Public Economics D16 7.5 credits

About the course

The course focuses on different kinds of market failures that arise when the conditions for first best socially desirable outcomes in market economies are not met. Externalities, the existence of public goods, and the problems of asymmetric information and the appropriate design of taxes to address these failures will be discussed.

The course is organized as follows:

The fundamental theorems of welfare economics
Externalities
Public Goods
Asymmetric Information and Efficiency

Show syllabus

Apply

Spring 2027
- Public Economics D16
  
  Second admissions round for EU/EEA citizens
  
  VT27 / Umeå / English / On site
  
  Application opens 15 September 2026
  
  Save education at universityadmissions.se
  
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  Starts
  18 January 2027
  
  Ends
  18 February 2027
  
  Number of credits
  7.5 credits
  
  Type of studies
  On site
  
  Study pace
  100%
  
  Teaching hours
  Daytime
  
  Study location
  Umeå
  
  Language
  English
  
  Application code
  UMU-2N00D
  
  Eligibility
  
  90 credits of which 75 credits in economics including 15 credits bachelor courses (G2F). Additionally, Mathematical Economics I D7 or the equivalent. English 6/level 2
  
  Selection
  
  Academic credits awarded by application deadline (HPAV 30-285 ECTS)
  
  Application
  The online application opens 15 September 2026 at 09:00 CET. Application deadline is 15 October 2026. Please note: This second application round is intended only for EU/EEA/Swiss citizens.
  
  Application and tuition fees
  As a citizen of a country outside the European Union (EU), the European Economic Area (EEA) or Switzerland, you are required to pay application and tuition fees for studies at Umeå University.
  
  Application fee: SEK 900
  
  Tuition fee, first instalment: SEK 12,075
  
  Total fee: SEK 12,075
  
  Details about tuition, fees and funding

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