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The Economics of Taxation (ECON30016)

Undergraduate level 3Points: 12.5Not available in 2019

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Year of offerNot available in 2019
Subject levelUndergraduate Level 3
Subject codeECON30016
FeesSubject EFTSL, Level, Discipline & Census Date

Topics include review of the economic framework for analysing decision making; background to the Australian and other relevant taxation systems; issues and controversies in relation to the tax system and taxpayer decisions; objectives of tax collectors and taxpayers; why taxes exist; options and issues concerning tax bases: income, company profits, expenditures, wealth; the economic impact of taxes on work effort, prices, consumption and saving, investment and financial decisions, corporate investment and corporate financing, welfare, the international location of profits, tax avoidance and evasion; economic analysis of taxpayer decisions concerning legal entities, filing procedures, objections and reviews, negotiation strategies; and policy decisions concerning the tax mix, rate structures and administrative options, legal processes.

Intended learning outcomes

  • Explain and evaluate the selection and effects of taxation systems
  • Identify and classify patterns in taxation systems
  • Apply economic theory to relevant social questions
  • Apply and develop existing economic theories
  • Evaluate alternative taxation reform proposals

Generic skills

  • High level of development: written communication; problem solving; application of theory to practice; interpretation and analysis; critical thinking; receptiveness to alternative ideas.

  • Moderate level of development: collaborative learning; team work; statistical reasoning; evaluation of data and other information; accessing data and other information from a range of sources.

  • Some level of development: oral communication; synthesis of data and other information; use of computer software.

Eligibility and requirements


The following:

Code Name Teaching period Credit Points
ECON20002 Intermediate Microeconomics
Summer Term
Semester 1



Non-allowed subjects

Students may not obtain credit for both

Code Name Teaching period Credit Points
ECON30016 The Economics of Taxation 12.5
and 316-305 Public Finance (1998 Handbook).

Recommended background knowledge

Please refer to Prerequisites and Corequisites.

Core participation requirements

The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.

Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home



  • A 2-hour end-of-semester examination (60%)
  • Assignments totalling not more than 2000 words (20%)
  • Case studies (20%)
  • To pass this subject students must pass the end of semester examination.

Dates & times

Not available in 2019

Time commitment details

170 Hours

Further information

  • Texts

    Prescribed texts

    You will be advised of prescribed texts by your lecturer.

  • Subject notes

    Students may not obtain credit for both 316-329 The Economics of Taxation and 316-305 Public Finance (1998 Handbook).

  • Breadth options
  • Available through the Community Access Program

    About the Community Access Program (CAP)

    This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.

    Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.

  • Available to Study Abroad and/or Study Exchange Students

    This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.

Last updated: 18 July 2019