Credit points: 15
This subject deals with public economic issues. The implications of externalities, public goods and nonconvexities for public policy are examined, and issues of collective choice and implementation are presented. The central topic of the course is the rationale for public intervention in decentralised economies. Case studies from Australia and other economies dealing with topics such as income distribution, microeconomic reform, taxation, the environment, health, education and social services illustrate the main theoretical ideas.
FacultyFaculty of Business, Economics and Law
Subject Co-ordinatorYu-Chien Kong
Available to Study Abroad StudentsYes
Subject year levelYear Level 4 - UG/Hons/1st Yr PG
Prerequisites one of ECO3CMF, ECO3EGS, ECO3MB, ECO3IND, ECO3PPI
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Melbourne, 2014, Semester 2, Day
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorYu-Chien Kong
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
|Assignments totalling 2,500 words||40|
|One 2 hour final examination||60|