Syllabus

Title
1911 Special Topics in Economic Policy
Instructors
Mag. Wolfgang Polt
Contact details
  • Type
    PI
  • Weekly hours
    2
  • Language of instruction
    Englisch
Registration
09/15/21 to 09/22/21
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Dates
Day Date Time Room
Wednesday 10/06/21 09:00 AM - 11:00 AM TC.4.04
Wednesday 10/13/21 09:00 AM - 11:00 AM TC.4.04
Wednesday 10/20/21 09:00 AM - 11:00 AM TC.4.04
Wednesday 10/27/21 09:00 AM - 11:00 AM TC.4.04
Wednesday 11/03/21 09:00 AM - 11:00 AM TC.4.04
Wednesday 11/10/21 09:00 AM - 11:00 AM TC.4.04
Wednesday 11/17/21 09:00 AM - 11:00 AM TC.4.04
Wednesday 11/24/21 09:00 AM - 11:00 AM TC.4.04
Wednesday 12/01/21 09:00 AM - 11:00 AM TC.4.04
Wednesday 12/15/21 09:00 AM - 11:00 AM TC.4.04
Wednesday 12/22/21 09:00 AM - 11:00 AM TC.4.04
Wednesday 01/12/22 09:00 AM - 11:00 AM TC.4.04
Wednesday 01/19/22 09:00 AM - 11:00 AM TC.4.04
Wednesday 01/26/22 08:00 AM - 10:00 AM TC.4.05

Contents

The course will provide theoretical foundations, historical development, examples of practical policy implementation and mayor strands of current debates in ‘Modern Industrial Policy’.  

The topic of Industrial Policy is very timely as there is currently a renewed and intense debate about the role, the scope and the limits of state intervention in economic development. Again, governments are trying to attain certain societal and economic goals by a number of direct and indirect interventions and there is currently a lively debate among policymakers, economists and the general public about the concrete form such interventions should or should not take.

After an introductory block covering (i) a general introduction to the concept of ‘Industrial Policy’, (ii) the rationale and the historical development of the approaches in industrial policy in general, subtopics will be selected for further in-depth elaboration and discussion. These sub-topics include e.g. (i) Industrial Policies for the economic development of ‘catching-up’ countries, (ii) “Industrial Policies addressing societal challenges (e.g. climate change, energy, security, …)”, (iii) Industrial Policies for the digital economy and (iii) Industrial Policies aiming at increasing the rate of innovation and technological progress.

 

Learning outcomes

At the end of the course, the students should have an in-depth understanding of the basic concepts underlying Industrial Policy and should be able the critically assess the different approaches in current debates. They should have demonstrated the ability to apply this knowledge to one of the areas of current debate and to weigh the pros and cons of the different approaches in the respective context.

Attendance requirements

Attendance is mandatory; Students may miss two lectures if they provide sufficient justification for absence in written form. The attendance of the first unit is strictly mandatory as all organizational and practical issues are clarified in this unit. 

Teaching/learning method(s)

The course will employ a range of teaching methods. In the first units, the instructor gives a general introduction. This introduction will cover the theoretical foundations and the historical development of Industrial Policy. After the introductory block, a written interim test will be held. In the next phase, in-depth elaboration of specific areas will be done by groups of students interactively, assisted by the instructor and resulting in a short paper. These elaborations will be presented to and critically discussed by all participants. Students will have a chance to interact with experts on different topics who will be invited to the course to share their thoughts on current debates with the students. Interactive formats (surveys, formulation of questions) will be used as well.

 

Assessment

The final assessment is composed of the following components: Active participation – which can include participation in discussions in the course but also of workshops and other events related to the topic (25%), interim exam (25%), teamwork on paper and presentation (40%), commenting other papers (10%)

Prerequisites for participation and waiting lists

If a student does not attend, his/her place will be given to a student on the waiting list

Readings

1 Author: Oqubay, A.; Cramer, C.; Chang, H-J.; Kozul-Wright, R. (Eds.):
Title:

 The Oxford Handbook of Industrial Policy.


Publisher: Oxford University Press
Year: 2020

Availability of lecturer(s)

Last edited: 2021-06-30



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