Australian Economic Institutions

University of Queensland

Course Description

  • Course Name

    Australian Economic Institutions

  • Host University

    University of Queensland

  • Location

    Brisbane, Australia

  • Area of Study

    Economics, International Economics, Pacific Studies, Urban Studies and Planning

  • Language Level

    Taught In English

  • Prerequisites

    This course requires additional faculty approval for entry.

  • Course Level Recommendations


    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Host University Units

  • Recommended U.S. Semester Credits
  • Recommended U.S. Quarter Units
  • Overview

    Course Description
    Contemporary Australian economy & economic institutions & their evolution in the recent past.
    Learning Objectives
    After successfully completing this course you should be able to:
    1. Explain the meaning of the term 'economic institutions'.
    2. Discuss economic institutions in terms of the concept of 'economic power'.
    3. Understand the role of the Commonwealth Constitution in shaping and directing the Australian economy.
    4. Explain how government policies are the principal form in which economic power may be exercised.
    5. Explain in general terms how economic institutions may influence economic activity.
    6. Describe and analyse the economic institutions that have evolved in Australia in respect of the aspects of the economy and economic activity examined, including: federalism; the labour market; industry assistance; the financial sector; competition policy; telecommunications; retirement income policy; the taxation system; and the environment.
    7. Recognise and evaluate the way in which values determine the choice of economic institutions.
    8. Prepare written briefing papers to describe and explain the institutional underpinnings of selected areas of economic activity.
    9. Write short notes to describe and explain the institutional underpinnings of selected areas of economic activity.
    10. Respond to questions about and discuss the institutional underpinnings of economic activity in Australia.
    Class Contact
    2 Lecture hours, 1 Tutorial hour
    Assessment Summary
    Tutorial Notes: 10%
    Briefing Paper 1: 10%
    In Calss Quiz: 20%
    Briefing Paper 2: 10%
    Final Exam: 50%

Course Disclaimer

Courses and course hours of instruction are subject to change.

Eligibility for courses may be subject to a placement exam and/or pre-requisites.

Some courses may require additional fees.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.