- Code POGO8060
- Unit Value 6 units
- Offered by Policy and Governance Program
- ANU College ANU College of Asia and the Pacific
- Course subject Policy and Governance
- Areas of interest Policy Studies
- Academic career PGRD
- Mode of delivery In Person
The course provides an introduction to the form, content and reasoning of economics, both in microeconomics and macroeconomics, as a basis for understanding economic dimensions of government policy, particularly industry policy.
The course will cover the major building blocks of micro-economics in terms of individual firms, consumers and workers, aggregating these to markets and their operation in national and international economies. This provides a basis for examining the structure of analysis behind major issues such as industry policy and tariffs as well as competition policy and micro-economic reform, inflation and unemployment.
The course is aimed at students with no prior or recent tertiary study in economics.
Topics covered include:
- An introduction to economics
- Supply and Demand
- Markets and Welfare
- Market failure
- The importance of market structure
- Factor markets
- Macroeconomics Concepts and Measures
- Long-run Economic Change
- Stabilisation Policy
- International Economic Relations
Indicative AssessmentTwo examinations, 50% each
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WorkloadWeekly lectures (see timetable) plus tutorial as arranged
Requisite and Incompatibility
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:
- 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.
- Domestic fee paying students
- International fee paying students