The IPS Associate Program in Economics introduces students to core economic principles and analytical skills needed for further study in the field. The program covers microeconomics, macroeconomics, economic history, political economy, introductory econometrics, and agricultural economics. Students develop an understanding of how economies function, how policies shape outcomes, and how data is used to inform economic decisions across industries and public sectors.
Gain a quick snapshot of the key details that define this program. Explore the structure, requirements, and learning format to understand exactly what to expect before you begin.
Self-paced, study anytime
100% online
IPS Stage 4
No qualifications required, online placement test
Online MCQ tests
Free study, paid certificate optional
– Students beginning their studies in economics or related fields
– Learners interested in understanding how markets and economies operate
– Individuals exploring careers in policy, business, or finance
– Students wanting strong analytical and critical thinking foundations
– Those aiming to progress into advanced economics or business programs
– Learners seeking a broad introduction to economic systems and decision-making
– Demonstrate an understanding of microeconomic and macroeconomic principles
– Analyse economic issues using evidence-based reasoning
– Interpret economic trends within historical and political contexts
– Use introductory econometric tools to analyse basic economic data
– Examine agricultural economic systems and their role in society
– Apply economic thinking to real-world policy and business problems
This program consists of 6 units. Each unit includes 8 chapters, each with one practical exercise. Each chapter and its exercise are designed to be completed in one session, depending on the learner’s pace.
In total, the program comprises 48 sessions (6 units × 8 chapters per unit), providing a structured pathway for self-paced learning and practical skill development.
– Structured self-study reading materials
– Practical scenario-based examples
– A final online MCQ test for each unit
Designed for independent learners. All materials are self-study.
ECO401: Microeconomics
ECO402: Macroeconomics
ECO403: Economic History
ECO404: Political Economy
ECO405: Econometrics
ECO406: Agricultural Economics
Completion of the IPS Associate Program in Economics provides learners with essential analytical and theoretical foundations for entry-level roles and further study. Graduates may progress into:
– Research or administrative assistant roles in economic or policy organisations
– Junior analyst positions in business, finance, or government departments
– Support roles in agricultural, environmental, or regional development sectors
– Trainee or internship programs in economics, data analysis, or public policy
– Further undergraduate study in economics, business, public policy, or related fields
Graduates of this program may also proceed to the IPS Specialist Program in Economics.
– A computer, laptop, or tablet with internet access
– A modern web browser (Chrome, Safari, Firefox, or Edge)
– Basic English reading and writing skills
– Enrol anytime, open year-round
– Start immediately and study at your own pace
– No interview or formal admission required
Learners who wish to receive a Verified Program Certificate may do so for an optional fee of AUD 225. The program can still be studied free of charge without the certificate.
Please note that this program is self-study, and tutor support is not available.
We are committed to providing meaningful learning opportunities that empower individuals to grow, achieve their goals, and create a successful future. This free program invites you to take the first step toward new skills, confidence, and lifelong development.