- Code POGO8081
- 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
- Prof Robert Breunig
- Mode of delivery In Person
First Semester 2014
See Future Offerings
This course seeks to enable participants to understand the world views and tool boxes that economists bring to the study of the economy and its role in human activity, to know how to employ the work of economists when specialist knowledge and technique of this kind is called for in public administration and policy, and to appreciate both the strengths and weaknesses of this influential discipline.
Participants will develop an understanding of the merits and the limitations of economics in the collective domain and the ability to use positive ("objective") and normative ("subjective") models to guide efficient and effective government decision-making.
Topics to be covered include:
- The Nature of Economics, Economic Thinking and Government
- The Nature of Markets: how do markets work? How well do markets work?
- Theory of Market Failure: do markets go wrong?
- Theory of Collective Failure: does government go wrong?
- Government, Productivity and Growth: how does government influence productivity and growth?
- Macroeconomics: what determines overall economic activity in an economy?
- International and Global Economics: how does a national economy link to the world?
Upon successful completion, students will have the knowledge and skills to:On successful completion of this course, students will be able to
• Understand the tools and insights that economists bring to the study of human activity, the economy and public policy
• Use basic economic analysis in their work as policy administrators and policy makers
• Draw insight from the economic literature and the work of economists when called for in public administration and policy-making
• Appreciate the strengths and weaknesses of the discipline of economics
Five in-class multiple choice exams (10% each); final exam (50%)
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Requisite and Incompatibility
Joshua Gans, Stephen King, Robin Stonecash and N. Gregory Mankiw, Principles of Economics, Thompson, Southbank, Vic, 2003 (second edition)
Tuition fees are for the academic year indicated at the top of the page.
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- 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
Offerings, Dates and Class Summary Links
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
|Class number||Class start date||Last day to enrol||Census date||Class end date||Mode Of Delivery||Class Summary|
|3706||17 Feb 2014||07 Mar 2014||31 Mar 2014||30 May 2014||In Person||N/A|