Public Policy and Management

Economic Policy


The Economic Policy specialism will prepare you to analyse and evaluate economic policy making through national, regional, and global contexts.

This specialism will strengthen your empirical, quantitative, and methodological skills reasoning on your path towards a career in international organisations, national administrations, and economic consulting.

Courses

To be eligible for the Economic Policy specialism you must pass at least two of the following three half-units:

Public Economics for Public Policy (PP410)

(0.5 units)

This course will explore theoretical and applied public economics using intermediate economic theory. There will be a consideration of models of public goods and externalities, including environmental policy, as well as discussions of tax evidence and incidence. 

Globalisation and Economic Policy (PP418)

(0.5 units)

In the past century, the world has become increasingly globalised and interconnected. This course will consider both the theoretical and empirical analyses of the causes of economic integration and its impact upon policymakers.

Advanced Empirical Methods for Policy Analysis (PP419)

(0.5 units)

This course provides an advanced treatment of empirical methods that are used to evaluate the effectiveness of public policies. Topics covered include the problem of casuality, the theory and practice of randomised experiments, difference-in-differences, synthetic controls, regression discontinuity, robust and clustered standard errors, and calibration.

Potential careers

Graduates who focused on economic policy have pursued careers in the OECD, the World Bank, national governments (including the Netherlands, Norway, Canada and the UK), government agencies (Indian Railways, British Council) and in private sector consulting (Accenture, Ernst & Young, McKinsey and KPMG).