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Unit (2020)

Information on this page, including unit offerings, is from the 2020 academic year.

Public Sector Economics (SWM645)

Organisational Unit Business
Credit Points 3
Description This unit deals with the economics of the public sector. Government expenditures are one side of the budget and the purposes of these expenditures are reviewed along with evaluation techniques to assess the efficiency and equity associated with expenditures. On the other side are the sources of revenue in the form of taxes, intergovernmental grants, government borrowing, asset sales, and user charges. These sources of revenue are also examined for their efficiency and equity features.
Unit Learning Outcomes On successful completion of the unit you should be able to:
1. Interpret economic indicators and evaluate their importance in assessing current economic trends.
2. Conduct cost and benefit analysis, and measure total factor productivity growth.
Timetabled Learning Activities Seminars and workshops are delivered in intensive teaching mode (24 hours contact time), which may include evenings and weekends. Students will then complete research assignments independently, in consultation with teaching staff.
Unit Learning Experiences There will be one 3 hours lecture/seminar per week in this unit.
The purpose of the lectures is to provide guidance, context, encouragement and help with the more analytically demanding material covered in this unit. Questions and discussion of both the technical and policy aspects of the theory covered are encouraged during lectures.

Assessment This unit consists of three assessments:
1 Major essay 2,500 words 50%;
2 Seminar presentation (0ral) 10%;
3 Final exam 40%
The primary aim of the major essay (50%) is to allow students to undertake their own independent research on current public policy issues. Prior to submission, students are given 20 minutes each to present their research findings to class (date for seminar presentation to each student will be allocated during class). The seminar presentation (10%) will provide opportunities for students to gather feedback so that they can make further improvements to their essays. The final examination (40%) will test students' understanding of the critical aspects of public sector economics.
Prerequisites Enrolment in a graduate level award.
Appears in these Courses/Majors:
see individual structures for context
Master of Development Studies (MDS)
Master of Health Administration, Policy and Leadership (MHAPL) [New in 2016]
Master of International Affairs and Security (MIAS)
Master of Public Policy and Management (MPPM)
Internet Access RequirementsMurdoch units normally include an online component comprising materials, discussions, lecture recordings and assessment activities. All students, regardless of their location or mode of study, need to have access to and be able to use computing devices with browsing capability and a connection to the Internet via Broadband (Cable, ADSL or Mobile) or Wireless. The Internet connection should be readily available and allow large amounts of data to be streamed or downloaded (approximately 100MB per lecture recording). Students also need to be able to enter into online discussions and submit assignments online.


Unit Coordinator
Dr Ranald Taylor
Senior Lecturer in Economics

Murdoch Campus
t: 9360 2533
e: Ranald.Taylor@murdoch.edu.au
o: 512.2.015 - Murdoch Business School, Murdoch Campus
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