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Economic theories for the role of government in a market economy and the role of economics in the formulation and evaluation of public policy.
The purpose of this course is to study economic theories for the role of government in a market economy and the role of economics in the formulation and evaluation of public policy. The topics covered include responses to market failure due to the existence of externalities, a comparison of private and public goods, an analysis of tax incidence and dead weight loss, and methods for evaluating the alternative policies available.It is hoped that ECON335 will teach you how to employ microeconomic theory to understand, analyse, and evaluate government interventions.
The objectives of the course are:1. Students can explain and apply theory, concepts, models or reasoning from their selected subject major to a problem/issue/context.2. Students can critique concepts, models or reasoning from their selected subject major.3. Use fundamental economic principles to explain the behaviour of people and organisations.4. Explain political and regulatory influences on the economy.5. Students can write a report/essay on a problem/issue/situation/scenario.
ECON207 RP: ECON208
ECON208
Students must attend one activity from each section.
Andrea Menclova
The ‘45% rule’ does not apply to this course. That is, students do not need to reach 45% weighted average across invigilated assessments. Please refer to https://learn.canterbury.ac.nz/course/view.php?id=7744 for further information.
Rosen, Harvey S. , Gayer, Ted; Public finance ; Tenth edition; McGraw-Hill Education, 2014.
Cullis, John G. , Jones, Philip R; Public finance and public choice : analytical perspectives ; 3rd ed; Oxford University Press, 2009.
Domestic fee $1,003.00
International fee $4,538.00
* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.
For further information see Department of Economics and Finance .