Master of Economics and Resource Policy specialising in International Trade

2 Years On Campus Masters Program

University of Adelaide

Program Overview

The Master of Economics and Resource Policy specializing in International Trade at the University of Adelaide is designed for students who are passionate about understanding the complexities of global trade and resource management. This program equips students with the analytical skills and theoretical knowledge necessary to navigate the challenges of international markets and resource allocation.

Curriculum Structure:

Year 1: Students build core knowledge through Economic Principles, Global Food and Agricultural Markets, Principles of International Trade and Development, Cost-Benefit Analysis, and specialised subjects such as International Trade: Strategies and Opportunities and International Trade: Negotiations and Agreements.

Year 2: Students develop advanced international trade and research skills through specialised trade courses, electives, Research Methods and Development, and the MERP Research Project. Students can also undertake an internship or career-development course while applying economic and trade models to real-world policy and business issues.

Focus Areas: International Trade, Resource Management, Economic Policy

Learning Outcomes: Analytical Skills, Policy Development, Economic Theory Application

Professional Alignment (Accreditation): The program is aligned with industry standards and recognized by relevant professional bodies, ensuring that graduates are well-prepared for the workforce.

Reputation (Employability Rankings): The University of Adelaide consistently ranks highly in employability, with QS World University Rankings placing it among the top universities globally for graduate employability.

Experiential Learning (Research, Projects, Internships etc.)

At the University of Adelaide, the Master of Economics and Resource Policy specializing in International Trade offers students a unique opportunity to gain practical skills that are essential for success in today’s global economy. The program emphasizes experiential learning, allowing you to apply theoretical knowledge in real-world contexts. You’ll have access to state-of-the-art facilities and resources that enhance your learning experience, including advanced software, collaborative projects, and opportunities for internships.

Here’s what you can expect in terms of experiential learning:

- Access to Advanced Software: Utilize industry-standard software such as STATA and R for data analysis, which are crucial for economic modeling and research.
- Group Projects: Engage in collaborative projects that simulate real-world economic challenges, fostering teamwork and problem-solving skills.
- Internship Opportunities: Gain hands-on experience through internships with local and international organizations, providing valuable insights into the field of international trade.
- Field Trips: Participate in field trips to relevant institutions and businesses, allowing you to see economic principles in action and network with professionals.
- Research Laboratories: Work in dedicated research labs equipped with the latest technology to conduct economic research and analysis.
- Access to Libraries: Benefit from extensive library resources, including access to economic databases and journals that support your research and studies.
- Collaboration with Institutes: Engage with the university’s research institutes focused on economics and trade, providing additional learning and networking opportunities.

Progression & Future Opportunities

Graduating with a Master of Economics and Resource Policy specializing in International Trade from the University of Adelaide opens up a world of opportunities. Graduates are well-prepared for roles such as Trade Policy Analyst, Economic Consultant, and International Business Manager. This program equips you with the skills and knowledge to navigate complex global markets and contribute to effective resource management:

- University Services: The University of Adelaide offers dedicated career services, including personalized career counseling, resume workshops, and interview preparation sessions to help you secure your ideal job. Additionally, the Adelaide Business School provides networking events and industry guest lectures that connect you with potential employers.

- Employment Stats and Salary Figures: According to recent data, graduates from the University of Adelaide have a high employment rate, with over 90% securing jobs within six months of graduation. The average starting salary for graduates in economics and related fields is around AUD 70,000, with potential for growth as you gain experience.

- University–Industry Partnerships: The University of Adelaide has established strong partnerships with leading organizations such as the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) and various international trade bodies. These connections provide students with valuable internship opportunities and real-world insights.

- Long-term Accreditation Value: The Master of Economics and Resource Policy is accredited by relevant professional bodies, ensuring that your qualification is recognized and respected in the industry, enhancing your employability in the long run.

- Graduation Outcomes: Graduates of this program are not only equipped with theoretical knowledge but also practical skills, making them highly sought after in various sectors, including government, non-profits, and multinational corporations.

Further Academic Progression: After completing your Master’s degree, you may choose to pursue a PhD in Economics or a related field, which can lead to academic positions or advanced research roles. Alternatively, you could consider specialized certifications in areas such as data analysis or international business, further enhancing your expertise and career prospects.