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Introduction to public economics - At the end of the course students should be able to answer the following questions: Why do we need a public sector from an economic point of view? Which instruments does the state use for intervention in the private sector? How do public revenues (taxes) and public expenditures change the behavior in the private sector (savings, consumption structure, labour supply) ?

Welfare economics, public goods, externalities, political economy, income redistribution, tax incidence, taxation and efficiency, optimal taxation

Lecture and accompanying excercises in proseminars. In the lecture basic concepts are presented. In the proseminars this concepts are used to discuss and solve short case studies.

Written overall course exams

Rosen, H.S. und T. Gayer, Public Finance, 10th global ed., Maidenhead et al. 2014.

Admission requirements: positive completion of the mandatory courses "Introduction to Management"referred to in § 6 (1-1) and "Introduction to Economics" referred to in § 6 (1-2)