Public/Private Interface for Sustainable Infrastructure
LMC703
Overview
To enrol in this unit, you must be accepted into a course from the provider.
Read before you start
Level of study: What does Postgraduate mean?
Postgraduate
EFTSL: What does EFTSL mean?
0.125
Delivery Method: What does delivery method mean?
Fully Online
Prerequisites: What are the prerequisites?
Duration:
13 weeks
Government loans available:
FEE-HELP FEE-HELP
Domestic student fee:
$2,000.00 (AUD)
International student fee:
$2,225.00 (AUD)
Description
Community debate around public private partnerships (PPPs) has never been more important given the agendas around development of infrastructure, health, education and environmental protection. This unit explains key features of public debate around public and private sector involvement in facilitating a sustainable national community infrastructure to support commerce and society in today's global economy. You explore and critique case studies illustrating PPPs and their outcomes to date, analyse key debates around efficiency and risk and examine the broader social impact on equity, sustainability and accountability. Policy approaches explored will include privatisation, competition policy, outsourcing, purchaser-provider arrangements, PPP arrangements, community-based partnership developments, public accountability and risk management.
Please note: Assessment values are indicative only; details will be advised at the start of the unit.
Enrolment Restriction
In order to enrol in this unit, you must be accepted into one of the following courses:
If you wish to seek approval to enrol in this unit without being accepted in a course, please contact OUA regarding the process.
Prerequisites
Completed Graduate Diploma level units of study associated with the Master of Commerce.
Learning Outcomes
By the end of this unit student will be able to:
• Consider the nature of ‘sustainability’ in the delivery of public services by private enterprise
• Understand and explain the issues surrounding the changing role of the public sector in delivering economic and social infrastructure
• Conceptualise describe and appreciate the macroeconomic significance of social and economic infrastructure on national expenditure, national production and the current account deficit
• Critique models for delivery of infrastructure from the perspective of efficiency monitoring, accountability, business and investor confidence, risk shifting and risk sharing.
• Critique models of social service infrastructure, economic infrastructure, privatisation of services, public-private infrastructure mix and partnerships in Australia, UK and New Zealand.
• Appreciate the response of institutions to rapid changes in the global economy in providing economic infrastructure
• Appreciate the role of stakeholders in infrastructure provision and the benefits and risks to each
• Understand and critique the academic and policy debates regarding the sustainable public outcomes of PPPs in relation to governance, accountability, cost savings, transfer of risks, etc
• Conceptualise the impact on business and the wider community from a sustainability perspective
• Critique and analyse the contribution of PPPs to macroeconomic objectives
• Analyse and critique appropriate forms of cost-benefit and risk analysis
Topics
This unit addresses the following topics.
| Number | Topic |
|---|---|
| 1 | Major policy issues in the progression from public to private infrastructure |
| 2 | Ownership, management and sustainable development of the nation's economic and social infrastructure |
| 3 | Macroeconomic significance of social and economic infrastructure on national expenditure, national production and the current account deficit. |
| 4 | Market mechanisms and frameworks including privatisation, outsourcing, 'user pays', competition policy, contestability, purchaser-provider, PPPs, etc. |
| 5 | The benefits and costs of private provision of economic and social infrastructure. |
| 6 | Risk transfer, risk management and corporate governance |
| 7 | Finance arrangements, contract arrangements, and accountability in managing infrastructure projects. |
| 8 | Policy development and New Public Management (NPM); extracting value and sustainability from PPPs |
| 9 | Case Studies of Public - Private provision in sectors such as Education, Health, Government Administration, Transport |
| 10 | Community partnerships and sustainability |
| 11 | Structural and systemic barriers to optimum public-private provision and integration |
Study Resources
This unit is delivered using the following methods and materials:
Print based materials
- Welcome Letter
Online materials
- Printable format materials
Relevant Courses
This unit is a core requirement in the following courses:
This unit is an approved elective in the following courses:
- Graduate Diploma of Commerce, Swinburne University of Tnlgy
- Master of Commerce, Swinburne University of Tnlgy
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.
