In the Public Policy track in Economics you learn how to apply the latest economic theory and research methods to help governments intervene in the economy. This track is 1 of 6 tracks you can opt for in our Master's in Economics.
The world’s economic system has been volatile in recent years. From the challenge of the financial crisis to income inequality, the pressures of immigration, changing technologies and geographic shifts in production, to name a few. Governments are struggling with the impact these developments have on their economy.
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Apart from the 3 general courses of the full programme, you will follow 3 track-specific courses.
In this course you will discuss topics related to public decision-making processes and policies with a focus on inequality and redistribution.
How do individual preferences translate into collective decisions? Also you will investigate redistributive policies, with a central role for the trade-off between efficiency and equality.
Throughout the course you will discuss the latest scientific results and current debates on hot topics such as a universal basic income.
This course introduces you to contemporary methods of policy evaluation. You will study their applications related to topics such as education, health, nutrition, crime, microfinance, gender and labour issues. You will read and prepare papers in order to explain important aspects of these papers during the weekly meetings.
In this course you will deep-dive in the monopoly and oligopoly. How may a monopolist price discriminate and deter entry by competitors? Concerning oligopolies you will cover different types of rivalry, product differentiation, collusion, mergers, vertical relations and platform competition. And: how do firms respond to boundedly rational consumers?
In the 4th block of your Master's, you will be able to specialise in either fiscal policy and human development, or the more market regulation-oriented competition policy and natural resource economics.
Get introduced to theory and empirics of fiscal policy and public finance. You will look at these subjects both from a short-run perspective (the business cycle) and the long-run perspective (sustainability and the intergenerational dimension).
You will learn how to apply different fiscal policy models and how to estimate policies. Topics you will cover:
Competition policy is at the centre stage of day-to-day economic life. Consideration for the likely warnings of competition authorities are therefore an important concern in business strategies. Why and to what extent does society need rules restricting the behaviour of firms in markets? And how do these rules affect our economies?
Not all policy interventions have been successful. Some have even failed. How does economic theory provide governments information for intervention? How can a policy adviser identify which policies actually work? Learn about current debates and formulate your own position.
Examples of current newspaper headlines and contemporary issues that could be discussed in your classroom.
Graduates of the Master's programme in Economics/Public Policy track have excellent job prospects for positions as researchers and experts at:
|Credits||60 ECTS, 12 months|
|Language of instruction||English|