404022 PS Economics and the Public Sector
winter semester 2021/2022 | Last update: 24.08.2021 | Place course on memo listThe course provides an introduction to Public Economics.Upon completion of the course, the students will be able to answer the following questions: When should the government intervene in the economy? Which instruments does the government use for intervention? How does government intervention affect the decisions of market participants and market outcomes?
Reasons for government intervention: market failure; Reasons for government intervention: redistribution; Government intervention: taxation
Lecture and accompanying tutorial sessions (proseminars). The lecture presents fundamental concepts of Public Economics which, in the proseminars, are applied to specific analytical problems and discussion questions.
Short tests, midterm exam. In the PS, attendance is mandatory.
Date and time for the midterm exam: Thursday, November 25, 2021, 6:00pm
Gruber, Jonathan, Public Finance and Public Policy, 6th ed., New York: Worth Publishers, Macmillan Learning, 2019.
Admission requirements: positive completion of the mandatory courses "Introduction to Management"referred to in § 5 (1-1) and "Introduction to Economics" referred to in § 5 (1-2)
It is advantageous to have completed the module “Theory of Economic Decisions: Decisions and Strategies”.
The course takes place online only on the dates listed below. Please check the OLAT page of the course for the most recent information on the course organization.
- SDG 1 - No poverty: End poverty in all its forms everywhere.
- SDG 4 - Quality education: Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.
- SDG 10 - Reducing inequalities: Reduce income inequality within and among countries.
- SDG 13 - Climate action: Take urgent action to combat climate change and its impacts by regulating emissions and promoting developments in renewable energy.