PUBLIC POLICY

ECO4PPO

Not currently offered

Credit points: 15

Subject outline

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.

School: La Trobe Business School (Pre 2022)

Credit points: 15

Subject Co-ordinator:

Available to Study Abroad/Exchange Students: Yes

Subject year level: Year Level 4 - UG/Hons/1st Yr PG

Available as Elective: No

Learning Activities: Demonstration of general equilibrium models in lectures.

Capstone subject: No

Subject particulars

Subject rules

Prerequisites: one of ECO3CMF, ECO3EGS, ECO3MB, ECO3IND, ECO3PPI

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Quota Management Strategy: N/A

Quota-conditions or rules: N/A

Special conditions: N/A

Minimum credit point requirement: N/A

Assumed knowledge: N/A

Career Ready

Career-focused: No

Work-based learning: No

Self sourced or Uni sourced: N/A

Entire subject or partial subject: N/A

Total hours/days required: N/A

Location of WBL activity (region): N/A

WBL addtional requirements: N/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

COMMUNICATION - Communicating and Influencing
INQUIRY AND ANALYSIS - Creativity and Innovation
INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving
INQUIRY AND ANALYSIS - Research and Evidence-Based Inquiry

Intended Learning Outcomes

01. Describe data required for modelling of economic public policy
02. Describe restrictions on consumer preferences and production technologies which ensure existence of competitive general equilibrium
03. Evaluate academic economic article(dealing with some public policy issue(s)
04. Use general equilibrium models to evaluate economic public policy
Subject not currently offered - Subject options not available.