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Study online with La Trobe University through Open Universities Australia. Explore all degrees, subjects and short courses now.

Climate Change Economics and Policy

Politics, Philosophy and Economics

Principles of Environmental and Resource Economics

Economic Issues and Public Policy

Regional Economic Development

How do Societies and Economies Interact? Competing Approaches in Political Economy

In this subject you will undertake research into current economic issues and apply economic concepts and frameworks to critically analyse problems and suggest appropriate public policy responses to them. You will learn how the forces of demand and supply coordinate the behaviour of individuals and businesses in the market and how government policy settings affect those market outcomes. You will study the decisions that businesses make in determining how much to produce and at what cost and analyse how the market structures and public policy settings affects firms’ choices. From an economy-wide perspective, you will investigate how to measure economic activity, inflation and unemployment, and you will examine the factors that influence these variables and the impacts on individuals, businesses and governments.

In this subject students will gain a broad understanding of regional economic development processes, focusing on Australian and international examples. Weekly classes will introduce students to contested understandings of &#39;the economy&#39; and explore how neoliberalism, globalisation, and increasing urbanisation present challenges and opportunities for diverse forms of regional development. Along the way we will consider how diverse social, cultural and political contexts shape regional economic development in different ways. You will also engage with professional knowledge and develop skills required in the field of regional economic development.This is a level 3 subject. Please consider the subject pre-requisites before enrolling. This subject includes live sessions with the expectation of student attendance and participation.

Why are only some people gainfully employed, with others unable to secure the work they need? Why are governments unable to agree on solutions to problems like climate change? Why does most economic activity take place in cities, rather than rural areas? This subject explores how economies and societies interact. Taught through a historical perspective (which identifies the key social and political problems of a particular period), you will be introduced to ideas central to classical, neoclassical, institutional and Marxian political economy, Keynesian and post-Keynesian analysis, nudge or behavioural economics, along with feminist and ecological approaches. You will compare different theories about the role of labour, capital, commodities, and ideas, along with competing views of state intervention. Without assuming any prior understanding of economics, the subject will help you analyse a variety of policy challenges. Students from regional campuses can take this subject online, with the option of a face-to-face seminar at the Bundoora campus. Students enrolled in the Bachelor of PPE or Law/PPE should choose the face-to-face seminar.

This subject introduces you to the disciplines of politics, philosophy, and economics (PPE). Develop your knowledge of political institutions and their history. Learn how influential theories think philosophically about justice. Advance your economic understanding of how incentives affect human behaviour. And then apply perspectives from each PPE discipline to analyse topics: trade, economic inequality, environmental degradation, and concepts from educational opportunity. You will then see how each discipline can illuminate very different aspects of a particular problem. You will use PPE perspectives to analyse markets, inequality, environmental degradation, educational opportunity, and discrimination problem, with useful implications for policy-making. This is a core subject for students in La Trobe&#39;s Bachelor of Politics, Philosophy and Economics (PPE), but it is also open and accessible to any student seeking an introduction to these three disciplines, politics, philosophy, and economics) and their intersecting application to real-world challenges. This is a level 1 subject. This subject includes live sessions with the expectation of student attendance and participation.

In this subject you will be introduced to the concept of climate change and its predicted impacts on natural and built environments. Using climate change economics, you will evaluate various national and international policy frameworks including carbon markets to mitigate human-induced climate change. You will also explore a range of business implications arising from climate change mitigation and adaption policy responses.

This subject introduces you to the field of environmental and resource economics. You will explore the basic relationships between the economy and the environment and learn how to tackle environmental and resource degradation issues using economic principles and methods. In particular, you will examine (i) the theoretical framework for the optimal management of natural resources and environmental quality, (ii) various analytical tools to assess environment policies, including benefit-cost analysis, and (iii) different policy approaches to address environmental externalities, such as command-and-control and incentive based strategies.

La Trobe University Economics Subjects | Open Universities Australia

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