Public Sector Economics

Victoria University of Wellington

Course Description

  • Course Name

    Public Sector Economics

  • Host University

    Victoria University of Wellington

  • Location

    Wellington, New Zealand

  • Area of Study

    Economics

  • Language Level

    Taught In English

  • Prerequisites

    ECON 201 or (ECON 130, PUBL 203/209);

  • Course Level Recommendations

    Upper

    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.

    Hours & Credits

  • Credit Points

    15
  • Recommended U.S. Semester Credits
    3 - 4
  • Recommended U.S. Quarter Units
    4 - 6
  • Overview

    Description
    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

    Assessment
    Assignment 1 15%
    Assignemtn 2 15%
    Final Exam 70%

Course Disclaimer

Courses and course hours of instruction are subject to change.

Eligibility for courses may be subject to a placement exam and/or pre-requisites.

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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.