Overview
This topic is designed to introduce students to the study of public economics through the analysis of pressing social issues that require policy intervention by the government. It shows students the rationale of government intervention in several relevant and pressing policy areas and how public policy can impact the economy. … For more content click the Read More button below.
Topic availabilities
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Tuition pattern
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Aims
This topic aims to provide students with a general framework of analytical tools that allow them to understand the relationship between economics and public policy. It is designed around three fundamental steps. First, it provides students with knowledge and understanding of fundamental concepts. Second, it introduces students to real-world issues. Third, it guides students towards applying the concepts learned in order to propose solutions to the issues raised.
Learning outcomes
On completion of this topic you will be expected to be able to:
1.
Understand government interventions in the economy, including its causes, consequences, and the political and/or academic debates surrounding it
2.
Identify the major economic issues that require some form of government intervention
3.
Understand how public policy impacts the economy
4.
Apply a general framework of analytical tools to the understanding and the analysis of the relationship between economics and public policy
5.
Identify major social issues that have an impact on the economy through public policy
6.
Utilise an economic approach to decision-making in terms of policy formation and/or determining support for different policies
Assessments
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Requisites information
Anti-requisites: