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Master of Economics (MEc)

Course Description


The programme is designed for those aspiring to hold positions requiring economic analyses and a high level of economic proficiency in business, industry and government. The programme aims to provide its graduates with broad knowledge in a wide range of areas in economics including development economics, financial economics, industrial organization, international finance, trade, monetary economics, public finance, Islamic banking and finance, environmental economics, macroeconomic modeling and econometrics. Students are also trained in conducting research to enhance their report writing and problem solving skills in areas related to economics necessary to be effective economic analysts.


The program combines theoretical understanding with practical application. It aims to groom thinking individuals who can apply sound economic principles at the macro and micro levels of the economy, translate theory to practice, critically assess specific situations and challenges, and develop sound solutions.

Visit the website http://fep.um.edu.my/student/postgraduate/mec

Language Requirement

International applicants who have not received a bachelor's degree from an institution in which the language of instruction is English must show proof of a minimum standard of proficiency in English. The minimum English language requirement for purposes of admission is:

(a) a score of 550 for paper-based total or 213 for computer-based total for the Test of English as a Foreign Language (TOEFL); or
(b) a band of 6 for the International English Testing System (IELTS).

Structure of Programme

Candidates of this programme are required to take four (4) Core Courses, one (1) Research Paper, and five (5) Optional Courses. The courses are :

Core Courses:

- EXGA6120 Advanced Microeconomics
- EXGA6121 Advanced Macroeconomics
- EXGA6122 Philosophy and Methodology of Research
- ESGC6356 Applied Econometrics
- EXGA6181 Research Paper

Optional Courses:

EXGA6103 Economic Development & Planning
EXGA6104 Trade and Growth
EXGA6112 The Malaysian Economy
EXGA6113 Financial Markets & Institutions
EXGA6114 Economic Policy Analysis
EXGA6115 Comparative Economic Systems
EXGA6301 Industrial Organization
EXGA6303 Applied Macroeconomics
EXGA6304 Money and Finance in Economic Development
EXGA6305 Public Economics
EXGA6306 Economics of Network Industries
EXGA6307 International Trade and Environment
EXGA6308 Sustainability and Growth
EXGA6309 Islamic Banking and Finance
EXGA6311 Issues in Economic Analysis
EXGA6312 Advanced International Trade
ESGC6115 Time Series Analysis
ESGC6328 Applied Financial Econometrics
ESGC6120 Statistical Methods

Duration of Programme

The minimum period of study is 3 semesters and the maximum period of study is 8 semesters. Each academic year consists of two semesters, commencing in September (Semester I) and February (Semester II) of each year.

Programme by Dissertation

The Faculty also offers the Master of Economics programme fully by dissertation. This programme is only open to graduates with exceptionally good qualifications (First Class Honours or CGPA of at least 3.7), and has experience in academic writing (proof of publication is necessary). This programme requires students to submit a dissertation of not exceeding 60,000 words at the end of the programme. In addition, the Faculty may set as a requirement for a candidate to follow prescribed courses. Those interested in the programme is advised to contact the Faculty for further details.

Programme Brochure - http://fep.um.edu.my/docs/librariesprovider7/Postgraduate-/fees-structure.pdf?sfvrsn=0


The faculty is equipped with state-of-the-art facilities such as two computer teaching laboratories equipped with LCD and statistical software with a total capacity for 105 students, a student computer laboratory for 51 students and five lecture theatres.

In addition, the beautiful new building for postgraduate studies, houses 15 seminar rooms, a computer laboratory with a capacity for 54 computer workstations, 2 conference halls with a capacity of 100 persons each and 3 wireless LAN coverage (WiFi) zones within the faculty.

Indeed, FEA is one of the few premier institutions that can provide such quality, in terms of facilities.

Visit the Master of Economics (MEc) page on the University of Malaya website for more details!

Student Profiles

Entry Requirements

(a) a Bachelor's degree with a minimum of CGPA 3.0 or equivalent and sufficient knowledge in the field of economics or in quantitative oriented fields. or (b) any other qualification as may be approved by the Senate from time to time.

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