Economic Policy and Public Choice – Götz Werner Professur (GWP) für Wirtschaftspolitik und Ordnungstheorie

Lecture with Tutorial in WS 2023/2024

Prof. Dr. Bernhard Neumärker

Albert-Ludwigs-Universität Freiburg
Götz Werner Chair of Economic Policy and Constitutional Economic Theory

Update (08.01.2024): Tutorials from now on will be held by Dominik Schröder. The room has changed again as well, the room is now HS Otto-Krayer-Haus (Otto-Krayer-Haus (OKH)).

Remainder of chinese and english sub-tutorials will be conducted via videos, they will be uploaded to the respective ILIAS folder. If there’s any change, we’ll let you know accordingly. The slides will be uploaded as usual here on the website.

Schedule

Lecture: Prof. Dr. Bernhard Neumärker

Time:	Wednesdays, 10:00 – 12:00 c.t.
Room:	KG I, HS 1199
Start:	semester week 2 (1st lecture: Oct. 25th 2023)

Tutorial: Dominik Schröder

Time:	Tuesdays, 14:00 – 16:00 c.t.
Room:	HS Otto-Krayer-Haus (Otto-Krayer-Haus (OKH))
Start:	semester week 3 (1st tutorial: Oct. 31st 2023)

Supplementary Tutorials:

Sub-Tutorial English: Tong Wu

Time:	Fridays, 12:00 – 14:00 c.t.
Room:	online (videos in ILIAS)
Start:	semester week 4 (1st tutorial: Nov. 10th 2023)

Sub-Tutorial German: Katharina Teich

Time:	Fridays, 14:00 – 16:00 c.t.
Room:	Wilhelmstraße 26, R 00 016
Start:	semester week 4 (1st tutorial: Nov. 10th 2023)

Sub-Tutorial Mandarin: Tong Wu

Time:	Fridays, 16:00 – 18:00 c.t.
Room:	online (videos in ILIAS)
Start:	semester week 4 (1st tutorial: Nov. 10th 2023)

Target Group and Language:

This course is designed for first-year students of the M.Sc. Economics program (economics and politics), the M.Sc. VWL program, and Diplom-Students (Hauptstudium). Exchange students are equally welcome to participate.
If students of other programs and faculties (e.g. political science) wish to participate, they should contact the tutor by email before the third week of the semester.
Recommended prerequisites: Good knowledge of microeconomics.
This module is entirely taught in English.

Credits:

4 ECTS

M.Ed. EF: „Theorien des strategischen Verhaltens und der Anreize“. Profile „Fachwissenschaftliche Vertiefung II“

6 ECTS

M.Sc. Economics: First-year course for profile „Economics and Politics“.
M.Sc. VWL (PO2014): „Wirtschaftspolitik“ and „Constitutional Economics and Competition Policy“.
M.Sc. VWL (PO2011): „Wirtschaftspolitik (Ordnungspolitik)“.
M.Sc. BWL (Public and Non-Profit Management): „Volkswirtschaftslehre“
Diplom VWL: „Wirtschaftspolitik (Ordnungspolitik)“ and „Ordnungs- und Wettbewerbspolitik“.

Course outline:

Introduction
Economic problems of economic policy
1. Economic man and collective action
2. Allocation and exchange
3. Distribution and conflict
4. Liberty and welfare
5. Implementation and reform
6. Stability and sustainability
The public choice of economic policy
1. Rational and behavioral public choice
2. Positive and normative public choice
Institutions and hierarchies of public choice
1. Authoritarian policy formation
  1.1 Leviathan governments
  1.2 Autocratic regimes
2. Democratic organization and voting rules
  2.1 Rational voting and basic voting systems
  2.2 Interest groups, rent-seeking and lobbying
Liberal concepts of economic policy formation
1. Ordoliberal design and Constitutional political economy
2. Liberal paternalism
3. New Ordoliberalism