Content of the Module
This graduate course brings together the latest research ideas and topics in public economics and political economy. The focus is primarily on theoretical work. The course consists of two parts. The first part covers topics in public economics such as the theory of public goods and the theory of optimal taxation. The second part addresses political economy issues such as political behavior (of voters, candidates, legislatures, interest groups, political parties, media) and political distortions (inefficient redistribution, career concerns, dynamic problems).
Competences
Students leave the course understanding how microeconomic theory is applied to critically evaluate interactions between economic and political agents. The course should prove useful for any student interested in analyzing policy issues. It will be particularly valuable background for those students intending to specialize in public economics, political economy and economic policy.
Examinations
Graded written exam (90 minutes).
- Lehrende:r: Dejan Dragutinovic
- Lehrende:r: Nima Jouchaghani
- Lehrende:r: Dominik Mark Maxara
- Lehrende:r: Galina Zudenkova
Goals and Contents
We discuss the role that political actors (voters, candidates, legislatures, interest groups, political parties, and media) play in policy determination. This topic is attracting increasing attention from economists. We will analyze the recent theoretical, empirical and experimental work on the topic.
Expected Competences acquired after completion of the module
Graduates will be able to formulate and defend their position and approach to problem solving; they will be able to exchange information, ideas, and solutions on the topic.
Requirements for the assignment of Credits and Grades
Students are responsible for one presentation. Students will also have to write a report (5-6 pages) evaluating the paper they have presented and suggesting extensions as well as further applications. Grades will be based on the seminar presentations and the report: Seminar presentation (50% of the grade) + report (50% of the grade).
- Lehrende:r: Dejan Dragutinovic
- Lehrende:r: Galina Zudenkova
Content of the Module
This course focuses on the government’s practices to raise revenue via taxation and deficit, and on the redistribution of those revenues. The course covers tax policy and inequality, with the special emphasis on current policy issues such as poverty, income tax reform, and budget deficits. The goal is to provide an understanding of the background of tax incidences, labor income taxes and transfers, and capital income taxation.
Competences
Students learn theoretical and empirical tools for analysing the questions related to income and capital taxation, and redistribution. Students acquire knowledge on various tax incidences, and effects of taxation and redistribution on economic outcomes and efficiency. The course should prove useful for any student interested in analysis of taxation and its implications for the economy.
Examinations
Written and graded exam covering the entire module (90 minutes).
- Lehrende:r: Dejan Dragutinovic
- Lehrende:r: Galina Zudenkova