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SMØ2020 Welfare Economics

Course Coordinator Harry Arne Solberg
Lecturer Harry Arne Solberg
Credits 7,5 ECTS credits - elective 3. year students
Semester Spring
Code SMØ2020

Objective

This course provides knowledge about the welfare economic consequences from economic activities, such the production and consumption of goods and services. It also deals with the interaction between the public- and private sector. It analyses the role of the public sector in a mixed economy, with special attention on the job of adjusting for market failures.

Tuition

Lectures.

Evaluation

Individual written exam of 4 hours.

Assisting material: Calculator and dictionary.

Contents

  • Welfare economic theory
  • Market failures
  • Cost - benefit analysis
  • The economics of the public sector
  • Environmental economics

Pensumlitteratur

  • Pindyck, Robert S. (2005). Microeconomics / Robert S. Pindyck, Daniel L. Rubinfeld. - 5th ed. - Upper Saddle River, N.J. : Prentice Hall.
  • Stiglitz, Joseph. (2000). Economics of the Public Sector. 3rd edition. W.W. Norton & company. New York
  • Articles
Utskrift
HiSTSør-Trøndelag University College * NO - 7004 Trondheim * Telephone: +47 73 55 90 00 * Fax: +47 73 55 90 51 * E-mail: postmottak@hist.no
HiST Sør-Trøndelag University College
NO - 7004 Trondheim		 Telephone: +47 73 55 90 00
Fax: +47 73 55 90 51		 E-mail: postmottak@hist.no