Faculty of Business and Economics

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Monash University Handbook 2011 Postgraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

FacultyFaculty of Business and Economics
OfferedClayton Second semester 2011 (Day)
Australia (Other) Second semester 2011 (Off-campus block of classes)
Coordinator(s)Associate Professor Vai-Lam Mui


Issues include incentives and credibility problems in microeconomic policy making in both developed and developing economies, with particular attention to topics such as microeconomic issues in the public sector, the role of institutions, and the critical evaluation of microeconomic policy. Students are expected to build on basic microeconomics knowledge and to exhibit an understanding of the policy context.


The learning goals associated with this unit are to:

  1. apply economic theory and institutional knowledge of relevant parts of the economy to analyse government microeconomic policy options, and to make recommendations on policy actions
  2. understand developments in policy debates in other countries and consider their impact on recent economic policies implemented in Australia
  3. evaluate the contributions and limitations of economic analysis for helping to understand and to evaluate microeconomic policy options.


Within semester assessment: 40%
Examination (2 hours): 60%

Chief examiner(s)

Vai-Lam Mui

Contact hours

3 hours per week


Students must have passed ECX9000 before undertaking this unit.


Students who have passed ECC2400 should not undertake this unit.