Online Certificate Course

Economics for Public Policy

Gain a foundational understanding of key economic frameworks, theories, and models to effectively design and analyse public policy.

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Group booking

Key details

  • Programme type
    Online Certificate Course
  • Location
    Online
  • Start date
    6 Aug 2025  -  Open
  • Duration
    8 weeks
  • Commitment
    6-8 hours per week
  • Department
    School of Public Policy

Overview

Economic theory and models play a crucial role in the development and evaluation of public policy. However, many policymakers, analysts, and key decision makers lack formal training in economics, leaving them with a limited understanding of the economic frameworks that inform policy decisions and compelling them to rely on professional economists for insights.

The eight-week Economics for Public Policy online certificate course is designed to equip you with a solid foundation in the economic models and theories relevant to public policy, empowering you to become literate consumers of economic data and apply economic reasoning to real-world policy challenges with confidence.

The course covers fundamental micro- and macroeconomic concepts, explores how and why governments intervene in the market, and investigates how policies can influence long-term economic development. You’ll gain insights from professional policymakers and economists, as well as investigate case studies that demonstrate the influence of economic theory on policy outcomes. Throughout the course, you’ll contribute to a collaborative learning environment by exchanging ideas with peers and tutors in discussion forums.

By the end of the course, you’ll have established the foundational knowledge required to navigate the economics of public policy with confidence, as well as the practical skills to analyse and design effective public policies. 

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Impact

  • Explore the economic principles underpinning real-world market behaviour and policy interventions
  • Unpack the various tools governments use to regulate markets and their broader implications for both consumers and producers
  • Understand how firms can exert control over markets and the ways governments intervene to maintain competition
  • Study the market disruptions caused by externalities and consider possible solutions for restoring balance
  • Learn about government strategies and community-led actions aimed at solving the puzzle of public goods and common resources
  • Understand how GDP, inflation, and unemployment are used to measure economic welfare and guide policy
  • Gain the skills to design policies that enhance economic growth
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Programme content

This online certificate course is 8 weeks (excluding orientation week) with a time commitment of 6-8 hours per week.

Who attends?

  • Policy analysts, public sector employees, and advisors seeking an understanding of economic frameworks for policy evaluation
  • Financial analysts dealing with government or public sector clients
  • Economists looking to specialise in public policy
  • NGO leaders who want to refine their economic literacy to inform strategic decision-making
  • Consultants working with government contracts and advising on policy matters
  • Private sector professionals working in regulated industries who must navigate economic policies
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Why LSE?

LSE Online builds on our 125 year tradition of exploring the interconnected, multidisciplinary nature of our world that shape society and business globally. Since our inception in 1895, LSE has been a pioneer in providing courses for professional development. Our founding commitment is to understand the causes of things for the betterment of society. Never has this been a more important goal than in these times of unparalleled change. We provide you with the insights and skills to think critically and independently. To make the connections, see the greater picture. To shape the future by understanding today. Whatever stage you are in your life and career. Wherever you are in the world.

Faculty

The design of this online certificate course is guided by LSE faculty, as well as industry experts, who will share their experience and in-depth knowledge with you throughout the course. View the prospectus to see all the industry thought leaders featured on this course.

Luis Garicano

Professor Luis Garicano

Professor of Public Policy

Department overview

The LSE School of Public Policy is an international community where ideas and practice meet. The School's approach creates professionals with the ability to analyse, understand and resolve the challenges of contemporary governance.

Fees and entry requirements

Tuition fees: £2,420

Upon successful completion of the course, you will receive an LSE certificate of competence. 

Entry requirements

There are no prerequisites for this course.

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