Economics of Social Issues
Enrolments for this year have closed. Keep exploring subjects.
Subjects may require attendance
Australia’s fourth oldest university, the University of Tasmania, is highly regarded internationally for teaching and academic excellence. The university offers more than 100 undergraduate degrees and more than 50 postgraduate programs across a range of disciplines. The university offers students a diverse range of opportunities, the chance to learn from leading experts, and excellent preparation for their future careers.
QS RANKING 2021
Times Higher Education Ranking 2021
Upon completion of this subject, the student should be able to:
- Use economic concepts to identify, describe and explain social issues
- Analyse social issues from different perspectives in Economics
- Analyse public policy responses to social issues from different economic perspectives
- Effectively communicate economic arguments supported with appropriate evidence
- Economics Framework – Allocation of resources
- Social Care
- Housing and neighbourhoods
- Aging population
- The Environment and Global Warming
- Markets and Governemts
No eligibility requirements
No special requirements
Economics of Social Issues applies economic principles to study contemporary social issues, including: the distribution of wealth and income, poverty and inequality, gender differences, altruism, crime and corruption, gambling, and housing. These social issues are analysed by looking at the extent to which efficiency and equity objectives can be achieved through market-based and/or government interventions. The use of a simple yet rigorous economic framework makes this subject useful for those with little or no economic background and are interested in how economic tools can be used to understand contemporary social issues and shape public policy. This subject should be of interest to economists, as well as those from other fields interested in studying major social and economic issues of the 21st Century.
- Mid-Semester Test (20%%)
- Final Exam (45%%)
- Case Study (35%%)