Economic and social issues
Lecturer to be advised
6 points * Two 1-hour lectures and one 1-hour tutorial per week * First or second semester * Clayton * Prerequisites: ECO1020 and ECO1030 or ECO1100 and ECO1110
Objectives On completion of this subject students should be able to analyse, from an economic perspective, a number of economic and social problems and to understand the limitations of this analysis.
Synopsis The contribution of elementary economic analysis to the understanding of social issues and economic problems; the roles of positive and normative analysis. Issues are selected for discussion on the basis of their intrinsic interest and of their suitability for showing the relevance of a variety of economic concepts. Examples used are consumer information and protection; non-price rationing and procurement (including military conscription); education and the state; pollution and congestion.
Assessment Written (1500-word essay): 30% * Examination (2.5 hours): 70%