363-1008-00L  Public Economics

SemesterSpring Semester 2023
LecturersM. Köthenbürger, T. Giommoni
Periodicityyearly recurring course
Language of instructionEnglish



Courses

NumberTitleHoursLecturers
363-1008-00 VPublic Economics2 hrs
Thu10:15-12:00LFW C 5 »
M. Köthenbürger, T. Giommoni

Catalogue data

AbstractPublic Economics analyses the role of the government in the economy. In this course we will discuss justifications for and the design of public policy as well as its consequences on market outcomes. Issues related to public goods, taxation, in particular the effects of tax policy on labor supply, entrepreneurship and innovation will be emphasized.
ObjectiveThe primary goal of the course is to familiarize students with the central concepts and principles of public economics. The course aims at providing a good understanding of theoretical work and how it may be applied to actual policy problems. Students will get a good overview of recent key contributions in the field and how these relate to empirical observations.
ContentOverview: The course Public Economics analyses the role of the government in the economy. In most developed countries, government activity is significant and ranges from public service provision, redistribution of incomes, regulation and taxation. In many cases, public expenditures are 30-40 percent of GDP. In the course, we will discuss justifications for and the design of public policy as well as its consequences on market outcomes. We will repeatedly use real-world policy examples to allow students to apply their knowledge and to realize how effectively the knowledge can be used to understand and design public policy making.

Organization: The course consists of four big building blocks, “externalities”, “taxation”, “political economy”, and “social security”. For each of the building blocks we will provide slides. There will be three problem sets and a written exam at the end of the course. Problem sets will not be graded. Credit points are given for passed exams only.

Performance assessment

Performance assessment information (valid until the course unit is held again)
Performance assessment as a semester course
ECTS credits3 credits
ExaminersM. Köthenbürger, T. Giommoni
Typesession examination
Language of examinationEnglish
RepetitionThe performance assessment is offered every session. Repetition possible without re-enrolling for the course unit.
Mode of examinationwritten 90 minutes
Written aidskeine.
This information can be updated until the beginning of the semester; information on the examination timetable is binding.

Learning materials

No public learning materials available.
Only public learning materials are listed.

Groups

No information on groups available.

Restrictions

There are no additional restrictions for the registration.

Offered in

ProgrammeSectionType
Chemistry MasterEconomics and Technology ManagementWInformation
Chemical and Bioengineering MasterEconomics and Technology ManagementWInformation
Management, Technology and Economics MasterEconomic DynamicsWInformation