ECON5516 The Economics of Public Policy

6 points
(see Timetable)
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) demonstrate an understanding of 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.
Indicative assessments in this unit are as follows: (1) class participation
; (2) presentations
; and (3) term paper. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Dr Tushar Bharati
Contact hours
seminars: 3 hours per week
  • 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.
  • Unit readings, including any essential textbooks, are listed in the unit outline for each unit one week prior the commencement of study. The unit outline will be available via the LMS and the UWA Handbook. Reading lists and essential textbooks are subject to change each semester. Essential textbooks can be purchased from the commercial vendors to secure the best deal. The Student Guild can provide assistance on where to purchase books if required. Books can be purchased second hand at the Guild Secondhand bookshop (second floor, Guild Village), which is located on campus. Copies of textbooks and other readings will be made available for students to access from the Library, online wherever possible as well as in print.