Economic Policy

The Master of Economic Policy at the Australian National University is a comprehensive graduate program designed to equip students with the skills and knowledge necessary to analyze, develop, and evaluate economic policies that impact national and international economic systems. This program offers an in-depth understanding of economic theories, quantitative techniques, and policy analysis methods, enabling graduates to effectively address complex economic challenges faced by governments, institutions, and businesses. Students will explore core topics such as macroeconomic and microeconomic principles, public finance, economic development, and the role of government in shaping economic outcomes. Emphasis is placed on developing critical thinking and analytical skills, alongside practical experience in policy formulation and evaluation through case studies, simulations, and research projects.

The coursework combines rigorous academic training with real-world applications, preparing students for careers in economic policy advisory roles, research institutions, government agencies, and international organizations. The program also offers specializations that allow students to focus on areas such as fiscal policy, monetary policy, international trade, and economic reform strategies. Through interaction with leading economists and policymakers, students gain valuable insights into the functioning of economic systems and the policymaking process.

The Master of Economic Policy is suitable for individuals with backgrounds in economics, public policy, or related disciplines who seek to deepen their understanding of economic issues and develop the analytical tools necessary for effective policy-making. The program’s flexible structure, including coursework and research components, ensures an enriching educational experience tailored to students’ career aspirations. Graduates of this program will be well-prepared to contribute to shaping economic policy in both the public and private sectors, fostering sustainable economic growth and development in Australia and beyond.

The Master of Economics with a specialization in Economic Policy at the Australian National University offers an in-depth immersion into the core principles and advanced concepts that underpin modern economic analysis and policymaking. The program is designed to equip students with a comprehensive understanding of economic theories, quantitative methods, and analytical techniques essential for addressing complex economic issues at national and international levels. Students will explore a wide range of topics, including fiscal policy, monetary policy, public finance, economic development, and the role of government intervention in markets. The curriculum integrates rigorous coursework, case studies, and empirical research, enabling students to develop critical thinking and problem-solving skills applicable to real-world economic challenges. Emphasis is placed on applying theoretical models to practical policy scenarios, fostering analytical competence and strategic decision-making. The program also emphasizes the importance of ethical considerations and sustainable development in economic policymaking. Participants will have opportunities to engage with leading experts through seminars, workshops, and research projects, providing exposure to current debates and innovations in economic policy. Graduates will be well-prepared for careers in government agencies, international organizations, policy research institutions, financial sectors, and consulting firms. The program also offers pathways for further academic pursuits, including PhD studies, fostering a research-oriented mindset. The Australian National University’s strong connections with policy institutions and its location in Canberra, the political and administrative center of Australia, provide students with unique opportunities for internships, networking, and direct engagement with policymakers. Overall, the Master of Economics with a focus on Economic Policy aims to produce highly skilled graduates capable of contributing to the development and implementation of effective economic strategies that promote sustainable growth, social equity, and economic stability.

The Master of Economic Policy at the Australian National University requires students to complete a total of 96 units of coursework. The program is designed to provide students with a comprehensive understanding of economic theories, policy analysis, and practical application in various economic and policy contexts. Students must undertake core courses that cover fundamental areas such as microeconomics, macroeconomics, econometrics, and public policy analysis to establish a solid theoretical foundation. In addition to the core courses, students have the flexibility to select elective courses aligned with their interests, which may include topics like international economics, development policy, environmental economics, and financial policy.

To successfully complete the program, students are required to undertake a capstone project or thesis that demonstrates their ability to apply analytical frameworks and policy analysis skills to real-world economic issues. The program also emphasizes the development of research capabilities, critical thinking, and effective communication skills through coursework and research components. Students are encouraged to engage with policy practitioners and participate in seminars or workshops that highlight current economic policy debates and challenges.

Candidates should have completed an undergraduate degree, preferably with some background in economics or related disciplines. The program fosters a multidisciplinary approach, integrating insights from economics, politics, and social sciences to prepare graduates for careers in government agencies, international organizations, research institutions, or consultancies specializing in economic policy analysis and development. Throughout the program, students are expected to undertake coursework that involves rigorous quantitative analysis, policy evaluation, and the use of economic modeling tools. The program duration is typically one year full-time or part-time options may be available for eligible students. Overall, the program aims to equip graduates with the analytical skills, policy understanding, and practical experience necessary to influence and develop effective economic policies in diverse settings.

The Australian National University (ANU) offers various funding opportunities for students enrolled in the Economic Policy program. Domestic students can access government-supported financial assistance such as Commonwealth Supported Places (CSP), which significantly reduce tuition fees, making higher education more affordable. Additionally, ANU provides Commonwealth Scholarships, which are awarded based on academic merit or financial need, and can cover tuition fees, living expenses, or both. Domestic students may also qualify for HECS-HELP or FEE-HELP loans, enabling the deferral of tuition fees to be paid later through the Higher Education Loan Program, easing immediate financial burdens.

International students enrolled in the Economic Policy programme have access to a range of scholarships, including the ANU International Excellence Scholarships, which recognize outstanding academic achievement and can provide full or partial tuition fee waivers. Funding options for international students are competitive and vary annually, with additional support available through external sponsorships or grants in some cases.

ANU also offers numerous external scholarship opportunities, which students are encouraged to explore to supplement ANU-specific funding. For research students pursuing postgraduate studies in Economic Policy, there are additional research training scheme (RTS) scholarships that help fund research activities and provide stipends.

Students are advised to consider part-time work options and internships, which are often facilitated via university career services, to supplement their income while studying. The university’s comprehensive financial aid package aims to promote academic access and success by reducing financial barriers associated with higher education. Moreover, various bursaries may be available for students facing financial hardships, and these are usually awarded based on specific criteria set by donors or the university.

In summary, funding for the Economic Policy programme at ANU is accessible through government support, university scholarships, loans, external grants, and work opportunities. Prospective students are recommended to apply early and explore all relevant options to ensure adequate financing of their studies, with detailed and updated information provided by ANU’s financial aid office and official website.

The Bachelor of Economics with a specialization in Economic Policy at the Australian National University offers students a comprehensive understanding of the principles and practice of economic policymaking. This program is designed to equip students with the analytical skills necessary to evaluate economic issues at both national and international levels, focusing on the development, implementation, and evaluation of economic policies. It covers core economic theories, quantitative methods, and real-world policy applications, ensuring graduates are prepared for careers in government, international organizations, research institutions, or the private sector. The curriculum includes foundational courses in microeconomics and macroeconomics, as well as advanced topics such as public economics, economic development, and fiscal policy. Students also engage in empirical research, supported by training in statistical and econometric techniques, to analyze data and inform policy decisions. The program emphasizes critical thinking, ethical considerations, and the importance of evidence-based policymaking, preparing graduates to address contemporary economic challenges. The degree often involves opportunities for internships, research projects, and engagement with industry experts, providing practical experience and professional networking. The Australian National University is renowned for its rigorous academic environment and its focus on policy-oriented research, making it an ideal place for students interested in contributing to economic development and policy formulation. Completion of the program qualifies graduates for roles in economic analysis, policy advisory, research, and consultancy, among others, in various sectors both within Australia and internationally.