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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf StudyVideo and Text Based

Courses and Certificate Fees

Fees InformationsCertificate AvailabilityCertificate Providing Authority
INR 2216yesTel Aviv University, Tel Aviv

The Syllabus

Videos
  • Course Promo
  • Introduction
  • What is the Policymaker’s Goal?
  • Maximizing Happinness: The case of Bhutan
  • The Experiencing Self vs. the Remembering Self 
  • How Can the State Promote its Goal?
  • The Ultimatum Game
  • Financing Public Goods 
  • Providing Public Goods
  • Internalizing Externalities
  • Climate Change 
  • Summary
Readings
  • Recommended Books
  • Recommended Reading - Week 1
Practice Exercise
  • week 1

Videos
  • Defining and Measuring Economic Growth
  • The Intuition of the Economic Growth Model
  • Innovation (technology) as the Key to Economic Growth
  • When Efficiency Promotes Equality
  • When Inequality is Inefficient
  • When Policy is Counter-Intuitive: The Classic Example of Comparative Advantage
  • When there is a Trade-off Between Efficiency and Equality
  • Using the Leaky Bucket Parable to Explain what is a Social Welfare Function
Readings
  • Recommended Reading - Week 2
Practice Exercise
  • Week 2

Videos
  • Distributive Justice Theories: Libertarianism and Utilitarianism
  • Distributive Justice Theories: Maximin
  • Distributive Justice Theories: Egalitarianism and Weighted Utilitarianism
  • Understanding the Concept of Diminishing Marginal Utility from Consumption
  • Policy Implications of Assuming Diminishing Marginal Utility from Consumption
  • Illustrating Utilitarianism with a Real Life Example: Presenting the example
  • Conventional Analysis of Taxing Damages Paid for Loss of Earnings
  • Conventional Analysis of Taxing Damages for Medical Expenses
Readings
  • Recommended Reading - Week 3
Practice Exercise
  • week 3

Videos
  • Public Finance Analysis: Choosing the tax rule that would maximize Social Welfare
  • Public Finance Analysis of Taxing Damages for Lost Earnings
  • Public Finance Analysis of Taxing the Reimbursement of Medical Expenses
  • Public Finance Analysis of Taxing Damages for Pain and Suffering
  • The Policy Process: Summarizing what we've learnt from the Real Life Example
  • Accounting for the Fact that People Live in Families
  • Measuring Income Inequality
  • Defining and Measuring Poverty
  • Conclusion of Part I
Readings
  • Recommended Reading - Week 4
  • What's next?
Practice Exercises
  • week 4
  • Final Exam

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