Students will learn more about important theoretical base models in the public sector economics and will be in a position to critically assess significance and impact.
Subject
Collective goods: Samuelson condition, Lindahl equilibrium, private contributions, Clark-Groves mechanism; Theory of externalities, optimal taxation: Ramsey and Mirrlees model; Pension and public debt: Model of overlapping generations
Criteria for evaluation
Active class participation, final examination, re-sit exam (if necessary).
Methods
Lecture based on course reader, exercises
Language
German
Study material
Assorted academic texts (made available to students by the course instructor)
