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This course provides a basis for the economic analysis of public policy issues. As a field of applied microeconomics, public economics analyzes the role of public sector in market economies, the implications of public policies on individual behaviors and its consequences for individual welfare. Also the course coveres basic techniques for program evaluation and their applications.
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1.Introduction
[Part I: Economic theory of public sector]
2.Fundamentals of welfare economics
3.Market failure (1) imperfect competition, asymmetric information
4.Market failure (2) externality, public goods
[Part II: Inequality]
5.Measuring inequality
6.Income redistribution
[Part III: Program Evaluation]
7.Why we need program evaluation?
8.Methods (1) social experiments
9.Methods (2) instrumental variables method
10.Methods (3) other non-experimental methods
11.Application (1) public housing
12.Application (2) public health insurance
13.Application (3) school construction
14.Application (4) welfare programs
15.Review
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(1)You will understand basic theory of microeconomics and its application to public sector.
(2) You will obtain basic skills for program evaluation.
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Problem sets 30%, final exam 70%
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【成績評価の基準表】
| 秀(S) | 優(A) | 良(B) | 可(C) | 不可(F) |
| 履修目標を越えたレベルを達成している | 履修目標を達成している | 履修目標と到達目標の間にあるレベルを達成している | 到達目標を達成している | 到達目標を達成できていない |
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履修目標：授業で扱う内容（授業のねらい）を示す目標
到達目標：授業において最低限学生が身につける内容を示す目標
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Lecture. There will be a few written homeworks.
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program evaluation, public economics
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