(BUS)
Not offered in 2000
Dr Ram Pillarisetti
6 points + 3 hours per week + Second semester + Gippsland + Prerequisites: ECG9102, ECG9120
Synopsis: Topics include the rationale for government involvement in a market economy; provision of collective goods, public goods and merit goods; problems of market failure; public expenditure evaluation, including public choice theory and consideration of political decision making; the economics of taxation; and the problems of public finance on a federal system of government.
Assessment: Major essay of approximately 4000 words: 40% + 3-hour examination: 60%