Universität Wien

040004 KU Welfare Policies (MA) (2024S)

8.00 ECTS (4.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work
Moodle

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 50 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Tuesday 05.03. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 07.03. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 14.03. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 19.03. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 21.03. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 09.04. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 11.04. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 16.04. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 18.04. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 23.04. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 25.04. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 30.04. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 02.05. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 07.05. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 14.05. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 16.05. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 21.05. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 23.05. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 28.05. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 04.06. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 06.06. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 11.06. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 13.06. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 18.06. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 20.06. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 25.06. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 27.06. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 09.07. 10:00 - 11:30 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock

Information

Aims, contents and method of the course

Aims: Welfare economics proposes methods of providing a social ranking of different ways of allocating resources based on explicitly stated value judgements. The present course covers topics in welfare economic theory and the applied tool kit used to make and evaluate public policy. The aim of the course is therefore twofold. On the one hand, we want to understand the basic challenges associated with moving beyond the Pareto criterion and reconciling individual and collective interests. We look at the common theoretical framework that allows us to understand how different ethical premises (like utilitarianism, or Rawlsian max-min principle) solve this conflict. On the other hand, we want to review some of the practical tools that have been used to guide policy decisions based on welfare aspects.

Contents: Social choice and Arrow's impossibility theorem; measurability and comparability justifications for a Rawlsian, utilitarian or flexible social welfare function; strategyproofness and the Gibbard-Satterthwaite theorem; basic controversies in applied welfare economics (Marshall, Kaldor, Hicks, Scitovsky, Samuelson); equity, fairness, and envy; welfare measurement (consumers' and producers' surplus, Hicks' compensation and equivalent variations, willingness to pay, aggregation, cost-benefit analysis).

Assessment and permitted materials

The final grade will be based on attendance and active class participation (10%), regular exercises, group discussions and short essays (40%), and a final exam (50%).

Minimum requirements and assessment criteria

For a minimum passing grade, students must satisfactorily complete all three assessment aspects (active participation, assignments, and final exam) and attain at least 50% of total points.

Examination topics

All contents and material presented in class and made available in the course platform.

Reading list

Association in the course directory

Last modified: We 31.07.2024 11:25