ECG9161

Theory and practice of economic reforms

Dr Gennadi Kazakevitch

6 points · 3 hours per week · Second semester · Gippsland · Prerequisites: ECG9102 Introduction to macroeconomic theory and policy; ECG9120 Introduction to microeconomic theory and policy

Objectives The objectives of this subject is to draw upon skills developed in microeconomics and macroeconomics to enable students to understand and critically evaluate contemporary policy debates in the area of microeconomic reforms. Students will broaden their understanding of the economic environment through critical analysis of current economic reforms in the public sector and evolving changes in the relationship between the public and private sectors of the economy. An emphasis on independent learning will enhance research skills, the ability to critically evaluate issues and to communicate results.

Synopsis The subject will examine the theory and practice of institutional changes in economic mechanisms, including forms of ownership and governmental regulation and deregulation of the public and corporate sectors. Special attention is be given to analysing issues of privatisation and deregulation in Australia from the point of view of contemporary economic theory.

Assessment Essay work of approximately 4000 words: 40% · 2 hours written examination: 60 %

Prescribed texts

Quggin J Great expectations: Microeconomic reform and Australia Allen and Unwin, 1996
Jones N Australian microeconomic policies, 4th edn, Prentice-Hall, 1994
Up-to-date references and reading to be provided by the subject coordinator as a part of the study material package.

Back to the 1999 Business and Economics Handbook