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ECON8034 Principles of Public Economics

Offered By School of Economics
Academic Career Graduate Coursework
Course Subject Economics
Offered in First Semester, 2009 and First Semester, 2010
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 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)
Course Classification(s) AdvancedAdvanced courses are designed for students having reached 'first degree' level of assumed knowledge, which provide a deep understanding of contemporary issues; or 'second degree' and higher levels of knowledge; or for transition to research training programs.
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 Website:  http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8034

Preliminary Reading

See Course Website:  http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8034

Indicative Reading List

See Course Website:  http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8034

Programs Graduate Diploma in Applied Economics, Graduate Diploma in Economic Policy, Graduate Diploma in Economic Policy, Graduate Diploma in Economics, Master of Applied Economics, Master of Health Economics, Master of International and Development Economics, Master of International Trade and Economic Relations, Master of Economic Policy, and Master of Economics
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/course.asp?code=ECON8034

The information published on the Study at ANU 2009 website applies to the 2009 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2008 website.

Updated:   13 Nov 2015 / Responsible Officer:   The Registrar / Page Contact:   Student Business Solutions