University of Liege | Version française
Study programmes 2008-2009Last update : 29/06/2009
ECON0931-1  Public choice theory
Duration :  15h Th, 15h Pr
Credits/ECTS :  
Master in Economical Sciences, in-depth approach, 1st yearDeuxième quadrimestre5
Master in Economical Sciences, didactic approach, 1st yearDeuxième quadrimestre5
Master in Economical Sciences, Professional Focus in Economic Policies and Analysis, 1st yearDeuxième quadrimestre5
Holder(s) :  Bernard Jurion
Language :  Langue française
Course contents :  The aim of this course is to analyze some political behaviour by using a traditional economic approach. The content is based on the "Public Choice Theory". The following topics are discussed: voting theory (Condorcet's paradox, Arrow's impossibility theorem, the median voter, logrolling, etc.) and the analysis of behaviour in a representative democracy (Downs' model, majority and proportional representation, politico-economic cycles, etc.). It is also emphasised on the role of the public administration (bureaucracy) and lobbies.
Course objective :  Explain public choices by the rationality of economic agents.
Prerequisites :  Students should have followed an introductory course in economics and a course in public finance or public economics.
Workshops :  The students have to present a paper about voting procedures.
Organization :  First semester.
Written notes :  Lecture notes
Recommended literature:
- MUELLER, D.C., Public Choice, Cambridge University Press.
- MUELLER, D.C., The Public Choice Approach to Politics, Edward Elgar.
Assessment :  Oral and written exam the same day.
Contacts :  Professor:
B. JURION, Building B31, Room 1/55 - Phone: 04/366.30.47,
e-mail: b.jurion@ulg.ac.be
Teaching assistant:
C. DELCOUR, Building B31, Room 1/57 - Phone: 04/366.30.42,
e-mail: c.delcour@ulg.ac.be


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