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E16: International Public Economics (Mandatory course)

Course for students enrolled September 1, 2015 and after.**

uddannelse International Public Administration and Politics
Kursustype Kandidat 1. modul
Undervisningssprog English

Sign up for the course via STADS-self-service between 1st and 15th May 2016

ONLY for students enrolled 1st September 2016: Please register via STADS-self-service between 1st and 31st August 2016.

Kursus starter 09-09-2016
Kursus slutter 16-12-2016

Knowledge • Knowledge on the highest international level about theoretical key concepts in public economics (public goods, economic efficiency, equality, distribution of income and wellbeing) • Research based knowledge about how activities that cross conventional border in public administration and policy, including Europeanization and globalization, influence these key concepts • Knowledge about the interaction between national and transnational regulation mechanisms, in particular EU, that influence the key concepts in public economics

Skills • Analyze and reflect on the development in public economics key concepts • Assess different regulation mechanisms effect on public economics on different levels • Choose and pursue a relevant analytical angle on a real policy problem within public economics

Competences • Responsibility for own academic development • Be able to assess a problem within international public economics and to formulate relevant theoretical and empirical considerations about the substance of the problem, i.e. how to analyze the problem and how to design relevant policy measures to address the problem.


Public economics is the study of the government policy through the lens of economic efficiency and equity. Micro-economic and macro-economic theory is used to assess whether the private market is likely to provide efficient outcomes in the absence of governmental interventions. International Public Economics (IPE) explores the causes and consequences of differences among governments’ alternative approaches to fundamental public policy issues as well as the impact of the European Union (EU) and globalization on national government policies and on European level policies. The international dimension is reflected also in the course structure with cross-national, European and global perspectives on public economics. Therefore, the course is built around three blocks reflecting important areas in public economics in an international perspective: I. Cross-national Analysis of Public Policies: efficiency and equity; distributional effects; market failure, government failure, and family failures II. European Public Economics: Consequences of European integration on public finances nationally and at the European level III. Global Perspectives: Trade, currency and the environment In broad terms there is in addition an underlying broad thematic division where the first block looks at public policies that affects social aspects of inequality and inclusion, the second block the at (macro) economic aspects of growth, and the third block contextual aspects, especially issues of the environment. Hence, the course reflects on strategies like the EU2020 strategy on smart, inclusive and green growth that sets the national reform programs in EU 28 thereby increasing the relevance of the course. There are 15 sessions of each four hours. Two hours are lectures and two hours are various forms of exercises. Requested readings are expected read in advance just as there may be other assignments in between sessions. In addition to sessions there is a one-day workshop with the other two semester courses. Guest lecturers may be used on special topics.


Text book: Blanchard, Olivier, Francesco Giavazzi and Alessia Amighini (2013) Macroeconomics: A European Perspective. Pearson. Various articles and policy documents, look at Moodle.


Students of International Public Administration and Politics


Oral examination on the basis of a synopsis.


You must upload the synopsis via https://eksamen.ruc.dk before 20th December at 12.00 (Noon).

Oral examination on the basis of the synopsis: 19th and 20th January 2017.

Aktivitetsansvarlig Jon Kvist (jkvist@ruc.dk )
Kursussekretær Pernille Kaplan (pernilo@ruc.dk )
Thure Heltov (heltov@ruc.dk )
Underviser Jesper Jespersen (jesperj@ruc.dk )
Bent Greve (bgr@ruc.dk )
Laura Horn (lhorn@ruc.dk )
Jon Kvist (jkvist@ruc.dk )
STADS stamdata
Obligatorisk kursus
belastning : 10 ECTS aktivitetskode : U25742
prøveform : Skriftlig/mundtlig bedømmelse : 7-trinsskala censur : Intern censur

09-09-2016 08:15 - 10:00
Intro Public economics through the lens of equity and efficiency

09-09-2016 10:15 - 12:00

16-09-2016 08:15 - 10:00

16-09-2016 10:15 - 12:00

23-09-2016 08:15 - 10:00
Children and families

23-09-2016 10:15 - 12:00

06-10-2016 10:15 - 12:00

07-10-2016 08:15 - 10:00
Old age and health

07-10-2016 10:15 - 12:00

14-10-2016 08:15 - 10:00
Welfare models: From poverty relief over income compensation to social investments

14-10-2016 10:15 - 12:00

21-10-2016 08:15 - 12:00
Changing patterns in international trade

28-10-2016 08:15 - 12:00
National accounting, basic macroeconomic concepts, growth and the role of public economics

04-11-2016 08:15 - 10:00
Labour market: employment, integration, social security, taxes, public sector budget and the impact on distribution

04-11-2016 10:15 - 12:00

11-11-2016 08:15 - 10:00
Financial markets, banking and public debt, some consequences of deregulation: winners and losers, financial transaction tax?

11-11-2016 10:15 - 12:00

18-11-2016 08:15 - 10:00
European monetary union: Balance of Payments, optimum currency area, convergence criteria, persistent imbalance – stagnation, unemployment and public debt, but rather unequally distributed.

18-11-2016 10:15 - 12:00

25-11-2016 08:15 - 10:00
Should policy makers be restrained? Stability pact, fiscal compact, public sector budget requirements, coordination of economic policies: fiscal, social, monetary and exchange rate policies at the national level and federal/European level

25-11-2016 10:15 - 12:00

02-12-2016 08:15 - 10:00
Towards public environmental economics?

02-12-2016 10:15 - 12:00

09-12-2016 08:15 - 10:00
China and the international currency system

09-12-2016 10:15 - 12:00

16-12-2016 08:15 - 10:00

16-12-2016 10:15 - 12:00