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Master of Applied Economics and Econometrics


Course Description

If you're looking to develop your career in economics or econometrics this course provides you with analytical and technical skills you need for the profession, as well as a solid grounding in commerce. The course will enable you to build your knowledge in one of the following specialisations: Applied Econometrics; Applied Economics and Econometrics or Business Economics.

You will engage in a comprehensive theoretical and practical curriculum across your chosen field and develop high-level expertise in applied economic and econometric tools.

The program also gives you the opportunity to undertake independent research in your chosen specialisation.

Visit the website http://www.study.monash/courses/find-a-course/2016/applied-economics-and-econometrics-b6001?domestic=true

Overview

Please select a specialisation for more details:

- Applied econometrics
Your qualification will be a Master of Applied Econometrics

The specialisation in applied econometrics provides specialist knowledge, tools and skills to enable econometric and statistical analyses required in the business, economics and finance sectors.

- Applied economics and econometrics
Your qualification will be a Master of Applied Economics and Econometrics

The specialisation in applied economics and econometrics provides specialist knowledge, tools and skills in economics and econometrics to address important economic policy questions.

- Business economics
Your qualification will be a Master of Business Economics

The specialisation in business economics provides an advanced knowledge of the theories explaining and analysing economic policies - focusing on how individuals, households, firms and governments interact and how economies work, with an emphasis on economic regulation and policy.

Course Structure

The course is structured in three parts. Part A. Advanced preparatory, Part B. Mastery knowledge and Part C. Application studies All students complete Part B. Depending on prior qualifications, you may receive credit for Part A or Part C or a combination of the two.

Part A. Advanced preparatory
These studies will introduce you to Economics and Econometrics at advanced undergraduate and graduate level. They are intended for students whose previous qualification is not in a cognate field (that is, not in a field likely to prepare them for advanced study in this field). Students admitted to the course, who have a recognised degree or a graduate certificate in a cognate discipline will receive credit for this part.

Part B. Mastery knowledge
These units will develop your capacity as a critical and creative professional who is able to apply your knowledge of a specialised area to provide discipline based solutions.

Part C. Application studies
This will enable you to further develop your knowledge of your specialisation, or more broadly, or alternatively to select any units from across the university in which you are eligible to enrol. Some students use these electives units to provide a research pathway towards a Doctor of Philosophy course.

For more information visit the faculty website - http://www.study.monash/media/links/faculty-websites/business-and-economics

About us

Monash Business School is home to one of the leading departments of Economics.

Since the 1970s, the term "Monash Economics" has been widely used to describe the liveliness and rigour inherent in our activities. We have demonstrated a strong track-record of excellence over the last 40 years. Our excellent international reputation is supported by our ranking or rating of:

- a rating of 4 (which is above world standard) in the latest Excellence in Research for Australia (ERA) report for Economics

- no. 1 in the Asia-Pacific region for cognitive and behavioural economics; and development economics (RePEc)

The Department boasts more than 50 tenured economists undertaking work in virtually all major fields of economics.

Leading research and reputation
We have a vibrant research atmosphere in both theoretical and applied economics. Our particular strengths lie in development economics, behavioural and experimental economics, and macroeconomics. However, even within these broad areas, there is considerable heterogeneity in topics and techniques used.

Members of the department work individually and in collegiate teams, within the department and with other units of the Business School. A number of department members work collaboratively with colleagues in other universities, both in Australia and internationally.

Our Department also maintains particularly strong ties with the Centre for Development Economics and Sustainability, the Centre for Health Economics and the Monash Sustainability Institute. We have established other collaborative networks such as the South Asia Research Network (SARN) and the Monash Experimental Research Insights Team (MERIT), which further ensure the positive impact of our high calibre research.

Members of the Department have a distinguished publication record in numerous leading field journals as well as general interest journals, including the profession's most prestigious outlets. We also house excellent facilities. Our Monash Laboratory for Experimental Economics (MonLEE) laboratory enables us to complement field and artefactual field experiments with lab based activities.

Excellence in economic education
Economics provides training in logical thought and analysis which can be applied widely in every-day decision making, not just to matters that are usually labelled 'economic'. It was recognition of the meteoric rise of a new grouping of economists who emphasised the influence of economic policies on a rapidly changing world.

Continuing in this spirit, our Department's overarching goal is to prepare our students with a range of career options that are readily adapted to the issues of the day. These may be positions in industry, government, or in non-government and international organisations.

We achieve this by providing training in logical thought and flexible analytical skills which can be applied widely in every-day decision making – not just to matters which are typically labelled 'economics'.

Find out how to apply here - http://www.study.monash/courses/find-a-course/2016/applied-economics-and-econometrics-b6001?domestic=true#making-the-application

Visit the Master of Applied Economics and Econometrics page on the Monash University website for more details!

Student Profiles
(Scholarship)

Team Monash Elite Student Performer Scheme - No. of awards TBC

The Team Monash Elite Student Performer Scheme is designed to support talented students studying at Monash to represent the University in the areas of Sport, Performing Arts and related disciplines. This program aims to assist students who perform at a state level or higher. Students must represent the University in a Monash Club/Society or at the Inter-University (Varsity) competitions and activities.Benefits:
- $100 to $1000 one-off payment and/or a Monash Sport gym membership.
- Dependant on the sport, the level played and the funding available.Selection
- Must be competing regularly in your discipline, at the highest level in your state, or above.
- Representation of Monash University in your sport (e.g. club, Monash University Club, Monash Australian University Games or Varsity Callenge).
- Your current and past performance in your elected discipline.
- Level at which your sport is played.Retention
- You must maintain satisfactory sporting performance, as determined by TeamMONASH.
- You must regularly represent Monash University in your discipline and participate in the Australian University Games.
- You must not be in receipt of regular payments from other funding bodies for your discipline.

Value of Scholarship(s)

$100 to $1000

Eligibility

- Australian or New Zealand citizen, holder of an Australian permanent resident visa or permanent humanitarian visa or an international student.
- Commencing or continuing undergraduate or postgraduate student enrolled at a Monash campus in Australia, including Monash College.
- Involved in a non-professional sport, performing arts or similar, as recognised by Team Monash.

Application Procedure

You must submit an application form directly to TeamMONASH (http://www.monash.edu/teammonash/talented-student-support/elite-scheme) via their Elite Student Performer Scheme

Further Information

http://www.study.monash/fees-scholarships/scholarships/find/sports-scholarships/sport


(Scholarship)

Faculty of Business and Economics Indigenous Scholarship - 2 Awards

Selection:
- Based on academic achievement and need.
- Where possible, one scholarship will be awarded to an undergraduate student and one to a graduate/postgraduate student.Retention:
You must maintain satisfactory academic performance as determined by the Faculty of Business and Economics.

Value of Scholarship(s)

Tuition fees paid per year

Eligibility

- Indigenous Australian background.- Commencing student in an undergraduate or graduate/postgraduate (coursework) degree in the Faculty of Business and Economics at a Monash campus in Australia.- Consideration is given if you experience forms of disadvantageThis is an external link such as:financial disadvantage
difficult circumstances
disability or medical condition
from a regional or remote area of Australia- attended an under-represented school.

Application Procedure

Find out more about application information (http://www.monash.edu.au/students/scholarships/applications.html)

Further Information

http://www.study.monash/fees-scholarships/scholarships/find/indigenous-scholarships/business-economics


(Scholarship)

Business and Economics Indigenous Study Support Scholarship - 5 Awards

Selection:
Based on need.
Where possible, bursaries will be awarded across both undergraduate and graduate/postgraduate programs.Retention:
You must maintain satisfactory academic performance as determined by the Faculty of Business and Economics.

Value of Scholarship(s)

$3000

Eligibility

- Indigenous Australian background.- Commencing or continuing student in an undergraduate or graduate/postgraduate (coursework) degree in the Faculty of Business and Economics at a Monash campus in Australia.- Consideration is given if you experience forms of disadvantage such as:financial disadvantage
difficult circumstances
disability or medical condition
from a regional or remote area of Australia
attended an under-represented school.

Application Procedure

Find out more about application information for:
- commencing students (http://www.study.monash/fees-scholarships/scholarships/applications)
- current students (http://www.monash.edu.au/students/scholarships/applications.html)

Further Information

http://www.study.monash/fees-scholarships/scholarships/find/indigenous-scholarships/business-economics-support


(Scholarship)

QTEM Scholarship - No. of awards TBC

Selection:
Based on academic achievement and offered to the highest achieving students. Commencing or continuing students enrolled in the nominated Business and Economics postgraduate programs will be invited to apply for the QTEM program.Retention:
Recipients must participate and complete the QTEM program and remain enrolled in the required Master's degree

Value of Scholarship(s)

$3000

Eligibility

- An Australian or a New Zealand citizen, holder of an Australian permanent resident visa or permanent humanitarian visa
- An international student

Application Procedure

See the website

Further Information

http://www.study.monash/fees-scholarships/scholarships/find/postgraduate-scholarships/qtem-scholarship



Entry Requirements

An Australian undergraduate honours degree (or equivalent) in a cognate discipline with at least credit (65%) average, or qualification/ experience or satisfactory substitute that the faculty considers to be equivalent. Applicants must also meet the English language requirements (View Website)

Email Enquiry

Recipient: Monash University

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