Universität Wien

040358 KU Principles of Public Utility Management (Theory) (MA) (2023W)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work
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).

Details

max. 50 participants
Language: German

Lecturers

Classes (iCal) - next class is marked with N

Tuesday 03.10. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 10.10. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 17.10. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 24.10. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 31.10. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 07.11. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 14.11. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 21.11. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 28.11. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 05.12. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 12.12. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 09.01. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 16.01. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 23.01. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 30.01. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock

Information

Aims, contents and method of the course

The aim is to provide students with a comprehensive basic understanding of public sector enterprises. In order to achieve this, participants will be made familiar with those specifics of public sector enterprises that are of particular importance for their management. Participants get to know concepts that enable them to analyse these enterprises and to understand better how they work.

First, students are introduced to the cost concepts which are central to the public sector (e.g., economies of scale, economies of scope, cost complementarities, subadditivity). Then, the notion of cross-subsidisation is considered. Among other things, concepts of cross-subsidisation based on cost accounting and co-operative game theory are presented. 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. As part of this topic, the types of tariffs relevant to public sector enterprises are presented and analysed, in particular Ramsey prices, two-part tariffs, block-rate tariffs, optional tariffs and peak-load tariffs.

The essential content is conveyed by the tutor. This does not take the form of a monologue, but rather a dialogue that includes questions, answers to questions, comments and contributions to the discussion from all participants.

Assessment and permitted materials

There will be a written mid-term exam on November 21st, 2023, and a written final exam on January 30th, 2024.

The usage of AI tools during the exams 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 attendance is not sufficient for passing. It is expected that students actively participate in the course in the form of asking questions, answering questions and making 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 grade results from the sum of the scores of the two exams. In order to successfully complete the course, it is not necessary to achieve 50 % or more than 50 % of the achievable scores in each of the two exams. However, it is required that the total number of scores achieved reaches at least the 50 % mark.

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Grading scale (based on the sum of the scores from both exams)

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)

Examination topics

Oral presentation and associated presentation slides

Reading list

Jörg Borrmann and Jörg Finsinger: "Markt und Regulierung", München: 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, Mass.: MIT Press, 1991.

Association in the course directory

Last modified: We 18.10.2023 17:47