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Economic Growth and Distributive Justice Part II - Maximize Social Wellbeing

If you really care about the big questions in the economies and societies of the 21st century, such as distributive justice - namely, inequality of income or wealth, and its correlation with economic growth - this course is meant for you. The knowledge you will gain can truly change your outlook on our world.

"Economic Growth and Distributive Justice - Maximizing Social Wellbeing" is the second part of a two part course and it includes the following five lectures:
(1) The excess burden of taxation
(2) Tax incidence: who bears the economic burden of tax?
(3) Progressivity: definition and ways to achieve
(4) Low Income, Low Ability and the Optimal Income Tax Model
(5) Designing the Tax and Transfer System that Maximizes Social Wellbeing
If you haven't done that already, we strongly recommend that you register for the first part of the course: "Economic Growth and Distributive Justice - the Role of the State". Taking both parts of the course would enable you to obtain a fuller and more comprehensive knowledge about Economic Growth and Distributed Justice.

The course is founded upon the elemental idea that the role of the state is to maximize the well-being - or simply the happiness - of its residents. In 9 fascinating, edifying lessons, using only simple words and decoding professional terminologies that sometimes baffle the intelligent layman, the course expounds many truths – both intuitive and unintuitive. Often using examples from the US and Europe, it does not however focus on policies in any particular region of the world, and is directly applicable to all countries around the globe.

The course touches upon the essence of important concepts like efficiency and equity, inequality and poverty, gross domestic product, tax evasion and tax planning; it presents the work of Nobel Laureate James Mirrlees and his followers - promoting a coherent system that integrates tax and government expenditures to maximize social welfare; and illuminates a range of high-profile issues from their economic angle:
• Climate change: the atmosphere and oceans as public goods, and how smart (Pigovian) taxation can be used to combat the rapidly increasing threats to our planet;
• Technology as the engine of economic growth;
• Taxing the rich: How can we mitigate the growing inequality problem? Should we impose a global tax on capital?

The curriculum includes interviews with major figures in the fields of law and of economics: Harvard's Elhanan Helpman, Dan Shaviro from NYU and Richard Epstein from the University of Chicago and NYU.

After successfully completing this course, you can expect to be able to:
• better understand economic issues presented in the media
• form an informed opinion on the strengths and weaknesses of presented social economic policies
• define and measure inequality and poverty
• define the connection between inequality (income, wealth) and economic growth
• explain the foundations of economic growth
• design a tax and transfer system to maximize the happiness of individuals

All these will allow you to better understand the policies being developed around you, and to play a larger, more informed role in their development, as a conscientious citizen.


In order to receive academic credit for this course you must successfully pass the academic exam on campus. For information on how to register for the academic exam – https://tauonline.tau.ac.il/registration

Additionally, you can apply to certain degrees using the grades you received on the courses. Read more on this here –
https://go.tau.ac.il/b.a/mooc-acceptance

Teachers interested in teaching this course in their class rooms are invited to explore our Academic High school program here – https://tauonline.tau.ac.il/online-highschool

This course is a direct extension of the first part "Economic Growth and Distributive Justice Part I -The Role of the State", so if you have not yet taken it, we highly recommend you start your learning from there (https://www.coursera.org/learn/economic-growth-part-1/home/welcome).

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Coursera

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Tel Aviv University

Rating 4.3 based on 11 ratings
Length 6 weeks
Effort 5 weeks of study, 1-3 hours/week
Starts Dec 3 (3 weeks ago)
Cost $49
From Tel Aviv University via Coursera
Instructor Professor Yoram Y. Margalioth
Free Limited Content
Language English
Subjects Social Sciences Business
Tags Social Sciences Law Economics

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What people are saying

We analyzed reviews for this course to surface learners' thoughts about it

nobel prize winning in one review

The course content is such that it did not become very statistics-oriented - and it had independent lectures by Nobel Prize winning economists too.

covers different areas in one review

It's obviously tougher than the Part 1, though not exactly a follow up on the first part, as it covers different areas.

introductory distributive justice in one review

This is an excellent course for introductory distributive justice.

little bit misunderstandable in one review

However, the "economic growth" part of the title is a little bit misunderstandable.

maximize social well-being in one review

I started with no knowledge of how to maximize social well-being.

obviously tougher than in one review

Careers

An overview of related careers and their average salaries in the US. Bars indicate income percentile (33rd - 99th).

Juvenile Justice Services Counselor $46k

Adjunct Instructor (Criminal Justice) $46k

Deputy Criminal Justice Instructor $47k

Criminal Justice $58k

Criminal Justice Instructor Fellow $62k

Adjunct Instructor - Criminal Justice $63k

Criminal Justice and Business Law Instructor $66k

Associate Senior Justice of the Peace $71k

Justice Advisor $84k

Criminal Justice Program Coordinator $93k

Justice Studies Adjunct Professor and Course Developer $101k

Retired Criminal Justice Instructor $127k

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Coursera

&

Tel Aviv University

Rating 4.3 based on 11 ratings
Length 6 weeks
Effort 5 weeks of study, 1-3 hours/week
Starts Dec 3 (3 weeks ago)
Cost $49
From Tel Aviv University via Coursera
Instructor Professor Yoram Y. Margalioth
Free Limited Content
Language English
Subjects Social Sciences Business
Tags Social Sciences Law Economics