About this Course

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Approx. 8 hours to complete
English
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Flexible deadlines
Reset deadlines in accordance to your schedule.
Approx. 8 hours to complete
English

Offered by

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Tel Aviv University

Syllabus - What you will learn from this course

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Week
1

Week 1

2 hours to complete

What do we Need a State For?

2 hours to complete
12 videos (Total 68 min), 2 readings, 1 quiz
12 videos
Introduction3m
1.1 What is the Policymaker’s Goal?7m
1.2 Maximizing Happinness: The case of Bhutan7m
1.3 The Experiencing Self vs. the Remembering Self 3m
1.4 How Can the State Promote its Goal?6m
1.5 The Ultimatum Game6m
1.6 Financing Public Goods 5m
1.7 Providing Public Goods4m
1.8 Internalizing Externalities8m
1.9 Climate Change 11m
Summary53s
2 readings
Recommended Books10m
Recommended Reading - Week 110m
1 practice exercise
week 130m
Week
2

Week 2

2 hours to complete

The Relationship between Efficiency and Distributive Justice

2 hours to complete
8 videos (Total 50 min), 1 reading, 1 quiz
8 videos
2.2 The Intuition of the Economic Growth Model6m
2.3 Innovation (technology) as the Key to Economic Growth6m
2.4 When Efficiency Promotes Equality4m
2.5 When Inequality is Inefficient5m
2.6 When Policy is Counter-Intuitive: The Classic Example of Comparative Advantage9m
2.7 When there is a Trade-off Between Efficiency and Equality3m
2.8 Using the Leaky Bucket Parable to Explain what is a Social Welfare Function5m
1 reading
Recommended Reading - Week 210m
1 practice exercise
Week 230m
Week
3

Week 3

1 hour to complete

Demonstrating Implications of Different Ethical Theories

1 hour to complete
8 videos (Total 49 min), 1 reading, 1 quiz
8 videos
3.2 Distributive Justice Theories: Maximin6m
3.3 Distributive Justice Theories: Egalitarianism and Weighted Utilitarianism6m
3.4 Understanding the Concept of Diminishing Marginal Utility from Consumption6m
3.5 Policy Implications of Assuming Diminishing Marginal Utility from Consumption4m
3.6 Illustrating Utilitarianism with a Real Life Example: Presenting the example2m
3.7 Conventional Analysis of Taxing Damages Paid for Loss of Earnings10m
3.8 Conventional Analysis of Taxing Damages for Medical Expenses and for Pain and Suffering5m
1 reading
Recommended Reading - Week 310m
1 practice exercise
week 330m
Week
4

Week 4

2 hours to complete

Distributive Justice: Measurement and Implications

2 hours to complete
9 videos (Total 65 min), 2 readings, 2 quizzes
9 videos
4.2 Public Finance Analysis of Taxing Damages for Lost Earnings10m
4.3 Public Finance Analysis of Taxing the Reimbursement of Medical Expenses7m
4.4 Public Finance Analysis of Taxing Damages for Pain and Suffering8m
4.5 The Policy Process: Summarizing what we've learnt from the Real Life Example4m
4.6 Accounting for the Fact that People Live in Families8m
4.7 Measuring Income Inequality9m
4.8  Defining and Measuring Poverty10m
Conclusion of Part I2m
2 readings
Recommended Reading - Week 410m
What's next?10m
2 practice exercises
week 430m
Final Exam30m

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