University of Liege | Version française
Study programmes 2010-2011Last update : 11/04/2011
ECON2264-3  Public choices and budgeting
- Part 1 : Public choices analysis
- Part 2 : Budgeting
Duration :  Part 1 : Public choices analysis : 15h Th
Part 2 : Budgeting : 15h Th
Credits/ECTS :  
Master in Economical Sciences, in-depth approach, 1st yearFirst semester5
Master in Economical Sciences, didactic approach, 1st yearFirst semester5
Master in Economical Sciences, Professional Focus in Economic Policies and Analysis, 1st yearFirst semester5
Master en sciences économiques,orientation générale, à finalité spécialisée en economics and finance, 1st yearFirst semester5
Master en sciences économiques, orientation générale, à finalité spécialisée en economic analysis and public governance, 1st yearFirst semester5
Holder(s) :  Part 1 : Public choices analysis : Bernard Jurion
Part 2 : Budgeting : Luc Leruth, Elisabeth Paul
Language :  French language
Course contents :  
Part 1 : Public choices analysis

The aim of this course is to analyse some political behaviour by using an economic approach.The content is based on the "Public Choice Theory". The following topics are discussed: voting theory (unanimity rule, majority rule and optimal majority, cycling, Arrow's theorem, median voter theorem, logrolling, simple alternatives to majority rule, ...) and representative democracy (two-party competition, multiparty systems, two views ef representation, political business cycle, ...). It is also emphasised on the objectives of the public administration (bureaucracy) and lobbies. The size and the growth of government is also explained (demand for public goods, fiscal illusion, less potential for productivity advances in the public sector, ...).
Course objective :  
Part 1 : Public choices analysis

Explain public choices by the rationality of economic agents.
Prerequisites :  
Part 1 : Public choices analysis

Students should have followed an introductory course in economics and, ideally, a course in public economics
Organization :  
Part 1 : Public choices analysis

First semester
Written notes :  
Part 1 : Public choices analysis

Lecture notes.

Recommended literature:

MUELLER, D.C., Public Choice, Cambridge University Press.

MUELLER, D.C., The Public Choice Approach to Politics, Edward Elgar.
Assessment :  
Part 1 : Public choices analysis

Oral and written exam the same day.
Contacts :  
Part 1 : Public choices analysis

Professor : B. JURION, Building B31, Room 1/55 - Phone: 04/366.30.47, e-mail: b.jurion@ulg.ac.be
Teaching assistant: M. LEFEBVRE, Building B31, Room 1/57 - Phone: 04/366.30.42, e-mail: mathieu.lefebvre@ulg.ac.be


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