Social economics
Dr Leo Maglen
6 points * One 3-hour session per week * Second semester * Clayton
Synopsis This subject is concerned with the analysis of the role of the private and public sectors in resource allocation, in areas of vital social significance, but in which there is also a considerable amount of disputed terrain. It involves an analysis of the operation of market mechanisms and bureaucratic procedures, primarily with the view to establishing what are the most efficient and equitable alternatives. Some of the areas under consideration are education, health care, housing, the arts, crime prevention, pollution, urban congestion, poverty, and social security. Particular attention is given to Australian policies and practices.
Assessment Take-home examination * Assignments
Recommended texts
Charles S and Webb A The economic approach to social poverty Wheatsheaf, 1986
Eatwell J and others (eds) Social economics Macmillan, 1989
LeGrand J and Robinson R The economics of social problems Macmillan, 1984