Principles of Public Economics ECON8034  - Details

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Offered By: School of Economics
Academic Career: Graduate Coursework
Course Subject: Economics
Offered in: First Semester, 2008
Unit Value: 6 units
Course Description:

This course provides an analytical framework to explain the role of the public sector and its interactions with the private sector. It investigates both government expenditure (health expenditure, education, social insurance...) and government revenue (income, capital and commodity taxes) with special reference to the Australian public sector.

Learning Outcomes: Learning outcomes: By the end of the course students should have an appreciation of the principal forms of market failure that provide a justification for government intervention, be familiar with the principal policy instruments used to mitigate market failures, and with the principles that guide their optimal use, but also be familiar with the limitations of government intervention (in particular, understand how the presence of information problems both explains the forms that policy intervention take and also imposes limits on what can be achieved by it).
Indicative Assessment:
  • Best two out of three in-class tests (redeemable) 10%
  • Two take-home tests (compulsory) 20%
  • Final exam (compulsory) 70%
Workload: 12 hrs (including 3.5 contact hours in teaching weeks)
Areas of Interest: Economics
Eligibility: At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree with introductory level courses in Economics, Statistics and Econometrics
Prescribed Texts:

See Course Outline:  http://ecocomm.anu.edu.au/courses/outline/ECON8034.pdf 

Preliminary Reading:

See Course Outline:  http://ecocomm.anu.edu.au/courses/outline/ECON8034.pdf 

 

Indicative Reading List:

See Course Outline:  http://ecocomm.anu.edu.au/courses/outline/ECON8034.pdf 

Programs: Graduate Diploma in Applied Economics, Graduate Diploma in Economics, Master of Applied Economics, Master of International Trade and Economic Relations, Master of International and Development Economics, Graduate Diploma in Economic Policy, Graduate Diploma in Economic Policy, Master of Economics, Master of Health Economics, and Master of Economic Policy
Other Information:

For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8034

Academic Contact: See http://ecocomm.anu.edu.au/courses/outline/ECON8034.pdf