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FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES / PUBLIC FINANCE / MLY4031 - PUBLIC CHOICE THEORY
GENERAL INFORMATION ABOUT THE COURSE
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Course Title
Theoretical
Practical
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Course Objective
Fundamental principles such as methodological individualism, rational and maximand principles, and political exchange will be examined; the failure of public economics, the ignorance and indifference of payments and elections, rent-seeking, vote-trading, political myopia, the failure to achieve consensus, the analysis of cyclical social costs and the analysis of public goods and services in the form of bundles and within the framework of median voter theory.
Brief Content of the Course
Examining different views by addressing issues related to Public Choice Theory and the Political Decision Making process.
Prerequisites
There are no prerequisites
Course Objectives
Course Objectives
1
To be able to understand the thought of Constitutional Economics;
2
To be able to assess critiques of Public Choice Theory and counter views and to draw conclusions
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Course Category
Course Category
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Mathematics and Basic Sciences
Basic Vocational Courses
Expertise /Field Courses