- 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 Long Chu
- Mode of delivery Online or In Person
First Semester 2023
See Future Offerings
This course is available for on-campus & remote (online) learning. All students participate in interactive, real-time classes.
This is a Masters 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, the 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 computable general equilibrium models, evaluating optimal timing for infrastructure investments, comparing firm productivity levels and estimating the willingness-to-pay for ecological services.
Upon successful completion, students will have the knowledge and skills to:
- Demonstrate mastery of knowledge and understanding of a wide range of the mathematical concepts, formalisms and techniques that are commonly used in applied microeconomics.
- Demonstrate the capacity to apply the analytical methods learned to real-world situations.
- Demonstrate competency with the mathematical techniques required for modelling microeconomic problems for policy analysis.
- Plan, design and execute microeconomic policy analyses.
- Communicate microeconomic methods and results in written form to technical and non-technical audiences.
- Three online quizzes (10% each) (30) [LO 1,2,3,4]
- Mid-semester exam (10) [LO 1,2,3,4,5]
- Final exam (60) [LO 1,2,3,4,5]
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A standard course workload is 130 hours including in class time and independent study. This course covers a lot of material in a short space of time. It is essential that you work consistently throughout the semester.
No inherent requirements
Requisite and Incompatibility
See the Wattle course site
Available on the Wattle course site.
· Mathematics: Algebra, derivative/integration calculus and optimisation.
· Statistics and Econometrics: Descriptive statistics and regressions.
· Computer: Excel skills are assumed. Students will be introduced to R (http://www.r-project.org) for statistical analysis. However, work 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.
Commonwealth Support (CSP) Students
If you 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). More information about your student contribution amount for each course at Fees.
- Student Contribution Band:
- Unit value:
- 6 units
If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
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