Making better decisions with economic thinking: Public sector economics for managers

How does economics shape the world in which you work? Understanding the economics behind regulation, policy and programs allows you to make better choices, allocate scarce resources more effectively, and spot the flaws in economic arguments used by others.

As your management career evolves it will be important to have a skill set that empowers you to make a persuasive case and better decisions in these scenarios - knowing the economic basis of policy is vital to help you to craft the best policies possible, define the rationale behind them and finally, put them into action in.

Griffith University’s Professor Ross Guest leads this practical course which explores public sector interventions, regulations and programs in a broad range of portfolio areas including public health, the environment, infrastructure, energy, economic development, education, housing, labour regulation and social justice.

The course features contemporary and important public sector issues and real case studies covering topics such as: climate change, public infrastructure, social welfare, health and education, industry and labour regulation, taxation and other government funding options.

Professor Guest is a nationally and internationally recognised leader in economics education, having received several awards and fellowships for learning and teaching in economics. He has taught in ANZSOG programs for almost two decades, including ANZSOG’s highly respected Executive Master of Public Administration.

What will you learn?

On completion of this course, participants will:

  • better understand how market forces operate and their relationship with government policies
  • understand why unfettered private markets can sometimes fail to deliver efficient and fair outcomes for society
  • identify examples of market failure and apply economic principles to design government interventions to prevent or reduce the costs of market failure
  • apply the key principles of cost-benefit analysis in evaluating public sector projects
  • appreciate the importance and role of the public sector in promoting national productivity
  • evaluate government interventions using the principles or public economics, and advocate for economically sound interventions with confidence

Who should attend?

This course will suit early-career government and not-for-profit managers and senior officers seeking to design and deliver programs and policies more effectively, to understand principles of economic evaluation of public sector programs, and to make better decisions in allocating scarce resources.

Current postgraduate business and public administration students may also find the course useful in complementing their formal studies and deepening their knowledge of government decision-making that will impact their future professional roles. See details on accreditation below.

Who will lead the course? 

Ross Guest is Emeritus Professor of Economics at Griffith University, a Principal Fellow with the Higher Education Academy, and an adjunct professor at the Australia and New Zealand School of Government. Prof Guest holds a PhD in Economics from the University of Melbourne.

He is the Editor-in-Chief of the International Review of Economics Education and an author of two textbooks. His primary field of research is population economics, on which he has published many articles and has received four Australian Research Council grants. He has completed a number of consultancies for government agencies in Australia and New Zealand.

Event Details

Date: 22 November to 16 December 2021

Duration: Eight sessions over four weeks

Location: Online

Cost: 

  • Assessed: $2800 (inc. GST);
  • Unassessed: $1900 (inc. GST)

ANZSOG is offering this post-graduate level micro-credential workshop in two modes – accredited and non-accredited. Grading will be equivalent to comparable master’s level subject units at Griffith University.

Assessed:

Participants seeking credit towards a tertiary study program will be required to undertake assessment tasks alongside their online class attendance. Assessment tasks will include individual and group assignments.

Participants who are currently studying a post- graduate course at a tertiary institution should consult with their course administrator regarding the possibility of cross-institutional enrolment in this subject as an elective.

Unassessed:

Participants who wish to attend the course for practical value or professional development but do not wish to seek formal credit for prior learning towards a tertiary program of study will not be required to complete assessment pieces during and after the course. You will receive a certificate of completion for your professional development portfolio.

Fee Discount:

ANZSOG Alumni receive a 15% discount.

Every person who completes the Executive Master of Public Administration, Executive Fellows Program, Towards Strategic Leadership or an international program becomes part of our alumni. Only one discount is redeemable for each registration.

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Got a question?

To enquire about this course, please contact ANZSOG's Program Delivery team with the program name as the subject line to This email address is being protected from spambots. You need JavaScript enabled to view it..

Read our cancellation, transfer and refund policy.

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