This high-quality one-year programme in economics has a strong interest
in the design and evaluation of public policy. Public Policy addresses
the main societal challenges of today and tomorrow, including the future
of the welfare state, aging of society, global environmental challenges,
urbanization of our societies, globalization, and economic development
and inequality. The programme addresses questions on market performance
and failures, and associated policies, studied from the perspective of
incentives and economic behaviour of individual firms and households. It
also covers macroeconomic policies directed at aggregate growth and
employment, notably fiscal and monetary policies.
It is generally felt that effective public policies to address the great
societal challenges are urgently needed, but not ready on the shelf.
What can policy makers do to live up to the challenges encountered in
our pension systems? What is the role for policy in the developing
world, where billions still suffer? How to meet the climate change
challenge from an economic perspective? How to make sure that in a
rapidly urbanizing world, cities will become or remain places where
people can live healthily, safely and happily?