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Public Finance, Group C

Course code
ECON305
Course type
BSc Course
Weekly Hours
2,0
ECTS
3,0
Term
HS 2022
Language
Englisch
Lecturers
Prof. Dr. Christian Hagist
Please note that exchange students obtain a higher number of credits in the BSc-program at WHU than listed here. For further information please contact directly the International Relations Office.
Public economics looks at the role of the government in a market economy through the lens of normative and positive analysis. We will use microeconomic tools to establish wether goverment actions are efficient from an economic point of view. Therefore, this course covers theory and evidence on government tax and expenditure policies.We willstudy next to others the following topics: The theory of public and merit goods (e.g. defense or education); Political economy (voting and the strategic behaviour of politicians); Welfare policyespecially social insurance programs like public pension; and an introduction into the theory of optimal taxation.
Date Time
Thursday, 01.09.2022 11:30 - 15:15
Thursday, 08.09.2022 11:30 - 15:15
Tuesday, 13.09.2022 15:30 - 18:45
Tuesday, 20.09.2022 11:30 - 15:15
Tuesday, 27.09.2022 11:30 - 15:15
Wednesday, 05.10.2022 11:30 - 15:15
Imagine you are an executive assistant to the CEO of a major company. One day, your boss walks into your office and asks for your help on a speech concerning the social safety net and its future challenges. Or in your future career as a CEO you are member on the US president’s council concerning the impact of climate change (“Make breathing great again”). As a business leader, how should you approach such tasks?

Public Economics can provide you the tools to analyze governments' interventions in markets and assess them, even given your own normative value set. The course will not only help you with a business career but hopefully makes you a better informed citizen.

To be announced in the syllabus!
Lecturing, classroom discussions and experiments/simulations
Exam
Microeconomics
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