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.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinator

Available to Study Abroad/Exchange StudentsYes

Subject year levelYear Level 4 - UG/Hons/1st Yr PG

Available as ElectiveNo

Learning ActivitiesDemonstration of general equilibrium models in lectures

Capstone subjectNo

Subject particulars

Subject rules

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


Incompatible subjectsN/A

Equivalent subjectsN/A

Quota Management StrategyN/A

Quota-conditions or rulesN/A

Special conditionsN/A

Minimum credit point requirementN/A

Assumed knowledgeN/A

Career Ready


Work-based learningNo

Self sourced or Uni sourcedN/A

Entire subject or partial subjectN/A

Total hours/days requiredN/A

Location of WBL activity (region)N/A

WBL addtional requirementsN/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

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 options

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Subject not currently offered - Subject options not available.