Master of Economics and Resource Policy (MEconResourcePolicy)
Master of Economics and Resource Policy (MEconResourcePolicy)
Program Code
MERP
Program Faculty
Faculty of Arts, Business, Law and Economics
Academic Year
2024
These Program Rules should be read in conjunction with the University's policies (https://www.adelaide.edu.au/policies).
Overview
The Master of Economics and Resource Policy is designed to provide comprehensive understanding of economic concepts, and advanced methods for modelling and analysing data to graduates of various disciplines. Students will have the opportunity to apply economic principles across various domains, including public policy, international trade, agribusiness and natural resources.
The Master of Economics and Resource Policy is an AQF Level 9 qualification with a standard full-time duration of 2 years.
Program Learning Outcomes
- Critically reflect on and apply concepts, theories and principles to identify and address economic problems.
- Demonstrate relevant knowledge and application of methodologies and skills to inform economic decision-making.
- Analyse current economic issues and trends and investigate possible solutions.
- Use appropriate tools and technology to obtain, evaluate and analyse data.
- Communicate in a professional manner, both in writing and orally, to specialists and non-specialist audiences on economic matters.
Conditions
Interruption of program: Students must apply for permission from the Faculty before taking a Leave of Absence. Any extension of the leave without approval will result in the loss of place in the program but an application may be made to be re-admitted to the program subject to the admission procedures in place at the time.
Program Maximum Duration: As specified in Table 1 of the Coursework Academic Programs Policy, this program must be completed within a Maximum Duration which includes any periods of non-enrolment, leave of absence or approved study at other institutions for credit towards a Program.
Academic Program Rules for Master of Economics and Resource Policy
There shall be a Master of Economics and Resource Policy.
Qualification Requirements
To qualify for the Master of Economics and Resource Policy , the student must complete satisfactorily a program of study consisting of the following courses with a combined total of not less than 48 units, comprising:
- Core courses to the value of 12 units.
- Elective courses to the value of 27 units with the option of up to two specialisations in the following:
- Economic Analysis
- Global Food and Agribusiness
- International Trade - If studying a PhD pathway, elective courses to the value of 24 units.
- A research dissertation to the value of 9 units. If studying a PhD pathway, a research dissertation to the value of 12 units.
Core Courses
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Core courses
To satisfy the requirements for Core courses students must complete courses to the value of 12 units.
All of the following courses must be completed:
Subject/Catalogue Course Title Unit Value AGRIBUS 7055 Global Food and Agricultural Markets 3 ECON 7200 Economic Principles (M) 3 ECON 7245 Cost-Benefit Analysis 3 TRADE 7004 Principles of International Trade and Development 3 -
Research Dissertation
All of the following courses must be completed:
To satisfy the requirements for Research Dissertation, students must complete courses to the value of 9 units, or 12 units if studying a PhD pathway.
Students must complete a research dissertation of not longer than 12,000 words:
All of the following courses must be completed if completing 9 units of Research Dissertation:Subject/Catalogue Course Title Unit Value AGRIBUS 7061 Research Project Part 1 - Research Principles & Methods 3 AGRIBUS 7063 Research Project for MERP 6 or
All of the following courses must be completed if studying the PhD pathway:
Subject/Catalogue Course Title Unit Value AGRIBUS 7061 Research Project Part 1 - Research Principles & Methods 3 AGRIBUS 7062A Research Project Part 2 - PhD Pathway for MERP 0 AGRIBUS 7062B Research Project Part 2 - PhD Pathway for MERP 9
Electives
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Electives
To satisfy the requirements for elective courses, students complete courses to the value of 27 units. If studying the PhD pathway, students complete courses to the value of 24 units.
Courses up to the value of 18 units may be taken from the following:
Subject/Catalogue Course Title Unit Value ECON 7070 Labour Economics PG 3 ECON 7243 Applied Econometrics PG 3 ECON 7016 Resource & Environmental Economics PG 3 ECON 7032 Public Economics PG 3 ECON 7044 International Finance PG 3 ECON 7058 Development Economics PG 3 ECON 7062 Game Theory PG 3 ECON 7072 International Trade PG 3 ECON 7114 Money, Banking and Financial Markets PG 3 ECON 7241 Managerial Economics IID 3 ECON 7242 Intermediate Applied Econometrics IID 3 ECON 7071 Intermediate Macroeconomics IID 3
Specialisation
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Specialisations
Economic Analysis
To satisfy the requirements for Economics Analysis specialisation, students must complete courses to the value of 12 units.
Courses to the value of 3 units from the following:
Subject/Catalogue Course Title Unit Value ECON 7067 Economic Development IV 3 ECON 7102 International Trade IV 3 ECON 7115 Public Economics IV 3 ECON 7121 Microeconomic Theory IV 3 ECON 7122 Macroeconomics IV 3 ECON 7204 Econometrics IV 3 ECON 7223 Time Series Econometrics IV 3 and
Courses to the value of 9 units from the following:
Subject/Catalogue Course Title Unit Value ECON 7067 Economic Development IV 3 ECON 7102 International Trade IV 3 ECON 7115 Public Economics IV 3 ECON 7121 Microeconomic Theory IV 3 ECON 7122 Macroeconomics IV 3 ECON 7204 Econometrics IV 3 ECON 7223 Time Series Econometrics IV 3 ECON 7243 Applied Econometrics PG 3 ECON 7016 Resource & Environmental Economics PG 3 ECON 7032 Public Economics PG 3 ECON 7044 International Finance PG 3 ECON 7058 Development Economics PG 3 ECON 7062 Game Theory PG 3 ECON 7072 International Trade PG 3 ECON 7114 Money, Banking and Financial Markets PG 3 ECON 7070 Labour Economics PG 3 ECON 7221 The Economics of Climate Change 3 Global Food and Agribusiness
To satisfy the requirements for Global Food and Agribusiness specialisation, students must complete courses to the value of 12 units.
All of the following courses must be completed:
Subject/Catalogue Course Title Unit Value AGRIBUS 7054 Global Food & Agricultural Policy Analysis 3 AGRIBUS 7057 Trends & Issues in the World Food System 3 and
Courses to the value of 6 units from the following:
Subject/Catalogue Course Title Unit Value AGRIBUS 7064 Water Security and Governance 3 AGRIBUS 7053 Globalisation & Agriculture in Emerging Economies 3 AGRIBUS 7056 Management and Performance of Global Food Chains 3 AGRIBUS 7059 Experiences and Insights in Agri-food Systems 3 AGRIBUS 7060 Innovation Systems and Policy Transformation 3 AGRIBUS 7065 Agricultural Decision Making 3 AGRIBUS 7041 Topics in Agricultural Business A 3 International Trade
To satisfy the requirements for International Trade specialisation, students must complete courses to the value of 12 units.
All of the following courses must be completed:
Subject/Catalogue Course Title Unit Value TRADE 5000 International Trade: Negotiations & Agreements 3 TRADE 5001 International Trade: Strategies & Opportunities 3 and
Courses to the value of 6 units from the following:
Subject/Catalogue Course Title Unit Value TRADE 7005 Agriculture and Food in International Trade 3 TRADE 7007 MNCs, Trade & Sustainable Development 3 TRADE 7008 Services Trade 3