Top­ics in Pub­lic Eco­nom­ics

Fagets indhold

Public economics is the economics of collective decision making and collective
action. This domain of economics research is concerned with both positive and
normative questions. We will study both how collective actions affect the world,
but also which collective actions we should take. As pointed out by David Hume,
moving from "is" to "ought" is a difficult step, and a passing acquaintance with
politics will show that not everyone agrees about which policies are best. The
goal of this course is to deepen students understanding of several important
issues faced by contemporary society, and how collective responses to those
issues which will shape their futures.

The course will be structured around four themes. Each theme will be broken
up into four segments or modules: The core positive economics of the topic,
the normative or welfare economics of the topic, discussion of recent research,
and debate.

1 Taxation
2 Inequality
3 Climate Change
4 AI and automation
 

In relation to Nordic Nine

This course will help students develop several of the Nordic Nine capabilities. By studying public economics and collective decision making, students develop deep business knowledge (NN1) while considering the broader context. They will analyze complex societal issues and recognize humanity's challenges (NN2, NN3). The course encourages critical thinking and data analysis, fostering curiosity about ambiguity (NN2) and the ability to construct well-thought-out arguments (NN6). Students also explore the ethical dilemmas associated with collective action, balancing competitive business interests with compassionate societal goals (NN4, NN5). Through debate and collaboration, they enhance their critical thinking, communication skills, and the ability to summarize positions (NN6, NN8). Moreover, the course emphasizes creating value from global connections for local communities and considering the prosperity of future generations (NN7, NN9).