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It's mostly about incentive and assymetric information, not about wages and "efficient allocation of resources". In a world where effort cannot be measured, additional monetary incentives are added to ensure that input effort is maximised.

original degree: B economics / B law @ UWS (3rd year, just about to finish economics degree). transfer: grad law @ Usyd grad law @ UNSW grad law @ UTS UAI: 94.25 GPA: 5.95 WAM: 79.5 I got this semester to push my GPA above 6.0 need 1 HD + 3 Ds. Rang up all the universities...

original degree: B economics / B law @ UWS (3rd year, just about to finish economics degree). transfer: grad law @ Usyd grad law @ UNSW grad law @ UTS UAI: 94.25 GPA: 5.95 WAM: 79.5 I got this semester to push my GPA above 6.0 need 1 HD + 3 Ds. Rang up all the universities...

Yea that sucks :( we have to wait another few years IF someone decides to continue his work.

C'town

What eco awards >??:mad1:

Transferring from Eco/Law to Grad Law/JD @ UTS once I am finish my economics component of my double degree. I haven't finished it yet :P I am in the process of finishing my LLB.

Yea, I am finishing my Economics component of by Law/Economics degree this yeah, I rang up UTS's law school, they said I should be eligable to apply. One of the pro's they said was that its less competitive in gaining a position than normal law because its post grad. Hmm... I wonder how much...

Hey peoples, I've researched some transfer options and have come to this new Juris Docter course offered by UTS to replace its master of law & legal practice, I've been assured by their law school that it's almost the same as the normal LLB degree, as well as having legal prac training. So other...

http://www.smh.com.au/news/national/student-group-spent-500000-without-documents-audit-finds/2007/08/13/1186857428943.html :O

Historically, many that has worked for the ACCC has also worked for the private sector and the very firms it aims to regulate, what happened before 1993 (off the top of my head) was that ACCC was heavily influenced and directed by ex-private sector CEOs, so basically it was working for the...

When you're doing this, you must keep in mind and distinguish between a REDISTRUTION of benefits v ACTUAL gain. Most reforms are plagued by the thoery of second best, that in absence of perfect competition, deregulation and microeconomic reform would lead to uneven balances within the markets...

Not really, what I am saying is the basic services that is provided by the government to ensure individuals are provided with the circumstances to which they are best able to maximise their utility in their lives, health services, education, roads etc.... The neo-classical theory of the...

ASIC genearlly deals with the provision of information and compliance with the financial system. APRA help ensures banks do don't anything rash. ACCC deals with general goods markets, most of its powers are listed under the trade practices act, also check out the national competition policy, oh...

Not entirely, redistribution of income and government spending/taxation maybe exceptions, there's also the case of promoting merit and discouraging demerit goods. Macroeconomic - policies which affects the economy as a while, indiscriminate. Microeconomic - policies which affects specific...

200054 Applied Econometrics 88 HIGH DISTINCTION Well done! 200058 Industry Economics and Policy 86 HIGH DISTINCTION Well done! 200063 Public Finance 86 HIGH DISTINCTION Well done! 200064 History of Economic Thought 84 DISTINCTION

And they are out.

http://www.apple.com/trailers/fox/hitman/trailera/ He should look meaner imo :O.

Cadetships are conducted during the summer break, it goes on about 4-8 weeks. Internships sometimes makes you delay a semester, or perhaps a whole year, I heard the pay is pretty decent as well. I think its worth holding up your degree for a year or a semester to get some hands-on work. From...

I think everybody should of be thinking about these things during your last years at uni, not after graduation. A lot of the people I know, including some from these forums, has applied and got accepted into cadetships and internships during their final years at uni. For everyone reading this...