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Masters specialising in Applied Economic
Home > Programmes > Postgraduate > Masters specialising in Applied Economic

Masters specialising in Applied Economic

M031/CM032ECO08 - Master of Commerce specialising in Applied Economics

Programme convener:  Prof Malcolm Keswell

Entrance requirements:

An average of at least 65% in an Honours degree in Economics. Before admission to this stream of the programme a candidate shall have completed quantitative courses in Econometrics at Honours level‚ or the equivalent. A candidate who has not completed these courses‚ or their equivalent‚ shall be required to complete these as preliminary work whilst registered as a candidate for the degree in addition to the prescribed courses. Applicants may be required to undertake a Graduate Record Examination (GRE) test. Recommendation of acceptance is at the discretion of the Graduate Committee of the School of Economics.

Programme outline:

The School of Economics offers a Masters specialising in Applied Economics in recognition of the need for a flexible programme structure which allows students to focus on research while choosing a curriculum best suited to their abilities and interests. The aim is to equip students with essential research skills (both quantitative and writing skills) and knowledge in their chosen area of specialisation. The 120 credit dissertation weighting allows students to qualify for NRF funding.

Duration of the programme:

Offered over two years full–time. The programme begins in January.

Prescribed curriculum/programme structure:

This programme comprises two compulsory courses‚ two optional courses and a dissertation (ECO5066W). Students taking ECO5046F or ECO5021F or ECO5020F  are required to take ECO5011F Quantitative Methods for Economists prior to registering for these courses*. A candidate will ordinarily complete the prescribed courses in the first year‚ and will be expected to complete the dissertation within the following year. The programme comprises 240 credits.

* This course is  non credit bearing for this programme

Compulsory courses

  • ECO5046F Advanced Econometric

At least one of:

  • ECO5021F Advanced Macroeconomics
  • ECO5020F Advance Microeconomics

Optional courses

Two courses to be chosen from the following (one course if both Macroeconomics and Microeconomics are chosen in the first semester):

Research Component

  • ECO5050S International Finance
  • ECO5052S Natural Resource Economics
  • ECO5057S Labour Economics
  • ECO5062S Applied International Trade
  • ECO5064S Views of Institutional and Behavioural Economics
  • ECO5069S Applied Time Series Analysis
  • ECO5070S Microeconometrics
  • ECO5073F Problems of Globalisation‚ Industrialisation and Development
  • ECO5074S Research and Policy Tools
  • ECO5003F Governance and Growth
  • ECO5077S Industrial Organisation
  • ECO5075S Macroeconomic Policy Analysis
  • ECO5076S Development Microeconomics
  • ECO5077S Industrial Organization
  • ECO5066W Minor Dissertation

Options may be added or withdrawn according to circumstances each year. Students may take one approved course from a cognate discipline as an optional course (in either semester). Please consult the School of Economics section of this handbook for descriptions of the compulsory and elective courses.


To qualify for the Masters degree‚ students must pass all courses including the research component to the value of 240 HEQF credits. Candidates are normally expected to complete all the coursework within one year. The 120 credit dissertation‚ which should be no longer than 25 000 words in length‚ is expected to be completed in the year following the coursework.

Readmission rules:

Students who fail may repeat a maximum of two courses of the coursework component once‚ provided that they scored at least 40% at first attempt. If a student fails an elective‚ they may substitute it with another elective. There will be no supplementary examinations. Satisfactory progress for research as per MoU’s (Memorandum of Understanding).

Distinction rules:

The degree will be awarded with distinction if the candidate obtains an overall average mark of 75% or higher‚ and if the candidate obtains not less than 70% for both the coursework component and the dissertation component of the degree.

Further programme specific administrative requirements:

The closing date for applications is 31 October. The programme begins in January.


Applications are now open and close on 31 October. To apply please click Apply here