The Economics of Social Issues
University of Queensland
Area of Study
Taught In English
Course Level Recommendations
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
Host University Units2
Recommended U.S. Semester Credits4
Recommended U.S. Quarter Units6
Hours & Credits
OverviewCourse DescriptionIntroductory economic concepts: nature of the market system; alternative measures of living standards; role & size of government sector. Specific topics may vary from year to year & may include: education, health, income distribution & social security, migration, crime & political instability, ethics, ageing, the environment, discrimination.Learning ObjectivesAfter successfully completing this course you should be able to:
Class Contact2 Lecture hours, 1 Tutorial hourAssessmentEssayType: EssayLearning Objectives Assessed: 1, 2, 3, 4Weight: 25%Task Description: Mainstream economics tends to emphasise market solutions to social issues, while allowing that there are reasons for accepting that some markets fail. Institutionalist economists accept selective government interventions rather more willingly, seeking to highlight both the efficiency and the equity consequences of such interventions. Efficiency/equity trade-offs are commonly important, albeit they may sometimes be concealed in public debate. A good essay should show a command of how such issues play a role in effective argument about the case for or against various proposed policy measures impinging upon (say) equality of opportunity in the education or health sectors or within the welfare state more generally.Essays are to be submitted both electronically (Blackboard) and in hardcopy.Mid-semester test on Weeks 1-7Type: Exam - Mid Semester During ClassLearning Objectives Assessed: 1, 2, 3, 4Due Date: Mid-SemesterWeight: 25%Reading: 5 minutesDuration: 90 minutesFormat: Multiple-choiceTask Description: This mid-semester test will be held during lecture time in week 9 (6 May). It will cover material treated in Lectures 1-7. The format will be multiple-choice. The exact format will be made clear in lectures as well as being posted on Blackboard. It will be based on lecture and tutorial material (including practice MCQ) as well as on specified readings.Final ExamType: Exam - during Exam Period (Central)Learning Objectives Assessed: 1, 2, 3, 4Due Date: Examination PeriodWeight: 50%Reading: 10 minutesDuration: 120 minutesFormat: Multiple-choice, Short answer, Short essay, Extended essayTask Description:The final exam will cover all material in the course, with some possible emphasis on weeks 8 and later. The final exam will consist of a mix of essay questions and MCQ. More precise details will be explained later on Blackboard.
- Explain some of the basic concepts and theory of economics.
- Analyse social issues from the perspective of economics.
- Assess or critique public policy alternatives in relation to social issues.
- Consider interdisciplinary criticisms of the economics approach to social issues
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
Some courses may require additional fees.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.