This course is the advanced version of ECON2131 Public Sector Economics instead of 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 Programs and Courses 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
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. Tuition fees are indexed annually. 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 |
Course fees
- Domestic fee paying students
| Year | Fee |
|---|---|
| 2017 | $3660 |
- International fee paying students
| Year | Fee |
|---|---|
| 2017 | $4878 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
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 |
|---|---|---|---|---|---|---|
| 2586 | 20 Feb 2017 | 27 Feb 2017 | 31 Mar 2017 | 26 May 2017 | In Person | N/A |
