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BX3024 - Economics of Social Policy
Credit points: |
3 |
Year: |
2021 |
Student Contribution Band: |
Band
4 |
Administered by: |
College of Business, Law & Governance |
Available to all JCU students although it is assumed that those who choose to enrol
have a sound understanding of intermediate economic principles.
This subject explores the economics behind social policy, which governments use to
raise social and economic welfare. The subject starts exploring economic concepts
of measuring (changes in) social welfare. Subsequently, the subject discusses the
costs (in terms of taxation) and the gains (in terms of expenditure programs) of social
policy, applied to some key areas of social policy including the labour market, education
and (public) health care. Understanding the economic rationale behind social policy
allows students to better anticipate government decision making regarding social policy,
which is an essential skill to any student who is or intends to be involved in social
policy development or in employment affected by social policy.
Learning Outcomes
- interpret theoretical models, concepts and the behaviour of economic agents relevant
to social and economic welfare;
- use theoretical models and concepts regarding the behaviour of economic agents to
appraise the costs and benefits of social policy;
- evaluate, applying concepts discussed in this subject, the possible impact of a chosen
policy change on affected economic agents and on social and economic welfare.
Subject Assessment
- Written > Test/Quiz 1 - (35%) - Individual
- Written > Case study analysis - (35%) - Individual
- Oral > Interview - (30%) - Group.
Prerequisites: |
BU1003 BU1903 OR EC1005 OR EC1001 |
Inadmissible Subject Combinations:
|
EC2003 EC3415 EC5207 |
Availabilities
|
Trimester 2,
External
|
Census Date 24-Jun-2021 |
Coord/Lect: |
Dr Diane Jarvis. |
Workload expectations: |
The student workload for this
3
credit point subject is approximately
130 hours.
- 0 hours
- assessment and self-directed study
|
Method of Delivery: |
WWW - LearnJCU |
|
|
Note:
Minor variations might occur due to the continuous Subject quality improvement process,
and in case
of minor variation(s) in assessment details, the Subject Outline represents the latest
official information.