This course is the advanced version of ECON2131 Public Economics – Theory. The course is taught at a more advanced level for undergraduate students enrolled at the Honours level.

The Pass component consists on a standard public economics course, which commonly takes for granted the existence of a benevolent government and focuses mostly on what governments should do (see details for the Pass component in the ECON2131 Study @ page).

The Honours component covers topics on public choice and provide an alternative, more critical, view of government. The public choice perspective places more emphasis on modeling the political process and argues that this, like the market mechanism, has readily identifiable sources of failure.

 In-class tests, a research essay and an end-of-semester examination. Details to be determined at the commencement of the course.

Contact hours as for the pass course together with additional honours classes and assessment.

Completion of or concurrent enrolment in ECON2101/2111 Microeconomics 2 (P or H).

For further information please refer to http://www.cbe.anu.edu.au/courses/course.asp?code=ECON2132