Public Policy I
A. Knowledge and Understanding
The students will have a critical view about the role of the state in the economy and the main challenges of public
policy in developed countries.
B. Subject-Specific Skills
Market failures, equity, and government intervention.
C. General Skills
Discussing and sustaining positions
Susana Maria Fernandes Peralta Perelman
Weekly - Available soon
Total - Available soon
Jonathan Gruber, Public Finance and Public Policy, 5th edition, Worth Publishers
Harvey Rosen and Ted Gayer, Public Finance, 9th edition, McGraw Hill
The class meets twice a week for a 80-minute lecture. The class is based on theoretical foundations and specific public
policy examples that will take the students through the main challenges in their design and in the analysis of their
Final Exam 35%
Mid-term test 25%
Group presentation of applied policy paper 25%
Individual 2-page essay on comparative public policy 15%
1 – The four questions of public policy: when, how, and why do governments intervene what is the effect of their
intervention in the economy?
2 – Externalities and Public Goods
3 – Cost Benefit Analysis
Programs where the course is taught: