In this class we will investigate effects of socio-economic inequality on well-being and sustainability. A thriving literature analyses the development of income inequality over time, its determinants, and its consequences. The aim of this class is to read several significant contributions to these fields, and discuss their implications. Specifically, the first part of the course focuses on recent trends in income inequality. The second and largest part looks at the effects of inequality on various outcomes, like economic growth, labor supply, financial stability, public health, and the environment. The final part of the class deals with determinants of inequality, and what options policy makers have to address it.

On successful completion of the course, students will know about:

· Recent trends in income inequality in and between countries, and understand the core-differences between various measures of inequality.

· Several effects of inequality on the society, economy, and environment.

· Key determinants of income inequality, and how policy makers can tackle inequality without causing significant unintended side effects.

· Lectures

· Student group presentations

· Class discussions

· Students are required to read, present, and discuss academic articles and papers on covered topics.

· Presentation & handout (40%)

· Prepared comment on other group's presentation (10%)

· Discussion questions on readings (20%)

· Short quizzes on previous class (10%)

· Class participation (20%)

· Note: There will regularly be small quizzes on the readings and presentations, and class participation is a relevant part of the final grade; thus, regular attendance is strongly recommended.

Regular office hours (TBD) will be held.