
Encourages students to think creatively.
Brings real-world examples to learning.
Helps students see the value in learning.
Makes learning exciting and impactful.
Always prepared and organized for students.
Challenges students to grow and excel.
David Orsmond is Professor of Economics in the Department of Economics at Macquarie Business School, Macquarie University, a position he assumed in 2020. He holds a PhD in Economics from Duke University awarded in 1992 for his thesis on Black Market Exchange Rates, a Bachelor of Economics (Honours) from the University of Sydney in 1986, and Advanced Studies in International Policy from the Kiel Institute for the World Economy. Prior to his academic appointment, Orsmond gained extensive experience in policy advice and research across various countries and institutions. He worked over 25 years at the Reserve Bank of Australia, including as Deputy Head of the Economic Analysis Department and head of the Regional and Industry Analysis Section. He also held positions as Economist at the Department of the Prime Minister and Cabinet and as Mission Chief and Economist at the International Monetary Fund.
Orsmond's research specializations encompass macroeconomics, housing markets, financial markets and regulation, the mining sector, and emerging economies. Key publications include 'Choosing an economics principles textbook: a perspective on the CORE project' co-authored with Paul Crosby in Advances in Economics Education (2023), 'Supply-side issues in the housing sector' with Wing Hsieh and David Norman (2012), and 'House prices and financial stability: An Australian perspective' with Michele Bullock (2019). He has contributed articles to The Lighthouse such as 'Budget spends big but needs a longer-term view' (2021) and 'Is inflation really coming back?' (2021). In teaching, Orsmond excels at making complex economic concepts accessible to first-year undergraduates through real-world applications, interactive methods, and industry insights, earning the Vice-Chancellor's Learning and Teaching Student-Nominated Award in 2022. Affiliated with the Applied AI Research Centre as Director of Policy and Communications, he provides expert media commentary on topics including inflation, job markets, AI's employment impacts, and post-COVID economic recovery.
