Public economics is about the government and the economic effects of its public policies. The course will offer some insights into what public economics says and what it can do including the most recent developments in behavioural public policy to deal with individual mistakes and the data revolution to track the impact of public policy. On the policy oriented side the course will discuss the pension crisis (using the professor’s experience in the pension reform commission) and the unequal opportunity in education (based on the PISA tests).
This course is essentially an evaluation of the role of the public sector in a market economy. The course will use the most recent economic analysis to (re)consider the efficiency and distributive effects of public intervention in the economy. The optimal design of public intervention with special attention to implementation and politics.
For more information, consult the ECTS card.