This course is only available to students enrolled in the Executive Master of Public Administration.
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 Regulatory Activity: how does regulation operate?
· Government Supply Activity: how does government provide services?
· Government Redistribution Activity: how does redistribution of income and wealth operate?
· 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?
· Values, Evidence and Trends in Economics for Government
Video-related exercises (20%); group project (20%); test (30%); essay (30%)
In response to COVID-19: Please note that Semester 2 Class Summary information (available under the classes tab) is as up to date as possible. Changes to Class Summaries not captured by this publication will be available to enrolled students via Wattle.
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Requisite and Incompatibility
All students will receive a comprehensive reading pack. Any prescribed texts for the course are to be advised.
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:
- 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.
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|
|6798||07 Aug 2020||14 Aug 2020||21 Aug 2020||04 Oct 2020||In Person||N/A|