75575 - ECONOMICS OF WELFARE

Anno Accademico 2018/2019

  • Docente: Corrado Benassi
  • Crediti formativi: 6
  • SSD: SECS-P/01
  • Lingua di insegnamento: Inglese
  • Modalità didattica: Convenzionale - Lezioni in presenza
  • Campus: Rimini
  • Corso: Laurea Magistrale in Resource economics and sustainable development / economia delle risorse e dello sviluppo sostenibile (cod. 8839)

Conoscenze e abilità da conseguire

The course provides the basic theoretical models which can be used to define economic welfare, to provide adequate measures thereof, and to assess the welfare effects of policy choices. Specific applications will be discussed with reference to the welfare implications of sustainability issues, including the definition of welfare indices, taxation, poverty, and social discount rates.

Contenuti

  1. Introduction: General perspectives on the economics of welfare (positive and normative ideas, utilitarianism and beyond, economics and justice, economics of happiness); welfare and economic welfare.

  2. From welfare to economic welfare: utilitarianism, efficiency and social decision rules.

  3. Basic models: Pareto optimality and the two fundamental theorems; the second best theorem; externalities.

  4. Applications: (a) The population problem (b) Taxation; (c) Topics in welfare and sustainability.


Testi/Bibliografia

Basic theory is covered by any microeconomics handbook, like H.Varian, Microeconomic Analysis, Norton (any edition later than the second will do) or, at a more advanced level, A.Mas-Colell, M.D.Whinston and J.R.Green, Microeconomic Theory, Oxford University Press, 1995. Further references and a list of readings will be provided in class.

Metodi didattici

This is a taught course with lectures

Modalità di verifica e valutazione dell'apprendimento

The exam consists of a written test. Students are not allowed to bring books, personal notes or electronic devices, and are required to register in advance for the exam through AlmaEsami according to the general rules of the School of Economics, Management and Statistics. Grading is on a 30 point basis: 30 max (plus distinction), minimum pass grade 18/30. Depending on the number and willingness of students, classwork and students presentations may be organized, the assessment of which will be worth up to one third of the final grade.

Strumenti a supporto della didattica

Most lectures will involve topics presentation by the teacher and class discussions. Handouts will be available for students.

Orario di ricevimento

Consulta il sito web di Corrado Benassi

SDGs

Salute e benessere Ridurre le disuguaglianze

L'insegnamento contribuisce al perseguimento degli Obiettivi di Sviluppo Sostenibile dell'Agenda 2030 dell'ONU.