Why Master of Economics and Resource Policy?
International trade is vital to economic growth – influencing the lives of people across the globe. It can result in higher quality products, lower domestic prices and more employment opportunities.
Learn about agriculture and food markets, services in international trade, sustainable development, policy development and international investment. Use economic theories and modelling solutions to advise global businesses, analyse policies and predict economic outcomes. Help improve societal wellbeing and economic results with your international trade knowledge and understanding of how economies thrive. Be at the forefront of making smart and sustainable changes in our rapidly changing world.
Overview
In this degree you will learn how to analyse decisions made by individuals, governments and businesses, evaluating their impacts on individual and societal wellbeing. You’ll develop the skills and knowledge to advise on business strategy to optimise economic performance and shape public policy. Discover the context behind major economic events. Build in-depth knowledge on International Trade through your specialisation, learning about trade and development theory with an emphasis on practical skills.
You will understand how to negotiate, implement and monitor the effectiveness of international trade policy. Delve into real issues of international trade including environmental sustainability, competition policy and food supply. Complete an applied research project that will support your career objectives. As a graduate, you’ll find work across areas like public services, consultancies, not-for-profits and private business.
Key features
Learn from renowned scholars and research-active economists.- Learn to apply economic theory and methods to resourcing and policy development.
- Graduate job-ready with a competitive edge and specialised knowledge in International Trade.
- Choose electives in research, career development or an internship.
- Complete a research project aligned to your career goals.
- Study alongside a cohort of diverse professionals with varied backgrounds and experiences.
What you'll learn
In just two years, master the skills of a modern and informed economist with specialised knowledge in international trade. Be equipped with newfound insights and be empowered to offer expert advice on multiple global issues.
Complete core topics on a range of areas including:
- Economic Principles
- Global Food and Agricultural Markets
- Principles of International Trade and Development
- Cost-Benefit Analysis.
You’ll build the necessary frameworks to understand international policy and issues of resource use and allocation. Develop practical skills for both academic and professional success through a professional internship.
As part of your International Trade specialisation, delve into topics on strategic opportunities in international trade markets, negotiations and agreements, and analytical tools to understand research in international trade, sustainable development and more.
Tailor your studies to your individual career objectives with this flexible Adelaide University degree. Choose courses that will build your research skills and further career development opportunities. Complete a research project that explores an area of economics, resource policy and international trade that aligns with your interests, and that could set you on the pathway to a PhD.
You’ll also choose from elective courses to broaden your knowledge in areas such as economic analysis, global food and agribusiness or public economic and policy.
Specialisations
The Master of Economics and Resource Policy is also available with specialisations in the following:
You can also choose to study this degree without a specialisation.
What courses you'll study
Complete 96 units for either of the following:
- All of the following:
- 42 to 54 units for Core courses, and
- 12 to 24 units for one Specialisation from Specialisations, and
- 30 to 54 units for Electives, or
- All of the following:
- 42 to 54 units for Core courses, and
- 30 to 54 units for Electives
Complete 42 to 54 units comprising:
- 42 units for all Program core courses, and
- One of the following:
- 12 units from Program selective courses - Economic Analysis, or
- 12 units from Program selective courses - International Trade, or
- 6 units from Program selective courses - Public Economics and Policy
| Course name | Course code | Units | |
|---|---|---|---|
|
Course name
Economic Principles
|
Course code
ECON5001
|
Units
6
|
|
|
Course name
Global Food and Agricultural Markets
|
Course code
ECON5015
|
Units
6
|
|
|
Course name
Cost-Benefit Analysis
|
Course code
ECON5016
|
Units
6
|
|
|
Course name
Principles of International Trade and Development
|
Course code
ECON5017
|
Units
6
|
|
|
Course name
Research Methods and Development
|
Course code
ECON6000
|
Units
6
|
|
|
Course name
MERP Research Project
|
Course code
ECON6023
|
Units
12
|
| Course name | Course code | Units | |
|---|---|---|---|
|
|
Course name
Advanced Development Economics
|
Course code
ECONX400
|
Units
6
|
|
|
Course name
Macroeconomic Theory
|
Course code
ECONX402
|
Units
6
|
|
|
Course name
Microeconomic Theory
|
Course code
ECONX403
|
Units
6
|
|
|
Course name
Time Series Econometrics
|
Course code
ECONX407
|
Units
6
|
|
|
Course name
Behavioural Game Theory and Experiments
|
Course code
PSYCX400
|
Units
6
|
| Course name | Course code | Units | |
|---|---|---|---|
|
|
Course name
Agriculture and Food in International Trade
|
Course code
ECON6015
|
Units
6
|
|
|
Course name
Services Trade
|
Course code
ECON6016
|
Units
6
|
|
|
Course name
International Trade Theory and Applications
|
Course code
ECON6018
|
Units
6
|
|
|
Course name
Economics of International Finance
|
Course code
ECON6022
|
Units
6
|
|
|
Course name
International Trade
|
Course code
IBUSX400
|
Units
6
|
| Course name | Course code | Units | |
|---|---|---|---|
|
|
Course name
Labour Economics Analysis and Applications
|
Course code
ECON6001
|
Units
6
|
|
|
Course name
Game Theory and Applications
|
Course code
ECON6021
|
Units
6
|
|
|
Course name
Public Economic Theory
|
Course code
ECONX404
|
Units
6
|
Complete 12 units for ALL of the following:
| Course name | Course code | Units | |
|---|---|---|---|
|
|
Course name
International Trade: Negotiations and Agreements
|
Course code
ECON5012
|
Units
6
|
|
|
Course name
International Trade: Strategies and Opportunities
|
Course code
ECON5019
|
Units
6
|
Complete 30 to 54 units comprising:
- 0 to 6 units from University-wide electives, and
- 24 to 54 units for all Program electives
| Course name | Course code | Units | |
|---|---|---|---|
|
|
Course name
Monetary Economics in Theory and Practice
|
Course code
BAFI6001
|
Units
6
|
|
|
Course name
Econometric Analysis and Applications
|
Course code
ECON5006
|
Units
6
|
|
|
Course name
Public Economics Analysis and Applications
|
Course code
ECON5007
|
Units
6
|
|
|
Course name
Trends and Issues in the World Food System
|
Course code
ECON5011
|
Units
6
|
|
|
Course name
International Trade: Negotiations and Agreements
|
Course code
ECON5012
|
Units
6
|
|
|
Course name
International Trade: Strategies and Opportunities
|
Course code
ECON5019
|
Units
6
|
|
|
Course name
Development and Growth Economics
|
Course code
ECON5020
|
Units
6
|
|
|
Course name
Labour Economics Analysis and Applications
|
Course code
ECON6001
|
Units
6
|
|
|
Course name
Environmental and Resource Economics and Applications
|
Course code
ECON6004
|
Units
6
|
|
|
Course name
Water Security and Governance
|
Course code
ECON6011
|
Units
6
|
|
|
Course name
Globalisation and Agriculture in Emerging Economies
|
Course code
ECON6013
|
Units
6
|
|
|
Course name
Agricultural Decision Making
|
Course code
ECON6014
|
Units
6
|
|
|
Course name
Agriculture and Food in International Trade
|
Course code
ECON6015
|
Units
6
|
|
|
Course name
Services Trade
|
Course code
ECON6016
|
Units
6
|
|
|
Course name
MNCs, Trade and Sustainable Development
|
Course code
ECON6017
|
Units
6
|
|
|
Course name
International Trade Theory and Applications
|
Course code
ECON6018
|
Units
6
|
|
|
Course name
Game Theory and Applications
|
Course code
ECON6021
|
Units
6
|
|
|
Course name
Economics of International Finance
|
Course code
ECON6022
|
Units
6
|
|
|
Course name
Management and Performance of Global Food Chains
|
Course code
ECON6024
|
Units
6
|
|
|
Course name
Advanced Development Economics
|
Course code
ECONX400
|
Units
6
|
|
|
Course name
Econometric Theory
|
Course code
ECONX401
|
Units
6
|
|
|
Course name
Macroeconomic Theory
|
Course code
ECONX402
|
Units
6
|
|
|
Course name
Microeconomic Theory
|
Course code
ECONX403
|
Units
6
|
|
|
Course name
Public Economic Theory
|
Course code
ECONX404
|
Units
6
|
|
|
Course name
Time Series Econometrics
|
Course code
ECONX407
|
Units
6
|
|
|
Course name
International Trade
|
Course code
IBUSX400
|
Units
6
|
|
|
Course name
Impact Evaluation Methods and Applications
|
Course code
POLI6000
|
Units
6
|
|
|
Course name
Behavioural Game Theory and Experiments
|
Course code
PSYCX400
|
Units
6
|
Career outcomes
Graduate with a dynamic skillset in economics and international trade that can be applied among a diverse range of careers and industries. Be at the forefront of making smart and sustainable changes in our rapidly changing world.
You might work as a trade economist, analysing international trade patterns and providing insights. You could even work on international trade policy, evaluating frameworks and providing recommendations for improvement.
Other careers also include:
- Economic researcher
- Trade policy negotiator
- Global supply chain manager
- Trade compliance specialist
- International business analyst
- International trade advisor.
Industry trends
In 2023, the World Economic Forum Future of Jobs Report predicted the largest net-job creators will likely emerge from technological, environment and economic trends. Each of these areas draw on economic learning. The report also found economic trends including rising cost of living, slow economic growth, geopolitical divisions and the ongoing impact of the COVID-19 pandemic will continue disrupting the labour market (World Economic Forum, 2023). With your knowledge in economics, resource policy and international trade, global businesses and governments will seek your expertise to navigate market disruptions and react to consumer demands.
Ready to apply?
Please note that a non-refundable application fee of AUD$150 applies for every application submitted to Adelaide University.
Your study experience and support
Adelaide University sets you up for success in your studies – and your social life. You’ll have access to work placement and internship opportunities, overseas study tours and exchanges, networking events with guest speakers and more. Our campuses are equipped with purpose-built facilities including lecture theatres, libraries, workshops, laboratories, and spaces that simulate real work environments. These are all supported by the latest technologies and a 24/7 online learning platform with personalised study information and resources.
You’ll have everything you need to live well and thrive during your studies, with health services on campus, gymnasiums, technology zones and modern student lounges. Get involved in campus sport or join our student clubs that will connect you to your passions – and the people who share them.
Adelaide also has a variety of accommodation options to suit your individual requirements and budget, with options ranging from dedicated student accommodation to private rentals. One of the world’s most liveable cities, Adelaide has lots of leafy parks, gardens and social hubs – and some of the highest living standards globally. No matter where you are in Adelaide, you’re only a short distance from beaches, vineyards, museums, art galleries, restaurants, bars and parklands. Visit the accommodation web page to find out more.
Student services
We’re here to support you on your student journey. Adelaide University offers a range of support services and facilities, including:
- Career advice and mentoring services
- Personal counselling
- LGBTQIA+ support
- Academic support
- Fees and finance help
- Security services
- Accommodation services
- Common rooms
- Prayer rooms.
You’ll also have unlimited access to our dedicated student support hub. Visit in-person or online, or contact our friendly team by phone. We can assist you with anything study-related including enrolment, identification cards, timetables, fees and more.
Your campus
You'll be studying at one of our renowned campuses, accessing cutting-edge facilities and contemporary study spaces.
Study hours
Your courses will require a combination of different learning formats, including lectures, tutorials, workshops, seminars and practicals. Aside from your classes, you’ll also need to allocate additional time for independent study. This may include assignments, readings, projects and contributing to online discussion forums. As a rough guide, full-time studies may require 12-26 hours of class time and 14-18 hours of independent study per week.
Assessment
During your studies at Adelaide University, you’ll complete a mixture of practical, professional and research-based learning. Your assessment types will vary depending on the degree you’re studying, but may include:
- Case studies
- Essays and assignments
- Examinations
- Group projects
- Internships and placements
- Practicals
- Presentations
- Reports and project documentations
- Research projects
- Workplace and classroom contributions.
