Students
ECON3000 – Public Economics
2023 – Session 2, Online-scheduled-weekday
General Information
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| Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor and Lecturer
Pundarik Mukhopadhaya
Selma Huang
|
|---|---|
| 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)
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| 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 submissions of assessments
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 |
|---|---|---|---|
| Assessments | 30% | No | Week 4 and Week 11 (tentative) |
| Essay | 20% | No | Week 8, Friday |
| Final exam | 50% | No | University time table |
Assessments
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 15 hours
Due: Week 4 and Week 11 (tentative)
Weighting: 30%
There will be two or three quizzes, with equal weighting.
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.
- Abelson, P. (2018) Public Economics: Principles and Practice (4th edition), Open access: https://appliedeconomics.com.au/
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:
- Academic Appeals Policy
- Academic Integrity Policy
- Academic Progression Policy
- Assessment Policy
- Fitness to Practice Procedure
- Assessment Procedure
- Complaints Resolution Procedure for Students and Members of the Public
- Special Consideration Policy
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.
- Workshops
- Chat with a WriteWISE peer writing leader
- Access StudyWISE
- Upload an assignment to Studiosity
- Complete the Academic Integrity Module
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:
- IT Support
- Accessibility and disability support with study
- Mental health support
- Safety support to respond to bullying, harassment, sexual harassment and sexual assault
- Social support including information about finances, tenancy and legal issues
- Student Advocacy provides independent advice on MQ policies, procedures, and processes
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 2023.03 of the Handbook