Students

ECON3000 – Public Economics

2022 – Session 2, Online-scheduled-weekday

General Information

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Unit convenor and teaching staff Unit convenor and teaching staff
Pundarik Mukhopadhaya
Credit points Credit points
10
Prerequisites Prerequisites
130cp at 1000 level or above including ((ECON110 or ECON111 or ECON1020) and 20cp at 2000 level or above)
Corequisites Corequisites
Co-badged status Co-badged status
Unit description Unit description

This unit discusses the major traditional areas of taxation and public expenditure as well as emerging issues relating to public economics in a globalised world economy. Topics may include: taxation; public expenditure; public sector pricing; benefit-cost analysis; fiscal federalism; along with entirely new areas of research and inquiry that have recently emerged.

Important Academic Dates

Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates

Learning Outcomes

On successful completion of this unit, you will be able to:

  • ULO1: Examine critical issues and processes evolving in the economics of the public sector.
  • ULO2: Review changing local and global government intervention issues, structures and policies.
  • ULO3: Explain the working of the public policy issues in the wider democratic process.
  • ULO4: Analyse the requirements and roles of the public sector in a decentralised market economy.
  • ULO5: Evaluate the necessity and effects of government fiscal decisions.

General Assessment Information

Late Assessment Submission Penalty (written assessments) 

Unless a Special Consideration request has been submitted and approved, a 5% penalty (of the total possible mark) will be applied each day a written assessment is not submitted, up until the 7th day (including weekends). After the 7th day, a grade of ‘0’ will be awarded even if the assessment is submitted. Submission time for all written assessments is set at 11.55pm. A 1-hour grace period is provided to students who experience a technical concern.  

For any late submissions of time-sensitive tasks, such as scheduled tests/exams, performance assessments/presentations, and/or scheduled practical assessments/labs, students need to submit an application for Special Consideration.

Assessment Tasks

Name Weighting Hurdle Due
Online assessments 30% No Week 4, Week 9 and Week 11
Essay 20% No Week 8, Friday
Final exam 50% No University time table

Online assessments

Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 15 hours
Due: Week 4, Week 9 and Week 11
Weighting: 30%

 

There will be three online quizzes, each worth 10%.

 


On successful completion you will be able to:
  • Explain the working of the public policy issues in the wider democratic process.
  • Analyse the requirements and roles of the public sector in a decentralised market economy.
  • Evaluate the necessity and effects of government fiscal decisions.

Essay

Assessment Type 1: Essay
Indicative Time on Task 2: 15 hours
Due: Week 8, Friday
Weighting: 20%

 

The 2,500 word essay is designed to develop your understanding of the different ways in which government policies affect the economy.

 


On successful completion you will be able to:
  • Examine critical issues and processes evolving in the economics of the public sector.
  • Review changing local and global government intervention issues, structures and policies.
  • Explain the working of the public policy issues in the wider democratic process.

Final exam

Assessment Type 1: Examination
Indicative Time on Task 2: 40 hours
Due: University time table
Weighting: 50%

 

A two-hour exam will be held during the end of session formal exam period.

 


On successful completion you will be able to:
  • Examine critical issues and processes evolving in the economics of the public sector.
  • Review changing local and global government intervention issues, structures and policies.
  • Explain the working of the public policy issues in the wider democratic process.
  • Analyse the requirements and roles of the public sector in a decentralised market economy.
  • Evaluate the necessity and effects of government fiscal decisions.

1 If you need help with your assignment, please contact:

  • the academic teaching staff in your unit for guidance in understanding or completing this type of assessment
  • the Writing Centre for academic skills support.

2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation

Delivery and Resources

Delivery and Resources

Prescribed textbook

Students are recommended to purchase the following textbook:

• Gruber, J, (2020) Public Finance and Public Policy (6th edition IE), Macmillan Higher Education.

The text is available for purchase from Booktopia/Co-op by clicking here.

Additional weekly readings and resources will be made available on the unit iLearn site during the session.

Technology used and required

The unit uses the learning management system (iLearn) that can be accessed via iLearn.mq.edu.au.

The iLearn site is also used to post important notices. You should check this regularly. The iLearn web page has the facility to allow peer to peer discussion and also allows students to put questions to the teaching staff.

Zoom will be used for all remote consultation sessions. More information about accessing your MQ student Zoom account can be found here

Learning and teaching activities

Students are expected to attend the weekly one-hour zoom sessions. Every week an additional two-hour lecture will be made available on iLearn unit page.  All classes will be delivered online.  The classes will consist of a mix of lecture material, tutorial questions and discussions (details to be provided on iLearn at the start of the Session). All recorded lectures and discussions will be available on iLearn-ECHO360.  It is suggested that lecture slides and/or any readings be read in advance.

Policies and Procedures

Macquarie University policies and procedures are accessible from Policy Central (https://policies.mq.edu.au). Students should be aware of the following policies in particular with regard to Learning and Teaching:

Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.

To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.edu.au) and use the search tool.

Student Code of Conduct

Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/admin/other-resources/student-conduct

Results

Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au

Academic Integrity

At Macquarie, we believe academic integrity – honesty, respect, trust, responsibility, fairness and courage – is at the core of learning, teaching and research. We recognise that meeting the expectations required to complete your assessments can be challenging. So, we offer you a range of resources and services to help you reach your potential, including free online writing and maths support, academic skills development and wellbeing consultations.

Student Support

Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/

The Writing Centre

The Writing Centre provides resources to develop your English language proficiency, academic writing, and communication skills.

The Library provides online and face to face support to help you find and use relevant information resources. 

Student Services and Support

Macquarie University offers a range of Student Support Services including:

Student Enquiries

Got a question? Ask us via AskMQ, or contact Service Connect.

IT Help

For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/

When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.


Unit information based on version 2022.03 of the Handbook