1. Introduction: types of goods in economy, market failure. 2. Property rights and externalities. 3. Provision of public goods. 4. Common goods. Tragedy of commons. 5. Public goods, common goods and the experimental economics.
Period
05-07-2014 - 19-07-2014 (2 weeks)
Target group
Postgraduate group
Course aim
Knowledge of the main types of goods in the economy, and the conflict between the individual and common interest. Ability to analyze how ill-defined property rights, and non-exclusion affect the provision and consumption of externalities, and public and common goods. Student should be able to discuss the functioning of the markets, depending on the properties of goods, and draw conclusions, concerning the need for government intervention.
Credits
1.5 ECTS credits
Course fee
EUR 650[Convert to USD]The cost of participation in the Summer School Poland.
Course leader
Dr Paweł Kuśmierczyk
Wroclaw University of Economics
Address: ul. Komandorska 118/120
Postal code: 53-345
City: Wrocław
Country: Poland
Website: http://www.summerschool.pl/
E-mail: Joanna.Radomska@summerschool.pl
Phone: +48 713680209
Public goods, common goods, and externalities
label
Diverse
calendar_month
2014-02-24, 00:00
autorenew
2025-09-29, 17:01
history_edu
Ioana Dinescu
