Skip to main content

Unit information: Public Economics in 2021/22

Unit name Public Economics
Unit code EFIM30034
Credit points 20
Level of study H/6
Teaching block(s) Teaching Block 2 (weeks 13 - 24)
Unit director Dr. Pawel Doligalski
Open unit status Not open
Pre-requisites

EFIM20033 Intermediate Microeconomics AND
EFIM20034 Intermediate Macroeconomics AND
EFIM20011 Econometrics 1
OR
EFIM20038 Microeconomic Analysis AND
EFIM20037 Macroeconomic Analysis AND
EFIM20010 Applied Quantitative Research Methods

Co-requisites

None

School/department School of Economics
Faculty Faculty of Social Sciences and Law

Description

This unit focuses on government intervention in the economy. We will discuss reasons for intervention, available instruments and optimal policies. The core of the unit is theoretical, but for many of the problems (especially those related to taxation and redistribution) students will be provided with a data driven perspective as well.

Topics covered:

  • Government intervention due to market failures: externalities; asymmetric information; public goods
  • Taxation and redistribution: taxation of commodities; taxation of labor and capital income; unemployment insurance

Intended learning outcomes

Students will be able:

  • To use economic theory to understand the reasons for government intervention;
  • To synthesise economic theory and empirical information to derive the optimal government policy;
  • To evaluate government policies currently in place.

Teaching details

Teaching will be delivered through a combination of synchronous and asynchronous sessions such as online teaching for large and small group, face-to-face small group classes (where possible) and interactive learning activities

Assessment Details

Coursework (essay, 1000 words) (40%) (Assesses all learning outcomes)

Exam (2 hours) (60%) (Assesses all learning outcomes)

Resources

If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.

If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. EFIM30034).

Feedback