The Best Universities for Economics in Australia (2026)
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The Best Universities for Economics in Australia (2026)

Written by Vincent Hedman

Australia is home to some of the world’s top universities for studying Economics, combining rigorous quantitative training, cutting-edge research, and strong links to government, policy bodies, and industry. With leading institutions like the Australian National University (ANU), University of Melbourne, University of New South Wales (UNSW Sydney), University of Sydney, University of Queensland, and Monash University consistently ranked among the best globally, Australia is an ideal destination to pursue a degree in Economics.


When I looked at economics programmes across Australia, a few key aspects really caught my attention: the rigor and breadth of coursework, the quality and impact of faculty research, strong ties to government, finance, and industry, plentiful internship and placement opportunities, and the level of support available for both domestic and international students. In this guide, we’ll examine how Australian universities compare in 2026 and explain how the rankings are constructed, so you can identify the best universities for economics in Australia and make an informed choice about where to study.

Why Study Economics in Australia

There are many reasons why someone might want to study Economics at a university in Australia. Here are just a few:

  • Australia is renowned for its excellent educational standards. Many of its universities are ranked among the top in the world, providing cutting-edge curricula and access to leading economists. This ensures that students receive a comprehensive and contemporary education in economics.
  • With strong research infrastructure and investments in higher education, Australia provides ample opportunities for Masters students to engage in pioneering research under the guidance of experienced academics. This is especially advantageous for those aiming towards a PhD or a career in research.
  • Australia offers an exceptional quality of life with its vibrant cities, stunning natural landscapes, cultural diversity, healthcare quality, and general safety, making it not only an excellent place to study but also a wonderful place to live during your academic journey.
  • Studying in Australia offers an international outlook on economic issues. Courses often include case studies from around the world, preparing students for careers in globalised markets by understanding diverse economic systems and challenges.

The Best Universities in Australia for Economics

The following tables give the 10 best Australian universities for Economics, according to global and local university rankings. It can show you which Australian universities are amongst the best in the world and help you compare institutions on an international level.

This information is based on the latest rankings tables, researched and published by Times Higher Education, QS and Academic Ranking of World Universities (ARWU).

Each ranking system uses its own methodology, with different factors having more or less influence on a university's result.

For more information on using international rankings as a postgraduate, see our guide.


Top 10 Australian Universities for Economics (Times Higher Education)
University Australia Rank Global Rank
University of Melbourne 1 40
The University of Queensland 2 65
Monash University 3 =67
The University of Sydney 4 =71
Australian National University 5 81
UNSW Sydney 6 98
Griffith University 7 126–150
Macquarie University 8 126–150
University of Technology Sydney 9 126–150
Queensland University of Technology 10 151–175
This information is based on the latest rankings tables, researched and published by Times Higher Education. Visit their website for more information.

What should I know about the Times Higher Education rankings?

The Times Higher Education rankings are strong in academic focus and diverse teaching metrics, but do not include employer-specific metrics. Additionally, the rankings may not include all specialist institutions.


Top 10 Australian Universities for Economics (QS)
University Australia Rank Global Rank
Australian National University 1 39
UNSW Sydney 2 40
Monash University 3 42
University of Melbourne 4 45
University of Sydney 5 49
University of Queensland 6 73
University of Technology Sydney 7 =122
University of Adelaide =8 =153
University of Western Australia =8 =153
RMIT University 10 =161
This information is based on the latest rankings tables, researched and published by QS World University Rankings. Visit their website for more information.

What should I know about the QS rankings?

The QS World University Rankings are designed to meet the needs of prospective students, with more weight given to student-centric metrics such as staff/student ratio, international recruitment and employer opinion. The rankings are balanced between qualitative and quantitative data, but give less weight to research than some other rankings.


Top 10 Australian Universities for Economics (ARWU)
University Australia Rank Global Rank
Monash University 1 33
Australian National University 2 37
University of Melbourne 3 42
University of Sydney 4 49
UNSW Sydney 5 76-100
Griffith University 6 101-150
University of Technology Sydney 7 101-150
Curtin University 8 151-200
Deakin University 9 151-200
RMIT University 10 151-200
This information is based on the latest rankings tables, researched and published by Academic Ranking of World Universities. Visit their website for more information and a comprehensive list of engineering subject rankings.

What should I know about the ARWU rankings?

The ARWU rankings reflect the presence of elite academics and the future academic success of graduates. However, they do not directly assess the quality of education at a university or take into account other aspects of university performance.

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Search our database of Masters Economics courses in Australia.


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Last updated: 07 January 2026