731319 Economics of externalities and social resources
- Type
- Lecture
- Semester hours
- 2
- Lecturer (assistant)
- Schmid, Erwin , Mitter, Hermine
- Organisation
- Offered in
- Sommersemester 2024
- Languages of instruction
- Deutsch
- Content
-
- Introdcution in Paretian welfare economics in context of the general equilibrium theory
- Theory of external effects; social optimality; optimal pollution regulation; policies in attaining social optimality; analysis of multiple market failures; theory of second best.
- Economics of public goods; public goods and social optimality; private and social efficient prices for public goods; quasi-public goods.
- Methods for measuring external benefits and costs.
- Asymmetric information: adverse selection, signaling, moral hazards, incentive contracting.
- selected topics: waste economics, renewable energy economics, water economics, climate economics
- Previous knowledge expected
-
Introduction in micro-economics and environmental and resource economics
- Objective (expected results of study and acquired competences)
-
basic and advanced knowledge in the contents of the course
You can find more details like the schedule or information about exams on the course-page in BOKUonline.