units

ECC5810

Faculty of Business and Economics

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Monash University Handbook 2010 Postgraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

LevelPostgraduate
FacultyFaculty of Business and Economics
OfferedClayton Second semester 2010 (Day)
Coordinator(s)Dr Birendra Rai

Synopsis

Topics in the theory of public goods including optimum conditions analysis; market failure and problems of political decision-making in relation to the supply of pure and impure public goods; separation of equity and efficiency aspects; possible applications to such issues as income redistribution, merit wants, pollution control and multi-level government.

Objectives

The learning goals associated with this unit are to:

  • be familiar with the welfare framework, economic concepts and theoretical economic analysis of public goods at an advanced level
  • be familiar with advanced economic analysis of political decision-making in the public choice literature
  • have a sophisticated understanding of the implications of public goods analysis for government policy in major areas of public expenditure
  • have a sophisticated appreciation of the limitations and deficiencies of theoretical and empirical economic analysis in this general area.

Assessment

Within semester assessment: 100%

Chief examiner(s)

Birendra Rai

Contact hours

3 hours per week

Co-requisites

Students must be enrolled in course code 3194 to undertake this unit