phd in economics anu

Professor Markus Brueckner

phd in economics anu

Research School of Economics

Markus Brueckner is Professor and Head of the Economics Program in the Research School of Economics of the Australian National University. In 2020 he received the Young Economist Award from the Economic Society of Australia. Markus has broad research interests: His primary research field is economic growth; secondary research fields include international economics, development economics, political economy, and macroeconomic policy, in particular, fiscal policy. Markus has published widely in leading international journals. His endeavor is to conduct research that is informative, relevant, and of interest to both academics and policy makers. At the ANU he has taught a variety of undergraduate and graduate courses in macroeconomics.

Markus has been engaged in numerous consulting projects for the International Monetary Fund and the World Bank. He has advised these institutions on a wide range of issues relating to economic growth. Markus provided advice to these institutions on general issues that were of high policy relevance at the time of writing. He advised the World Bank on country- and region-specific issues relating to the drivers of economic growth in Latin America and the Caribbean, the Russian Federation, Middle East and North Africa, East Africa, and South-East Asia.

Markus has also been engaged with Commonwealth agencies in Australia. He was a macroeconomic advisor in the Macroeconomic Modelling and Policy Division of the Australian Treasury. As a member of a team put together by the Australian Department of Foreign Affairs and Trade in a joint project with the IMF, he gave lectures on the macroeconomic management of natural resources at the Africa Training Institute in Mauritius.

Markus holds doctorate and masters degrees in economics from Universitat Pompeu Fabra; an undergraduate degree in economics from the University of Mannheim; and an ACT Year 12 Certificate from the International School of Lae.

Markus has lived in a number of countries -- some of which are very diverse and at very different stages of development. Long-term stays for periods of at least three years or more include Australia, Germany, Papua New Guinea, Singapore, and Spain. Short-term stays of at least several months but less than a year include the Dominican Republic, Ecuador, Greece, Malaysia, Thailand, and the United States. Living in these countries provided Markus with many valuable life experiences.

Research publications

Peer-reviewed journal publications are grouped according to the Australian Business Deans Council journal quality list. For each group, the numbering of journal publications is in alphabetical order.

A* Journals

  • Econometrica 79: 923-947. "Rain and the Democratic Window of Opportunity." With Antonio Ciccone
  • Economic Journal 120: 519-534. "International Commodity Price Shocks, Growth, and the Outbreak of Civil War in Sub-Saharan Africa." With Antonio Ciccone
  • Economic Journal 120: 535-550. "Population Size and Civil Conflict Risk: Is there a Causal Link?"
  • Economic Journal 122: 848-866. "Commodity Windfalls, Democracy, and External Debt." With Rabah Arezki
  • Economic Journal 124: 1279-1316. "Local Government Spending Multipliers and Financial Distress: Evidence from Japanese Prefectures." With Anita Tuladhar
  • Economic Journal 125: 1653-1676. "Income and Population Growth." With Hannes Schwandt
  • European Economic Review 55: 955-964. "Oil Rents, Corruption, and State Stability." With Rabah Arezki 
  • European Economic Review 63: 76-97. "Cultural Diversity and Economic Growth: Evidence from the US During the Age of Mass Migration." With Philipp Ager
  • International Economic Review 53: 1205-1228. "Fiscal Expansions, Unemployment, and Labor Force Participation." With Evi Pappa
  • Journal of Applied Econometrics 28: 102-125. "On the Simultaneity Problem in the Aid and Growth Debate."
  • Journal of Development Economics 105: 254-266 . "Exogenous Volatility and the Size of Government in Developing Countries." With Mark Gradstein
  • Journal of Development Economics 111: 107-116. "Government Spending Cyclicality: Evidence from Transitory and Persistent Shocks in Developing Countries." With Mark Gradstein
  • Journal of Development Economics 98: 220-227. "An Instrumental Variables Approach to Estimating Tax Revenue Elasticities: Evidence from Sub-Saharan Africa."
  • Journal of Economic Growth 15: 155-176. "Wealth Inequality and Credit Markets: Empirical Evidence from Three Industrialized Countries." With Hans Grüner and Kerstin Gerling
  • Journal of Economic Growth 20: 149-175. "National Income and its Distribution." With Mark Gradstein and Era Dabla-Norris
  • Journal of Economic Growth 23: 341-366. "Inequality and Economic Growth: The Role of Initial Income." With Daniel Lederman
  • Journal of International Economics 86: 318-326. "Commodity Windfalls, Polarization, and Net Foreign Assets: Panel Data Evidence on the Voracity Effect." With Rabah Arezki
  • Journal of International Economics 87: 377-385. "Rainfall, Financial Development, and Remittances: Evidence from Sub-Saharan Africa." With Rabah Arezki
  • Journal of International Economics 91: 343-357. "Effects of Transitory Shocks to Aggregate Output on Consumption in Developing Countries." With Mark Gradstein
  • Journal of Money, Credit and Banking 47: 1339-1367. "News Shocks in the Data: Olympic Games and their Macroeconomic Effects." With Evi Pappa
  • Journal of Money, Credit and Banking 52: 1071-1106. "On the Relationship Between Domestic Saving and the Current Account: Evidence and Theory for Developing Countries." With Evi Pappa and Wotjtek Pazcos
  • Journal of Money, Credit and Banking , forthcoming. "Geographic Cross-Sectional Fiscal Spending Multipliers and the Role of Local Autonomy: Evidence from European Regions." With Evi Pappa and Akos Valentinyi
  • Journal of Money, Credit and Banking, forthcoming. "A Test of the Permanent Income Hypothesis When Households are Less Constrained. " With Emma Aisbett, Ralf Steinhauser, and Rhett Wilcox.
  • Journal of Public Economics 96: 1025-1034 . "Estimating the Permanent Income Elasticity of Government Spending: Evidence on Wagner's Law." With Alberto Chong and Mark Gradstein
  • Journal of Urban Economics 71: 26-36. "Economic Growth, Size of the Agricultural Sector, and Urbanization in Africa."
  • Review of Economics and Statistics 102: 806-822. "Structural Change and the Fertility Transition." With Philipp Ager and Benedikt Herz
  • Review of Economics and Statistics 94: 389-399. "Oil Price Shocks, Income, and Democracy." With Antonio Ciccone and Andrea Tesei
  • Applied Economics 54: 4608-4631. "Trade, Education, and Income Inequality." With Ngo Van Long and Joaquin Vespignani
  • Applied Economics 55: 4522-4538. "Covid-19 and Firms' Stock Price Growth: The Role of Market Capitalization." With Wensheng Kang and Joaquin Vespignani
  • Economic Inquiry 56: 1149-1164. "Immigrants' Genes: Genetic Diversity and Economic Development in the US." With Philipp Ager
  • Economica 82: 1653-1676. "Trade Openness and Economic Growth: Panel Data Evidence from Sub-Saharan Africa." With Daniel Lederman
  • Economics Letters 107: 63-65. "Financial Determinants of Firm Dynamics: Evidence from a European Panel."
  • Empirical Economics , forthcoming. "Inequality and Growth in China." With Haiyan Lin
  • European Journal of Political Economy 50: 157-170. "Rent Extraction by Capitalists."
  • Explorations in Economic History 65: 94-105. "The Boll Weevil Plague and its Effect on the Southern Agricultural Sector, 1889-1929." With Philipp Ager and Benedikt Herz
  • Journal of Asian Economics 56: 48-58. "The Rise of the Middle Class and Economic Growth in ASEAN." With Mark Gradstein, Era Dabla-Norris, and Daniel Lederman
  • Journal of Comparative Economics 38: 461-471. "Natural Resource Dependence, Non-Tradables, and Economic Growth.
  • Journal of Comparative Economics 43: 575-594. "Income Growth, Ethnic Polarization, and Political Risk." With Mark Gradstein
  • Journal of Human Capital 10: 212-234. "Income and Schooling: Evidence from International Oil Price Shocks." With Mark Gradstein
  • Macroeconomic Dynamics 27: 482-505 . "Transitional Dynamics of the Saving Rate and Economic Growth." With Tomoo Kikuchi and George Vachadze.
  • Public Choice , Special Issue in Honor of the 90th Birthday of Peter Bernholz 185: 131-159. "Economic Growth and Political Extremism." With Hans Grüner.
  • Review of Development Economics 25: 293-314. "National Income and Trust." With Alberto Chong and Mark Gradstein.
  • Review of International Economics 25: 975-989. "Terms of Trade Volatility, Government Spending Cyclicality, and Economic Growth." With Francesco Carneiro
  • World Bank Economic Review 26: 78-99. "Resource Windfalls and Sovereign Bond Spreads: The Role of Political Institutions." With Rabah Arezki
  • World Development 122: 184-198. "Adult Mortality and Urbanization." 
  • World Development 61: 142-153. "Effects of International Food Price Shocks on Political Institutions in Low Income Countries." With Rabah Arezki
  • Economic Papers 40: 173-193. "Covid-19 Infections and the Performance of the Stock Market: An Empirical Analysis for Australia." With Joaquin Vespignani.
  • Emerging Markets Finance and Trade 53: 2782-2793. "Economic Growth and the GDP Share of Consumption: An Empirical Analysis for Asia."
  • Journal of Risk and Financial Management , Special Issue: Economic Growth and Policies 14: 492-506. "Democracy and Corruption." ​​​​​​
  • Journal of Risk and Financial Management , Special Issue: Economic Growth and Policies 14: 543-556. "Infrastructure and Economic Growth."
  • Journal of Risk and Financial Management , Special Issue: Economic Growth and Policies 14: 575 . "Natural Resources and Civil Conflict: The Role of Military Expenditures." With Rabah Arezki.

C. Peer-Reviewed Books

  • Beyond Commodities. World Bank Publications, The World Bank, 2016. With Jorge Araujo, Ekaterina Vostroknutova, Mateo Clavijo, and Konstantin Wacker.

Research grants and awards

Australian Research Council: Discovery Project. DP200102979. Joint with Rod Tyers and Yixiao Zhou

Australian Research Council: Future Fellowship. FT160100104

Australian Research Council: Linkage Project. LP120100527. Joint with Emma Aisbett and Ralf Steinhauser

Australian Research Council: Discovery Early Career Researcher Award. DE120100635

Research engagement and outreach

A. Short-Term Consultant

International Monetary Fund: Strategy, Policy and Review Department. Background paper "National Income and Inequality" (2013)

World Bank: Oil, Gas and Mining Policy Division. Background paper " Does Ownership Matter? State Owned and Controlled Mining Companies in Minerals Based Economies: An Empirical Analysis" (2013-2014)

World Bank: Latin America Economic Policy Sector. Regional report "Beyond Commodities: The Growth Challenge of Latin America and the Caribbean" ( 2013-2014)

World Bank: Macro and Fiscal Mgmt – GM. Background paper "The Effects of Volatility, Fiscal Policy Volatility and Financial Development on Growth: Evidence for the Eastern Caribbean" (2015)

World Bank: GMF-Latin America. Background paper "The Commodity-Price Super Cycle and Growth in Brazil" (2015)

World Bank: World Bank Office Moscow. Background paper "Drivers of Growth in Russia" (2015)

Australian Treasury: Macroeconomic Modelling and Policy Division. Macroeconomic Advisor (2016)

Australian Department of Foreign Affairs and Trade in collaboration with the International Monetary Fund's Africa Training Institute. Lectures on "Macroeconomic Management of Natural Resources" (2017)

World Bank: GMF – East Asia and Pacific 2. Background paper "Drivers of Growth in the Philippines" (2017-2018)

World Bank: Office of the Chief Economist – MENA . Project title "State Fragility, Debt, and Commodity Price Shocks" (2017-2018)

World Bank: Kenya Macro Fiscal Work Program and Systematic Country Diagnostic. Background paper : "Drivers of Growth in Kenya" (2018)

World Bank: Poverty Global Practice World Bank Office Manila . Background paper: "Economic Growth and the Middle Class in the Philippines" (2019)

World Bank: Office of the Chief Economist – MENA. Background paper: "Natural Resources and Civil Conflict: The Role of Military Expenditures" (2019)

World Bank: EFI-MTI-Macro/Fiscal-Tax. B ackground paper update " Does Ownership Matter? State Owned and Controlled Mining Companies in Minerals Based Economies: An Empirical Analysis " (2022)

UNDP: Bangkok Regional Hub. Background paper for a chapter in the Regional Human Development Report Asia-Pacific "Natural disasters, debt, and development" (2022-2023)

B. Visiting Scholar

International Monetary Fund, Research Department. (2017)

World Bank, Global Knowledge and Research Hub in Malaysia. (2019, 2020)

C. Speeches at Public Policy Conferences

Bank of Korea - International Monetary Fund. Conference Title: "Asia: Challenges of Stability and Growth." Seoul, 2013.

International Monetary Fund. Conference Title: " Institutions for Fiscal Credibility—Fiscal Policy Rules and Fiscal Councils: Experience and Prospects in the Asia-Pacific Region. " Tokyo, 2014.

World Bank. Conference Title: "The Economic Challenges of Rising (and Falling) Inequality. " Madrid, 2015.

Lee Kuan Yew School of Public Policy. Conference Title: "Evolving Finance, Trade, and Investment in Asia." Singapore, 2016.

Korea Institute of Public Finance – East-West Centre. Conference Title: " The Sustainability of Fiscal Policy. " Honolulu, 2016.

Otago Foreign Policy School. Conference Title: " Economic Policies in a 21 st Century World: Challenges and Opportunities. " Dunedin, 2019.

D. Miscellaneous

Parliamentary Library. "Pre-Budget Seminar." Canberra, 2020.

ADC Forum Australian Leadership Summit. "Economy, Turmoil, and The Future." Brisbane, 2022.

A. Courses Taught

Advanced Macroeconomic Analysis: masters course, taught at the Australian National University in 2022 and 2023

International Monetary Economics: masters course, taught at the Australian National University in 2022 and 2023

Applied Econometrics: PhD course, taught at the Technical University of Dresden in 2020

Macroeconomics: second year undergraduate course, taught at the Australian National University in 2020 and 2021

Topics in Macro: masters course, taught at the Australian National University in 2018 and 2019

Macroeconomic Theory: second year undergraduate course, taught at the University of Queensland in 2015

Economic Development and Growth: honours course taught at the University of Queensland in 2014

Advanced Development Economics: Phd course, taught at the National University of Singapore in 2014, 2013, and 2012

Economic Growth and Development: masters course, taught at the National University of Singapore in 2014, 2013, and 2012

Development Economics: third year undergraduate course, taught at the National University of Singapore in 2012

Economic Development: honours course taught at the University of Adelaide in 2011

Econometrics and Statistics: Phd course, teaching assistant at Universitat Pompeu Fabra in 2009

Macroeconomics: second year undergraduate course, teaching assistant at University of Heidelberg in 2007

Microeconomics: third year undergraduate course, teaching assistant at the University of Mannheim in 2007

Economic Policy: third year undergraduate course, teaching assistant at the University of Mannheim in 2006

B. Supervision of Honours Students

Maia Alfonzetti (ANU, 2020); Emma Greenland (ANU, 2016); Sangiita Yoong (NUS, 2012); Tan Hui Hui (NUS, 2012); Neo Shi Ming (NUS, 2012)

C. Supervision of PhD Students

Van Anh Pham (2020 - ), Zem Wang (2020 - ), Haiyan Lin (2019 - ), Haidi Hong (2018 - 2022), Claire Hollweg (2011-2013)

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Related Sites

  • Crawford School of Public Policy
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  • Bulletin of Indonesian Economic Studies
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  • China Economy Program
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This seminar series is for presentations by PhD in Economics students in the Arndt-Corden Department of Economics, Crawford School of Public Policy. Open to the public.

Convener : Dr Larry Weifeng Liu

Under the water: Flood impacts and economic dynamics in northern Peru

Jose Cobian Alvarez presents his PhD research on the impact of floods on household welfare in northern Peru.

phd in economics anu

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Tracking mergers and acquisitions in Australia

Nu Nu Win presents her PhD research about using administrative microdata to track mergers and acquisitions in Australia

phd in economics anu

A data-driven foundation for the management and monitoring of novel and endemic infectious diseases in Australia

Chloe Rice presents an overview of her PhD research on data-driven pandemic management.

phd in economics anu

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phd in economics anu

PhD in Accounting

The PhD program in Accounting is offered by the Research School of Accounting (RSA). The program draws upon the supervision expertise of researchers within RSA, and offers various opportunities for higher degree by research (HDR) candidates to immerse themselves in the School’s vibrant research community.

While the program focuses on preparing candidates for an academic career, many of the skills it provides are readily transferable to senior industry positions in professional services, business analysis, accounting, finance, auditing, tax, commercial law, and quantitative analysis.

CRICOS #: 048345A

Duration: 2 to 4 years full time (4 to 8 years part time)

Before you submit an application for entry to the program, you should:

  • ensure you meet the admission requirements outlined below
  • identify potential supervisors – that is, one or two accounting academics at ANU who conduct research in your area of interest.

You can find information on researchers and their research areas in the  ANU researchers database ,  RSA staff directory  or at  RSA Research .

While other ANU schools may recommend contacting potential supervisors before submitting an application,  this is not required or encouraged  for entry into RSA’s PhD program. Instead, you only need to list the name(s) of potential supervisors in your online application form.

Potential supervisors cannot guarantee entry into the PhD program. Admission will depend on the strength of your application relative to others in the pool.

After you’ve completed the steps above, you can proceed with an  online application .

Application deadlines

The first semester of the ANU academic year starts in February, and the second semester starts in July. While all applications for first semester entry must be submitted  before 31 October,  international applicants wishing to be considered for an  ANU scholarship  should submit their applications  before   31 August .

To be considered for a scholarship, your application must be accompanied by all the supporting documents listed below, including the referee reports. Request for referee reports are triggered and sent to your nominated referees at the time of submission of program application. It is thus important that you submit your application in advance (2-3 weeks) to allow time for your referees to provide their reports prior to the scholarship deadline.

If you’re currently completing an academic degree and haven’t yet received your final results and transcript, you should still submit all available documents before the deadline, and forward remaining results once you receive them. We won’t make a final decision on your application until we’ve received all the required documents.

The admission requirements for the PhD program in Accounting reflect the advanced knowledge that candidates will need to undertake the coursework component of the degree, and the research experience and skills needed to successfully undertake and complete the research thesis.

The minimum qualification requirement for admission to the PhD program in Accounting is:

  • a Bachelor degree with First Class Honours or Second Class Honours Division A in accounting (or a closely related discipline) from an Australian university, or
  • another qualification (e.g. a Master degree or equivalent postgraduate qualification) that the Delegated Authority is satisfied is equivalent or superior to a degree mentioned in (a), or
  • a combination of qualifications and professional experience that the Delegated Authority is satisfied is equivalent or superior to a degree mentioned in (a).

Admission to the PhD program in Accounting is competitive and we can only admit a limited number of applicants each year. Meeting the minimum entry requirements does not guarantee you a place in the program.

If you don’t have the minimum qualification for entry into the PhD program, you might consider applying to the MPhil program or the  Master of Commerce (Advanced) program . If you’d like to consider these pathways, contact the RSA HDR convenor or Master of Commerce program convenor for more information.

English language requirements

All applicants must satisfy the University’s  English language admission requirements . An international applicant who is not a native English speaker may satisfy these requirements by submitting evidence of an  IELTS  overall score of at least 6.5, and with no component less than 6.0, or a paper-based  TOEFL  score of at least 570, with at least 4.5 in the essay component.

Application and supporting documentation

You must submit your application online via the  ANU Application Manager .

In addition to the standard information required in the online application, you must submit the following supporting documents as part of your application:

  • a research proposal – see guidelines on how to  prepare a persuasive research proposal
  • example(s) of your written work, e.g. thesis abstract and chapter, research project, or published work
  • transcripts from all university degrees (colour scans including grade explanations)
  • completion or graduate certificates from all university degrees (colour scans)
  • a one-page personal statement or statement of purpose
  • official  TOEFL  or  IELTS  results (where applicable) to demonstrate that you satisfy the University’s  English language requirements
  • a current resume listing research experience and all previously awarded scholarships
  • nomination of three referees. A referee report form will be sent automatically to the referees you list in your online application. Your application will be complete and ready for assessment once we receive all documents, including referee reports.

Offers of admission

The HDR convenor will review all complete applications submitted by the relevant deadline.

If your application is short-listed, you may be required to attend an interview (face to face or online).

We may send you an offer of admission if you satisfy the eligibility criteria and your area of interest matches those of RSA academics with supervisory capacity. However, since admission is competitive and supervisory capacity is limited, we won’t send any offers of admission until  after the relevant application deadline , irrespective of the date when you submit your application.

The PhD program in Accounting consists of two components –  coursework  and  research .

Candidates undertake the research component concurrently with the required coursework.

PhD coursework component

PhD candidates are typically required to undertake up to eight semester-length courses over the first 12 months of the candidature when studying on a full-time basis. These eight courses include five core courses and up to three elective courses. The minimum coursework requirement for candidates who have completed equivalent courses includes four core courses and two elective courses.

The coursework provides training on research in accounting, research methodology and statistics. It also equips candidates with knowledge and skills specific to their PhD topic area, as well as broader research training to foster high-quality research. The required courses are listed below.

Core courses

Candidates must complete the following core courses:

  • BUSN8007  Analysis of Financial Reporting
  • BUSN8013  Seminar in Research Methods in Commerce
  • BUSN8200  Judgement and Decision Making Research in Accounting
  • STAT6038  Regression Modelling, or  EMET6007  Econometric Methods, or  EMET8005  Economic Models and Introductory Econometrics; or a higher-level statistics or econometrics course
  • BUSN8100  Empirical Research in Financial Accounting

Candidates can select up to three more specialised elective courses – from advanced RSA units when offered – including:

  • BUSN8145  Corporate Governance: Research Preparation
  • BUSN8056  Advanced Auditing and Assurance Services
  • BUSN8111  Seminal Research in Accounting (studying financial accounting, management accounting, public sector accounting, or taxation)
  • advanced courses from other disciplines deemed to be at an appropriate level (e.g. finance, econometrics, management, psychology, statistics or sociology).

Electives are determined in consultation with the candidate’s supervisory panel.

Candidates must complete the coursework with at least a 70 per cent average in each semester before they can progress to the thesis stage.

PhD research component

PhD candidates proceed to the thesis component following completion of the coursework at the required standard and the successful defence of their proposals. Candidates are expected to consult widely with their supervisory panel in completing their research thesis.

Research supervisory panel

When a candidate is admitted to the program, a primary supervisor is appointed. The primary supervisor has the responsibility of overseeing the candidate’s progress until a supervisory panel is chosen. During the first year of the program, it is important that candidates start developing their research topic ideas by consulting with their primary supervisor and other academic staff within RSA.

Either in a candidate’s first year of study, or soon after completion of their coursework, a supervisory panel will be chosen. The role of the panel is to assist, advise, and provide support and encouragement to the candidate for a timely and successful completion of the research thesis. The HDR convenor will determine the composition of the supervisory panel in consultation with the candidate.

RSA research seminar program

The RSA research seminar program consists of weekly seminars presented by national and international researchers. PhD candidates are expected to attend and participate in the seminars throughout their candidature.

Research integrity training

Within three to six months of enrolment, all PhD candidates must complete the  Research Integrity Training  and pass the exam. Completion of this course and exam is a compulsory milestone for all PhD candidates.

Thesis proposal review

In addition to the coursework component, each PhD candidate must develop and defend a detailed thesis proposal in consultation with their supervisory panel. The purpose of the review is to assess the originality, significance, adequacy and achievability of the candidate’s thesis plan.

To proceed with the thesis, the candidate must successfully defend the proposal. The candidate defends their proposal 12 or 18 months after commencement (or 24 months if part-time), and a review panel formally assesses the proposal.

Annual progress review

It is University policy that each candidate’s progress be reviewed periodically. In each year of their program, PhD candidates are required to submit an  annual plan and report  as a basis for periodic progress review. This document provides details on work completed by the candidate since the previous review, current progress, and any problems that may impact their research. It also outlines the coursework and research the candidate intends to undertake in the following 12 months.

Oral presentation

In their final year, candidates are required to give a final  oral presentation  on their research, usually three months before submitting their thesis.

Read more about  research candidate milestones .

Thesis submission and examination

The culmination of the PhD in Accounting is a written thesis which, upon completion, is submitted for examination. The thesis is examined by experts in the relevant field.

For more information on the process, visit our page on  submitting a thesis .

For information about scholarships available to HDR candidates, visit our page on  scholarships and fees .

Read details of some of our alumni’s recent  job placements .

A list of current PhD candidates in Accounting is available on the  RSA staff directory .

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Jeff Bennett

Prof Jeff Bennett

  • Emeritus Professor , Crawford School of Public Policy

Research activity per year

Personal profile

Professor Bennett has over 40 years experience researching, consulting and teaching in the fields of Environmental Economics, Natural Resource Economics, Agricultural Economics and Applied Micro-Economics. His current research interests focus on:

  • the development and application of techniques to estimate the value of non-marketed environmental benefits and costs, and,
  • the analysis of alternative institutional structures that give private owners/managers of natural resources the incentive to provide environmental benefits.

Professor Bennett is a Fellow of the Academy of Social Sciences in Australia and a Distinguished Fellow of the Australian Agricultural and Resource Economics Society. He is  member of the NSW Government's Biodiversity Conservation Advisory Panel and the Food Standars Australia and New Zealand Social and Economic Advisory Group. Jeff is a member of the Academic Advisory Council of the Centre for Independent Studies and he serves as a member of the Board of the Mont Pelerin Society.

For information about Professor Bennett's research projects, and to download selected reports, visit https://crawford.anu.edu.au/people/academic/jeff-bennett . For details of Professor Bennett's activities in the Environmental Econonomics Research Hub, visit the hub's homepage.

Current student projects

Current PhD students

  • Xiong Tsechalicha
  • Duinkherjav Bukhbat
  • Enkh-Orchlon Lkhagvadorj

Qualifications

Past student projects.

Graduated PhD candidates

  • Julia Talbot-Jones
  • Chi Hoong Leong
  • Albert Offei-Mensah
  • Helen Scarborough
  • Luca Tacconi
  • Mark Morrison
  • Tuan Huybers
  • Stuart Whitten
  • Simad Saeed
  • Xuehong Wang
  • Sophie Legras
  • Thang Nam Do
  • Sonia Akter
  • Marit Kragt
  • Jeremy Martin-Cheesman
  • Kasia Mazur
  • Gabriela Scheufele
  • Anthea Coggan
  • Robert Gillespie

Researcher's projects

PES schemes in Lao PDR:

https://ipesl.crawford.anu.edu.au/

Expertise Areas

  • Conservation and Biodiversity
  • Environmental Management
  • Environmental Rehabilitation (excl. Bioremediation)
  • Wildlife and Habitat Management
  • Agricultural Land Management
  • Conceptual Modelling
  • APPLIED ECONOMICS
  • Agricultural Economics
  • Environment and Resource Economics
  • Tourism Economics
  • Urban and Regional Economics
  • Impacts of Tourism
  • Tourism Management
  • Public Administration
  • Public Policy
  • Heritage and Cultural Conservation

Fingerprint

  • 1 Similar Profiles
  • Choice Modelling Business & Economics 100%
  • willingness to pay Earth & Environmental Sciences 60%
  • policy Earth & Environmental Sciences 55%
  • valuation Earth & Environmental Sciences 54%
  • modeling Earth & Environmental Sciences 53%
  • Choice Experiment Business & Economics 51%
  • Willingness-to-pay Business & Economics 51%
  • attribute Earth & Environmental Sciences 42%

Network (past 5 years)

Dive into details.

Select a country/territory to view shared publications and projects

Projects per year

Agricultural Policy Research to Support Natural Resource Management in Indonesia's Upland Landscapes

Bennett, J. , Stringer, R. & Cacho, O.

Commonwealth Dept of Foreign Affairs&Trade, Australian Cnt for International Agricultural Res(ACIAR)

1/02/18 → 31/03/23

Project : Research

ADP/2012/107 Strengthening incentives for improved grassland management in China and Mongolia

Bennett, J.

University of Queensland (UQ)

1/09/15 → 31/12/20

FIS-2014-063 Restoring Damaged Coral Reefs using Mass Coral Larval Reseeding Project

24/08/15 → 31/12/20

Effective Implementation of Payments for Environmental Services in Lao PDR

Bennett, J. & Scheufele, G.

1/10/12 → 10/08/17

Environmental Economics Research Hub

Bennett, J. , Betz, R., Burton, M. P., Fox, K. J., Grafton, Q. , Hundloe, T., Jotzo, F. , Kompas, T. , Pezzey, J., Rolfe, J. & Ward, M.

Commonwealth Department of the Environment and Energy

18/05/07 → 18/04/11

  • environmental economics 100%

Research output

  • 113 Article
  • 8 Commissioned report

Research output per year

Implementing bottom-up governance through granting legal rights to rivers: a case study of the Whanganui River, Aotearoa New Zealand

Research output : Contribution to journal › Article

  • legal rights 100%
  • rights of nature 77%
  • Legal rights 66%
  • New Zealand 48%

Valuing uncertain environmental outcomes from herpes virus control of the European Carp

  • wetland 68%
  • willingness to pay 65%
  • attribute 57%
  • pest species 40%

Willingness to pay for the outcomes of improved stormwater management

  • shipping lane 100%
  • willingness to pay 97%
  • waterway 79%
  • stormwater 76%
  • management 36%

A benefit-cost comparison of varying scales and methods of coral reef restoration in the Philippines

  • cost-benefit 78%
  • Restoration 67%
  • coral reef 65%
  • restoration 51%

Refining China's grassland policies: An interdisciplinary and ex-ante analysis

  • Livestock 62%
  • Social Benefits 59%
  • Incentives 59%
  • Stocking Rate 46%

The Australian National University

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Graduate Diploma of Economics

A single one year graduate award offered by the ANU College of Business and Economics

  • Length 1 year full-time
  • Minimum 48 Units
  • Academic plan DECON
  • Post Nominal
  • CRICOS code 082263J
  • Economics and Econometrics
  • Dr Cagri Kumru
  • Admission & Fees
  • First Year Advice
  • Introduction

Career Options

Learning outcomes, inherent requirements, further information.

  • Additional Information

Admission Requirements

Credit granted, scholarships.

  • Indicative Fees

Program Requirements

Study options.

The Graduate Diploma in Economics requires the completion of 48 units, which must consist of:

48 units from completion of the following compulsory courses:

ECON7073 Microeconomic Analysis

ECON7074 Macroeconomic Analysis

STAT7055  Introductory Statistics for Business and Finance

EMET7001 Mathematical Techniques for Economic Analysis

ECON8025  Advanced Microeconomic Analysis

ECON8026 Advanced Macroeconomic Analysis

EMET8005 Econometric Methods and Modelling

ECON8013 Optimisation for Economics and Financial Economics

Applicants must present one of the following:

  • A Bachelor degree or international equivalent with a minimum GPA of 4.0/7.0
  • At least 10 years of work experience in an ANZSCO Skill Level 1 role

The GPA for a Bachelor program will be calculated from (i) a completed Bachelor degree using all grades and/or (ii) a completed Bachelor degree using all grades other than those from the last semester (or equivalent study period) of the Bachelor degree. The higher of the two calculations will be used as the basis for admission.

Ranking and English language proficiency: At a minimum, all applicants must meet program-specific academic/non-academic requirements, and English language requirements. Admission to most ANU programs is on a competitive basis. Therefore, meeting all admission requirements does not automatically guarantee entry. In line with the University's admissions policy and strategic plan, an assessment for admission may include competitively ranking applicants on the basis of specific academic achievement, English language proficiency and diversity factors. Applicants will first be ranked on a GPA ('GPA1') that is calculated using all but the last semester (or equivalent) of the Bachelor degree used for admission purposes. If required, ranking may further be confirmed on the basis of:

  • a GPA ('GPA2') calculated on the penultimate and antepenultimate semesters (or equivalent) of the Bachelor degree used for admission purposes; and/or
  • demonstrating higher-level English language proficiency

Prior to enrolment in this ANU program, all students who gain entry will have their Bachelor degree reassessed, to confirm minimum requirements were met.

Further information: English language admission requirements and post-admission support

Diversity factors: As Australia’s national university, ANU is global representative of Australian research and education. ANU endeavours to recruit and maintain a diverse and deliberate student cohort representative not only of Australia, but the world. In order to achieve these outcomes, competitive ranking of applicants may be adjusted to ensure access to ANU is a reality for brilliant students from countries across the globe.

Assessment of qualifications: Unless otherwise indicated, ANU will accept all Australian Qualifications Framework (AQF) qualifications or international equivalents that meet or exceed the published admission requirements of our programs, provided all other admission requirements are also met.

Where an applicant has more than one completed tertiary qualification, ANU will base assessment on the qualification that best meets the admission requirements for the program. Find out more about the Australian Qualifications Framework: www.aqf.edu.au .

Unless otherwise indicated, where an applicant has more than one completed tertiary qualification, ANU will calculate the GPA for each qualification separately. ANU will base assessment on the best GPA of all completed tertiary qualifications of the same level or higher.

ANU uses a 7-point Grade Point Average (GPA) scale. All qualifications submitted for admission at ANU will be converted to this common scale, which will determine if an applicant meets our published admission requirements. Find out more about how a 7-point GPA is calculated for Australian universities: www.uac.edu.au/future-applicants/admission-criteria/tertiary-qualifications .

Indicative fees

For more information see: http://www.anu.edu.au/students/program-administration/costs-fees

For further information on International Tuition Fees see: https://www.anu.edu.au/students/program-administration/fees-payments/international-tuition-fees

Fee Information

All students are required to pay the  Services and amenities fee  (SA Fee)

The annual indicative fee provides an estimate of the program tuition fees for international students and domestic students (where applicable). The annual indicative fee for a program is based on the standard full-time enrolment load of 48 units per year (unless the program duration is less than 48 units). Fees for courses vary by discipline meaning that the fees for a program can vary depending on the courses selected. Course fees are reviewed on an annual basis and typically will increase from year to year. The tuition fees payable are dependent on the year of commencement and the courses selected and are subject to increase during the period of study.

For further information on Fees and Payment please see: https://www.anu.edu.au/students/program-administration/fees-payments

ANU offers a wide range of  scholarships  to students to assist with the cost of their studies.

Eligibility to apply for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are.  Specific scholarship application process information is included in the relevant scholarship listing.

For further information see the  Scholarships  website.

The Graduate Diploma in Economics provides a program of study for those wanting a basic understanding of modern economic analysis. It is available to graduates in any discipline who have some background in economics and quantitative methods. The Graduate Diploma in Economics will be attractive to those whose present or intended career requires a basic ability in economic analysis. It is also a foundation for further study at a more advanced level.

ANU ranks among the world's very finest universities. Our nearly 100,000 alumni include political, business, government, and academic leaders around the world.

We have graduated remarkable people from every part of our continent, our region and all walks of life.

Analyse economic problems using formal methods;

Interpret diagrammatic and mathematical representations of economic concepts;

Use introductory mathematical economic analysis at the graduate level and provide economic intuition for the results;

Deploy basic estimation techniques expected of students in postgraduate study and policy related empirical work;

Analyse the economic effects of policy changes, which is valuable for students wanting to work as professional economists or proceed to postgraduate study;

Information on inherent requirements is currently not available for this program

To progress to the Master of Economics, students are required to complete an average of 70% in the following 4 courses:

ECON8025 , ECON8026 , ECON8013 and EMET8005 .

To progress to the Master of Applied Economics, students are required to complete an average of 65% in the following 4 courses:

It is highly recommended that students take Maths summer course offered by the Research School of Economics upon completion of EMET7001 . Further information about this course is available here: https://www.rse.anu.edu.au/students/students/maths-summer-course/

About this degree

Enrolment status, academic advice.

Back to the Graduate Diploma of Economics page

First Semester courses

While it is possible for domestic students to enrol in fewer courses per semester, ie. undertake part-time study, it will take you longer to complete your program. International students must undertake full-time study.

You must complete the foundation level courses ( ECON7073 , ECON7074 , EMET7001 and STAT7055 ) before progressing to the higher level courses ( ECON8025 , ECON8026 , ECON8013 and EMET8005 ). 

Please refer to the CBE Fast Track page: https://www.cbe.anu.edu.au/fasttrack  

Responsible Officer: Registrar, Student Administration / Page Contact: Website Administrator / Frequently Asked Questions

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+61 2 6125 5111 The Australian National University, Canberra CRICOS Provider : 00120C ABN : 52 234 063 906

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  2. Doctor of Philosophy, ANU College of Business and Economics

    PhD in Economics with the Research School of Economics (RSE). Due to the sequencing of the coursework that is required for the PhD in Economics, admission with entry in the second semester (starting in July) will only be granted if a successful applicant has already completed most of the PhD coursework as part of the ANU Master of Economics .

  3. Economics, Ph.D.

    The PhD program in Economics is offered by the Research School of Economics (RSE) at Australian National University, and caters to candidates of the highest academic ambition. Australian National University. Canberra , Australian Capital Territory , Australia. Top 0.5% worldwide. Studyportals University Meta Ranking.

  4. Postgraduate programs

    Many leading professional economists, public servants, politicians and academics have undertaken graduate study in economics at ANU, in particular in the Master of Economics, one of the longest standing, and most highly respected postgraduate degrees in Australia. Master of Applied Economics. Master of Economics. Master of Economic Policy.

  5. PhD in Finance

    While not a formal requirement for entry, you should be aware that the PhD coursework requirements outlined below assume knowledge equivalent to later-year undergraduate and graduate diploma-level studies in economics, finance and quantitative methods. The following is an indicative list of ANU subjects that make up the basic assumed knowledge:

  6. AsPr Yixiao Zhou

    Yixiao earned her PhD in Economics from ANU, and her Bachelor of Economics and Bachelor of Science from Peking University. She is passionate about teaching and mentoring students for advanced, cutting-edge and innovative research with policy impact. ... Economics, PhD, The Australian National University. Award Date: 15 Dec 2014. Economics ...

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  9. PhD graduates

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  10. PhD Seminar (Economics)

    This seminar series is for presentations by PhD in Economics students in the Arndt-Corden Department of Economics, Crawford School of Public Policy. Open to the public. Convener: ... +61 2 6125 5111 The Australian National University, Canberra CRICOS Provider : 00120C ABN : 52 234 063 906.

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  14. Graduate Diploma of Economics

    The Graduate Diploma in Economics provides a program of study for those wanting a basic understanding of modern economic analysis. It is available to graduates in any discipline who have some background in economics and quantitative methods. The Graduate Diploma in Economics will be attractive to those whose present or intended career requires a basic ability in economic analysis.

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