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Subject details

Students who successfully complete this subject will be able to:

  1. Analyse policy issues, making reference to relevant contemporary economic principles
  2. Demonstrate analytical thinking through discussion and debate relating to the relationships between policy goals
  3. Evaluate proposed policy changes to assess impact with view to identifying potential gainers and losers
  4. Engage confidently and competently in debate about economic policy in society.
    • The nature and goals of policy
    • Unemployment
    • Income distribution
    • Infrastructure, technology and growth
    • Taxation policy
  • Study resources

    • Print materials

      • Welcome letter
    • Online materials

      • Printable format materials

You must have successfully completed the following subject(s) before starting this subject:

USA-ECO11-Principles of Economics , or SWI-ECO10002, or SWI-ECO10004-Economic Principles
USA-ECO12-Macroeconomics 1 , or SWI-ECO10003, or SWI-ECO20004-Macroeconomic Policy


Students must complete 150 cps (12 subjects) prior to enrolling in this subject.

Special requirements

No special requirements

Economic Policy in Society the economic concepts of public choice theory, market failure and government failure will be used to analyse the conduct of a range of government polices in Australia. These policy areas will include such things as industry/agricultural policy, utilities regulation, health and welfare policy, taxation and education. In doing so the subject has three broad aims. The first is to help students to understand and appreciate the relevance of economic principles and concepts to the development of policy in Australian society. The second is to assist students to develop their ability to apply economic reasoning to real world policy issues. The third is to encourage students to contribute to the policy process and help shape a better society. 

  • Invigilated Exam — Individual (30-50%)
  • Research Essay — Individual (20-30%)
  • Assignment — Individual (30-40%)

Textbook information is pending.

Related degrees

undergraduate SWI-BUS-DEG-2018

Bachelor of Business

  • Bachelor of Business Core Subjects
  • Major in Advertising (this Major is currently in teach-out)
  • Major in Economics
  • Major in Finance
  • Major in Information Systems
  • Major in Marketing
  • Co-Major in Advertising (this Co-Major is currently in teach-out)
  • Co-Major in Economics (for Finance students)
  • Co-Major in Economics (not for Finance students)
  • Co-Major in Finance (cannot be taken with the Finance or Economics Major)
  • Co-Major in Finance (for Economics students)
  • Co-Major in Information Systems
  • Co-Major in Marketing (cannot be taken with the Marketing Major)

undergraduate SWI-CIS-DEG-2018

Bachelor of Business Information Systems

  • Core Subjects Information Systems
  • Major in Business Analysis
  • Major in Data Analytics
  • Co-Major in Economics
  • Co-Major in Marketing