EC426 and EC513 Public Economics 20067 http:darp'lse'ac'ukEC513'htm

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EC426 and EC513 Public Economics
2006/7http//darp.lse.ac.uk/EC513.htm
28 September 2006

• Introduction

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Overview

• Teaching for MSc and MRes Public Economics
• Organised in 3 modules
• Core Public Economics for Graduate Students
• Issues in Public Economics for Graduate Students
• Public Economics for PhD Students
• Exams
• MSc students examined on modules 1 and 2
• MRes students examined on 2 and 3
• hree-hour written examination in the Summer Term
• 2005, 2006 papers can be taken as a general guide
  
• MSc students also do an extended essay

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Module 1 Core Public Economics for Graduate
Students

• For MSc students only
• MRes students are assumed to be familiar with the
  material
• Covers the basic principles
• Introduces the themes in modules 2 and 3
• Teaching Arrangements
• 10 weekly two-hour lectures in MT given by Frank
  Cowell and Jonathan Leape.
• Lectures supplemented by one-hour classes

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Module 1 Components

• The Scope of Public Economics
• Welfare analysis of redistribution
• Equity, social welfare and taxation
• Policy design social insurance
• Optimal income taxation
• Optimal commodity taxation
• Taxation and individuals Work decisions
• Taxation and companies
• Behavioural public economics
• Providing public goods

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Module 2 Issues in Public Economics for Graduate
Students

• Common to both MSc and MRes students
• All of the items in module 2
• have a clear link with the broad themes in
  module 1
• Teaching Arrangements
• 10 weekly two-hour lectures in MT given by Frank
  Cowell and Jonathan Leape
• Lectures are supplemented by one-hour classes

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Module 2 Components

• Wealth taxation
• Taxation and long-run inequality
• Poverty, inequality and redistribution
• Tax reform
• Compliance problems
• Administration and corruption
• Fiscal governance
• International issues in taxation
• Regulation
• Environmental taxation

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Module 3 Public Economics for PhD Students

• Exclusive to MRes students.
• Builds on the structure of modules 1 and 2
• Designed to introduce PhD students to some
  principal themes emerging in current research
• Teaching
• Five two-hour lectures
• Frank Cowell and
• Erik Schokkaert (visiting from KU Leuven)
• Topics
• Theories of justice and fairness complaints
  and deprivation.
• Claims and liabilities approach to division
  problems.
• Social choice and responsibility
• Compensation and responsibility-sensitive
  egalitarianism.
• Developments in optimal income taxation