Master of Applied Economics

Macquarie University

Australia, Sydney

University RankQS Ranking

133

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Home/Australia/Sydney /Macquarie University/Master of Applied Economics

Macquarie University

Australia , Sydney

Key Facts

Program Level

Master by Course Work

Study Type

Full Time

Delivery

On Campus

Course Code

097429B

Campuses

North Ryde

Program Language

English

Start & Deadlines

Next Intake Deadlines23-Feb-2026

Apply to this program

Go to the official application for the university

Duration 2 year(s)

Tuition Fee

AUD 46,900 / year

Next Intake 23-Feb-2026

Master of Applied Economics

About

In today’s rapidly shifting global economy, economic literacy isn’t optional – it’s essential. The decisions made by governments, businesses and individuals impact our behaviours, wellbeing and the broader world. Applied economics plays a key role in this process by transforming complex data into meaningful insights that guide policy and strategy. From trade, investment trends and consumer behaviour to public health and sustainable development, those with a high-level understanding of economic forces are uniquely positioned to shape innovative strategies that benefit all levels of society.

The Master of Applied Economics will equip you with the skills to decode the economic forces shaping industries, markets and policy worldwide. Guided by expert academics and industry professionals, you’ll apply economic theories to real challenges through case studies and team projects that reflect the contemporary landscape. Small class sizes ensure your insights shape discussions, while a focus on communication will help you translate complex data into clear advice. Armed with the analytical and critical-thinking skills to anticipate economic shifts and drive informed decisions, you’ll be well-equipped to succeed across the public and private sectors.

Requirements

Entry Requirements

Entry requirements

I'm an

looking to start my course in

2026
2025

Simple steps to entry at Macquarie

Meet the academic requirements

Meet the minimum English language requirements

Guide to admission points

Table Description

Complete this degree in:

If you meet the below or hold a recognised equivalent*:

Course structure:

2 years

(full-time, or equivalent duration if available part-time)

AQF level 7 bachelor's qualification or recognised equivalent

Core Zone, Foundation Zone, Flexible Zone (160 credit points)

View course structure

1.5 years

(full-time, or equivalent duration if available part-time)

AQF level 7 bachelor's qualification or recognised equivalent with a WAM of 65 or higher, or a minimum WAM of 60 together with a GMAT score of 600 or higher.

Core zone, Foundation zone (120 credit points)

View course structure

1.5 years

(full-time, or equivalent duration if available part-time)

AQF level 7 bachelor's qualification in a related field or recognised equivalent

AQF level 7 bachelor's qualification or recognised equivalent, and a minimum of two years relevant approved work experience, professional certification or other recognised prior learning

Core zone, Flexible zone (120 credit points)

View course structure

1 year

(full-time, or equivalent duration if available part-time)

AQF level 8 bachelor honours or graduate diploma qualification in a related field or recognised equivalent

Meet two of the following three criteria:
- AQF level 7 bachelor's qualification in a related field or recognised equivalent
- Minimum two years relevant approved work experience, professional certification or other recognised prior learning
- AQF level 7 bachelor's qualification or recognised equivalent with a WAM of 65 or higher, or a minimum WAM of 60 together with a GMAT score of 600 or higher.

Core zone (80 credit points)

View course structure

Related fields for prior qualifications

Accounting, Business, Commerce, Economics, Econometrics, Actuarial Studies, Banking, Finance, Insurance, Management, Supply Chain, Valuation, Political Economy, Philosophy and Economics, Science, STEM-focused degrees, Public and Healthcare Management

Relevant experience

Professional work experience includes roles requiring technical or specialist expertise or managerial / decision making functions with broad knowledge or skills in key concepts or principles in Economics.

AQF levels

*'Bachelor’s qualification' relates to an AQF level 7 bachelor's qualification or recognised equivalent.

Guide to University terminology

Use our handy guide to better understand common study terms.

View our guide

Complete your degree sooner

Full degree duration

Admission point considerations

Credit for prior learning eligibility

You may qualify to complete your degree sooner!

Full degree duration

Admission point considerations

Credit for prior learning eligibility

You may qualify to complete your degree sooner!

Recognition of prior learning

With recognition of prior learning (RPL), you could get credit for your prior study and experience, reducing the duration of your studies. Credit is awarded for formal and informal or non-formal learning. You’ll need to apply for RPL once you receive your offer to study at Macquarie.

Find out more

Your prior learning may consist of:

Formal learning
Informal and non-formal learning

English language requirements

All Macquarie University applicants are required to provide evidence of English language proficiency. The standard of English required for entry is based on the IELTS Academic test. Other accepted evidence of English proficiency, including minimum scores on other English tests and qualifications, can be checked using the conversion tool.

The required standard of English for this degree is:

The required standard of English

IELTS band

Minimum score required

Overall

6.5

Reading

Writing

Listening

Speaking

You may also satisfy the English language requirements by:

passing an approved English language test at the required level
holding a qualification from an approved country with English as the language of instruction
completing an approved high school qualification or foundation program with study in English
completing an approved English for Academic Purposes (EAP) program.

What if I don't meet the requirements?

If you don’t meet the English requirements for your course, you may be issued an offer of study that includes an English preparation program at the Macquarie University English Language Centre (ELC). If you receive a packaged offer, you can apply for a single student visa covering both your English preparation program and your course.

The length of your English program will depend on your current English level and the minimum English requirements for your course. Our admissions team will be able to recommend the number of weeks required when you submit your application.

What English language tests are approved?

We accept the IELTS Academic, TOEFL iBT (internet-based), Pearson Test of English (PTE) Academic, Cambridge English Qualifications (C1 Advanced or C2 Proficiency), and the Occupational English Test (OET).

Additional information and requirements

Assumed knowledge

None.

Recommended studies

None.

Inherent requirements

To be eligible to graduate from your course, you must satisfy the inherent requirements – essential activities, capacities and academic requisites – of that course.

View inherent requirements

Career

Career outcomes

I'm an

looking to start my course in

2026
2025

Take the next step in your career

So that you’re equipped with the knowledge and skills employers require now and in the future, we design many of our degrees and courses in consultation with a range of industries and sectors. Having such experts involved in creating the fundamentals of your degree or course provides you with opportunities to contextualise your learning, and gain the latest career insights.

Professions

Business strategist
Data analyst
Econometrician
Economic development officer
Economic policy adviser
Economist
Financial adviser or analyst
Insurance analyst
Investment analyst
Market analyst

Market or social researcher
Policy adviser
Population analyst
Public servant
Regulator
Risk analyst
Statistician

Employers

Australian Bureau of Statistics
Banks and financial institutions
Business analysis firms
Consulting firms
Energy and environment sector
Financial technology firms
Gaming and gambling industry
Government agencies and departments
Healthcare organisations
Investment firms

Multilateral development organisations
Multinational corporations
Professional services firms
Regulatory authorities
Risk management groups
Superannuation and insurance firms
Sustainable development consulting firms
Think tanks and policy research institutes
Trade and development organisations
Transport, infrastructure and logistics companies

Career information

Job Outlook – an Australian Government initiative – makes it easy to find career information, including the outlook, pay, main tasks, and physical and other demands of careers that interest you.

Explore careers on Job Outlook