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(MA) Advanced Public Sector Economics I: Public Policy in Open Economies (The New Systems Competition)

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Information

  Instructor
Time 
Place
(C.-Zeiß-Str. 3)
Additional Information
Lecture
Prof. Dr. Silke
Übelmesser
Mo, 8.30-10.00
Thu, 10.15-11.45
(every second week)
SR 223
SR 222




Tutorial
Severin Weingarten
Thu, 10.15-11.45
(every second week)
SR 222

Please note that the tutorial for Chapter 6 will take place in the week of February 3 (Monday or Thursday during normal class hours).

We will provide you with more information soon.

Add. Group
Meeting
Severin Weingarten
t. b. a. 
t. b. a. 
 

For a detailed schedule, see here (to follow).

Exam

There will be a 60-minute written exam on March 7, 2014, 10.15 am, at the HS 3. (Past exams can you find >here<)


Content 

While the old systems competition took place with closed borders, globalization has brought about a new type of systems competition that is driven by the mobility of factors of production. The course examines how this new systems competition could lead to the erosion of the European welfare state, induce a race to the bottom in the sense that capital will not even pay for the infrastructure it uses and erode national regulatory systems, among other topics. In general, the new systems competition will suffer from the same type of market failure which induced the respective government activity in the first place.

Structure

1.
Introduction: Competition among States
2.
Taxes and Public Infrastructure Goods
3.
The Erosion of the Welfare State
5.
Ecological Competition
6.
The Competition of Product Standards
7.
Limited Liability, Risk Taking and the Competition of Bank Regulators
8.
The Competition of Competition Rules 

(Numbering of chapters according to book chapters)

Literature

  • Further references will be announced in class.


Level 

  • Master
           
Compulsory within the study programmes of Economics (M.Sc., M.Ec.) in the subject majors "Public Sector Economics" and "World Economy";

Elective within the study programms of Business Administration (M.Sc.), Business and Economic Education (M.Sc.)
  • Diploma

Language

  • This course is held in English.


Downloads 

Slides:

Chapter 1

Chapter 2

Chapter 3

Chapter 5

Chapter 6 (updated: 25.11.2013)

Chapter 7 [for more information about the master-seminar click >here<]

Chapter 8

Tutorial:

Please refer to our math primer if you want to freshen up your math skills. We will go through it in the first and second session of the tutorial.

Downloads related to the tutorial are provided at http://sweingarten.de/sysc.