Inhalt

[ 2VWTTOSK ] KS Welfare economics

Versionsauswahl
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Workload Education level Study areas Responsible person Hours per week Coordinating university
4 ECTS D - Diploma programme Economics Johann Brunner 2 hpw Johannes Kepler University Linz
Detailed information
Original study plan Diploma programme (*)Wirtschaftswissenschaften 2009W
Objectives The course focuses on conditions for Pareto efficiency of general equilibrium in a static and a dynamic model in the economy, and the presence of uncertainty (contingent goods). Students will understand the concept of social welfare functions in the sense of Samuelson / Bergson and the foundations of social choice theory, and students will be able to use the methods for measuring welfare effects due to price changes.
Subject Pareto efficiency, first main theorem of Welfare Economics, extensions and criticism, social welfare functions, social choice theory, Hicksian measures of welfare changes.
Criteria for evaluation Active class participation, final examination, re-sit examination (if necessary)
Methods Lecture based on a prepared reader, course exercises
Language English
Study material Course reader
Changing subject? No
On-site course
Maximum number of participants 200
Assignment procedure Assignment according to priority