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You are here: Home Teaching Previous Semesters Winter Term 2014/15 Economic Policy & Public Choice
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Economic Policy & Public Choice

Lecture with Tutorial in WS 2014/2015

Prof. Dr. Bernhard Neumärker
 

Albert-Ludwigs-Universität Freiburg
Department for Economic Policy and Constitutional Economic Theory

 

Schedule

Lecture: Prof. Dr. Bernhard Neumärker

Time: Wed, 10-12h
Room: HS 2121, KG II
Start: 2. Semester week

Tutorial: Matthew Bonick

Time: Tues, 12-14h
Room: HS 3118 KG III
Start: 3. Semester week

Supplementary Tutorials: Mihaela Pavlova

General 1: Wed, 8-10h, KG I, room 1019
General 2: Fri, 10-12h, Alte Uni - HS 1 
NBS: Tues, 8-10h, Breisacher Tor, room 201
Start: 4. Semester week
 

Target Group and Language

  • This course is designated for first-year students of the M.Sc. Economics program (economics and politics), the M.Sc. VWL program, the M.Sc. BWL program and Diplom-Students (Hauptstudium). Exchange students are equally welcome to participate.
  • If students of other faculties (e.g. political science) wish to participate, they should contact the tutor by email before the third week of the semester.
  • Recommended prerequisites: Good knowledge of microeconomics.
  • This module is entirely taught in English.

 

Credits: 6 ECTS

  • M.Sc. Economics: First-year course for profile "Economics and Politics".
  • M.Sc. VWL (PO2014): "Wirtschaftspolitik" and "Constitutional Economics and Competition Policy".
  • M.Sc. VWL (PO2011): "Wirtschaftspolitik (Ordnungspolitik)".
  • Diplom VWL: "Wirtschaftspolitik (Ordnungspolitik)" and "Ordnungs- und Wettbewerbspolitik".

 

Downloads & Content

  • Outlines and slides will be provided at this website.
  • Literature will be provided on ILIAS.
  • The passwords will be provided in the first sessions of the lecture and tutorial.

 


Lecture:

Tutorial:

 

Sub-Tutorial:

 

 

 Outline:

  1. Introduction
  2. Economic problems of economic policy
    1. Economic man and collective action
    2. Allocation and exchange
    3. Distribution and conflict
    4. Liberty and welfare
    5. Implementation and reform
    6. Stability and sustainability
  3. The public choice of economic policy
    1. Rational and behavioral public choice
    2. Positive and normative public choice
  4. Institutions and hierarchies of public choice
    1. Authoritarian policy formation
      1.1 Leviathan governments
      1.2 Autocratic regimes
    2. Democratic organization and voting rules
      2.1 Rational voting and basic voting systems
      2.2 Direct and representative democracy
      2.3 Legislature and Bureaucracy
      2.4 Interest groups, rent-seeking and lobbying
    3. Spatial hierarchy
      3.1 Federalism
      3.2 Supranational policy choice
  5. Liberal concepts of economic policy formation
    1. Ordoliberal design
    2. Liberal paternalism
    3. Constitutional political economy
  6. Application to special policy issues
    1. Redistribution in democracy
    2. Organizing the just welfare state
    3. Market regulation and privatization
    4. Constitutional budget constraints and their effects on economic policy


Readings:

Introductory Textbooks:
  • Hillman, A.L.: Public Finance and Public Policy, 2nd Ed., Cambridge 2009.
  • Mueller, D.C.: Public Choice III, Cambridge 2003.
 
Additional readings will be announced in the lecture and tutorial.

 

 

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