Social Science or Applied Studies (Business and Administrative Studies). ECON 380 can be used to fulfill the Applied Studies (Business and Administrative Studies) area of study by credential students only.
This course discusses the basic economics tools required to evaluate government policies for expenditures on health care, public pensions, Employment Insurance, education, and social welfare programs. The course has been divided into two parts. The first part (units 1–3; lessons 1–8) addresses the common causes of market failure as well as the ways in which government can intervene to correct such failures. Emphasis is placed on the theory of public choice, cost-benefit analysis, externalities, and income distribution. The second part of the course (units 4–5; lessons 9–13) addresses how the tools discussed in the first part can be applied to evaluate social insurance and social welfare policies.
Outline
Unit 1: The Meaning of Public Finance
Unit 2: Market Failure and Income Redistribution Implications of Public Policy
Unit 3: Political Economy
Unit 4: Social Insurance Program Expenditures (Health Care, Employment Insurance, and Public Pensions)
Unit 5: Social Welfare and Education Programs
Evaluation
Your final grade in ECON 380 will be based on three quizzes, two written assignments, an essay assignment with online discussion activities, and the Final Examination. To receive credit for this course, you must achieve an overall course grade of 50 percent. In addition, you must achieve a grade of at least a D (50 percent) on the Final Examination.
Completing the quizzes, assignments, and online discussion is not required in order to pass the course. However, these activities have been designed to help you prepare for the examination. Students who choose not to complete the assignments often experience difficulties with the examination. Keep in mind that if you fail to participate in the online discussion or submit an assignment or quiz before your contract date, you will receive a grade of nil for that activity.
The following table summarizes the weight that will be applied to each assessment activity in determining your final grade.
Activity
Weight
Quiz 1
5%
Quiz 2
5%
Quiz 3
5%
Assignment 1
10%
Assignment 2
10%
Assignment 3 Online Discussion
10%
Final Exam
55%
Total
100%
The final examination for this course must be requested in advance and written under the supervision of an AU-approved exam invigilator. Invigilators include either ProctorU or an approved in-person invigilation centre that can accommodate online exams. Students are responsible for payment of any invigilation fees. Information on exam request deadlines, invigilators, and other exam-related questions, can be found at the Exams and grades section of the Calendar.
To learn more about assignments and examinations, please refer to Athabasca University’s online Calendar.
Materials
Rosen, H. S., Wen, J-F., & Snoddon, T. (2016). Public finance in Canada (5th ed.). McGraw-Hill Ryerson. ISBN: 9781259030772 (eText)
All other learning resources will be available online.
Challenge for credit
Overview
The challenge for credit process allows you to demonstrate that you have acquired a command of the general subject matter, knowledge, intellectual and/or other skills that would normally be found in a university-level course.
Full information about challenge for credit can be found in the Undergraduate Calendar.
Evaluation
To receive credit for the ECON 380 challenge registration, you must achieve a grade of at least D (50 percent) on the examination.
Athabasca University reserves the right to amend course outlines occasionally and without notice. Courses offered by other delivery methods may vary from their individualized study counterparts.