Economic policy is rooted in the belief that government should be involved in some, if not all, financial decisions regarding local, state, and national economies. Economic policy may refer to interest rates, tax policy, government spending, as well as economic development and trade policies.

Australia has a subsidized higher education for students pursuing the undergraduate degrees. They also give loan and grants for the post graduate students. Higher learning starts at undergraduate degree level to a doctoral degree offered in any field of study.