6 points, SCA Band 3, 0.125 EFTSL
Postgraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
- Second semester 2017 (Day)
Topics in the theory of public goods including optimum conditions analysis; market failure and problems of political decision-making in relation to the supply of pure and impure public goods; separation of equity and efficiency aspects; possible applications to such issues as income redistribution, merit wants, pollution control and multi-level government.
The learning goals associated with this unit are to:
- be familiar with the welfare framework, economic concepts and theoretical economic analysis of public goods at an advanced level
- be familiar with advanced economic analysis of political decision-making in the public choice literature
- have a sophisticated understanding of the implications of public goods analysis for government policy in major areas of public expenditure
- have a sophisticated appreciation of the limitations and deficiencies of theoretical and empirical economic analysis in this general area.
Within semester assessment: 100%
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
See also Unit timetable information
Students must be enrolled in course code 3194 or 4427 to undertake this unit