040347 KU Principles of Public Utility Management (Applications) (MA) (2022W)
Continuous assessment of course work
Labels
ON-SITE
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).
- Registration is open from Mo 12.09.2022 09:00 to Fr 23.09.2022 12:00
- Registration is open from We 28.09.2022 09:00 to Th 29.09.2022 12:00
- Deregistration possible until Fr 14.10.2022 23:59
Details
max. 50 participants
Language: German
Lecturers
Classes (iCal) - next class is marked with N
This is an on-site course. In case of deteriorating conditions concerning the pandemic switching to a digital format might become necessary.
- Thursday 06.10. 13:15 - 14:45 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
- Thursday 13.10. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
- Thursday 20.10. 13:15 - 14:45 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
- Thursday 27.10. 13:15 - 14:45 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
- Thursday 03.11. 13:15 - 14:45 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
- Thursday 10.11. 13:15 - 14:45 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
- Thursday 17.11. 13:15 - 14:45 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
- Thursday 24.11. 13:15 - 14:45 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
- Thursday 01.12. 13:15 - 14:45 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
- Thursday 15.12. 13:15 - 14:45 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
- Thursday 12.01. 13:15 - 14:45 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
- Thursday 19.01. 13:15 - 14:45 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
- Thursday 26.01. 13:15 - 14:45 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
Information
Aims, contents and method of the course
In this course, students learn how to apply the basic concepts needed to understand public sector enterprises. This will enable them to analyse these enterprises and understand better how they work.At the beginning of the course, the central cost concepts relevant to public sector enterprises (e.g., economies of scale, economies of scope, cost complementarities, subadditivity) are practically applied. Subsequently, the topic of cross-subsidisation is dealt with. In doing so, concepts of cross-subsidisation based on cost accounting and co-operative game theory are used. It will also be discussed under which conditions the different approaches can be used in a meaningful way. Finally, the pricing policy of public sector enterprises is dealt with in a practical way. In the context of this topic, different forms of tariffs relevant to these companies are used, in particular Ramsey prices, two-part tariffs, block-rate tariffs, optional tariffs and peak-load tariffs.Students are assigned exercises, the solution of which they present in the following course sessions. These presentations are accompanied by queries, remarks, comments and contributions to the discussion from all other participants, including the tutor.
Assessment and permitted materials
Participants are assigned exercises, the solutions of which they determine on their own with the help of literature. They present the solutions in class. These presentations will be assessed. In addition, there is a written final exam on January 26th, 2023. Its content is based on the previously solved exercises.
Minimum requirements and assessment criteria
Permanent attendance is a necessary condition for passing, although a single or double excused absence is possible. However, permanent attendance is not sufficient for passing. It is expected that students actively participate in the course in the form of questions, answers to questions and comments. Constant attendance and active participation are not part of the graduation key, but they are a necessary condition for successfully completing the course.The solution to the exercises and their presentation on the one hand and the written final test on the other hand are weighted equally in the assessment. The grade results from the sum of the scores of the two achievements. In order to successfully complete the course, it is not necessary to achieve 50 % or more than 50 % of the achievable points in each of the two parts. However, it is required that the total number of points achieved reachest at least the 50 % mark.==========Grading scale (based on the sum of the scores of both achievements)Less than 50 % of the achievable scores: "5" (fail)
50 % or more than 50 % and less than 62.5 % of the achievable scores: "4" (sufficient)
62.5% or more than 62.5% and less than 75 % of the achievable scores: "3" (satisfactory)
75 % or more than 75 % and less than 87.5 % of the achievable scores: "2" (good)
87.5 % or more than 87.5 % of the achievable scores: "1" (very good)
50 % or more than 50 % and less than 62.5 % of the achievable scores: "4" (sufficient)
62.5% or more than 62.5% and less than 75 % of the achievable scores: "3" (satisfactory)
75 % or more than 75 % and less than 87.5 % of the achievable scores: "2" (good)
87.5 % or more than 87.5 % of the achievable scores: "1" (very good)
Examination topics
All exercises together with the literature on which they are based, i.e. parts from "Markt und Regulierung" and "Optimal Regulation" (see below)
Reading list
Jörg Borrmann and Jörg Finsinger: "Markt und Regulierung", München, Vahlen, 1999.Christopher Decker: "Modern Economic Regulation: An Introduction to Theory and Practice", Cambridge, UK, Cambridge University Press, 2014.Kenneth E. Train: "Optimal Regulation", Cambridge, MA, MIT Press, 1991.
Association in the course directory
Last modified: We 21.09.2022 14:26