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IPS Specialist Program in Economics

Program Description

The IPS Specialist Program in Economics builds on foundational knowledge to develop deeper analytical and applied economic skills. The program examines regional, public, labour, environmental, health, and urban economics, enabling students to understand complex policy issues and economic behaviour across sectors. Graduates gain the capability to assess economic challenges, interpret data, and support decision-making in government, industry, and community organisations.

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 5

Requirements

IPS Associate 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 introductory economics studies
– Learners interested in applied economic policy and regional development
– Individuals seeking to understand labour markets and workforce dynamics
– Students wanting insights into environmental and health-related economic issues
– Those considering careers in public sector or advisory roles
– Learners building skills for advanced economics or related programs

Learning Outcomes

– Analyse regional economic trends and development strategies
– Evaluate government policies using public economics principles
– Interpret labour market data and assess workforce-related issues
– Examine economic approaches to environmental challenges and sustainability
– Apply economic analysis to health systems and health policy
– Understand urban economic structures and planning implications

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

ECO501: Regional Economics
ECO502: Public Economics
ECO503: Labour Economics
ECO504: Environmental Economics
ECO505: Health Economics
ECO506: Urban Economics

Career Opportunities

Completion of the IPS Specialist Program in Economics equips learners with strong analytical and policy-focused skills. Graduates may progress into:

* Research and policy support roles in government departments
* Junior economist or analyst positions in public or private organisations
* Roles assisting labour market, workforce, or community development programs
* Support positions in environmental, sustainability, or health policy agencies
* Further undergraduate study in advanced economics, public policy, or related fields

Graduates of this program may also proceed to the IPS Practitioner 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.