POGO8027 Contemporary Economic Theories for Policy
| Offered By | Policy & Governance |
|---|---|
| Academic Career | Graduate Coursework |
| Course Subject | Policy and Governance |
| Offered in | Winter Session, 2010 |
| Unit Value | 6 units |
| Course Description |
This course is intended to provide a critical understanding of the major economic frameworks and theories relevant to design and operation of policy. It reviews both the orthodox allocative approaches and the newer and more dynamic theories. The past, current and emerging influence of these economic theories on policy settings and on the fortunes of policy in particular are developed. Their pertinence to new concerns over policy necessary for success in the Global Knowledge Economy is a focus, but also their wider applicability. A critical perspective is applied to the relevant theories so that they can be evaluated in terms of their potential operational usefulness for policy formulation. Topics covered include traditional neoclassical (?economic rationalist?) principles concerning market efficiency and then alternative or newer theories which diverge from or augment orthodox neoclassical approaches by emphasising: . strategic interdependence in the presence of market power; . stakeholder roles and effects; . network arrangements; . institutions and economic evolution; . spatial factors involving cities and regions; and . dynamic effects arising "endogenously" including ideas. |
| Indicative Assessment | essay type exam 20%, short paper 20%, essay 60%. |
| Workload | Two tranches of lectures (see timetable) |
| Areas of Interest | Policy Studies |
| Requisite Statement |
There is a prerequisite of POGO8081, POGO8060, POGO8064 or a Credit grade or better in POGO8016 and 8019. Restrictions: While particularly directed at students undertaking the Industry Strategy specialization in the MPP degree, others will be admitted if numbers permit. |
| Academic Contact | tba |
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.
