[ 971ECOTWECK17 ] KS Welfare Economics

(*) Unfortunately this information is not available in english.
Workload Education level Study areas Responsible person Hours per week Coordinating university
4 ECTS M1 - Master's programme 1. year Economics Johann Brunner 2 hpw Johannes Kepler University Linz
Detailed information
Original study plan Master's programme Economics 2017W
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
Further information none
Corresponding lecture (*)2VWTTOSK: KS Welfare Economics (4 ECTS)
Earlier variants They also cover the requirements of the curriculum (from - to)
2VWTTOSK: KS Welfare Economics (2001W-2017S)
On-site course
Maximum number of participants 200
Assignment procedure Assignment according to priority