Rajalaxmi Kamath,
New Faculty Bloc - 008
Indian Institute of Management Bangalore,
Email: rajalaxmik@iimb.ernet.in
Ph: 080-26993748.
This course is concerned with the role of the Government in the economy. It will try and
cover several key issues in this area in a concise manner. It is broadly divided into the
following three modules:
I.
II.
III.
Useful Texts:
* I would be relying primarily, on the sequence given in the textbook by Stiglitz and
Rosengard, but in order to introduce you to its application in the Indian context, I have
added relevant journal articles and case-studies. These would be uploaded on the
moodle page created for this course titled PF 2016 (under Public Policy and
Management).
A rough, sessions-wise distribution of the topics is given below. I will intimate the class of
any changes, as and when needed.
SESSIONS
TOPICS
Sessions 1
and 2
Markets and
Pareto
Optimality
the two
Fundamental
Welfare
Theorems
Equity and
Efficiency
Sessions
3, 4, 5 and
6
REFERENCES
Chapters 3 and 4 of Stiglitz
APMCs the other side of the story
http://www.thehindubusinessline.com/opinion/apmcs-the-other-side-ofthe-story/article6871346.ece
Blank, Rebecca M, When can Public Policy Makers Rely on Private Markets?
The Effective Provision of Social Services, The Economic Journal Vol 110,
No.462. March 2000
Game
Chapter 5 and 8 of Stiglitz
theoretic
approach to
Chapter 2.1 and Section 2.2.4 of Public Finance and Public Policy understanding Ayre L. Hillman (pages 63 to 85)
public goods
NPM New Public Management, a teaching note
Public sector
production
Case: The Hyderabad Metropolitan Water Supply and Sewerage Board.
and
HKS.
provisioning
Lawrence Aber and Laura B. Rawlings, North-South Knowledge Sharing
Privatization on Incentive-Based Conditional Cash Transfer Programs, Special
private sector Protection & Labor Discussion Paper No. 1101 (Washington, D.C.: World
participation
Bank, January 2011).
and
http://siteresources.worldbank.org/SOCIALPROTECTION/Resources/SPpartnerships
Discussion- papers/Social-Protection-General-DP/1101.pdf
Government
social
protection
policies
Economics of
Taxation and
Tax Incidence
Sessions
7, 8, 9 and
10
Optimal taxes
Tax Reform
User charges
versus taxes
2015