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| Semester | fall semester 2021 |
| Course frequency | Every fall sem. |
| Lecturers |
Beat Hintermann (b.hintermann@unibas.ch)
Alois Stutzer (alois.stutzer@unibas.ch, Assessor) |
| Content | This introductory course provides the fundamentals for other core and field courses in the Master of Economics and Public Policy. It sets the stage for students to understand the role of public policy in a market economy. The course includes and combines elements from normative public economics and the institutional approach to political economy. The questions discussed include: When and how should and do governments intervene, and how can we test whether an intervention was successful using empirical evidence? How can we prevent that a market failure is replaced by a government failure, and vice versa? What institutions can help us reach an outcome that is both efficient and socially acceptable? What is the role of, and the need for, redistribution? The course provides a theoretical foundation for the economics of public policy and discusses applications from different fields. It is taught by Profs. Hintermann and Stutzer and also includes guest lectures from other faculty members and practitioners. |
| Learning objectives | Students become acquainted with thinking about public policy from an economics point of view. They become familiar with different theoretical frameworks to define and shape public involvement in a market economy and, more generally, in society. They understand the concepts of market and government failures and the type interventions that can eliminate them. They learn why public programs need to be evaluated regularly, what principles should guide empirical work and how the results can be interpreted. |
| Bibliography | The reading list will be provided in the course. |
| Admission requirements | This course is open for students of the consecutive "Master of Science in Business and Economics". |
| Course application | Registration: Please enrol in MOnA. EUCOR-Students and students of other Swiss Universities have to enrol at the students administration office (studseksupport1@unibas.ch) within the official enrolment period. Enrolment = Registration for the exam! |
| Language of instruction | English |
| Use of digital media | No specific media used |
| Interval | Weekday | Time | Room |
|---|---|---|---|
| wöchentlich | Thursday | 14.15-16.00 | Wirtschaftswissenschaftliche Fakultät, Seminarraum S15 HG.31 |
| Comments | The course is planned as an in-class course, if necessary it will be offered in hybrid form, i.e. with a simultaneous livestream or as an online presence course. |
| Modules |
Module: Core Courses in Public Policy (Master's Studies: Economics and Public Policy) Specialization Module: Markets and Public Policy (Master's Studies: Business and Economics (Start of studies before 01.08.2021)) Vertiefungsmodul Global Europe: Staatlichkeit, Entwicklung und Globalisierung (Master's Studies: European Global Studies) |
| Assessment format | main lecture exam |
| Assessment details | The performance evaluation will be based on a written exam. written exam: 09.12.21; 14:15-15:45. WWZ S15: A-Z. In case COVID-19 protective measures prevent examination on site, the faculty reserves the right to conduct the examination electronically during the same time slot. You can still withdraw from the examination by submitting a completed, signed form to our office from 19.10.21 until 29.10.21 / 12:00 o’clock. Please send your form by mail to belegungstorno-wwz@unibas.ch. You will find the examination withdrawal form on the Homepage of the Student Dean’s Office. Prior to 18.10.21, please only use MONA for withdrawing. repeat examination: 31.1.22. 14:15-15:45. WWZ S15: A-Z. |
| Assessment registration/deregistration | Reg.: course registration, dereg: cancel course registration |
| Repeat examination | one repetition, best attempt counts |
| Scale | 1-6 0,1 |
| Repeated registration | one repetition |
| Responsible faculty | Faculty of Business and Economics , studiendekanat-wwz@unibas.ch |
| Offered by | Faculty of Business and Economics |