• Offered by Research School of Economics
  • ANU College ANU College of Business and Economics
  • Course subject Economics
  • Areas of interest Economics
  • Academic career UGRD
  • Course convener
    • Dr Maria Racionero Llorente
  • Mode of delivery In Person
  • Offered in First Semester 2014
    See Future Offerings

This course is the advanced version of ECON2131 Public Economics – Theory. The course is taught at a more advanced level for undergraduate students enrolled at the Honours level.

The Pass component consists on a standard public economics course, which commonly takes for granted the existence of a benevolent government and focuses mostly on what governments should do (see details for the Pass component in the ECON2131 Study @ page).

The Honours component covers topics on public choice and provides an alternative, more critical, view of government. The public choice perspective places more emphasis on modeling the political process and argues that this, like the market mechanism, has readily identifiable sources of failure.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

Upon successful completion of the requirements for this course, students should be able to:

  • Identify and explain the principal forms of market failure that provide a justification for government intervention;
  • Describe the main policy instruments used to mitigate market failures and explain the principles that guide their optimal use;
  • Explain the limitations of government intervention - for instance, illustrate how the presence of information problems both explains the forms that policy intervention take and imposes limits on what can be achieved by it.
  • Identify the trade-offs captured by public economics models; including the assumptions, relevance, and limitations of those models 
  • Analyse policy problems and assess arguments appearing in the policy debate.
  • Distinguish the normative and the positive approaches to public economics and, in particular, identify and explain public choice models of government

Other Information

See the course outline on the College courses page. Outlines are uploaded as they become available. 

Indicative Assessment

Take-home assignments, a mid-semester examination and an end-of-semester examination. Details to be determined at the commencement of the course.

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Workload

Contact hours as for the pass course together with additional honours classes and assessment.

Requisite and Incompatibility

To enrol in this course you must have completed or concurrent enrolment in ECON2101/2111 Microeconomics 2 (P or H).

Fees

Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Students continuing in their current program of study will have their tuition fees indexed annually from the year in which you commenced your program. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
3
Unit value:
6 units

If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

Units EFTSL
6.00 0.12500
Domestic fee paying students
Year Fee
1994-2003 $2922
2004 $3234
2005 $3234
2006 $3240
2007 $3240
2008 $3240
2009 $3240
2010 $3240
2011 $3240
2012 $3240
2013 $3240
2014 $3246
International fee paying students
Year Fee
1994-2003 $2922
2004 $3234
2005 $3234
2006 $3288
2007 $3426
2008 $3426
2009 $3426
2010 $3750
2011 $3756
2012 $3756
2013 $3756
2014 $3762
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

The list of offerings for future years is indicative only.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
3235 17 Feb 2014 07 Mar 2014 31 Mar 2014 30 May 2014 In Person N/A

Responsible Officer: Registrar, Student Administration / Page Contact: Website Administrator / Frequently Asked Questions