- Code IDEC8064
- Unit Value 6 units
- Offered by Crawford School of Public Policy
- ANU College ANU College of Asia and the Pacific
- Course subject International and Developmental Economics
- Areas of interest Economics
- Academic career PGRD
- Dr Hoang Chu
- Mode of delivery In Person
First Semester 2019
See Future Offerings
This is a Master degree and PhD level course covering a range of topics in applied microeconomics. The course emphasises a series of research tools and applications with a focus on techniques for quantitative policy analysis. Applications include preference and welfare analysis, productivity and efficiency measures, partial and general equilibrium, management of open-access resources and non-market valuation. In addition to paper-and-pen exercises, students will use computers to perform analysis such as evaluating policy impacts with CGE models, optimal timing for infrastructure investments, comparing productivity of firms and estimating willingness-to-pay for ecological services
Upon successful completion, students will have the knowledge and skills to:
On successfully completing this course, students are expected to:
· Be familiar with a wide range of the mathematical concepts, formalisms and techniques that are commonly used in applied microeconomics.
· Have confidence in the mathematical techniques required for modelling microeconomic problems for policy analysis and evaluation.
· Be able to perform common policy analysis and evaluation using computers.
The assessment include: three online quizzes (non-redemptive 10% each), a midterm exam (redemptive, 10%) and a final exam (60%). This course covers a lot of material in a short space of time. It is essential that you work consistently throughout the semester. Cramming just before the exam will bring disaster.
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Requisite and Incompatibility
A package containing all required readings can be purchased during the first week of lectures. There is no single textbook. Readings are drawn from a number of texts and professional papers.
· Mathematics: High school algebra, derivative/integration calculus and optimization.
· Statistics and Econometrics: Descriptive statistics and regressions.
· Computer: MsExcel skill is assumed. Students will be introduced to R (http://www.r-project.org) for statistical analysis. However, works in any of the following platforms will be accepted: Matlab, C, Mathematica, Maple, Python, Julia, Visual Basic, Stata, Eviews.
Tuition fees are for the academic year indicated at the top of the page.
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- Student Contribution Band:
- Unit value:
- 6 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.
Offerings, Dates and Class Summary Links
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