This course discusses topics in economic policy. We will draw on advanced contributions from research in economics and maintain a clear microeconomics focus on consumers’ and households’ (and, to a lesser extent, firms’) responses to governmental interventions in different markets. The first half of the course will examine fiscal stimulus policies, such as consumption subsidies or scrapping programmes (such as US’ “cash-for-clunkers” programme). Using results from the environmental impact of car-scrapping programmes as a point of departure, we will then take a dive into “green” policy interventions that regulate the market for mobility. Continuing on an urban, city-level perspective, we finally discuss evidence from Germany and the US on the role of rent regulations and price control policies.
This course is for 2nd year MIA and MPP students only.