16.7 2nd and 3rd years Brian Galligan. Normally 25 points of first-year Politics; students with only 12.5 points in Politics may apply to the 2nd/3rd-year co-ordinator. Second semester Two 1-hour lectures and a 1-hour tutorial a week. On completion of the subject, students will:

• have an understanding of liberal and critical theories of political economy that are relevant for understanding Australian history and practice;
• be familiar with the Australian political economy tradition and current debates over the roles of government and the market;
• have studied some of the major issues of public policy and economic management facing Australia today
• have the skills to critically evaluate proposals for restructuring government and adopting market solutions for public purposes.

Australia is undergoing profound changes to the institutions and policies of the 'protective state' which were in place for almost a century. The new political economy is driven by economic ideas favouring deregulation and privatisation and political ideas about the role of government in responding to rapid global and technological changes. The subject examines critically the public debate which is raging, and institutional and policy changes which governments have made, or might make in restructuring Australia's political economy. Essay work or equivalent totalling 5,000 words. 16.7 Brian Galligan. Second semester. Two 1-hour lectures and a 1-hour tutorial each week. On completion of the subject, students will:

• have an understanding of liberal and critical theories of political economy that are relevant for understanding Australian history and practice;
• be familiar with the Australian political economy tradition and current debates over the roles of government and the market;
• have studied some of the major issues of public policy and economic management facing Australia today
• have the skills to critically evaluate proposals for restructuring government and adopting market solutions for public purposes.

Australia is undergoing profound changes to the institutions and policies of the 'protective state' which were in place for almost a century. The new political economy is driven by economic ideas favouring deregulation and privatisation and political ideas about the role of government in responding to rapid global and technological changes. The subject examines critically the public debate which is raging, and institutional and policy changes which governments have made, or might make in restructuring Australia's political economy. Essay work or equivalent totalling 5,000 words.