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Course module: 30L106-B-6
30L106-B-6
Microeconomics 2: Welfare Economics
Course info
Course module30L106-B-6
Credits (ECTS)6
CategoryBA (Bachelor)
Course typeCourse
Language of instructionEnglish
Offered byTilburg University; Tilburg School of Economics and Management; TiSEM: Economics; Economics;
Is part of
B Economics and Business Economics
B Economics
Lecturer(s)
Lecturer
M.A. Boomsma
Other course modules lecturer
Lecturer
dr. E. Cettolin
Other course modules lecturer
Lecturer
R.L. Rozendaal
Other course modules lecturer
Lecturer
Y. Yang
Other course modules lecturer
Academic year2020
Starting block
SM 2
Course mode
Full-time
Remarks-
Registration openfrom 19/01/2021 up to and including 20/08/2021
Aims

Central issue in this course is why the government should have a role in the economy - and how different policy instruments affect social welfare.

Specifics

Grading: Your grade is determined by the two written exams and your participation grade. You should score at least a 5.5 on the written exams to be able to pass the course. The participation grade is based on: (a) your performance in a debate on a topical policy issue, (b) an essay based on this debate, (c) quality of reasoning in writing skills essay on a topic related to this course; (d) weekly quizzes; (e) presence at in-class experiment and at debates; (f) your active participation in the tutorials.

 

Please note, that this course is only open to students of the Economics program and cannot be used as an elective for other programs.

Required Prerequisites

microeconomics 1
Content

In microeconomics 1, you learned how markets work. Now, in microeconomics 2, you learn why markets sometimes fail, and what to do in that case. In particular, we discuss what the government can do about it, and why the government will also likely to fail in some situations. We discuss five rationales for government intervention: (1) externalities; (2) public goods (and public interest goods); (3) paternalistic motives; (4) market structuring and market regulation, and (5) redistribution. We provide you with the tools to assess alternative policies that are aimed at correcting inefficient and unfair market outcomes. To closely connect the course to issues in the real world, we frequently use examples and case studies.

Type of instructions

Lectures and tutorials

Type of exams

Mid-term exam, Final exam. Weekly quizzes. Weekly exercises. In-class experiment. Debates. Essay based on debate. Active participation in tutorials.

Compulsory Reading
  1. Joseph E. Stiglitz, Jay K. Rosengard, Economics of the public sector (4th ed., international student edition), W.W. Norton, 2015, ISBN 9780393925227.

Recommended Reading
  1. To be announced.
Course available for exchange students
Conditions of admission apply
Contact person
dr. B.A. Vollaard
Timetable information
Microeconomics 2: Welfare Economics
Written test opportunities
DescriptionTestBlockOpportunityDate
Schriftelijk / WrittenEXAM_01SM 2102-06-2021
Schriftelijk / WrittenEXAM_01SM 2201-07-2021
Written test opportunities (HIST)
DescriptionTestBlockOpportunityDate
Midterm / MidtermMIDTERM_01SM 2101-04-2021
Required materials
-
Recommended materials
-
Tests
Written

Final grade

Midterm

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Kies de Nederlandse taal