Government in a market economy

Due to the changing situation relating to the response to the coronavirus (COVID-19), this workshop has been deferred. The health and wellbeing of participants, faculty and staff is paramount, as such we have come to this decision based on publicly available information relating to the COVID-19 pandemic, and its potential implications for participants, faculty and staff. All registered participants will be contacted and a new date for the deferred program will be communicated in due course. Applications and expressions of interest will remain open and we encourage interested participants to fill out a form via the button below as we intend to reschedule once the impacts of the situation have passed. If you have any queries, please contact This email address is being protected from spambots. You need JavaScript enabled to view it..

A four-day workshop designed as a public sector manager’s guide to key economic principles and their application to public sector programs, issues and policies.

Ross Guest, Griffith Business School Professor of Economics, leads the workshop and emphasises:

  • economic evaluation in the public sector
  • applications of markets to the public sector
  • implications of market failure for government
  • and efficiency and equity in government programs and policies.

The broad aim is to help public sector managers make better decisions in allocating scarce resources, and to design and deliver policies and programs more effectively.

Modes of delivery

ANZSOG is offering this post-graduate level micro-credential workshop in two modes – accredited and non-accredited.


  • For participants who wish to seek credit for completion of this subject towards a tertiary program of study, there will be compulsory assessment tasks to complete alongside attending the classes. Assessment tasks will include individual and group assignments.
  • Participants who are currently studying a post-graduate course at a tertiary institution should consult with their course administrator regarding the possibility of cross-institutional enrolment in this subject as an elective.


  • Participants who wish to attend the course for practical value or professional development but do not wish to seek formal credit for prior learning towards a tertiary program of study will not be required to complete assessment pieces during and after the program.

Want more information about accreditation and non-accreditation? Contact the Government Relations Team on +61 3 9035 3279 or email: This email address is being protected from spambots. You need JavaScript enabled to view it..

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What will you learn?

At the end of the workshop, participants will be better equipped to:

  • understand how market forces operate and how government policies influence, and are influenced by, market forces
  • understand why unfettered private markets can sometimes fail to deliver efficient and fair outcomes for society
  • identify particular examples of market failure and apply economic principles to designing government interventions to prevent or reduce the costs of market failure
  • apply the key principles of cost-benefit analysis in evaluating public sector projects
  • apply the economic toolkit to decisions facing public sector managers about delivery and pricing of public services
  • appreciate the importance and role of the public sector in promoting national productivity.

Who should register?

Executives, managers and officers in the public sector seeking to design and deliver programs and policies more effectively, to understand principles of economic evaluation of public sector programs, and to make better decisions in allocating scarce resources.

ANZSOG encourages public sector leaders to recommend this course to colleagues and staff who are seeking to advance their skillset in the application of economic analysis to public sector policies, programs and issues.

Who will lead the workshop?

Ross Guest is Professor of Economics in the Griffith Business School at Griffith University, a Principal Fellow with the Higher Education Academy, and an adjunct professor at the Australia and New Zealand School of Government. Prof Guest holds a PhD in Economics from the University of Melbourne.

He is the Editor-in-Chief of the International Review of Economics Education and an author of two textbooks. His primary field of research is population economics, on which he has published many articles and has received four Australian Research Council grants. He has completed a number of consultancies for government agencies in Australia and New Zealand.

How much will it cost?

Prices are in AUD and exclude GST.

  • $2,400 - Non-accredited version
  • $3,500 - Accredited version (for micro-credential postgraduate level accreditation from Griffith University) 


Express your interest

Got a question?

Contact the Government Relations Team for more information on +61 3 9035 3279 or email: This email address is being protected from spambots. You need JavaScript enabled to view it..

Express your interest

Express your interest

Venue information

  • Venue: TBC