SubjectsSubjects(version: 896)
Course, academic year 2021/2022
  
Economics of Market Failures and Public Policy - AP501016
Title: Economics of Market Failures and Public Policy
Guaranteed by: Department of Economics and Management (837)
Actual: from 2021
Semester: both
Points: 0
E-Credits: 0
Examination process:
Hours per week, examination: 3/0 other [hours/week]
Capacity: winter:unlimited / unknown (unknown)
summer:unknown / unknown (unknown)
Min. number of students: unlimited
Language: English
Teaching methods: full-time
Level:  
For type: doctoral
Note: course is intended for doctoral students only
can be fulfilled in the future
you can enroll for the course in winter and in summer semester
Guarantor: Šumpíková Markéta doc. Ing. Ph.D.
Interchangeability : D101001
Annotation -
Last update: Šumpíková Markéta doc. Ing. Ph.D. (06.12.2020)
The course is focused on the analysis of impacts of positive and negative externalities, public goods and information failures on output and prices. In addition to this, it examines how public policy measures influence the decision-making of households and firms.
Literature -
Last update: Šumpíková Markéta doc. Ing. Ph.D. (06.12.2020)

Varian, H. R. (1992) Microeconomic Analysis, Third Edition. W.W. Norton & Company. ISBN 978-0-393-95735-8

Salanie, B. (2000) Microeconomics of Market Failures. MIT Press. ISBN 978-0-262-19443-3

Scientific papers related especially to the empirics of the issues discussed in the course.

Syllabus -
Last update: Šumpíková Markéta doc. Ing. Ph.D. (06.12.2020)

1) Review of decision-making of households and firms I

2) Review of decision-making of households and firms II

3) Externalities

4) Externalities: empirics

5) Public goods and public choice

6) Public goods and public choice: empirics

7) Asymmetric information

8) Asymmetric information: empirics

9) Moral hazard

10) Moral hazard: empirics

11) Impacts of transfers and taxes on decision-making on households and firms

12) Impacts of transfers and taxes on decision-making on households and firms: empirics

13) Impacts of structural policy

14) Impacts of structural policy: empirics

Course completion requirements -
Last update: Šumpíková Markéta doc. Ing. Ph.D. (06.12.2020)

The course is concluded by a scientific discussion about a presented paper that is related to one or more topics of the course and at the same time to the doctoral dissertation.

 
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