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FOUNDATIONS OF POLICY MAKING

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Foundations of Policy-Making

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Academic year 2016/2017

Course ID
ECO0416
Teacher
Prof. Enrico Colombatto (Titolare del corso)
Year
2° anno
Teaching period
Primo semestre
Type
Caratterizzante
Credits/Recognition
9
Course disciplinary sector (SSD)
SECS-P/02 - politica economica
Delivery
Tradizionale
Language
Inglese
Attendance
Facoltativa
Type of examination
Scritto
Prerequisites
Padronanza della microeconomia, della macroeconomia e della storia del pensiero economico.
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Sommario del corso

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Course objectives

The course aims at developing the methodological tools required to analyze policy-making, with particular emphasis on selected interdisciplinary features. Each section of the course, therefore, will explore the nature, legitimacy and outcomes of government intervention, as well as the peculiarities of the policy tools applied most frequently. 

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Results of learning outcomes

Si richiede che gli studenti assimilino le nozioni apprese durante il corso.

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Course delivery

Lezioni frontali tradizionali

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Learning assessment methods

L'esame è esclusivamente scritto (domande aperte).

Nel corso degli appelli della sessione invernale (dicembre 2015/febbraio 2016) gli studenti hanno la possibilità di sostenere l'esame sul programma effettivamente svolto in aula. 

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Support activities

Nessuna

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Program

1. Introduction to policy-making
2. The foundations of government intervention
3. Competition, regulation, rent-seeking
4. Externalities, public goods, government failures
5. The economics of transaction costs and the Law & Economics
approach
6. Topics in the economics of growth and development

Suggested readings and bibliography

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All the references mentioned below are "required readings" 

Main reference:

E. Colombatto, Markets, Morals and Policy-Making, London and New York: Routledge, 2011 (hardback), 2013 (paperback).

 

Further references

A. Alchian, “Uncertainty, Evolution and Economic Theory”, Journal of Political Economy, 3 June 1950, pp. 211-221.

A. Sen, The Idea of Justice, London: Penguin Books 2010 [Introduction (an approach to justice) and Chapter 2 (Rawls and beyond)].

Huemer, Michael, The Problem of Political Authority, Palgrave Macmillan, 2013 [chapters 2 (pp. 20-35) and 3 (pp. 36-58]

Higgs, Robert., “Eighteen problematic propositions in the analysis of the growth of government”, The Review of Austrian Economics, Vol. 5 (1), 1991, pp. 3-40.

 

M. Rothbard, ‘Law, property rights, and air pollution’, Cato Journal, 2 (1), Spring 1982, pp. 55-99.

R. Coase, "The problem of social cost", Journal of Law and Economics, 3, Ottobre 1960, pp.1-44.

 

R. Holcombe, “Entrepreneurship and economic growth”, Quarterly Journal of Austrian Economics, 1, 2, summer 1998, 45-62.

A. Maddison, Measuring and interpreting world economic performance 1500-2001”, Review of Income and Wealth, 51(1), March 2005, pp. 1-35.



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Class schedule

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