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| ECON0931-1 | Public choice theory
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| Duration : | 15h Th, 15h Pr |
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| Credits/ECTS : |
| Master in Economical Sciences, in-depth approach, 1st year | | Premier quadrimestre | | 5 |
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| Master in Economical Sciences, didactic approach, 1st year | | Premier quadrimestre | | 5 |
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| Master in Economical Sciences, Professional Focus in Economic Policies and Analysis, 1st year | | Premier quadrimestre | | 5 |
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| Master en sciences économiques,orientation générale, à finalité spécialisée en economics and finance, 1st year | | Premier quadrimestre | | 5 |
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| Master en sciences économiques, orientation générale, à finalité spécialisée en economic analysis and public governance, 1st year | | Premier quadrimestre | | 5 |
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| Holder(s) : | Bernard Jurion |
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| Language : | Langue française |
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| 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. The size and the growth of government is also explained (demand for public goods, fiscal illusion, low productivity of the public administration, ...) |
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| Course objective : | Explain public choices by the rationality of economic agents. |
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| Prerequisites : | Students should have followed an introductory course in economics and a course in public finance or public economics. |
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| Workshops : | The students have to present a paper about voting procedures. |
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| Organization : | First semester. |
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| 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. |
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| Assessment : | Oral and written exam the same day. |
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| Contacts : | Professor:
B. JURION, Building B31, Room 1/55 - Phone: 04/366.30.47,
e-mail: b.jurion@ulg.ac.be
Teaching assistant:
A. XHONNEUX, Building B31, Room 1/57 - Phone: 04/366.30.42,
e-mail: Anne.Xhonneux@ulg.ac.be |
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