Economic Policy

The Economic Policy major focuses on developing the theoretical economic and statistical skills to be able to effectively understand economic policy. This will provide a framework for systematic analysis of policy, an understanding of the rationales for government activity in the economy, and a method for comparing the effectiveness of proposed policies using economic tools of analysis. A focus of the major will include an assessment of the limitation of various economic policies, including their distributional consequences. An emphasis will also be placed on the effective communication of policy analysis.

NB: The Economic Policy major is not available in the Bachelor of Economics.

Requirements for completion

A major in Economic Policy requires 48 credit points from the Unit of Study table including:

(i) 6 credit points of 1000-level core units

  • ECON1040 Principles of Economics

(ii) 6 credit points of 1000-level selective units

  • ECON1003 Quantitative Methods in Economics
  • ECON1005 The Australian Economy
  • ECON1006 The Economics of Everything

(iii) 6 credit points of 2000-level core units

  • ECOS2020 Economics Data Analysis (not available in 2018)

(iv) 6 credit points of 2000-level selective units

  • ECOS2001 Intermediate Microeconomics / ECOS2901 Intermediate Microeconomics Honours
  • ECOS2002 Intermediate Macroeconomics / ECOS2902 Intermediate Macroeconomics Honours

(v) 24 credit points of 3000-level selective units including one Interdisciplinary Project unit

  • ECOS3002 Development Economics
  • ECOS3005 Industrial Organisation
  • ECOS3006 International Trade
  • ECOS3007 International Macroeconomics
  • ECOS3008 Labour Economics
  • ECOS3010 Monetary Economics
  • ECOS3011 Public Finance
  • ECOS3013 Environmental Economics
  • ECOS3015 Law and Economics *
  • ECOS3017 Health Economics
  • ECOS3025 The Economics of Regulation
  • ECOS3026 Economics of Crime
  • FASS3999 Interdisciplinary Impact

* This unit is not available in 2018.

A minor in in Economic Policy requires 36 credit points from the Unit of Study table including:

(i) 6 credit points of 1000-level core units

  • ECON1040 Principles of Economics

(ii) 6 credit points of 1000-level selective units

  • ECON1003 Quantitative Methods in Economics
  • ECON1005 The Australian Economy
  • ECON1006 The Economics of Everything

(iii) 6 credit points of 2000-level core units

  • ECOS2001 Intermediate Microeconomics / ECOS2901 Intermediate Microeconomics Honours
  • ECOS2002 Intermediate Macroeconomics / ECOS2902 Intermediate Macroeconomics Honours

(iv) 6 credit points of 2000-level selective units

  • ECOS2020 Economics Data Analysis (not available in 2018)

(v) 12 credit points of 3000-level selective units

  • ECOS3002 Development Economics
  • ECOS3005 Industrial Organisation
  • ECOS3006 International Trade
  • ECOS3007 International Macroeconomics
  • ECOS3008 Labour Economics
  • ECOS3010 Monetary Economics
  • ECOS3011 Public Finance
  • ECOS3013 Environmental Economics
  • ECOS3015 Law and Economics *
  • ECOS3017 Health Economics
  • ECOS3025 The Economics of Regulation
  • ECOS3026 Economics of Crime

* This unit is not available in 2018.

For more details, please refer to the Handbook’s Undergraduate Units of Study Table for the Economic Policy Major.

Please check Table A for details of the unit prerequisites, corequisites and other requirements.