Handbook

The extent of government intervention in markets and business is the subject of many policy debates. This course examines the role of government in a market economy, exploring possible reasons for market failure, the justification for government intervention, and the impact of various government policies on the economy.

The course focuses on the practical application of economic theory in the Australian context. This includes the mechanisms of income redistribution, how the government works with the private sector, and how the government evaluates its own policies.

The course will equip you with the necessary knowledge to be active participants in economic policy debates and lay the foundations for a career in government or policy analysis.