Program Overview

Master of Agricultural Economics

The Master of Agricultural Economics is a globally relevant economics degree that focuses on analysis of production, consumption, and trade issues in the global food, fibre and energy sectors.

Course Details

• Duration: 1.5-2 years full-time
• Course Code: 73530
• CRICOS code: E
• Locations: Perth (Crawley campus)
• Attendance: Full-time, Part-time
• Delivery: On-campus, Online
• Starting dates: Semester 1, Semester 2

Careers and Further Study

• Career opportunities for graduates from the program are broad and include consulting, agribusiness, grain marketing and grains trading, economic advice agencies, banking, insurance and risk management, development agencies, and government and non-governmental organisations in developed or developing countries.
• Students completing this degree may have the option to pursue further studies in research.

Fees and Scholarships

• Domestic Student Fees: For Commonwealth-supported places, student contribution amounts are charged by unit, based on area of study. Fees are subject to annual indexation.
• International Student Fees: Annual course fee (2025) - $50,700.00
• Scholarships: Available to students from a diverse range of backgrounds, including academic achievement, financial need, educational disadvantage, leadership and community service, artistic or sporting achievements, and being from a rural or remote area.

Admission Requirements

• To be considered for admission to this course an applicant must have:
  • A Bachelor's degree, or an equivalent qualification, as recognised by UWA
  • The equivalent of a UWA weighted average mark of at least 50 per cent
  • Completed prior studies at a tertiary level with significant content in economics, statistics/econometrics or mathematics; or in a related cognate discipline, as recognised by UWA
• English competency: Minimum overall IELTS score of 6.5, with no band less than 6.0

Course Structure

• Conversion units (up to 24 points):
  • AGRI4409 Fundamentals of Agricultural Science (6)
  • ECON4002 Core Concepts in Agricultural and Applied Economics (6)
  • SCIE4401 Data Use in Science (6)
  • SCIE4403 Ethical Conduct and Communication in Science (6)
• Core units (18 points):
  • ECON5003 Microeconomic Theory for Agricultural and Environmental Economics (6)
  • ECON5004 Microeconometric Models for Agricultural and Environmental Economics (6)
  • SCIE4402 Data Management and Analysis in the Natural Sciences (6)
• Option - Coursework and Dissertation:
  • SCIE5571 Dissertation Part 1 (6)
  • SCIE5572 Dissertation Part 2 (6)
  • SCIE5573 Dissertation Part 3 (6)
  • SCIE5574 Dissertation Part 4 (6)
• Option - Coursework Only:
  • SCIE5004 Professional Skills in Science (6)
  • SCIE5005 Science in Practice (6)
• Agribusiness specialisation:
  • AGRI5402 Agribusiness (6)
  • AGRI5403 Advanced Commodity Marketing (6)
  • ECON5002 Agriculture and Economic Development (6)
  • MGMT5511 Introduction to Global Business (6)
• Development specialisation:
  • AGRI5402 Agribusiness (6)
  • ECON4408 Advanced Development Economics (6)
  • ECON5001 Economic Development in Theory and Practice (6)
  • ECON5002 Agriculture and Economic Development (6)
• Production and Resource Economics specialisation:
  • ECON4410 Environmental and Resource Economics (6)
  • ECON5005 Production Economics and Efficiency Analysis (6)
  • ECON5511 Climate, Energy and Water Economics (6)
  • SCIE4510 Applied Cost Benefit Analysis (6)

Why Study Agricultural Economics?

• Understand what key biophysical, social, policy, and economic drivers are important to improve the management of agricultural production systems
• Expand and/or deepen your knowledge base in agricultural and resource economics
• Institute of Agriculture, including possibility of jointly-supervised thesis research
• This degree prepares you for career opportunities in consulting, industry, government and non-governmental organisations

Ranked 1st in Australia and 9th in the world for Agricultural Sciences (GRAS 2024)