Master-level studies involve specialized study in a field of research or an area of professional practice. Earning a master’s degree demonstrates a higher level of mastery of the subject. Earning a master’s degree can take anywhere from a year to three or four years. Before you can graduate, you usually must write and defend a thesis, a long paper that is the culmination of your specialized research.
Aside from the distinguishing between microeconomics and macroeconomics, students who are studying economics must also learn the difference between positive economics and normative economics. The former deals with that which is, while the later deals with that which ought to be. Other distinguishing characteristics include economic theory and applied economics.
Australia is an island country and continent of the southern hemisphere, in the SW Pacific, a member state of the Commonwealth.
There are various both state and private owned higher learning institutions in Townville area. Universities like James Cook University and Barrier Reef Institute of TAFE are based here or have campuses .
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