ECON5516 The Economics of Public Policy

6 points
(see Timetable)
Semester 1UWA (Perth)Face to face
Semester 2UWA (Perth)Face to face
This unit is an introduction to public economics. Emphasis is put on its impact on growth and distribution across countries and current policy implications. Topics covered include (1) issues in public economic theory (microeconomics)—market failure (public goods, externalities); taxes and subsidies; price controls; competition policy; and (2) issues in public economic theory (macroeconomics)—fiscal policy (expenditure and taxation decisions), monetary policy.
Students are able to (1) understand core theoretical perspectives on main areas of public policy; (2) comprehensively assess all consequences of specific policies to all involved parties; (3) critically challenge policy recommendations; and (4) demonstrate reflective learning on the interactions between economic thinking and economic events.
Typically this unit is assessed in the following ways: (1) test; (2) case study; and (3) assignment. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Professor Alison Preston
Contact hours
seminars: 3 hours per week
Unit Outline
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.