Master of Economics (Coursework)

Course Code





Law, Business and the Creative Arts

Award Requirements

Course Structure



Advanced Standing

Award Details

Admission Requirements

Course pre-requisites

Completion of an appropriate undergraduate degree, equivalent to an Australian bachelor degree, that should not comprise an economics major or a Bachelor of Economics, from this or another university; or

Other qualifications or practical experience recognised by the Pro-Vice-Chancellor of the Faculty of Law, Business and the Creative Arts as equivalent to the above; or

Completion of the Postgraduate Diploma of Economics from this university.

Minimum English Language Proficiency Requirements

Students of non-English speaking backgrounds must have an adequate English language capacity assessed under the Australian International English Language Testing System (IELTS). The IELTS score required for admission to this course can be found in Schedule I of the JCU Admissions policy.

Additional selection requirements


Special admission requirements


Academic Requirements for Course Completion

Credit points

48 credit points as per course structure

Additional course rules

Students can complete the Master of Economics (Coursework) by one of two options.

Option 1

All coursework (24304-CW-24U) with a major

NB: Students interested in seeking admission to Option 2 should complete the core subjects before any of the subjects in the major. Subjects in the major should be completed in year 2.

Option 2

Coursework and minor thesis (24304-TH-24U)

Students wishing to select option 2 must complete the core subjects below and achieve a course GPA of at least 5.5. Admission to option 2 is subject to the approval of the Faculty Pro Vice-Chancellor on the recommendation of the Head of School following successful completion of the core subjects.

NB: Students pursuing Option 2 cannot complete a major.

Additional completion requirements


Course Structure

Core Subjects

EC5204:03 Managerial Economics

EC5205:03 Economic Growth and Sustainable Development

EC5206:03 Macroeconomic Policy

EC5207:03 Contemporary Economic Policy and Social Welfare

EC5202:03 Cost Benefit Analysis

EC5216:03 Data Collection, Analysis and Interpretation in Economics

EC5217:03 Behavioural Economics for Sustainable Policy

EC5218:03 Economics and Sustainable Resource Management


Choose one of the following options:

Option 1 - All coursework (24304-CW-24U) or Option 2 – Coursework and Minor Thesis (24304-TH-24U)

Option 1

BU4062:03 Current Issues in Business Research

EC5214:03 Case Studies in Applied Economics and Finance

EC5213:03 Financial Econometrics (odd years) or EC4703:03 Advanced Econometrics (even years)

EC5219:03 Personnel Economics


Select a Major or No specified major

No Specified Major

Select 12 credit points from the specified list:

LB5500:03 Negotiation

LB5207:03 Managing Entrepreneurial Enterprises

CO5124:03 Data Analysis and Decision Modelling

LB5514:03 Cross-Cultural Dispute Resolution

LB5202:03 Marketing Management

LB5203:03 Sustainable Enterprise

LB5215:03 Strategy and Leadership

LB5205:03 People in Organisations


Type of major



Credit points in major

12 credit points

Special requirements





Environmental Management



International Political Economy



Option 2

BU4062:03 Current Issues in Business Research

EC5214:03 Case Studies in Applied Economics and Finance

EC5213:03 Financial Econometrics (odd years) or EC4703:03 Advanced Econometrics (even years)

BU4070:03 Honours Thesis Part 1 of 2

BU4071:12 Honours Thesis Part 2 of 2







Expected time to complete

2 years full-time or equivalent part-time

Maximum time to complete

8 years

Maximum leave of absence

1 year


Course progression requisites

Candidates with limited prior economics may be required to vary the normal course structure and take CO5125:03 Economics for Managers (or equivalent). Similarly, candidates who have limited quantitative skills may be required to take CO5124:03 Data Analysis and Decision Modelling (or equivalent).

Course includes mandatory professional placement(s)


Special assessment requirements


Accreditation requirements


Maximum allowed Pass Conceded (PC) grade


Supplementary exam for final subject

A candidate who has failed a single subject towards the award in their final teaching period and who gained 40% or more of the marks for that subject, may be granted a supplementary examination in that subject.  However if that subject is required for accreditation, then the criteria specified by that accreditation will apply.

Advanced Standing


Candidates may apply for advanced standing for previous tertiary study in accordance with the Advanced Standing for Previous Studies and Recognised Prior Learning policy associated procedures.

Maximum allowed

24 credit points, unless part of approved articulation process


Advanced standing will be granted only for studies completed in the 4 years prior to the commencement of this course.


Advanced standing gained for any subject shall be cancelled 12 years after the date of the examination upon which the advanced standing is based if, by then, the candidate has not completed the course of study prescribed for the degree.

Other restrictions

Advanced standing will not be granted for work experience or undergraduate studies.

Award Details

Inclusion of majors on testamur

Any major studied may appear on the testamur.

Exit with lesser award

Candidates who exit the course prior to completion, and have completed 24 credit points of study including the appropriate subjects, may be eligible to receive the award of Graduate Diploma of Economics.

Course articulation

Not applicable