Curriculum

The Curriculm

The Master of Public Policy (Public Economics) degree requires two consecutive years of study on a full-time basis. The curriculum consists of courses in Theoretical Foundations, Fiscal and Public Sector Policy, and Monetary and Financial Sector Policy, in addition to a course in English Thesis Writing (a lecture on English thesis writing and a tutorial providing one-on-one guidance). With his or her academic advisor’s advice and approval, a student will take the “core courses” and choose among the “elective courses”, so as to fit his or her individual educational objectives and career goals.

To receive the Master of Public Policy degree, students of Asian Public Policy Program (APPP) must successfully complete at least 44 credits of graduate study.  The study includes 16 credits of core required courses to be completed during the first year, a minimum of 6 credits of other required courses, a minimum of 14 credits of elective courses, and 8 credits of seminar work. APPP students must also write a Master’s thesis under the supervision of their academic advisor and pass a final examination.

The curriculum consists of “two-credit courses” and “four credit courses”. A two-credit course is a semester-long course with a weekly 1.5-hour class meeting, except for the English Thesis Writing which is a one-year course. A four-credit course is either a semester-long course with two 1.5-hour class meetings a week, or a one-year course with a 1.5-hour class meeting a week.

Required Courses

Theoretical Foundations

Four core courses are offered in this group, with a view to providing students with a solid grounding in economic theory relating to the public sector, micro-economic theory and an analytical and theoretical framework for macro-economic policymaking as well as in quantitative techniques of econometric analysis. These are required courses for all first-year students, as these theoretical foundations are the basis for the analysis of policy issues. Each of the core courses carries four credits.  Though not a core course, first-year students are required to take Financial Programming for Macro-Economic Policy Formulation as a short-term intensive course.

Economics of the Public Sector (core)
Micro-economics for Public Policy (core)
Macro-economics: Theory and Polisy (core)
Fundamentals of Econometric Methods (one-year course, core)
Financial Programming for Macroeconomic Policy Formulation (two-week intensive course)

Elective Courses

These courses are intended to provide students with the necessary knowledge and skills to solve specific public policy problems. 

Fiscal Policy

Economic Analysis of Tax Systems
Tax Policy I: Policy and Systems
Tax Policy II: International Taxation
Tax Policy in Asian Countries
Fiscal Decentralization and Local Government Finance
Field Research on Tax Administration

Public Sector Policy

Economic Analysis of Public Investments
Economic Analysis of Regulation and Public Enterprises
Economic Analysis of Social Policy
Economic Analysis of Social Security Systems

Monetary and Financial Policy

International Economy and Finance: Policy and Institutions
Financial Sector Reform and Development
Monetary Policy in Japan
Asian Economic Development

Joint Course

Public Policy in Asia (common subject for all the four programs at IPP)

Current Issues - Workshops and Intensive Courses

These courses provide lectures on current policy issues by outside lecturers who are at the forefront of policy, and from renown specialists in the field. 

Workshop on Current Topics (required)

In 2012, the topics that were covered included the Chinese economy, euro-zone crisis and financial regulation reforms.

Intensive Courses(required)*

Issues on Public Policy I: Applied Econometrics Using STATA
Issues on Public Policy II: Issues and Challenges for Central Banks in Asia
Issues on Public Policy III: Fiscal Policy in Asia
Issues on Public Policy IV: Building More Inclusive Financial Systems
Issues on Public Policy V: Asian Economic Development and Integration
Issues on Public Policy VI
Issues on Public Policy VII
Issues on Public Policy VIII
Issues on Public Policy IX
Issues on Public Policy X

*Among the issues covered during previous years are Financial Sector Development, Fiscal Management and Central Banking Challenges.

Seminar Work

In addition to the above structured courses, students are required to belong to a specific "seminar group" led by an academic advisor, where each group participant pursues, under the guidance of the advisor, specific topics of his or her interest. The Master's thesis will be based on work done in the context of this seminar activity. Thus the participation in the seminar, a full year course carrying four credits, is a focal point of the student's study and research activities at APPP.

Thesis Writing Tutorial(required)

English Thesis Writing I - Basic (for first year students)
English Thesis Writing I - Advance(for first year students)
English Thesis Writing II (for second year students)

A two-credit course on thesis writing is required on English thesis writing (course work plus tutorials).

Seminar Work(required)

In addition to the above structured courses, students are required to belong to a specific "seminar group" led by an academic advisor, where each group participant pursues, under the guidance of the advisor, a specific topic of his or her interest. The Master's thesis will be based on work done in the context of this seminar activity. Thus the participation in the seminar, a full year course carrying four credits, is a focal point of the student's study and research activities at the program.

Seminar I (For M1 students)
Seminar II (For M2 students)

The schedule and the course description

The schedule and the course description can be found here.

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