Economic Policy in Society
ECO30
Overview
Level of study: What does Undergraduate Level 3 mean?
Undergraduate Level 3
EFTSL: What does EFTSL mean?
0.125
Delivery Method: What does delivery method mean?
Fully Online
Prerequisites: What are the prerequisites?
Duration:
13 weeks
Domestic student fee:
$1,178.00 (AUD)
HECS student fee:
$1,178.00 (AUD)
International student fee:
$1,403.00 (AUD)
Description
This unit considers the ways in which economic analysis can contribute to the solution of policy issues which concern society, and the interaction between economic and non-economic aspects of such issues. Topics selected for particular attention include the nature and goals of policy; unemployment; income distribution; infrastructure, technology and growth; and taxation policy. You may also choose to develop further topics in which you have a particular interest. Examples include health, education and privatisation.
Please note: Assessment values are indicative only; details will be advised at the start of the unit.
Prerequisites
Mandatory prerequisites
You must have successfully completed the following unit(s) before starting this unit:
- ECO11 — Principles of Economics (Previously Microeconomics 1)
- ECO12 — Macroeconomics 1
If you have completed equivalent study at another university, please contact a Student Advisor for advice.
Assessment
- Essay — (20%-30%)
- Invigilated Exam — (35%-50%)
- Learning Log — (10%-20%)
- Participation — (15%-25%)
Learning Outcomes
At the completion of this unit students will be able to:
- analyse policy issues, using economic principles and reasoning
- appreciate the relationship between policy goals
- identify potential gainers and losers from proposed policy changes
- evaluate policy options relating to particular issues
- engage confidently and competently in debate about economic policy in society.
Topics
This unit addresses the following topics.
| Number | Topic |
|---|---|
| 1 | Economics and public policy |
| 2 | Income distribution, poverty and the welfare state |
| 3 | Employment and unemployment |
| 4 | Infrastructure, technology and economic growth |
| 5 | Taxation, reform and an ageing society |
Study Resources
This unit is delivered using the following methods and materials:
Print based materials
- Welcome Letter
Online materials
- Printable format materials
Textbook information for this unit is currently being updated and will be available soon. Please check back regularly for updates. Alternatively, visit the Unibooks website and enter the unit details to search for available textbooks.
Relevant Courses
This unit is part of a major, minor, stream or specialisation in the following courses:
This unit is an approved elective in the following courses:
This unit may be eligible for credit towards other courses:
- Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
- In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Unibooks textbook list.
