Program Page

The Master of International and Development Economics (2 years full-time, or part-time equivalent) is a policy-oriented program of applied economic theory and econometrics, with a wide range of electives to suit your professional interests.

Help local regions prosper, improve international trade and development opportunities, and gain insights into global economic trends. With world-class training in applied economics and econometrics, you will learn to apply key analytical frameworks to influence economic policies for trade, finance, development and the environment. 

This program is designed to improve policymaking processes with advanced economic-analysis skills. With world-class training in applied economics and econometrics from ANU Crawford School of Public Policy, you will learn to apply key analytical frameworks to influence economic policies for trade, finance, development and the environment.

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Through your choice of electives, you will have the opportunity to cultivate a distinguished and specialist skill set in the field of international and development economics. This will prepare you for worldwide senior policy officer and management roles. 

This program is a cross-disciplinary program that will expose you to diverse perspectives on current and emerging economic issues and equip you with the skills to develop innovative, evidence-based responses. 

You can tailor your studies to suit your interests. The program offers five specialisations as follows: 

Development Policy

Development Policy: develop your analytical understanding of the economic principles and politics underlying development policies. 

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Sound development policy relies on effectively assisting developing countries while enhancing self-sufficiency, agency, and improved governance. This specialisation at ANU, a leading international center for development, provides students with an advanced analytical understanding of the economic principles and politics underlying development policies.

Economies of Asia and the Pacific

Economies of Asia and the Pacific: acquire a comprehensive understanding of the economic, trade and development issues relevant to developing and managing long-term policy and programs in the Asia Pacific. 

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Emerging economies in the Asia-Pacific are contributing a large share of global economic growth. This specialisation provides a comprehensive understanding of the economic, trade and development issues relevant to developing and managing long-term policy and programs in Asia-Pacific.

International Trade and Finance

International Trade and Finance: become equipped with advanced learning in trade and finance theory, together with applied quantitative analysis and the ability to interpret trade and financial data. 

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Economic policies for international trade and finance rely on advanced understanding and high-level skills in quantitative economics. This specialisation will provide students with advanced knowledge of trade and finance theory combined with applied quantitative analysis and interpretation of trade and financial data.

Macroeconomic Policy

Macroeconomic Policy: develop an advanced understanding of national and international macroeconomic policy, monetary and finance policy and central banking. 

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A sound macroeconomic approach to real-world problems and the development of policy and programs to deliver long-term growth rely upon advanced economic knowledge and technical know-how. This specialisation provides students with the opportunity for advanced understanding of national and international macroeconomic policy, monetary and finance policy and central banking. This specialisation will also provide students with the opportunity to develop skills in computable general equilibrium modelling and time series econometrics and forecasting.

Microeconomic Policy

Microeconomic Policy: develop an advanced understanding of microeconomic policy and evaluation. This specialisation will also provide students with the skills in econometrics. 

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A sound microeconomic approach to real-world problems and the development of policy and programs to deliver improvements in economic welfare rely upon advanced economic knowledge and technical know-how. This specialisation provides students with advanced understanding of microeconomic policy and evaluation. This specialisation will also provide students with the skills in econometrics. To maximise learning and career outcomes for those in government, banking and finance across public, private and non-government sectors, an Academic Convenor provides advice on course planning, events of interest and meets regularly with the group.

The focus of the Master of International and Development Economics on national and global economic issues attracts influential development and economic professionals from across the region. 

Graduates of this program are making an impact addressing political, social, economic and environmental challenges in Australia and around the world working as: 

  • Economists with national and international banks, such as the World Bank and IMF  

  • Economic analysts within local, state and federal governments 

  • Policy makers  

  • NGO Program managers 

  • Governance and risk managers 

  • Researchers 

The learning experience

The Crawford School of Public Policy prides itself on our excellence and commitment to students’ learning and professional development. Our interactive classes facilitate open, safe, and robust discussion and debate. Whether studying online or face to face, you will benefit from actively participating in our inclusive learning experience.  Real-time interaction, discussion and debate between students and with convenors is a central part of the learning experience. Attendance at interactive classes is a key part of the learning design for both on-campus and online students. 

Our teaching staff are leaders in their respective areas of expertise. They bring this knowledge and expertise to the classroom to inspire, challenge and support students as you carve your professional and personal pathway.  Our work integrated learning program complements our expertise and provides students with an opportunity to be immersed in an organization and gain valuable policy experience while studying. 

You can benefit from our specialised academic skills advisers by attending workshops or booking individual consultations. The team provides focused support and resources to help students develop and strengthen their academic and research skills, preparing you for success and graduation.   

You will complete a combination of compulsory and elective courses to tailor their program to meet your professional goals.   

Scholarships

The Crawford School of Public Policy offers the Joint Japan/World Bank Graduate Scholarship Program (JJ/WBGSP). This scholarship is available to citizens of eligible developing countries to undertake study at universities renowned for their development research and teaching in key development areas.  

Contact crawford.enquiries@anu.edu.au for further information on this scholarship, including how to apply.  DO NOT apply through the online portal. 

The Australian National University (ANU) offers a wide range of scholarships to assist students with the cost of their studies.  

Eligibility to apply for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are. Specific scholarship application process information is included in the relevant scholarship listing.  

Whether you are looking for financial support to start your studies at ANU or help to move away from home for the first time, we have scholarship opportunities for you and your situation.  

Graduate Certificate of International and Development Economics

For those unable to commit to the full 2 year (full-time) program, there are multiple pathway options for this degree including the Graduate Certificate of International and Development Economics. This 24-unit (6 months, full-time) certificate provides an introduction to the immersive Master's experience, as well as an option for an early exit. 

The Graduate Certificate of International and Development Economics is designed for students seeking to start or advance their careers in international development. 

This program, offered by The Australian National University's (ANU) Crawford School of Public Policy, combines the theoretical and practical expertise of leading academics. By the end of this course you will: 

  • Understand and be able to analyse economic policies; 

  • Use economic concepts and methods to analyse key issues in international and development economics; 

  • Engage with academic literature in applied economics and economic policy. 

If you have further questions about these programs, please contact the Program Coordinator or Convenor below.   

Program Coordinator   
crawford.degrees@anu.edu.au  

Convenor   
Professor Paul Burke 
paul.j.burke@anu.edu.au