Public Sector Economics
Victoria University of Wellington
Wellington, New Zealand
Area of Study
Taught In English
ECON 201 or (ECON 130, PUBL 203/209);
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.
Recommended U.S. Semester Credits3 - 4
Recommended U.S. Quarter Units4 - 6
Hours & Credits
The economic analysis of the role of the state, covering market failure and government failure and related policy instruments, with applications in the areas of taxation, social security and education.
Course Learning Objectives
C1: describe the important schools of thought within public economics and the economics of politics
C2: explain and evaluate the current level, form and methods of government involvement in the New Zealand economy
C3: discuss the theoretical reasons for that involvement, and the appropriate design of economic
instruments to achieve the objectives of involvement
C4: explain the influences of economic theories on the design of public policy and management reforms in New Zealand and overseas
C5: discuss the extent to which there is a trade-off between equity and efficiency, and the degree of complementarities between efficiency and equity
C6: use the concepts of efficiency and equity in the development of policies for the public sector
C7: explain the strengths and weaknesses of schools of thought within public economics for analysing policies in the public sector
C8: use economic techniques to analyse policies in the public sector
Assignment 1 15%
Assignemtn 2 15%
Final Exam 70%
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.
Please reference fall and spring course lists as not all courses are taught during both semesters.
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Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.