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Economic Issues
'Economics is not the only "major" that provides a base for a successful career in business, but I haven't seen a better one. The concepts and ideas you learn in economics – such as opportunity costs, fiscal policy, utility, demand and supply – have a working "lifetime" application.'
Bob Edgar
Senior Managing Director ANZ
The study of Economics offers an insight into a broad range of issues in Australia and around the world, including:
- A contest with the taxman – the impact of tax rates on tax evasion and wastefully invested resources
- The cost of toilet paper in Zimbabwe
- Managing Eden: using incentive theory for wildlife protection
- Foreign aid: what good is it?
- Micro-credit, fertility decision and women’s empowerment in Bangladesh
- Regulating a fishery when prices are uncertain
- Resource abundance, poverty and development
- Are we really making best use of our water?
- Environmentalism, democracy, and pollution control
- Creating markets for greenhouse gas emissions
- What drives productivity growth in Australia?
- Can we explain the cycles in our economy and in the world?
- Will the China boom continue? What does it mean for Australia?
- How can we reduce the number of people living in poverty around the world?
- How can we make our welfare system more effective?
- Our population is ageing – what challenges will that create?
- How should responsibilities be divided between state and federal governments?
