The success of the Nordic countries' education systems have held the interest of educators and policy makers globally for years. Scores of teachers, principals and legislators from the US and elsewhere have visited Finland in hopes of understanding what it is that Finland does that could be copied and applied at home to obtain similar results. This course explores the goals, structures, incentives, funding and results of various education systems, with a focus on the Finnish and American systems. Recognizing that education systems are complex, the aim is to understand what combination of factors (class sizes, funding, teacher training, teaching philosophy and methods, etc) are most conducive in terms of encouraging and educating the student population.

-Uncertainty, risk and reward
-Welfare theory: efficiency and justice
-Strategic behaviour and game theory
-Imperfect information

There are some places for master level exchange students. Previous studies in microeconomics, macroeconomics and mathematical economics is required.

Compensation in Economics: KATTAS21B Advanced Course in Microeconomics II 5 ECTS

In this course, students will be introduced to basic economic tools and practise applying them to the study of social institutions. Throughout the course, Universal Basic Income is used as an example of such institutions. Most assignments are completed in groups. No previous studies are required.

Final deadline for assignments: 23 May 2018

Information plays a crucial role in creating the grounds for and later maintaining the very possibility for democracy. Many credit the information gained through social media for the pro-democracy movements in the Arab Spring. In more mature democracies, information about candidates allows us to make political choices; information about representatives allows us to monitor their behavior. Information about policy alternatives helps us to distinguish among them. All of these can affect our voting behavior. Portrayed in this manner, media is clearly an essential source of information. However, media comes in all varieties and in very different qualities. There have also been recent attacks on the media, and on journalists, in dictatorships and in democracies. This course explores the role of information in democracy in general, how the quality of the media can affect this information, and what types of rules, systems, etc can affect media quality. Much of the material will focus on media in the United States, but the ideas extend to all countries.

Class meetings: The class will meet once a week. Students should complete the reading assigned in the syllabus and the homework before each meeting. Each class period will be devoted to a discussion of the main ideas encountered in the reading and students are expected to fully participate in the discussions.

Missed Classes: I count participation in each class towards the total participation grade. Everyone can miss one class without a problem. Any additional missed classes can be made up by writing a 1 page summary of the readings for that day.

SYLLABUS (subject to revision)

Week 1 (8 Jan) Course Introduction: Media, Information and Democracy

Week 2 (15 Jan) Media Ownership: Constraints, Goals and Needs

Week 3 (22 Jan) How Americans Consume News

Week 4 (29 Jan) Media Bias

Week 5 (5 Feb) Media Effect on War and Elections

Week 6 (12 Feb) Pundits, Humor and News

Week 7 (19 Feb) The Internet and Social Media

26 February – No class

Week 8 (5 March) Information Rights versus Security Concerns - Wikileaks

Week 9 (12 March) Fake News

Week 10 (19 March) New Media as a Force of Change

Week 11 (26 March) Paper presentations

Week 12 (2 April) Paper presentations Final Paper Due