The Department of Economics at Carleton University proposes to establish a Graduate Diploma (Type II and III) in Economic Policy. Students in the Graduate Diploma in Economic Policy will gain an understanding and appreciation of the functioning and limitations of markets within a broad, institutional and political context—ranging from the micro to the macro, the local to the global. The program will focus on real-world practical challenges related to economic policy formulation and implementation. Graduates from the program will deepen their critical thinking and problem solving skills related to the economic implications of different public policy options for firms and governments.