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860-0013-00L  Political Economics

SemesterSpring Semester 2016
LecturersJ.‑E. Sturm, S. Pichler
Periodicityyearly recurring course
Language of instructionEnglish
CommentPrerequisite: An introductory course in Economics is required to sign up for this course.



Catalogue data

AbstractThis course takes incentives of politicians into account to form a better understanding of the formation of policy and the role of different political institutions in shaping economic policy.
ObjectiveIn principles courses of economics, the functioning of markets and ways in which the government can shape and influence are discussed. The implicit assumption thereby is that the government will act in the interest of society at large. This course takes incentives of politicians into account to thereby form a better understanding of the formation of policy and the role of different political institutions in shaping economic policy. The course will consist of three blocks. In the first, the basic issues and the tools of modelling political equilibria will be discussed. These will subsequently be used to look into redistributive policies. The focus thereby is on how the interplay between democratic institutions and self-seeking individuals, lobby groups, and parties determines the degree of redistribution in a society. By taking also intertemporal issues into account, the third part allows us to analyse public debt levels, pensions, capital taxation and economic growth.
Prerequisites / NoticeAn introductory course in Economics is required to sign up for this course.

Performance assessment

Performance assessment information (valid until the course unit is held again)
Performance assessment as a semester course
ECTS credits3 credits
ExaminersJ.-E. Sturm, S. Pichler
Typegraded semester performance
Language of examinationEnglish
RepetitionRepetition only possible after re-enrolling for the course unit.
Admission requirementAn introductory course in Economics is required to sign up for this course.

Learning materials

No public learning materials available.
Only public learning materials are listed.

Courses

NumberTitleHoursLecturers
860-0013-00 VPolitical Economics2 hrs
Mon10-12LEE E 101 »
J.‑E. Sturm, S. Pichler

Groups

No information on groups available.

Restrictions

There are no additional restrictions for the registration.

Offered in

ProgrammeSectionType
Comparative and International Studies MasterElectivesWInformation
GESS Compulsory Elective CourseEconomicsWInformation
Science, Technology, and Policy MasterCore CoursesWInformation