Economics For Public Policy

Subject ECON90029 (2015)

Note: This is an archived Handbook entry from 2015.

Credit Points: 12.5
Level: 9 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2015:

Semester 1, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period 02-Mar-2015 to 31-May-2015
Assessment Period End 26-Jun-2015
Last date to Self-Enrol 13-Mar-2015
Census Date 31-Mar-2015
Last date to Withdraw without fail 08-May-2015

Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: This subject is taught over 36 hours
Total Time Commitment:

120 hours per semester


Enrolment in the Postgraduate Certificate in Arts (Public Policy and Management), Postgraduate Diploma in Arts (Public Policy and Management), Master of Public Policy and Management or the Master of Social Policy.



Recommended Background Knowledge:


Non Allowed Subjects:

This subject is not available to students enrolled in MC-ECO Master of Economics

Core Participation Requirements:

For the purposes of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements for this entry.

The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website:


Dr Graham Richards


MBS @ Berkeley Street
Level 4, 198 Berkeley Street
Telephone: +61 3 8344 1670

Subject Overview:

The course introduces students to the economic principles and framework used by economists to consider issues of public policy. The importance of rigorous analysis in problem solving is emphasised. The policy areas likely to be covered will be taken from public finance, industry policy, competition policy, micro-economic reform, taxation and income distribution, as well as health, education and infrastructure provision. The emphasis is on current issues and so the actual policies covered may vary in response to current events.

Learning Outcomes:

On successful completion of this subject students should be able to:

  • Apply economic concepts in a rigorous way in a public policy context, but in a way that is useful to non-economists;
  • Analyse policy-related information to identify relevant matters for economic analysis;
  • Combine different economic theories in a way that is meaningful and useful in developing and assessing public policies over a range of subject areas;
  • Evaluate the relevance of alternative economic theories for analysing different policy issues.
  • Two 2000-word written assignments (30% each) due in weeks 6 and 10 (60%); and
  • 2-hour end of semester examination (40%).

Prescribed Texts:

You will be advised of prescribed texts by your lecturer.

Breadth Options:

This subject is not available as a breadth subject.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

On successful completion of this subject, students should have improved the following generic skills:

  • Written communication
  • Oral communication
  • Problem solving
  • Application of theory to practice
  • Interpretation and analysis
  • Critical thinking
  • Receptiveness to alternative ideas

Related Course(s): Master of Public Administration
Master of Public Administration (Enhanced)
Related Majors/Minors/Specialisations: 100 Point Master of Public Policy and Management
100 Point Master of Social Policy
150 Point Master of Public Policy and Management
150 Point Master of Social Policy
200 Point Master of Public Policy and Management
200 Point Master of Social Policy

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