Master of Applied Economics

• General information
• Course structure
  • Two compulsory core units:
  • Two units from one of the following specialisations
    • Asian/international economics
    • Finance
    • Health economics
    • Econometrics
  • Four 5000-level units
  • Three units from the following:
    • Asian/International economics
    • Finance
    • Health economics
    • Econometrics

General information

Course code: 3163 + Course abbreviation: MApplEc + Course director: Associate Professor Keith Trace + Offered at Caulfield and Clayton campuses + Normally completed in two semesters of full-time study or four semesters of part-time study
The course has been designed for graduates with an undergraduate degree in economics, finance, econometrics or their equivalent, seeking to extend, deepen and upgrade their knowledge in order to apply that to the workplace. Specialisations are offered in the areas of Asian and international economics, finance, health economics, and econometrics. Course intake is available in semester one and semester two. The course comprises eight units, including three core units in economics which can be completed in two semesters of full-time study or four semesters of part-time study.
Applicants require either of the following:

• a Bachelor of Commerce (or equivalent) majoring in economics, econometrics or finance
• a pass degree in another discipline plus the Graduate Diploma in Economic Studies (or equivalent).

This is a fee-paying course. Candidates should consult the Department of Economics as to the 2002 course fee. Course fees are set and reviewed annually and are therefore subject to change.

Course structure

The course consists of eight units.

Two compulsory core units:

• ECF4200 Applied microeconomics
• ECF4100 Applied macroeconomics

Two units from one of the following specialisations

Asian/international economics

• ECC4820 Comparative economic systems, ideology and policy
• ECC4670 Economic development theory and practice
• ECC3674 Economics of developing countries
• ECC4000 Reading unit (on Asia/international)
• ECC3694 International economics
• ECC3574 The international economy since 1945

Finance

• AFC3144 Advanced business finance**
• AFC3174 Management of financial intermediaries
• AFC3234 Financial analysis and evaluation
• AFC4140 Corporate financial theory
• AFC3344 Options, financial futures and other derivatives

** THIS IS A COMPULSORY CORE UNIT FOR THOSE WISHING TO PROCEED TO THE FINANCE UNITS AT THE 5000 LEVEL

Health economics

• ECC4870 Health economics
• ECC4990 Economic evaluation of health services

Econometrics

• ETC3444 Practical econometrics (students enrolling in this course with no prior knowledge of econometrics are strongly advised to take this unit)
• ETC3414 Applied econometrics
• ETC3464 Financial econometrics
• ETC3454 Time series analysis for business and economics

Four 5000-level units

One compulsory core unit:

• ECC5xxx Applied economics issues research paper (compulsory)

Three units from the following:

Asian/International economics

• ECX5440 International trade and investment
• MGX5730 International trade policy
• ECC5690 Theories in international and development economics
• ECF5420 Economic policy in Asia
• ECF5400 Strategies and policies for economic development
• ECF5020 The economics of e-commerce
• ECF5610 Sustainable economic development and the environment
• ECF5030 The emergence of the knowledge based economy
• ECF5430 Islamic economics

Finance

• ECC5750 Financial economics
• AFC5000 Finance reading unit
• AFF5010 Personal financial planning and superannuation
• AFF5210 Advanced treasury management
• AFF5240 Treasury administration and control
• AFF5140 International finance

Health economics

• ECC5870 Advanced health economics
• ECC5810 Public economics

Econometrics

• ETC5000 Special reading unit

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