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Full Description
This book illustrates essential microeconomic concepts and theories through the examination of related policy formulation in Australia since the 1980s. It provides a fresh approach to the subject of microeconomics from the perspective of both market and government failures.
By looking at how Australia has transformed over the course of time, the book traces and tracks these changes and relates them to the broader microeconomic reforms. It also looks at the structure of Australian economic public policy formulation and process. The book uses standard microeconomic techniques to analyse the impact of these Australian policies and examines the role of government in the implementation of these policies, making it a very useful teaching vehicle for learning about microeconomics and microeconomic policies.
Contents
PART I: THEMES AND METHODS 1. Introduction 2. The public policy process in Australia 3. Economic policy and efficiency PART II: ECONOMIC POLICY 4. Industry policy 5. Agricultural policy 6. Government support for research and development 7. Trade Practices 8. The National Competition Policy 9. Government business enterprises and privatisation 10. Energy policy 11. Utility regulation in Australia 12. Infrastructure 13. Labour markets 14. Training and education markets PART III: SOCIAL POLICIES, ENVIRONMENT AND TAXATION 15. Social policy and the welfare state in Australia 16. Healthcare 17. Revenue raising. tax policy 18. Environmental Policy PART IV: CONCLUSION 19. Conclusion
