Learn essential principles of economic policymaking, from theory to implementation, taught by experienced policy experts and economists.
Learn essential principles of economic policymaking, from theory to implementation, taught by experienced policy experts and economists.
This comprehensive course explores the fundamentals of economic policymaking, combining theoretical frameworks with practical implementation strategies. Led by distinguished experts Dr. Vijay Kelkar, Dr. Ajay Shah, and Aromar Revi, the course synthesizes over 100 years of their combined experience. Students learn about government roles, policy design principles, and implementation challenges while examining real-world cases. The course emphasizes both objective analytical methods and subjective aspects of policymaking, making it valuable for policy students, government officials, and corporate executives.
4.7
(95 ratings)
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English
English (Original), Deutsch (Auto), हिन्दी (ऑटो), 18 more
What you'll learn
Identify the role of government in defining and implementing policy
Understand objective and subjective aspects of policymaking
Analyze steps involved in policy creation and implementation
Recognize market failures and appropriate government interventions
Evaluate policy effectiveness using economic principles
Develop strategies for successful policy implementation
Skills you'll gain
This course includes:
183 Minutes PreRecorded video
5 assignments
Access on Mobile, Tablet, Desktop
FullTime access
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There are 6 modules in this course
This comprehensive course examines both theoretical and practical aspects of economic policymaking. The curriculum covers six key modules, beginning with foundational concepts of governance and market failure. Students explore the science of policymaking through behavioral economics, pricing, and competition, followed by the art of policy implementation considering context, complexity, and stakeholder management. The course emphasizes practical applications through case studies and real-world examples from India and globally.
Introduction to The Art and Science of Economic Policy
Module 1 · 1 Hours to complete
The Foundations of Policymaking
Module 2 · 3 Hours to complete
The Science of Economic Policymaking
Module 3 · 3 Hours to complete
The Art of Economic Policymaking
Module 4 · 3 Hours to complete
Implementation of Economic Policy
Module 5 · 2 Hours to complete
Conclusion: The Art and Science of Economic Policy
Module 6 · 23 Minutes to complete
Fee Structure
Payment options
Financial Aid
Instructors

5 Courses
Urban Development and Sustainability Expert
Aromar Revi has established himself as a pioneering figure in sustainable urban development as the founding Director of the Indian Institute for Human Settlements (IIHS), India's first prospective National University focused on urbanization. His academic foundation includes degrees from IIT-Delhi and the Law and Management schools of the University of Delhi. With over 35 years of interdisciplinary experience, he has emerged as a global thought leader in sustainable development, public policy, and climate science. His extensive work includes leading 125 major research and consulting assignments, publishing over 95 peer-reviewed publications, and helping structure development investments exceeding $8 billion across multiple countries. As Co-Chair of the UN Sustainable Development Solutions Network (SDSN), he successfully championed the inclusion of urban development in the UN's 2030 agenda through SDG 11. His expertise in climate science is evidenced by his role as Coordinating Lead Author of the 2018 IPCC Special Report on Global Warming of 1.5°C. As one of South Asia's leading disaster mitigation experts, he has directed emergency teams for ten major natural disasters affecting over five million people. His influence extends across academia, policy, and practice, having lectured at over 90 universities worldwide and advised numerous governments and international organizations on sustainable
Research Professor of Business
Ajay Shah is a distinguished economist and academic with a robust professional background. He holds a PhD in Economics from the University of Southern California and a B.Tech in Aeronautical Engineering from IIT Bombay. Throughout his career, he has held numerous prestigious positions, including Senior Fellow at Pune International Centre, Research Professor of Business at Jindal Global University, and Professor at the National Institute for Public Finance and Policy. Shah has made significant contributions to various domains of economic research, including financial system policy, international finance, risk management, and macroeconomic policy. He has authored and co-authored multiple books and publications, and has been a member of several important government committees and task forces. His research spans diverse areas such as securities markets, exchange rate regimes, capital flows, and technology policy. He has also received multiple honors, including being listed among top economists by Indian Express and winning several awards for his scholarly work.
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4.7 course rating
95 ratings
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