AIP780 - The Politics of Australia's Economy

Year:

2023 unit information

Enrolment modes: Trimester 2: Cloud (online)
Credit point(s): 1
EFTSL value: 0.125
Cohort rule:

Nil

Prerequisite:

Nil

Corequisite:

Nil

Incompatible with:

Nil

Study commitment

Students will on average spend 150-hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - cloud (online)

Online independent and collaborative learning activities equivalent to 1 x 1-hour per week

Content

Managing the economy is one of the core roles of government. But the relationship between the government and the economy is dynamic and contested: how does a government decide what it should spend money on, for whose benefit and with what other priorities or agendas in mind? This unit seeks to address these questions by examining Australia’s wealth – where it began, how it grew, how it is maintained, and how governments plan for the future. To what extent should governments intervene in the future of Australia’s economy, or is this a matter best left to ‘the market’ to decide? It examines the different levers governments can use to influence the economy, and the impact of this intervention. By all measures, Australia is a wealthy country, but not all citizens have equal access to that wealth, so this unit also examines how inequality is produced and perpetuated, the impact of inequality, and what can be done about it. Case studies include gendered and generational inequality, and the social and political impact of the housing market. The unit closes with an examination of the presumption of endless economic growth in times of global uncertainty and climate change.

Unit Fee Information

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