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Brochure - Diplomatic Academy Vienna

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45<br />

International Public Economics Andreas Wagener<br />

The economics of the public sector deal with the formulation, execution and effects of<br />

government policies. This course introduces basic concepts of public economics: public<br />

goods, externalities, principles of taxation, tax incidence, and income (re)distribution.<br />

It applies them in positive and normative analyses of government behaviour in a<br />

globalised world.<br />

Public Choice Dennis Mueller<br />

Public choice applies the methodology of economics to analyse various questions typically<br />

dealt with in political science. This course examines the nature of public goods and<br />

externalities, the reasons why government exists, the positive and normative properties<br />

of the simple majority rule, other voting rules, and two-party and multiparty systems.<br />

Competition, Cooperation, and Conflict Jean-Robert Tyran<br />

How do markets work? When do they fail? When do people cooperate? What institutions<br />

promote cooperation in teams? Does competition promote or hinder cooperation?<br />

These are some examples of questions addressed in this course. To investigate, we<br />

use the tools of standard economics and incorporate insights from behavioral and<br />

experimental economics into the analysis. We study outcomes of economic interaction<br />

when people have limited rationality and foresight and when psychological and social<br />

considerations may play a role.<br />

Introductory Econometrics Jesus Crespo Cuaresma<br />

This course offers a self-contained presentation of the basics of econometric theory. It<br />

combines a presentation of the statistical foundations of econometric modeling with<br />

empirical applications using real world data. It provides students with the background<br />

required to perform rigorous empirical work on their own.<br />

The Economics of the European Union Werner Neudeck/Georg Winckler<br />

This course looks at the economic principles of European integration and examines<br />

selected EU policies such as the Common Agricultural Policy, regional policy and trade<br />

policy. Macroeconomic questions, especially the opportunities and problems of the<br />

European Economic and Monetary Union (EMU), are discussed in the final part of the<br />

course.<br />

Seminar on Developments in Southeastern Europe: Political, Economic and<br />

Legal Aspects Hanspeter Neuhold/Georg Winckler<br />

This interdisciplinary seminar focuses on the political, economic and legal aspects of<br />

conflicts in the Balkans, Eastern Europe and the Caucasus since the end of the Cold War<br />

and recent developments in these regions.<br />

Seminar on the Economics of European Integration Wilhelm Kohler<br />

This seminar deals with economic aspects of European integration, such as the<br />

Single Market, the Common Agricultural Policy and the Euro. The primary focus is on<br />

economics, but the seminar is interdisciplinary in nature, allowing participants to also<br />

bring in aspects of political science, legal studies, sociology and history.

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