Economic Policy

Course Materials

All lecture notes and general information on the event are available here.

Content

This course identifies the main causes for market failures and discusses possible policy measures to correct them. We cover the following topics: efficiency of competitive markets, market power, public goods and externalities, asymmetric information, tax incidence and the excess burden of taxation.

References

• Stiglitz, J. E. (2000): Economics of the Public Sector. 3rd edition, Norton: New York.
• Further literature will be announced during the semester.