Economic Policy

The Master of Economic Policy at the Australian National University is a comprehensive program designed to equip students with the analytical skills and policy expertise necessary to address complex economic challenges faced by governments, international organizations, and private sector entities. This program provides a deep understanding of economic theories, quantitative methods, and real-world policy issues, enabling graduates to develop effective solutions for sustainable economic growth, social equity, and stability. Students will explore a wide range of topics, including macroeconomic and microeconomic analysis, public finance, development economics, labor markets, and international trade. The curriculum emphasizes the importance of evidence-based policymaking and incorporates advanced training in econometrics, data analysis, and economic modeling. Through a combination of coursework, seminars, and applied research projects, students will gain practical experience in designing, evaluating, and implementing economic policies. The program attracts students from diverse backgrounds, including economics, political science, public administration, and related disciplines, fostering a dynamic learning environment rich in different perspectives. Graduates of the Master of Economic Policy are well-prepared for careers in government agencies, international organizations, research institutions, or consultancy firms where they can contribute to policy development and analysis. The Australian National University’s strong ties with policymakers and global economic institutions provide students with valuable networking opportunities and access to leading experts in the field. With a focus on both theoretical foundations and practical applications, this program aims to develop analytical professionals capable of making meaningful contributions to economic policy formulation and implementation at national and international levels.

The Master of Economic Policy at the Australian National University offers an in-depth exploration of the core principles and contemporary issues surrounding economic policymaking. This program is designed to equip students with comprehensive analytical skills and practical knowledge necessary to evaluate, formulate, and implement effective economic policies in complex and dynamic environments. Leveraging ANU's esteemed reputation in economics and policy studies, the curriculum emphasizes both theoretical foundations and real-world applications, preparing graduates for impactful careers in government, international organizations, research institutions, and the private sector.

Throughout the program, students engage with a diverse range of topics, including macroeconomic analysis, microeconomic policy, fiscal and monetary policy management, trade and development economics, and public sector economics. The coursework also covers quantitative methods, economic modelling, and data analysis techniques, enabling students to rigorously assess policy options and outcomes. Critical discussions on current economic challenges such as income inequality, economic growth, unemployment, climate change, and globalization are integral components of the program, fostering a nuanced understanding of the multifaceted nature of economic policy issues.

The program combines rigorous academic coursework with opportunities for practical engagement through internships, research projects, and policy simulations, ensuring that students gain hands-on experience. Faculty members are recognized experts in economics and policy, guiding students through challenging concepts and encouraging innovative thinking. Moreover, the program encourages a multidisciplinary approach, integrating insights from political science, sociology, and public administration to enrich students' understanding of the broader context in which economic policies are formulated and implemented.

Graduates of the Master of Economic Policy graduate with the skills to analyze complex economic data, develop strategic policy interventions, and communicate recommendations effectively to diverse audiences. They are well-prepared for careers in policy analysis, economic consulting, public administration, and research, contributing to sustainable economic development and social well-being. The program's comprehensive curriculum, combined with its strong links to government agencies and international organizations, offers students a unique opportunity to influence real-world economic policies and drive positive change at national and international levels.

The Master of Economic Policy at the Australian National University requires students to complete a total of 72 units of coursework. The program typically spans two years of full-time study, although part-time options may be available subject to approval. To graduate, students must undertake core coursework that covers fundamental principles of economic analysis, policy development, and evaluation, ensuring a solid foundation in economic theory and quantitative methods. In addition to core courses, students choose from a range of elective subjects to tailor the program to their specific interests within economic policy areas such as public sector economics, fiscal policy, monetary policy, and international trade.

The program emphasizes applied skills, including econometric analysis, data interpretation, and policy formulation, preparing graduates for careers in government, international organizations, research institutions, and the private sector. Students are also required to complete a major research project or an applied policy report, which involves independent investigation into a relevant economic policy issue, applying theoretical knowledge and analytical tools to real-world problems. Prerequisites typically include an undergraduate degree in economics or a related discipline with demonstrated quantitative skills; applicants may need to provide evidence of prior study or work experience relevant to economic policy analysis.

The program encourages engagement with current policy debates through seminars, workshops, and interaction with faculty members who are leading experts in the field. Assessment methods include examinations, coursework assignments, presentations, and research reports. To be eligible for graduation, students must achieve a passing grade in all core and elective courses, successfully complete the research component, and meet any additional program-specific requirements set by the university. Students are advised to consult official ANU sources for detailed information regarding admission procedures, fee structures, and any ongoing curriculum updates.

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Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

The Australian National University offers a comprehensive framework for financing studies in the field of Economic Policy. Students enrolled in this program have access to a variety of financial support options designed to facilitate their academic journey and reduce the financial burden of higher education. These include government-sponsored scholarships, university-specific bursaries, and external funding opportunities. The Australian government provides several financial aid programs such as the Commonwealth supported places, which significantly subsidize tuition fees for eligible students, allowing them to pay lower fees compared to international or domestic fee-paying students. Additionally, students can apply for Commonwealth Scholarships based on academic merit or financial need, which provide varying levels of financial assistance to support their studies and living expenses. The university also offers its own scholarship programs, like the ANU Excellence Scholarships and Equity Scholarships, targeting both high-achieving students and those from underrepresented or disadvantaged backgrounds.

Apart from scholarships, students can explore loan options such as HECS-HELP and FEE-HELP, which enable them to defer payment of tuition fees until they are financially able post-graduation. These government-supported loan schemes are available to both domestic and international students, under certain conditions, facilitating access to quality education without immediate financial hardship. The ANU Career Development Office also provides guidance on part-time work opportunities, internships, and placements which can help students supplement their income during their studies. Many students engage in part-time employment both on and off-campus, which offers valuable practical experience alongside financial support.

Moreover, ANU's strong network with industry partners sometimes results in sponsored internships and projects that include stipends or financial remuneration, providing additional funding avenues for students. The university actively promotes financial literacy and planning resources, encouraging students to develop budgets and manage their finances effectively throughout their studies. International students are advised to explore specific scholarships, grants, and support services tailored to their circumstances, as well as ensure they are aware of visa requirements related to work and study entitlements. Overall, the ANU strives to create an inclusive academic environment where financial barriers are minimized, ensuring that talented students can pursue studies in Economic Policy with the necessary financial backing.

The Master of Economic Policy at the Australian National University is a comprehensive program designed to equip students with the advanced knowledge and analytical skills necessary to understand and address complex economic issues facing governments, organizations, and societies. This degree focuses on the development and evaluation of economic policies through rigorous quantitative and qualitative methods. It aims to prepare graduates for careers in government agencies, international organizations, research institutions, and private sector entities that require expertise in economic analysis and policy formulation.

The curriculum covers a broad range of topics including macroeconomic and microeconomic theory, public policy analysis, economic modeling, and econometrics. Students learn to apply these principles to real-world problems related to fiscal policy, monetary policy, taxation, welfare, and sustainable economic growth. Specializations may include labor markets, environmental economics, international trade and finance, and development economics. The program emphasizes practical skills such as data analysis, policy evaluation, and effective communication of complex economic ideas.

Students have opportunities for engaging with prominent economists and policy makers through seminars, workshops, and internships. The program encourages critical thinking and ethical considerations in policy decision-making, ensuring graduates can analyze the distributional and social impacts of policies. The Master of Economic Policy at ANU also offers pathways for further academic research or professional advancement, with some students pursuing doctoral degrees or advanced roles in policy advisory positions.

The flexibility of the program allows students to take electives according to their interests and career goals, and to participate in collaborative projects that simulate real-world policy challenges. The university's strong ties with government departments and international organizations provide valuable networking opportunities and practical experience. Over the course of the program, students develop a comprehensive understanding of economic policy frameworks, learn to utilize advanced analytical tools, and cultivate the skills necessary to influence policy development and implementation effectively. Graduates leave equipped to make meaningful contributions to economic and social policy debates, fostering sustainable development and economic stability in diverse contexts.