Reserved for participants of the ANZSOG Executive Master of Public Administration (EMPA) program.
This topic seeks to provide a public manager's guide to key economic principles and their application to public sector activities.
Participants will develop an understanding of the merits and limitations of economics in the collective domain and the ability to use positive (objective) and normative (subjective) models to guide and inform efficient and effective government decision-making.
The topic has an applied focus using examples from the Australian and New Zealand economies, through opportunities for considering other nations are incorporated in the subject, as are state and regional perspectives. Applied policy problems may be presented as far as time permits, from a wide range of areas such as defence, health, wage-fixing, law and order, education and business cycle, tariffs, arts, environment, immigration, natural resource projects and infrastructure provision.
This topic aims to provide a public manager's guide to key economic principles and their application to public sector activities. The subject will enable participants to understand: