University of Adelaide

What you'll study

This specialised master's emphasises core economic theory and applied quantitative techniques, then applies them to resource and environmental policy problems. Typical coursework includes advanced microeconomics and macroeconomics, applied econometrics and time series analysis, and cost–benefit and policy appraisal methods. Resource-focused subjects commonly cover environmental and natural resource economics, energy economics, water economics and policy, and valuation techniques for ecosystem services. The program usually offers project- or dissertation-based components that require students to undertake applied economic analysis of a resource policy issue, using empirical methods, modelling or policy evaluation frameworks. Elective options allow deeper study in areas such as applied econometrics, public economics, climate policy, and economic modelling for natural resource management.

Entry requirements

Applicants are expected to hold a bachelor degree or recognised equivalent with a substantial quantitative component; suitable backgrounds include economics, econometrics, mathematics, statistics, engineering or other quantitative sciences. Prior study in introductory microeconomics, macroeconomics and statistics or econometrics is typically required. Where applicants lack some prerequisites, bridging courses or specified undergraduate units may be required before or during the program. International applicants must meet the University's English language requirements (for example, recognised test scores or equivalent evidence of proficiency). Admissions may consider relevant professional experience in lieu of formal study in some cases.

Career prospects

Graduates are equipped for analytical roles in government, industry and the not-for-profit sector that involve economic appraisal and policy design for natural resources and the environment. Common career paths include policy analyst or adviser in federal, state or local government; resource or environmental economist in industry (energy, water, mining, utilities); consultant in environmental or economic consulting firms; researcher in think-tanks or universities; and roles in international organisations and NGOs focusing on sustainable resource management, climate policy and development economics. The quantitative and econometric training also opens opportunities in data analysis and modelling roles across the broader public and private sectors.

Why study at University of Adelaide

The University of Adelaide offers a research-led environment with access to specialists in environmental economics, resource policy and econometrics. Students benefit from links with state and national policy agencies and industry in South Australia, providing opportunities for applied projects and professional networking. The program is delivered by academic staff experienced in applied policy evaluation and empirical methods, and students can take advantage of the University's research centres and interdisciplinary initiatives that focus on sustainability, water and energy policy. Small cohort sizes in advanced units support close supervision for applied projects and dissertations.