3007 Public Policy Analysis
Content
- The process of economic analysis of policy and the rationalist mode of public policy analysis,
- Economic analysis of public sector problem,
- Understanding : assessing the symptoms, framing the problem (analyzing market and government failures), modeling the problem (identifying policy variables),
- Economic analysis of solution and choosing evaluation criteria (converting goals to objectives and constrains),
- Specifying policy alternatives and predicting impacts of alternatives and valuing them in terms of criteria,
- Communicating analysis and key concepts for doing benefit-cost analyses,
- Determining the social discount rate, measuring consumer surplus in the presence of income effects, estimating the demand for nonmarketed goods
- Strategies for adoption and implementation and factors affecting success and failure, thinking strategically about policy design: Uncertainty, error correction, redundancy and slack, anticipating evaluations, facilitating termination, coping with diversity.
Objectives and competences
The aims:
- Student understands the fundamental characteristics and performance of selected public policies,
- Student analyzes the importance of the various economic models of public policies,
- student understands and applies assessment criteria of public policy,
- student is encouraged to create complex ideas and critical/creative thinking in the design and implementation of public policies of different countries.
Competencies:
- Student gains the ability to understand the basic characteristics of individual areas of public policy,
- Student gains the ability to define the essential elements for the economic analysis of public policies,
- Student will be able to understand cost-benefit analysis on concrete examples of public policies,
- Student gains the ability to use the economic analysis for the preparation of measures in various areas of public policy.