Econ2103 Questions

Australian School of Business School of Economics

ECON 2103 BUSINESS AND GOVERNMENT SEMESTER 2, 2013

LECTURE SCHEDULE (WEEKS 1-6)

AND TUTORIAL PROGRAM (WEEKS 2-7)

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Lecture Schedule

Lectures start in Week 1and finish in Week 12. Location: Monday 5 – 7pm CLB5 The lecturer for Weeks 1 – 6 is:

Trevor Stegman. ASB462 Ph: 9385 3371. T.Stegman@unsw.edu.au

Week Week 1 29 July LECTURE SCHEDULE Topic The Roles of Government in a Market Economy: Introduction. Review of Competitive Market Model Simple Models of Tax Incidence, Subsidies and Price Controls Reading

Topic Notes 1: “Revision of the Competitive Market Model.” (FJB Ch 7) Topic Notes 2: “Applications of the Competitive Market Model.” Productivity Commission “Trade Agreements” & “Industry Assistance” Website (FJB Ch 7) Topic Notes 3: “Imperfectly Competitive Market Models” “Role of ACCC” Website OECD “NCSOs and Liberalisation” PP131-3 Website (FJB Ch 10) Topic Notes 4 : “Transaction Costs, Risk and Uncertainty” PC Report “Health Insurance” Ch2 Website (FJB Ch14 esp Pp390-94) Topic Notes 5: “Externalities and Public Goods” (FJB Ch 12,13) “A Guide to the Economics of Greenhouse Gas Emissions Policies” Ecodate Vol 21 No 4 2007. Revised 2010 Website.

Week 2 5 Aug

Week 3 12 August

Competition Policy and the Regulation of Monopoly

Week 4 19 August

Information Asymmetries and Market failure

Week 5 26 August Week 6 2 September

Externalities and Public Goods Greenhouse Gases Emissions Policies

The readings, or a link to the readings, will be placed on the course website. The references in brackets refers to the appropriate chapters of the ECON1101 text: Frank, Jennings, and Bernanke, Principles of Microeconomics, (2nd ed) McGraw Hill 2009 (FJB). Students may find these references useful for revision of basic theory.

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Tutorial Program

Tutorials follow the lectures by one week. The purpose of the tutorial is to reinforce and clarify the concepts covered in the lectures, and to...