Understanding the PNG Economy


Level of study: Career Based/Vocational

This micro-credential examines the experience of Papua New Guinea, by far the largest economy in the Pacific, and Australia’s closest neighbour. Understanding the PNG economy is important (a) for understanding PNG (b) for strategic reasons, given PNG’s importance and (c) for a good understanding of development economics, given PNG’s unique economic structure and trajectory. The micro-credential takes a model-based, data-based and history-based approach to understanding PNG’s economic past, present and future. It is designed to be useful both for those with an economics background, and for those without. It should be of interest to those who work or will work in PNG, but also for those with an interest in development economics.
PNG’s economy – an introduction
Economic models for understanding PNG
PNG economic time series
Pre-independence PNG
The early years of independence
The 90s: crisis and reform
PNG and the resource boom
PNG today: after the boom
PNG and governance
PNG and economic reform
Learning outcomes
Upon successful completion, enrollees will have the knowledge and skills to:
Apply theories of economic development to PNG.
Be aware of key economic debates in relation to PNG
Understand PNG’s economic history
Be familiar with key topics of importance to the contemporary PNG economy
Micro-credential stack information
This Micro-credential is currently not part of a stack.

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