Public Finance (ECOS3011)

UNIT OF STUDY

Public Finance is about the taxing and spending decisions of governments. The unit covers a wide range of public finance topics. After an introduction to welfare economics and the role of government in the economy, the unit focuses on the revenue side of the budget: tax incidence, efficient and equitable taxation, the Australian system of revenue raising, issues of tax reform and the theory and practice of public utility pricing. It then focuses on the expenditure side of the government budget: public goods, externalities, and programs aimed at redistribution. It also introduces techniques of policy evaluation.

Our courses that offer this unit of study

Further unit of study information

Classes

1x2hr lecture/week, 1x1hr tutorial/fortnight

Assessment

Mid-semester test (20%), assignment (30%) and 3hr Final exam (50%)

Faculty/department permission required?

No

Unit of study rules

Prerequisites and assumed knowledge

Either (ECOS2001 or ECON2001) or (ECOS2901 or ECON2901)

Prohibitions

ECON3011

Study this unit outside a degree

Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.