater in each of <a href="http://studyat.anu.edu.au/courses/ECON8025;details.html">ECON8025</a> Diploma Microeconomics, ECON6015 Optimisation Techniques for Economists, and <a href="http://studyat.anu.edu.au/courses/EMET8005;details.html">EMET8005</a> Economic Models and Introductory Econometrics </li></ol>International applicants are strongly encouraged to submit official GRE results (www.ets.org/gre). Positive results in the components “Quantitative Reasoning” and “Analytical Writing” may help to mitigate the standard problem of asymmetric information.

For more information on careers see the ANU Careers Centre link on the <a href="http://info.anu.edu.au/StudyAt/UsefulLinks.asp">Useful Links Page</a>.

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<table border="0"><tbody><tr><td style="border: #000000 1px solid">Semester 1 </td><td style="border: #000000 1px solid">Semester 2 </td></tr><tr><td style="border: #000000 1px solid">ECON8034 Principles of Public Economics EMET8005 Economic Models and Introductory Econometrics Elective (6 units) Elective (6 units) </td><td style="border: #000000 1px solid">ECON8003 Economic Policy Issues ECON8026 Diploma Macroeconomics Elective (6 units) Elective (6 units) </td></tr></tbody></table>

3143 This program is designed for students with an interest in applying economic ideas in the world of economic policy formation and evaluation. Graduates will understand the issues involved in the coordination of economic policies at national and international levels. Core components of the program include the analysis and evaluation of public policies from the perspective of companies and consumers and their effects on the welfare of society as a whole. Courses also cover analysis of the interaction between political and economic forces that determine monetary and fiscal policies set by governments.A two-year full-time program, which incorporates the Graduate Diploma in Economic Policy, is available for students who do not have a strong academic background in economics.Progression to a PhD is possible at the discretion of the PhD Convenor. Students who wish to go to the PhD are strongly advised to take the entire math-econ sequence <a href="/courses/ECON6015;details.html">ECON6015</a> Optimisation Techniqes for Economists, <a href="/courses/ECON8013;details.html">ECON8013</a> Mathematical Techniques for Economics I, and <a href="/courses/ECON8014;details.html">ECON8014</a> Mathematical Techniques for Economics II.All graduate coursework for domestic students in the ANU College of Business and Economics is offered under Domestic Tuition Fee places. Australian citizens may defer the payment of their fees using FEE-HELP, however should be aware that the programs are not eligible for Commonwealth Supported Places and HECS-HELP. Information on FEE-HELP and eligibility requirements is available from <a href="http://www.goingtouni.gov.au/" title="http://www.goingtouni.gov.au/">http://www.goingtouni.gov.au/</a>

Master of Economic Policy

The Master of Economic Policy program comprises two consecutive semesters of full-time study or four consecutive semesters of part-time study. The program may be commenced in either first or second semester, although students wishing to commence in second semester should be aware that there are some limitations on the availability of econometrics units.The program includes three compulsory courses and five courses chosen from a list of electives.  Courses that have been taken previously as part of another program are not admissible, in which case another course must be taken from the list of electives.Compulsory courses (18 units)<ul><li><a href="/courses/ECON8003;details.html">ECON8003</a> Economic Policy Issues</li><li>either <a href="/courses/ECON8010;details.html">ECON8010</a> Public Economics or <a href="/courses/ECON8034;details.html">ECON8034</a> Principles of Public Economics</li><li><a href="/courses/EMET8005;details.html">EMET8005</a> Economic Models and Introductory Econometrics</li><li><a href="/courses/ECON8026;details.html">ECON8026</a> Diploma Macroeconomics </li></ul>Electives will be substituted for <a href="/courses/EMET8005;details.html">EMET8005</a> Economic Models and Introductory Econometrics and <a href="/courses/ECON8026;details.html">ECON8026</a> Diploma Macroeconomics if these courses have been previously passed.Some other course/s may be substituted at the discretion of the Program Convenor.NotesStudents entering in second semester must have previous training in econometrics equivalent to <a href="/courses/EMET8005;details.html">EMET8005</a>.Students who wish to take electives in Econometrics (EMET codes) from the list below in the second semester are required to have satisfactorily completed one of the following:(a) <a href="/courses/EMET8005;details.html">EMET8005</a> Economic Models and Introductory Econometrics or <a href="/courses/IDEC8017;details.html">IDEC8017</a> Economic Techniques.(b) The undergraduate units <a href="/courses/EMET2007;details.html">EMET2007</a> Econometric Methods and <a href="/courses/EMET2008;details.html">EMET2008</a> Econometric Modelling or the equivalent graduate courses <a href="/courses/EMET8013;details.html">EMET8013</a> and <a href="/courses/EMET8011;details.html">EMET8011</a>. Elective Courses (30 units)<a href="/courses/ECON8002;details.html">ECON8002</a> Applied Welfare Economics <a href="/courses/ECON8006;details.html">ECON8006</a> International Trade Theory <a href="/courses/ECON8008;details.html">ECON8008</a> Japanese Economy and Economic Policy <a href="/courses/ECON8009;details.html">ECON8009</a> International Monetary Economics <a href="/courses/ECON8011;details.html">ECON8011</a> Microeconomic Theory A <a href="/courses/ECON8013;details.html">ECON8013</a> Mathematical Techniques in Economics I <a href="/courses/ECON8014;details.html">ECON8014</a> Mathematical Techniques in Economics II <a href="/courses/ECON8015;details.html">ECON8015</a> International Economics <a href="/courses/ECON8018;details.html">ECON8018</a> Cost Benefit Analysis <a href="/courses/ECON8021;details.html">ECON8021</a> Economics of Uncertainty and Information <a href="/courses/ECON8022;details.html">ECON8022</a> Macroeconomic Theory (Master) <a href="/courses/ECON8037;details.html">ECON8037</a> Financial Economics <a href="/courses/ECON8038;details.html">ECON8038</a> Industrial Organisation <a href="/courses/ECON8039;details.html">ECON8039</a> Health Economics <a href="/courses/ECON8040;details.html">ECON8040</a> Resource and Environmental Economics <a href="/courses/ECON8041;details.html">ECON8041</a> Labour Economics and Industrial Relations <a href="/courses/ECON8047;details.html">ECON8047</a> Law and Economics <a href="/courses/ECON8049;details.html">ECON8049</a> Southeast Asian Economic Policy and Development <a href="/courses/ECON8050;details.html">ECON8050</a> Economic Growth <a href="/courses/ECON8053;details.html">ECON8053</a> Strategic Thinking: An Introduction to Game Theory <a href="/courses/ECON8070;details.html">ECON8070</a> Political Economy of Macroeconomic Policy <a href="/courses/EMET8001;details.html">EMET8001</a> Applied micro-econometrics <a href="/courses/EMET8010;details.html">EMET8010</a> Applied Macro and Financial Econometrics <a href="/courses/EMET8014;details.html">EMET8014</a> Advanced Econometric Methods <a href="/courses/ECHI8002;details.html">ECHI8002</a> Readings in Economic History <a href="/courses/ECHI8011;details.html">ECHI8011</a> Classic Works of Economic Theory <a href="/courses/ECON8070;details.html">ECON8070</a> Political Economy of Macroeconomic Policy NotesCourses in this list are available as electives only if not previously taken, and in some cases subject to prerequisites.  Not all of these courses may be offered in any particular semester or year.

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