Master of Economics
Master of Economics
Course code | 24304 |
Course type | Masters Degree (AQF Level 9) |
Division | Tropical Environments and Societies |
Award Requirements
Admission Requirements
Course pre-requisites | Completion of an AQF level 7 Bachelor Degree that should comprise neither an economics major nor a Bachelor of Economics, from this or another university; and applicants must be able to demonstrate an understanding of foundation level economics - either through completion of an AQF level 7 bachelor degree subject in economics or through practical experience recognised by the Dean, College of Business, Law and Governance; or other qualifications or practical experience recognised by the Dean, College of Business, Law and Governance as equivalent to the above. |
Minimum English language proficiency requirements | Applicants of non-English speaking backgrounds must meet the English language proficiency requirements of Band 2 – Schedule II of the JCU Admissions Policy or have successfully completed an AQF 8 qualification from James Cook University within the previous two (2) years. |
Additional selection requirements | Applicants must be able to demonstrate an understanding of foundation level statistics – either through completion of an AQF level 7 bachelor degree subject in statistics, or through practical experience recognised by the Dean, College of Business, Law and Governance. Applicants without foundation level statistics will be required to complete CO5124 Data Analysis and Decision Modelling instead of EC5216 Data Collection, Analysis and Interpretation in Economics in Year 1, and EC5216 Data Collection, Analysis and Interpretation in Economics instead of EC5213 Financial Econometrics (odd years) or EC4703 Advanced Econometrics (even years) in Year 2. |
Academic Requirements for Course Completion
Credit points | 48 credit points as per course structure |
Additional course rules | Students can complete the Master of Economics by one of two options. Option 1All coursework with a major Option 2Coursework and minor thesis 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 College Dean on the recommendation of the Head of Academic Group following successful completion of the core subjects. NB: Students pursuing Option 2 cannot complete a major. NB: Students interested in seeking admission to Option 2 should complete the core subjects before commencing any of the subjects in the major. Subjects in the major should be completed in Year 2. |
Course learning outcomes | JCU graduates are committed to lifelong learning, intellectual development, and to the display of exemplary personal, professional and ethical standards. They have a sense of their place in the tropics and are charged with professional, community, and environmental responsibility. JCU graduates appreciate the need to embrace and be acquainted with the Aboriginal and Torres Strait Islander Peoples of Australia. They are committed to reconciliation, diversity and sustainability. They exhibit a willingness to lead and to contribute to the intellectual, environmental, cultural, economic and social challenges of regional, national, and international communities of the tropics. On successful completion of the Master of Economics, JCU graduates will be able to:
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Course Structure
CORE SUBJECTS
EC5202:03 Cost Benefit Analysis
EC5204:03 Managerial Economics
EC5205:03 Economic Growth and Sustainable Development
EC5206:03 Macroeconomic Policy
EC5207:03 Contemporary Economic Policy and Social Welfare
EC5216:03 Data Collection, Analysis and Interpretation in Economics [or some students may be required to undertake CO5124:03 Data Analysis and Decision Modelling instead in Year 1 as a condition of entry]
EC5217:03 Behavioural Economics for Sustainable Policy
EC5218:03 Economics and Sustainable Resource Management
OPTIONS
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
CORE SUBJECTS
BU4062:03 Current Issues in Business Research
EC5213:03 Financial Econometrics (odd years) or EC4703:03 Advanced Econometrics (even years) [or some students may be required to undertake EC5216:03 Data Collection, Analysis and Interpretation in Economics instead in Year 2 as a condition of entry]
EC5214:03 Case Studies in Applied Economics and Finance
EC5219:03 Personnel Economics
OPTIONS
Select a Major from Table A or Select 12 credit points of specified subjects from List 1
TABLE A (MAJORS)
Type of major | Optional Single |
Credit points in major | 12 credit points |
MAJOR | AVAILABLE AT | NOTES |
Townsville | ||
Townsville |
List 1 (No specified major)
CO5124:03 Data Analysis and Decision Modelling
LB5202:03 Marketing Management
LB5203:03 Sustainable Enterprise
LB5220:03 Entrepreneurship in International Emerging Economies
LB5221:03 Indigenous and Ethnic Entrepreneurship
LB5234:03 Leading and Managing Organisational Change
LB5500:03 Negotiation
LB5514:03 Cross-Cultural Conflict Resolution
Option 2
CORE SUBJECTS
BU4062:03 Current Issues in Business Research
BU4070:03 Honours Thesis Part 1 of 2
BU4071:12 Honours Thesis Part 2 of 2
EC5213:03 Financial Econometrics (odd years) or EC4703:03 Advanced Econometrics (even years)
EC5214:03 Case Studies in Applied Economics and Finance
Campus
COURSE AVAILABLE AT | NOTES |
Townsville |
Candidature
Expected time to complete | 2 years full-time or equivalent part-time |
Maximum time to complete | 8 years |
Maximum leave of absence | 1 year |
Progression
Course progression requisites | Students admitted without foundation level statistics will be required to complete CO5124 Data Analysis and Decision Modelling instead of EC5216 Data Collection, Analysis and Interpretation in Economics in Year 1, and EC5216 Data Collection, Analysis and Interpretation in Economics instead of EC5213 Financial Econometrics (odd years) or EC4703 Advanced Econometrics (even years) in Year 2. |
Course includes mandatory professional placement(s) | No |
Special assessment requirements | Nil |
Professional accreditation requirements | Nil |
Maximum allowed Pass Conceded (PC) grade | Nil |
Supplementary exam for final subject | A student 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
Eligibility | Students may apply for advanced standing for previous tertiary study in accordance with the Advanced Standing and Articulation policy and associated procedures. |
Maximum allowed | 24 credit points, unless part of approved articulation process |
Currency | Advanced standing will be granted only for studies completed in the 4 years prior to the commencement of this course. |
Expiry | 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 student 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
Award title | MASTER OF ECONOMICS |
Approved abbreviation | MEc |
Inclusion of majors on testamur | Any major studied may appear on the testamur |
Exit with lesser award | Students 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 |