Economics of Public Policy - MGIMO
Class
MGIMO Master (Core)
Level 7 (MGIMO)
Credits: 2 ECTS
Module leader: Ming-Jin Jiang
Office hour: Fridays 12:00 to 14:00
Economics of Public Policy
Join using Google Meet: https://meet.google.com/fma-xbxg-ihu
Assessment methods
- A1 - In-class exercise (10%)
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This assessment requires you to analyse whether a certain policy is necessary, and how it relates to the government’s objective function.
- Marking Grids: A1_EPP_marking_grids(2).pdf
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- A2 - In-class exercise (10%)
- This assessment requires you to discuss the limitation and implications of the median voter theorem.
- Marking Grids: A2_EPP_marking_grids_new(3).pdf
- A3 - In-class exercise (10%)
- This assessment requires you to analyse whether a certain policy is necessary, and how it relates to the government’s objective function.
- Marking Grids: A3_EPP_marking_grids(2).pdf
- A4 - Policy Analysis (70%)
- Assessment Guidelines: Assessment_Guidelines_A4(7).pdf
- Marking Grids: A4_EPP_marking_grids(2).pdf
Learning Outcome
At the end of the module you will be able to:
LO1. Demonstrate comprehensive knowledge and understanding of public economics and public finance (Assessment 1 and 4)
LO2. Critically evaluate the impacts and the effectiveness of a public policy taking into account all relevant information (Assessment 3 and 4)
LO3. Solve economic and public policy problems under various scenarios (Assessment 4)
LO4. Apply and manipulate economic models, and to read and communicate effectively the empirical literature, in the area of public policy (Assessment 2 and 4)
For more detail, please see the attached MSG: /files/100570/MGIMO_(L7)_S1_(IR)_EPP_MSG_AY2021-22.pdf
Here is the class outline:
Week 1Introduction to the module 1 section
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Week 2Why do governments exist? – Government Objective and Externalities 1 section
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Week 3 and 4Why do governments exist? – Government Objective and Public Goods 1 section
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Week 5 and 6Week 5 and 6: Cost-Benefit Analysis 2 sections
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Week 7, 8 and 9Political Economy 1 section
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Week 10 and 11The Multiplier Model and Fiscal Policy 1 section
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Week 12Monetary Policy 1 section
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Week 13The Institutions and Theory of Taxation 1 section
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Week 14Government Failure 1 section
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Week 9Social Insurance 1 section
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Week 9Social Insurance_Continued |
Week 12Globalisation and Trade 1 section
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