ECM3810 Public sector economics
Faculty of Business and Economics
ECM3810 Public sector economics is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2021 in Semester 2 at Malaysia. It needs ECB2731, ECS2731, ECW2731, ECC2000 or ECF2731.
- Credit points
- 6
- Offered in 2021
- Semester 2
- Malaysia
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2021 handbook entry. See the 2022 entry.
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Requisites
Before ECM3810
After ECM3810
No unit lists ECM3810 as a prerequisite in the 2021 handbook.
Overview
The unit explains how the Malaysian government operates in comparison with governments in other developed and developing countries. Main topics are: (a) welfare economics (mixed economies and the extent to which they can be met by private markets; role of government in redistributing income; various modes of privatisation, public-private sector partnerships; role and performance of state-owned enterprises); (b) government budget expenditure (welfare economics, provision of public goods and externalities, emphasising environmental issues, income distribution, social insurance and cost-benefit analysis); (c) taxation (emphasis on constructing a theoretical framework for considering tax policy; how taxes should be levied to enhance economic efficiency and promote a fair distribution of income).
Offerings in 2021
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Malaysia | On campus |
Assessment
- Within semester assessment50%
- ExaminationThreshold hurdle50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
apply the theory and issues related to welfare economics
- 2
analyse the rationale for government intervention in the economy and of the extent of that intervention
- 3
draw connections among different policy issues in the area of public expenditure and taxation from the perspectives of both public finance and public choice
- 4
evaluate a framework for taxation which enhances economic efficiency and promotes a fairer distribution of income
- 5
critically appraise the usefulness and limitations of economic analysis in the public finance area.
Workload and teaching
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
Where it fits
ECM3810 is part of 2 areas of study in the 2021 handbook.
Contacts
- Chief Examiners
- Dr Pauline Khoo Poh Ching
Common questions
What are the prerequisites for ECM3810?
You need ECB2731, ECS2731, ECW2731, ECC2000 or ECF2731 before you enrol.
When is ECM3810 offered?
In 2021, ECM3810 runs in Semester 2 at Malaysia.
How much work is ECM3810?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECM3810 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.
Which majors and minors include ECM3810?
ECM3810 is part of Applied economics.