Master of International and Development Economics

Master of International and Development Economics


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Further information

Program Coordinator

+61 2 6125 0093


Study on campus or online in 2022

In 2022, all courses offered by the Crawford School will be available for either online or on campus study. Online students are expected to attend live online sessions at a particular time each week for their courses. Crawford online courses are not ‘study at your own pace’.


Real-time interaction, discussion and debate between students and with convenors is an central part of the learning experience. Attendance at interactive classes is important for both on campus and online students.

Improve the impact of economic policies for trade, finance, development and the environment with advanced economic analysis.

  • A degree designed to fast-track your career in key national economic departments and global institutions
  • World-class training in applied economics and its use in policy-making
  • Diverse choice of electives to provide pathways for specialisation

If your goal is to improve policy-making processes with advanced economic-analysis skills, then this graduate degree is for you. 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.

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.

The program offers five specialisations as follows:

  • Development Policy: develop your analytical understanding of the economic principles and politics underlying development policies.
  • 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.
  • 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.
  • Macroeconomic Policy: develop an advanced understanding of national and international macroeconomic policy, monetary and finance policy and central banking.
  • Microeconomic Policy: develop an advanced understanding of microeconomic policy and evaluation. This specialisation will also provide students with the skills in econometrics.

Application Deadlines

Please note application deadlines are different for domestic or international students.

Domestic students

This program is with pre-sessional component for domestic students.

Apply by 15 December 2021 for Semester 1 2022 and by 31 May 2022 for Semester 2 2022.

International students

You may find ANU’s general application and acceptance deadlines by visiting the timetable linked here.

However, Crawford School has a number of alternative dates that we would like to draw your attention to:

• Apply before 15 October 2021.

• Offers are released every month with the final offer round on 1 November 2021.

• Acceptance deadline is 1 January 2022.

View the full degree program structure, admission requirements and academic information.

To find out more, contact us at today.

Degree structure

Apply now

Further information

Program Coordinator

+61 2 6125 0093


Shape your degree

Students can choose from a wide variety of courses offered by the economics program, the public policy program at Crawford School, and other parts of ANU. By choosing particular courses, students can create their own professional focus. The combinations listed here are illustrative. Courses can be combined across different professional focus and there are many more electives available than shown below.

Development Policy

IDEC8026 Quantitative Policy Impact Evaluation
IDEC8022 Economic Development
IDEC8007 Aid and Development Policy
IDEC8081 The Economics of Incentives and Institutions
IDEC8031 Development and Environmental Planning in Developing Economies
IDEC8028 The Microeconomics of Development
IDEC8088 Cost-Benefit Analysis: Principles and Practice
POGO8004 Poverty Reduction
POGO8095 Development Policy and Practice
POGO8082 Political Institutions and Policy Processes
POGO8101 Policy Process and Analysis

Economies of Asia and the Pacific

IDEC8010 Quantitative International Economics
IDEC8009 Trade, Development and the Asia-Pacific Economy
ECON8049 Southeast Asia Economic Policy and Development
IDEC8012 Monetary Policy and Central Banking in the Asia Pacific
IDEC8021 The Chinese Economy
IDEC8022 Economic Development
POGO8220 Issues in Japanese Policy

International Trade and Finance

IDEC8010 Quantitative International Economics
IDEC8014 Quantitative Financial Economics
ECON8015 International Economics
ECON8006 International Trade Theory
FINM7044 Applied Valuation
FINM7045 Asian Capital Markets
FINM8007 Topics in International Finance
FINM8016 Portfolio Construction
IDEC8083 The Role of Financial Markets and Instruments for Economic Management and Development
IDEC8009 Trade, Development and the Asia-Pacific Economy
IDEC8127 Modelling the Global Economy: Techniques and Policy Implications
POGO8213 The Global Trading System
POGO8015 Foreign Direct Investment Policy


1-2 year/s full time depending on credit

Admission requirements

A Bachelor degree or international equivalent with a minimum GPA of 5/7. Or, view alternative requirements by clicking the link here.

Applicants with a Bachelor’s degree or Graduate Certificate in a cognate discipline may be eligible for 24 units (one semester) of credit.

Applicants with a Graduate Diploma or Honours in a cognate discipline may be eligible for 48 units (one year) of credit.

Credit may also be available for relevant work experience.

Cognate disciplines

If you have prior study in one of the following cognate disciplines, you may be eligible for credit towards your degree:

Applied Economics; Econometrics; Economic Policy; Economics; Engineering; Mathematics; or Statistics.

View the full degree program structure, admission requirements and academic information.


Shiro Armstrong's picture

Shiro Armstrong

Director, Australia-Japan Research Centre; Director, East Asian Bureau of Economic Research; and Associate Professor, Crawford School

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Robert Breunig's picture

Robert Breunig

Professor and Director, Tax and Transfer Policy Institute

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Paul Burke's picture

Paul Burke

Professor and Head, Arndt-Corden Department of Economics

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Hoang Long Chu's picture

Hoang Long Chu

Associate Professor, Crawford School of Public Policy

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Creina Day's picture

Creina Day

Associate Professor

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Xue Sarah Dong's picture

Xue Sarah Dong


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Renée Fry-McKibbin's picture

Renée Fry-McKibbin


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Ippei Fujiwara's picture

Ippei Fujiwara

Professor of Macroeconomics

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Quentin Grafton's picture

Quentin Grafton

Professor; Chairholder UNESCO Chair in Water Economics and Transboundary Water Governance

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Stephen Howes's picture

Stephen Howes

Professor of Economics
Director, Development Policy Centre

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Phone: +61 2 6125 7553

Room: Chauffeurs Cottage, Crawford School

Firman Kartaadipoetra's picture

Firman Kartaadipoetra

Fellow, Indonesia Project, The Arndt-Corden Department of Economics

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Blane Lewis's picture

Blane Lewis

Professor, Head of Indonesia Project, Lead Editor Bulletin of Indonesian Economic Studies (BIES)

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Larry Weifeng Liu's picture

Larry Weifeng Liu

Research Fellow, CAMA, ANU

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Thomas Longden's picture

Thomas Longden

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Warwick McKibbin's picture

Warwick McKibbin

Professor and Director, ANU Centre for Applied Macroeconomic Analysis (CAMA) in the Crawford School of Public Policy at the Australian National University (ANU)

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Hoa Nguyen's picture

Hoa Nguyen

Senior Lecturer

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Tatsuyoshi Okimoto's picture

Tatsuyoshi Okimoto

Associate Professor of Economics and Finance

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Budy P Resosudarmo's picture

Budy P Resosudarmo

Professor, Arndt-Corden Department of Economics; Deputy Head, Poverty and Inequality Research Centre; Researcher, Indonesia Project

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Mathias Sinning's picture

Mathias Sinning

Associate Professor, Crawford School of Public Policy

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Ligang Song's picture

Ligang Song

Professor of Economics in Arndt-Corden Department of Economics

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David Stern's picture

David Stern


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Yixiao Zhou's picture

Yixiao Zhou

Senior Lecturer

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Scholarships and fees

Apply now

Further information

Program Coordinator

+61 2 6125 0093


Scholarships and support

Scholarship opportunities are available for national and international students.

Find our more about scholarships and support that may be available to you for postgraduate qualification at ANU.


Costs associated with your study at ANU will depend on a number of things, including your study program and whether you’re a national or international student.

Find out more about costs and fees associated with studying at ANU.

Updated:  27 January 2022/Responsible Officer:  Crawford Engagement/Page Contact:  CAP Web Team