Economic issues are central to the world in which we live. Economists hold very different views about the cause of these issues, how the economic system works and how it could work differently to improve outcomes for society. This unit explores the principal schools of economic thought - Classical, Marxian, Institutional, Neoclassical and Keynesian - and considers how different economic theories explain the nature of the economic system in which we live, shape views about policies implemented by governments, and advocate different policy solutions to persistent economic and social problems.
1x2hr lectures/week, 1x1hr tutorial/week
10x10 questions online multiple choice quiz (20%), 1x750wd mini-essay (10%), 1x2000wd essay (35%), 1x1750wd essay (25%), tutorial participation (10%)