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Handbook 1997 : Faculty of Economics and Commerce : Economics

316-304 Social Economics

Coordinator:

Professor J Creedy

Prerequisite/s:

316-101 Introductory Macroeconomics and 316-102 Introductory Microeconomics.

Pre/Corequisite/s:

316-201 Intermediate Macroeconomics and 316-202 Intermediate Microeconomics.

Timetable:

Semester 2

Contact:

Two 1-hour lectures and a 1-hour tutorial a week for one semester

Objectives:

On completion of this subject students should be able to:

  • understand issues surrounding the measurement of economic inequality;

  • understand the concept and measurement of poverty;

  • judge the usefulness and the limitations of existing theory in the area of social economics;

  • critically evaluate contemporary policy debates with reference to economic principles as applied to social economics;

  • understand the role of transfer payments in an economy;

  • understand principles of social insurance in relation to sickness, unemployment and pensions.

Content:

The distribution of access to goods and services by members of the community. The problems involved in defining and measuring the personal distribution of income and wealth and the degree of inequality. The redistributive effects of the taxation and social security systems and of the government provision of goods and services. Special reference to current policy issues.

Assessment:

A 2-hour examination (80%) and class assignments totalling approximately 2000 words (20%).

Prescribed Texts:

To be advised.

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Handbook 1997 : Faculty of Economics and Commerce : Economics 
Status:                   OFFICIAL 1997
Last Modified:            Wednesday March 12 3:36 pm
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Email Enquiries:          Course_Information@registrar.unimelb.edu.au
Copyright © University of Melbourne 1997.