eco2mgg markets, governments
MARKETS, GOVERNMENTS AND GLOBALIZATION
ECO2MGG
2016
Credit points: 15
Subject outline
In this subject, you will be exposed to international economics and public economics at an introductory level. A background in economics is not assumed. You will be first introduced to basic theories of consumer and producer choice. Using the theories, you will learn how government policies influence individual incentives in various markets. You will also learn about the difficulties in formulating public policies for correcting market failures. These issues are discussed in both national and international contexts.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorDavid Walker
Available to Study Abroad StudentsYes
Subject year levelYear Level 2 - UG
Exchange StudentsYes
Subject particulars
Subject rules
PrerequisitesN/A
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjectsN/A
Special conditionsN/A
Graduate capabilities & intended learning outcomes
01. Describe theories of consumer and producer choice and apply them to explain government policies.
- Activities:
- Lectures; Tutorial exercises; Assignments
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
02. Analyse theoretically how government interventions impact markets by affecting individual incentives.
- Activities:
- Lectures; Tutorial exercises; Assignments
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
03. Explain theoretically why some goods are overprovided and others underprovided in society and how governments may intervene to correct individual incentives.
- Activities:
- Lectures; Tutorial exercises; Assignments
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
05. Apply economic analysis to globalisation issues such as international trade and international migration.
- Activities:
- Lectures; Tutorial exercises; Assignments
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
Subject options
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Melbourne, 2016, Semester 1, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorDavid Walker
Class requirements
LectureWeek: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
TutorialWeek: 11 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 11 to week 22 and delivered via face-to-face.
Assessments
Assessment element | Comments | % | ILO* |
---|---|---|---|
One-hour mid-semester examination | 20 | 01, 02, 05 | |
Two small assignments | 15% per assignment | 30 | 01, 02, 03, 05 |
Two-hour final examination | 50 | 01, 02, 03, 05 |