Markets, Regulation and Government Policy

This course applies and extends intermediate microeconomic and macroeconomic principles in concert with relevant empirical evidence to the analysis of contemporary issues in public policy. The role of government regulation to address efficiency and equity issues arising from the operation of markets is critically assessed. Students are assisted to independently access, analyse and synthesise appropriate resources and material, and opportunities are provided to write formal reports and essays and to defend their arguments in open discussion. Critical thinking, analysis and communication skills identified in the graduate profile become a major focus.