Universität Wien FIND

040244 UK Intermediate Public Economics (MA) (2021S)

Track in Policy Evaluation

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Prüfungsimmanente Lehrveranstaltung


Hinweis: Ihr Anmeldezeitpunkt innerhalb der Frist hat keine Auswirkungen auf die Platzvergabe (kein "first come, first served").


max. 50 Teilnehmer*innen
Sprache: Englisch


Termine (iCal) - nächster Termin ist mit N markiert

Digital, until Easter at least.

Donnerstag 04.03. 16:45 - 18:15 Digital
Donnerstag 11.03. 16:45 - 18:15 Digital
Donnerstag 18.03. 16:45 - 18:15 Digital
Donnerstag 25.03. 16:45 - 18:15 Digital
Donnerstag 15.04. 16:45 - 18:15 Digital
Donnerstag 22.04. 16:45 - 18:15 Digital
Donnerstag 29.04. 16:45 - 18:15 Digital
Donnerstag 06.05. 16:45 - 18:15 Digital
Donnerstag 20.05. 16:45 - 18:15 Digital
Donnerstag 27.05. 16:45 - 18:15 Digital
Donnerstag 10.06. 16:45 - 18:15 Digital
Donnerstag 17.06. 16:45 - 18:15 Digital
Donnerstag 24.06. 16:45 - 18:15 Digital


Ziele, Inhalte und Methode der Lehrveranstaltung


A minimal amount of familiarity with game theory and mathematical optimization will be expected. The necessary game theoretical background can be met by studying Gibbons, "A Primer in Game Theory", Chapter 1, Sections 1.1 and 1.2. Weeks 1 and 2 of the Coursera lecture from the University of British Columbia (Jackson et al, "Game Theory") are a great alternative. Students who studied microeconomics at an advanced undergraduate level (esp. consumer and producer theory) should have the necessary optimization background. Else, they may find it in Jehle and Reny, "Advanced Microeconomic Theory", appendix A1, sections A1.1, A1.2, and A1.4, as well as appendix A2, sections A2.1, A2.2, and A2.3.

Course Outline:

Economists rarely come to an agreement when discussing the optimal size or duties of the public sector. In this class and its advanced sequel we will see how one may use the standard microeconomics toolbox (game theory, consumption and production theory, equilibrium theory) to formalize important arguments for and against the expansion of the public sector.

Following usual approaches, we will keep the analysis of government activities and that of government finances separate. Only the former will be analyzed in this course. Students will discuss the desirability of government intervention on different normative grounds: efficiency, justice, and paternalism.

Art der Leistungskontrolle und erlaubte Hilfsmittel

The assessment will be based on two extended homeworks (20pts each) and a final exam (60pts).

Mindestanforderungen und Beurteilungsmaßstab

The grading will then be as follows:

85-104 points, 1
70-85 points, 2
60-70 points , 3
50-60 points, 4
less than 50 points, 5.

A positive evaluation requires students to achieve a pass grade (4) and to actively attend the seminar. Two unauthorized absences will be excused.


Normative Theories of the State: Justifying State Intervention

Part I - Efficiency
Part II - Justice
Part III - Paternalism


Main texts:
“Intermediate Public Economics,” 2nd Ed., Jean Hindricks and Gareth D. Myles, The MIT Press.
(Covers most topics, in a different order, at a less advanced level.)

Further readings will be made available on MOODLE in due time. All assigned readings will be in English.

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Do 20.05.2021 13:27