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Course profile

Public Economics (ECON7440)

Study period
Sem 2 2024
Location
St Lucia
Attendance mode
In Person

Course overview

Study period
Semester 2, 2024 (22/07/2024 - 18/11/2024)
Study level
Postgraduate Coursework
Location
St Lucia
Attendance mode
In Person
Units
2
Administrative campus
St Lucia
Coordinating unit
Economics School

This course focuses on the role of the government in the economy. Public policy issues are analysed theoretically and empirically. The course covers topics in government expenditure, taxation and political economy.

Course requirements

Prerequisites

You'll need to complete the following courses before enrolling in this one:

(ECON2010 + 2020) or ((7010 or 7110) + (7020 or 7021))

Incompatible

You can't enrol in this course if you've already completed the following:

ECON3450 or 6420

Course contact

School enquiries

Student Enquiries, School of Economics

All enquiries regarding student and academic administration (i.e. non-course content information, e.g., class allocation, timetables, extension to assessment due date, etc.) should be directed to enquiries@economics.uq.edu.au.

Enquiries relating specifically to course content should be directed to the Course Coordinator/Lecturer.

Course staff

Lecturer

Timetable

The timetable for this course is available on the UQ Public Timetable.

Additional timetable information

Tutorials commence in Week 2.

Student are required to log their preferences for a tutorial group via My Timetable (available through my.UQ dashboard).

Students should refer to the timetable prior to the commencement of classes to ensure that they have the most up to date information, as from time-to-time late room changes may occur. The timetable can be downloaded hereᅠPublic Timetable.

Public Holidays: Wed 14 August (Royal Queensland Show), Mon 7 October (King's Birthday).

In-Semester Break: 23 - 29 September. Semester 2 classes recommence Mon 30 September.

Aims and outcomes

This course aims to provide students with an opportunity to understand when markets fail and how government intervention may improve economic and social outcomes. It also aims at providing students some conceptual frameworks to think about how public policy is made in political processes and its implications.

Learning outcomes

After successfully completing this course you should be able to:

LO1.

Understand aspects of market failures and how government interventions may improve economic and social outcomes.

LO2.

Understand how public policy is influenced by efficiency and equity objectives.

LO3.

Understand economic and policy issues related to education and social insurance.

LO4.

Understand fundamental issues of taxation.

LO5.

Understand political institutions under which public policies are made.

Assessment

Assessment summary

Category Assessment task Weight Due date
Tutorial/ Problem Set Assignment 1 25%

2/09/2024 4:00 pm

Presentation Group presentation
  • Team or group-based
  • In-person
20%

7/10/2024 - 25/10/2024

Due by the end of the lecture/tutorial on either Week 11, 12 or 13 (depends when the group's presentation is scheduled).

Reflection Personal reflection on group presentations 5%

29/10/2024 4:00 pm

Examination Exam 50%

End of Semester Exam Period

2/11/2024 - 16/11/2024

Assessment details

Assignment 1

Mode
Written
Category
Tutorial/ Problem Set
Weight
25%
Due date

2/09/2024 4:00 pm

Learning outcomes
L01, L02, L03, L04

Task description

It will cover the material discussed up to week 5. The assignment may involve a mix of short answers, problem-solving and empirical analysis, and/or short essays.

Artificial Intelligence (AI) and Machine Translation (MT) provides emerging tools that may support students in completing this assessment task. Students may appropriately use AI and/or MT in completing this assessment task. Students must clearly reference any use of AI or MT in each instance. A failure to reference generative AI or MT use may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

The assignment must be submitted in a single PDF file through Blackboard.

Deferral or extension

You may be able to apply for an extension.

The maximum extension is 7 calendar days. This is required to ensure timely feedback to students.

Late submission

Late assignments will receive a penalty of 10% of the maximum mark per day.

Group presentation

  • Team or group-based
  • In-person
Mode
Oral
Category
Presentation
Weight
20%
Due date

7/10/2024 - 25/10/2024

Due by the end of the lecture/tutorial on either Week 11, 12 or 13 (depends when the group's presentation is scheduled).

Learning outcomes
L01, L02, L03, L04, L05

Task description

A number of topics related to the course materials will be provided for an in-person group presentation. The presentations will be scheduled during lectures and tutorials of weeks 11 and 12 (with additional presentations in week 13 if needed). Each group is assigned a different topic. Students can choose which group to enrol in, subject to all students in the group belonging to the same tutorial group. Depending on the number of enrolled students, the duration of presentation and maximum group size will be announced. Group enrolment through Blackboard (UQ Learn) will be due at the end of Week 4 (Friday at 5pm). Students without a group would either receive a zero mark for this assessment or, with the approval of the course coordinator, deliver a virtual presentation on their own with a 20% discount on their "group" presentation mark. Students are encouraged to select their topics and enrol in the corresponding groups early, as topics and group slots are allocated on a first-come, first-served basis.  

This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI). Students are advised that the use of AI technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

Submission will involve delivering an in-person group presentation during the scheduled lecture or tutorial time.

Deferral or extension

You cannot defer or apply for an extension for this assessment.

Group presentations will occur in person during the scheduled lecture or tutorial times, and students will be expected to attend other presentations (and reflect on them in Assessment 3). As such, no extensions or late submissions will be possible.

Late submission

You will receive a mark of 0 if this assessment is submitted late.

Personal reflection on group presentations

Mode
Written
Category
Reflection
Weight
5%
Due date

29/10/2024 4:00 pm

Learning outcomes
L05

Task description

Students will write a short reflective piece on what they learned from their own and other group presentations.

This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI). Students are advised that the use of AI technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

The assignment must be submitted in a single PDF file through Blackboard.

Deferral or extension

You may be able to apply for an extension.

The maximum extension is 7 calendar days. This is required to ensure timely feedback to students.

Late submission

Late assignments will receive a penalty of 10% of the maximum mark per day.

Exam

Mode
Written
Category
Examination
Weight
50%
Due date

End of Semester Exam Period

2/11/2024 - 16/11/2024

Learning outcomes
L01, L02, L03, L04, L05

Task description

The final exam is designed to cover all learning objectives and to test both depth and breadth of students’ knowledge relevant to the course. The final examination will cover the course material for the whole semester (including lectures and tutorial exercises).

Exam details

Planning time 10 minutes
Duration 120 minutes
Calculator options

(In person) Casio FX82 series only or UQ approved and labelled calculator

Open/closed book Closed Book examination - no written materials permitted
Exam platform Paper based
Invigilation

Invigilated in person

Submission guidelines

Deferral or extension

You may be able to defer this exam.

Course grading

Full criteria for each grade is available in the Assessment Procedure.

Grade Cut off Percent Description
1 (Low Fail) 0% - 29%

Absence of evidence of achievement of course learning outcomes.

2 (Fail) 30% - 46%

Minimal evidence of achievement of course learning outcomes.

3 (Marginal Fail) 47% - 49%

Demonstrated evidence of developing achievement of course learning outcomes

4 (Pass) 50% - 64%

Demonstrated evidence of functional achievement of course learning outcomes.

5 (Credit) 65% - 74%

Demonstrated evidence of proficient achievement of course learning outcomes.

6 (Distinction) 75% - 84%

Demonstrated evidence of advanced achievement of course learning outcomes.

7 (High Distinction) 85% - 100%

Demonstrated evidence of exceptional achievement of course learning outcomes.

Additional course grading information

A student’s final overall end of semester percentage mark will be rounded to determine their final grade. For example, 64.5% rounds to 65%, while 64.4% rounds to 64%.

Supplementary assessment

Supplementary assessment is available for this course.

Additional assessment information

Plagiarism

The School of Economics is committed to reducing the incidence of plagiarism. Further information on plagiarism and how to avoid an allegation of plagiarism is available in this course profile under Policies & Guidelines. Please refer to the Academic Integrity Module (AIM). It is strongly recommended that you complete the AIM if you have not already done so.

Learning resources

You'll need the following resources to successfully complete the course. We've indicated below if you need a personal copy of the reading materials or your own item.

Library resources

Find the required and recommended resources for this course on the UQ Library website.

Learning activities

The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.

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Learning period Activity type Topic
Week 1

(22 Jul - 28 Jul)

Lecture

Week 1

Introduction and empirical methods in public economics

Learning outcomes: L01, L02, L03, L04, L05

Week 2

(29 Jul - 04 Aug)

Lecture

Week 2

Externalities

Learning outcomes: L01, L02, L05

Tutorial

Tutorial (covering Week 1 Lecture)

Week 3

(05 Aug - 11 Aug)

Lecture

Week 3

Public Goods and Education

Learning outcomes: L01, L02, L03, L04, L05

Tutorial

Tutorial (covering Week 2 Lecture)

Week 4

(12 Aug - 18 Aug)

Lecture

Week 4

Taxation, Lecture 1

Learning outcomes: L01, L02, L04, L05

Tutorial

Tutorial (covering Week 3 Lecture)

No student involvement (Breaks, information)

Wednesday - Royal Queensland Show public holiday

Students who would normally attend tutorial on this day are advised to attend on Tuesday, for this week only.

Week 5

(19 Aug - 25 Aug)

Lecture

Week 5

Taxation, Lecture 2

Learning outcomes: L01, L02, L04, L05

Tutorial

Tutorial (covering Week 4 Lecture)

Week 6

(26 Aug - 01 Sep)

Lecture

Week 6

Social insurance, Lecture 1

Learning outcomes: L01, L02, L03, L04, L05

Tutorial

Tutorial (covering Week 5 Lecture)

Week 7

(02 Sep - 08 Sep)

Lecture

Week 7

Social insurance, Lecture 2

Learning outcomes: L01, L02, L03, L04, L05

Tutorial

Tutorial (covering Week 6 Lecture)

Week 8

(09 Sep - 15 Sep)

Lecture

Week 8

Equity and redistribution

Learning outcomes: L01, L02, L04

Tutorial

Tutorial (covering Week 7 Lecture)

Week 9

(16 Sep - 22 Sep)

Lecture

Week 9

Labour market policy

Learning outcomes: L01, L02

Tutorial

Tutorial (covering Week 8 Lecture)

Mid Sem break

(23 Sep - 29 Sep)

No student involvement (Breaks, information)

Mid Sem break

No classes during the break

Week 10

(30 Sep - 06 Oct)

Lecture

Week 10

Political economy

Learning outcomes: L05

Tutorial

Tutorial (covering Week 9 Lecture)

Week 11

(07 Oct - 13 Oct)

Lecture

Week 11

Group presentations

Learning outcomes: L01, L02, L04

Tutorial

Tutorial

Group presentations

Week 12

(14 Oct - 20 Oct)

Lecture

Week 12

Group presentations

Learning outcomes: L01, L02, L04

Tutorial

Tutorial

Group presentations

Week 13

(21 Oct - 27 Oct)

Lecture

Week 13

Review Lecture

Learning outcomes: L01, L02, L03, L04, L05

Tutorial

Tutorial (review)

Policies and procedures

University policies and procedures apply to all aspects of student life. As a UQ student, you must comply with University-wide and program-specific requirements, including the:

Learn more about UQ policies on my.UQ and the Policy and Procedure Library.