040347 KU Principles of Public Utility Management (Applications) (MA) (2023W)
Continuous assessment of course work
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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 11.09.2023 09:00 to Fr 22.09.2023 12:00
- Registration is open from Tu 26.09.2023 09:00 to We 27.09.2023 12:00
- Deregistration possible until Fr 20.10.2023 23:59
Details
max. 50 participants
Language: German
Lecturers
Classes (iCal) - next class is marked with N
Thursday
05.10.
13:15 - 14:45
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
12.10.
13:15 - 14:45
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
19.10.
13:15 - 14:45
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
09.11.
13:15 - 14:45
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
16.11.
13:15 - 14:45
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
23.11.
13:15 - 14:45
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
30.11.
13:15 - 14:45
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
07.12.
13:15 - 14:45
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
14.12.
13:15 - 14:45
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
11.01.
13:15 - 14:45
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
18.01.
13:15 - 14:45
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
25.01.
13:15 - 14:45
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
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 27th, 2024. Its content is based on the previously solved exercises.In order to find the solutions of the assigned exercises for the presentations in class, the usage of AI tools is allowed. During the final exam the usage of AI tools is not allowed.
Minimum requirements and assessment criteria
Permanent attendance is a necessary condition for passing. A single or double excused absence is, however, possible. Please note that permanent attendance is not sufficient for passing. It is expected that students actively participate in the course in the form of questions to be asked, answers to questions to be given and comments to be made. 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 reaches 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
The solutions to 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", Munich, Vahlen, 1999.Christopher Decker: "Modern Economic Regulation: An Introduction to Theory and Practice", 2nd ed., Cambridge, UK, Cambridge University Press, 2023.Kenneth E. Train: "Optimal Regulation", Cambridge, MA, MIT Press, 1991.
Association in the course directory
Last modified: We 18.10.2023 17:47