ECON3395 Economic Policy

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 2UWA (Perth)Face to face
Details for undergraduate courses
  • Level 3 core unit in the Philosophy, Politics and Economics major sequence
  • Level 3 option in the Economics; Professional Economics major sequences
  • The area of knowledge for this unit are Management and Commerce, Society and Culture
  • Category B broadening unit for students
  • Level 3 elective
Content
This unit provides an overview of the role governments have played in shaping the rise and fall of societies. Arguably one of the key drivers of economic growth and development, conflicts and wars, students analyse the moral and philosophical underpinnings of governments, as well as their most relevant policies, both historically and today. Students then look at the most prevalent areas of government intervention (in Australia and the rest of the world), considering what government policies aim to do and what they do in reality. This unit requires a good amount of reading and students discuss a number of timely questions that have no easy answers. Both theoretical and empirical methods to analyse these questions are discussed and a basic understanding of econometric tools is an advantage when taking this unit.
Outcomes
Students are able to (1) demonstrate understanding of the rationale for government intervention in a market economy and critically discuss the corresponding (dis)advantages; (2) demonstrate understanding of the broad implications of government policies in the main areas of public policy (education, healthcare, environment, poverty and inequality, and military); (3) articulate a range of policy options based on an understanding of welfare economics and the role of government in a market economy; and (4) demonstrate understanding of the most effective scientific methods to understand the roots of prevalent public policy concerns.
Assessment
Indicative assessments in this unit are as follows: (1) homework questions; (2) written assignment; and (3) examinations. Further information is available in the unit outline.

Supplementary assessment is not available in this unit except in the case of a bachelor's pass degree student who has obtained a mark of 45 to 49 overall and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete their course.
Unit Coordinator(s)
Dr Michael Jetter
Unit rules
Prerequisites:
ECON2233 Microeconomics: Policy and Applications
Contact hours
lectures/tutorials/seminars/workshops: up to 3 hours per week
Unit Outline
Semester 1_2019 [SEM-1_2019]
  • 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.