New Institutional Economics of the Public Sector (ILV)


Course lecturer:

 Rahel Schomaker

Specialization AreaPublic Management
Course numberB4.06363.53.150
Course codeNInstÖk
Semester of degree program Semester 5
Mode of delivery Presencecourse
ECTS credits2,0
Language of instruction German

The aim of the course is to enable students to understand, discuss and evaluate real economic developments in the field of public finance with the aid of the instrument of New Institutional Economics.

Fundamentals of Economics I - Microeconomics
Fundamentals of Economics II - Macroeconomics
Introduction to Public Finance

Current and/or long-term events and issues in the field of public finance will be presented, discussed and analyzed in relation to new institutional economics. Particular emphasis will be placed on the
principal-agent problem, transaction cost theory, poperty rights theory
as well as public choice models. Focus will not be placed solely on understanding the concrete issues analyzed, but providing students with the tools and methods with which the illustration, discussion and assessment of financial policy phenomena is possible.

Literature is provided by the lecturer.

Seminar, lecture, group work;

Presentation 50%
Writen exam 50%