ECON8034 Principles of Public Economics
| Offered By | School of Economics |
|---|---|
| Academic Career | Graduate Coursework |
| Course Subject | Economics |
| Offered in | First Semester, 2010 and First Semester, 2011 |
| 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, and social insurance...) and government revenue (income, capital and commodity taxes) with special reference to the Australian public sector. The course will also cover topics on public choice and provide an alternative, more critical, view of government. The public choice perspective places more emphasis on modelling the political process and argues that this, like the market mechanism, has readily identifiable sources of failure. |
| 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 |
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| 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 |
| Preliminary Reading |
See Course Website |
| Indicative Reading List | See Course Website |
| Programs | Graduate Diploma in Economics, Graduate Diploma in Applied Economics, Graduate Diploma in Economic Policy, Graduate Diploma in Economic Policy, Master of Economics, Master of Applied Economics, Master of Economic Policy, Master of International Trade and Economic Relations, Master of Health Economics, and Master of International and Development Economics |
| Other Information | See Course Website |
| Academic Contact | http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8034 |
The information published on the Study at ANU 2010 website applies to the 2010 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2009 website.
