Monash University Handbook 2011 Postgraduate - Unit

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

Synopsis

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.

Objectives

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.

Assessment

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

Chief examiner(s)

Vai-Lam Mui

Contact hours

3 hours per week

Prerequisites

Students must have passed ECX9000 before undertaking this unit.

Prohibitions

Students who have passed ECC2400 should not undertake this unit.