Economics of the Public Sector (6404.5)

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Unit Outlines

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• Semester 2, 2018, ON-CAMPUS, BRUCE (179619) - View
• Semester 2, 2017, ON-CAMPUS, BRUCE (167784) - View
• Semester 2, 2016, ON-CAMPUS, BRUCE (156985) - View
• Semester 2, 2015, ON-CAMPUS, BRUCE (139742) - View

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Syllabus

The objective of this unit is to examine the role of the public sector in the economy, in particular, the economic theories that attempt to explain government fiscal activities with emphasis on their application to the Australian environment.

Learning Outcomes

On successful completion of this unit, students will be able to:

1. Explain the structure and growth of public expenditures in Australia;

2. Compare and evaluate the explanations for government interventions in markets;

3. Describe how the level of government expenditures is determined;

4. Explain the different types of taxes that exists in Australia and discuss these taxes based on efficiency and equity;

5. Describe the fiscal and financial relationship between the different levels of government and the measures undertaken to rectify fiscal imbalances in the Australian Federation.

Assessment Items

Contact Hours

Normally thirty nine hours per semester.

Prerequisites

6355 Introduction to Economics OR 9518 Foundations of Microeconomics

Incompatible Units

9545 Public Finance

Equivalent Units

9545 Public Finance