Graduate Diplomas

Specialist Certificate in Economic Design

Two subjects totalling 25 credit points
Parkville/Canberra campus
Available to Domestic and International students
Flexible entry

Economic design provides a framework to understand the strategic interactions between parties in a given environment. The design and maintenance of markets and other economic institutions draws upon game theory and its important applications in matching markets, auctions, and incentive design. The program is aimed at public policy professionals as they diagnose and explore a range of policy problems, as well as potential solutions. Professionals with specific responsibility for procurement and other resource allocation roles will find the concepts and case studies especially valuable. The course comprises 2 x 12.5 subjects. Each subject comprises 2 modules that introduce students to Economic Design, auctions and secondary markets, contracts and matching mechanisms and a capstone experience. The course will be taught by experts in their respective fields with extensive experience in theory and practice.

The program is designed to offer opportunities for government professionals to extend their understanding of how economic design principles and mechanisms can improve a range of procurement and other resource allocation decisions. Economic design provides a valuable skillset for public policy professionals as they diagnose and explore a range of policy problems, as well as potential solutions. Economic design provides a framework to understand the strategic interactions between parties in a given environment. The course will introduce students to the design and maintenance of markets and other economic institutions: drawing upon game theory and its important applications in matching markets, auctions, and incentive design. A group of staff will be teaching the course. Each topic will be taught by the expert who has extensive experience in in both theory and practice.


Visit the Specialist Certificate in Economic Design website

Fees

Domestic fee place

Indicative total course fee:
$8,040

Typical course fee for 2017:
$32,160/year

The typical course fee per year is calculated on the basis of one full-time year of study (1 EFTSL). If a course duration is less than one year, you will pay the indicative total course fee. Actual fees vary depending on the subjects you are taking. The University reviews fees annually. The indicative total course fee is based on typical subject enrolments, and includes an indexation of 5% per annum. More information about tuition fees.

Credit/Advanced standing

If you have completed post-secondary study, you may be eligible for credit/advanced standing towards your studies at the University. Find out more