| Learning Outcomes |
Competences |
- Students know economic theories related to inequality and poverty and are able to critically discuss them
- Students know the axioms underlying modern scientific research of inequality and poverty, various indicators to describe economic inequality, and understand the implications of inequality for societal well-being, growth, and policy-making.
- They are familiar with theoretical and empirical research to assess policy solutions addressing inequality
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| Skills |
Knowledge |
- Critically evaluate economic theories related to inequality and poverty.
- Assess the effectiveness of inequality-reducing and poverty-reducing policies such as taxation and social transfers.
- Identify trends in inequality and poverty and understand the underlying economic conditions.
- Formulate policy recommendations based on economic theory and empirical evidence.
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- Factual Knowledge: Key terms and measurements of inequality (e.g., Gini coefficient, Theil index, at risk of poverty and social exclusion, et cet.). Causal analysis for policy evaluation.
- Conceptual Knowledge: Theories of inequality, such as poverty lines, the Harris-Todaro Model or the Kuznets Curve
- Procedural Knowledge: Analyze data related to inequality or poverty
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| Study material |
Martin Ravallion, The Economics of Poverty, Oxford University Press, 2016
Additional literature:
Atkinson, A. B., Piketty, T., and Saez, E. (2011). Top incomes in the long run of history. Journal of Economic Literature, 49(1):3–71.
Card, D. (2009). Immigration and inequality. The American Economic Review, 99(2):1–21.
Cowell, Frank, 2011, Measuring inequality, Chapters 1-4, Oxford University Press.
Piketty, Thomas, 2000, “Theories of persistent inequality and intergenerational mobility", Chapter 8 of Handbook of Income Distribution, Vol 1, Elsevier.
Sen, Amartya, 2000, "Social justice and the distribution of income", Chapter 1 of Handbook of Income Distribution, Vol 1, Elsevier.
Topical scientific articles
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