The course is at an advanced level. It is located in the major subject "Advanced Topics in Economics" (Master Economics)
Methods: Lecture using specific texts, exercises
Criteria for evaluation: Final exam, Second chance
Study material: various specific texts, prepared by the lecturer in the course
Language: English
Samuelson condition for a Pareto-efficient allocation
Lindahl equilibrium
Model of private provision: Nash equilibrium
Preference-revealing mechanism (Clark-Groves) for an indivisible collective good
External effects
Some microeconomic background
Theory of optimal taxation(Ramsey model, Mirrlees model)
Taxation and savings
Pensions
Public debt
Objectives: Students know some important theoretical models in the field of Public Economics and are able to assess their relevance.
Subject: Collective goods: Samuelson condition, Lindahl equilibrium, private contributions, Clark-Groves-mechanism, Theory of external effects, Optimal taxation: Ramsey- and Mirrlees model, social security and public debt: model of overlapping generations.
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Johannes Kepler University Linz
Altenberger Straße 69
4040 Linz, Austria
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