Course Description
This course aims to introduce to students the political, social and economic considerations on the making of economic policies and planning. It delivers to students the analytical skills necessary in making policy suggestions to deal with the contemporary economic issues in Macao and the nearby regions.
In this course, topics such as the general principles of public policies, economic rationales for the state, market failure, the distributional and other goals of economic policies, fiscal and monetary policies and external shocks and domestic policy responses will be covered.
Intended Learning Outcomes
CILO-1: By the end of the course, students could be able to apply economic tools and concepts to address public policy issues such as competition, public and merit goods, environmental protection and taxation. They could be able to provide original analyses of current or historical events, to evaluate the existing problems and propose alternative public policy choices and long term planning.