MARKET FAILURES AND GOVERNMENT INTERVENTION
2015/2016, Semester 1
Lee Kuan Yew School of Public Policy (Lee Kuan Yew School Of Public Policy)
Modular Credits: 4
This module is intended for individuals who are interested in the functions of the market in modern economies and who in the course of their careers may be in positions of regulating market behaviour for public policy purposes. The focus is to identify what makes the market imperfect or cause market failures. The course will also examine the appropriate form of governmental intervention.
No pre-requisite. Required economic concepts would be taught as part of the course.
Workload Components : A-B-C-D-E
A: no. of lecture hours per week
B: no. of tutorial hours per week
C: no. of lab hours per week
D: no. of hours for projects, assignments, fieldwork etc per week
E: no. of hours for preparatory work by a student per week