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Public Economics: Complexity and the Practice of Public Finance
Cursusdoel
- Apply theories to predict outcomes as they analyze state actions, and vice versa
- To design and present a solution to some wicked problem from a public finance perspective
- Group Research paper(40%) – learning goal 2
- Participation (10%) – learning goals 1 and 2
- Second Individual Test (25%) – learning goal 1
Vakinhoudelijk
This course is situated in the context of democratic countries that rely mostly on free markets. It deals with practical or real life aspects of public economics in confrontation with (micro- and macro-) economic theory. Over time, economic theories and models have become more specific and rigorous whereas social, political and economic reality has become more multifaceted. The passing of time brings complexity to the world, both for the private market and that of the public sector. Part of this growing real-life complexity is due to the more ambitious role that governments tried to play since the last century, while part is due to choices made by governments themselves. Complexity has increased opportunities for abuses, for rent seeking, and for mistakes in policies. This complex reality with its ‘wicked problems’ makes it much more difficult for governments to (a) allocate resources, (b) redistribute income, (c) protect some incomes, and influencing, in various ways, the level of production, employment, prices, and economic activity appropriately to the economic theoretical standards. The goal of this course is to engage in this complexity issue from the perspective of public economics, and from there to design a public finance solution to some wicked problem.
The first weekly meeting seeks to explain general ideas and give theoretical background. In the second meeting, students participate actively as they apply theory in assignments, discussions, experiments, and papers. In the pre-final week of the semester, student-teams submit a research paper.
Werkvormen
Toetsing
Participation
Verplicht | Weging 10% | ECTS 0,75
Second Individual Test
Verplicht | Weging 25% | ECTS 1,88
Group Research paper
Verplicht | Weging 40% | ECTS 3
*midterm FEEDBACK*
Niet verplicht
First individual test
Verplicht | Weging 25% | ECTS 1,88
Ingangseisen en voorkennis
Ingangseisen
Er moet voldaan zijn aan minimaal één van de cursussen:
- [UCSSCECO21] Macroeconomics
- [UCSSCECO22] Microeconomics, behavioral economics and game theory
- [UCSSCECO24] International Economics
En er moet voldaan zijn aan minimaal één van de cursussen:
- [UCACCMET22] Applied Multivariate Statistics
- [UCACCMET23] Applied Multivariate Statistics
- [UCACCSTA21] Biostatistics
Voorkennis
Er is geen informatie over benodigde voorkennis bekend.
Voertalen
- Engels
Competenties
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Internationale en interculturele oriëntatie
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Interdisciplinariteit
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Kritisch lezen
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Luisteren
-
Onderzoeksvaardigheden
-
Presenteren
-
Samenwerken
Cursusmomenten
Gerelateerde studies
Tentamens
Er is geen tentamenrooster beschikbaar voor deze cursus
Verplicht materiaal
Materiaal | Omschrijving |
---|---|
BOEK | The Economics of Government: Complexity and the Practice of Public Finance, Tanzi, V., Oxford University Press, 2020 Online ISBN: 9780191898563 Print ISBN: 9780198866428 E-book, to be accessed via UU-Library: https://doi.org/10.1093/oso/9780198866428.001.0001 |
Aanbevolen materiaal
Er is geen informatie over de aanbevolen literatuur bekend
Coördinator
drs. E.M. van Sas | E.M.vanSas@uu.nl |
Docenten
drs. E.M. van Sas | E.M.vanSas@uu.nl |
Inschrijving
Naar OSIRIS-inschrijvingen
Permanente link naar de cursuspagina
Laat in de Cursus-Catalogus zien