A masters refers to the completion of a graduate study program that prepares students to further their knowledge of a specific subject or advance their careers. The majority of masters are granted by state or public universities.
Aside from the distinguishing between microeconomics and macroeconomics, students who are studying economics must also learn the difference between positive economics and normative economics. The former deals with that which is, while the later deals with that which ought to be. Other distinguishing characteristics include economic theory and applied economics.
Australia is an island country and continent of the southern hemisphere, in the SW Pacific, a member state of the Commonwealth.
Master in Economic Studies in Australia
The Master of Professional Economics will equip you with the economic principles needed to be an effective and influential policy advisor in a changing global environment. [+]
The Master of Economics is for students who may be required to transfer from the Doctor of Philosophy because they did not pass the: two comprehensive exams at the end of Year 1 required paper at the end of Year 2 (Stage 1 Assessment), or required paper at the end of Year 3 (Stage 2 Assessment). [+]
Career options include management-level positions in industry or government, and academic positions.[-]