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. Different kinds of externalities, public goods characteristics and the problems of asymmetric information are discussed. The course also contains a discussion of pricing of so-called natural monopolies.
The information below is only for exchange students
Starts
20 January 2025
Ends
19 February 2025
Study location
Umeå
Language
English
Type of studies
Daytime,
100%
Required Knowledge
90 credits of which 75 credits in economics including 15 credits bachelor courses (G2F). Additionally, Mathematical Economics I D7 or the equivalent. Proficiency in English equivalent to the Swedish upper secondary course English 6.
Selection
Students applying for courses within a double degree exchange agreement, within the departments own agreements will be given first priority. Then will - in turn - candidates within the departments own agreements, faculty agreements, central exchange agreements and other departmental agreements be selected.
Application code
UMU-A2309
Application
This application round is only intended for nominated exchange students. Information about deadlines can be found in the e-mail instruction that nominated students receive.
The online application opens 26 August 2024 at 08:00 CET.
