Skip to content

IPS Practitioner Program in Economics

Program Description

The IPS Practitioner Program in Economics prepares students for advanced analytical and policy-focused roles in business, government, and research. The program covers industrial organisation, development, monetary, energy, and transport economics, alongside advanced quantitative methods. Graduates develop the skills to analyse complex economic systems, design evidence-based solutions, and support strategic decision-making across diverse economic sectors.

Quick Facts

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.

Duration

Self-paced, study anytime

Mode

100% online

Level

IPS Stage 6

Requirements

IPS Specialist Program in Economics or exemption test required

Assessment

Online MCQ tests

Tuition fee

Free study, paid certificate optional

Who This Program Is For

– Students progressing from intermediate or advanced economics studies
– Learners aiming for careers in economic research or consultancy
– Individuals interested in development and industrial economic policies
– Those focusing on energy, transport, or sector-specific economic analysis
– Professionals seeking expertise in quantitative and data-driven economic methods
– Learners planning further postgraduate studies in economics or related fields

Learning Outcomes

– Analyse market structures and competitive behaviour in industrial economics
– Evaluate economic development policies and strategies
– Apply monetary economics principles to understand macroeconomic policy
– Assess economic issues in the energy sector and related markets
– Examine transport systems and their economic impacts
– Utilise advanced quantitative methods to support economic analysis and research

Study Load

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.

Learning Format

– 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.

Program Units

ECO601: Industrial Organisation
ECO602: Development Economics
ECO603: Monetary Economics
ECO604: Energy Economics
ECO605: Transport Economics
ECO606: Advanced Quantitative Methods

Career Opportunities

Completion of the IPS Practitioner Program in Economics equips learners with advanced analytical, policy, and research skills. Graduates may progress into:

– Economic analyst or consultant roles in government and private sectors
– Research positions in development or industrial policy agencies
– Monetary policy or financial analysis roles in central banks or financial institutions
– Energy sector analyst or policy support roles
– Transport economics and infrastructure planning roles

Graduates of this program may also proceed to the IPS Executive Program in Economics.

Technical Requirements

– A computer, laptop, or tablet with internet access
– A modern web browser (Chrome, Safari, Firefox, or Edge)
– Basic English reading and writing skills

Enrolment Information

– Enrol anytime, open year-round
– Start immediately and study at your own pace
– No interview or formal admission required

Additional Information

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.

Start your learning journey today

Building tomorrow’s leaders through accessible education

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.