Economic Policy

Instructors  
Lecture Dr. Philipp Biermann
Tutorial Hok Nang Lo, M.Sc.
   Time  
 Room
 

Lecture

Single appointment

 Friday

 26.04.2024

 13-15

 13-15

 G22A-013

 G22A-128

 odd week

 

Tutorial  Friday  13-15   G22A-013  even week

 

All lecture notes and general information on the event are available here.

Content

Whenever markets fail to provide an efficient allocation or lead to an undesirable distribution of wealth and income, the question arises whether and to what extent the government should step in to correct the market results. This course first identifies the main causes for market failures and discusses possible policy measures to correct them. We cover the following topics: efficiency of competitive markets, market power, public goods and externalities, asymmetric information, tax incidence and the excess burden of taxation.

References

  • Stiglitz, J. E. (2000): Economics of the Public Sector. 3rd edition, Norton: New York.
  • Further literature will be announced during the semester.

Last Modification: 25.03.2024 - Contact Person: