About The Course
Important note: No former knowledge of mathematics, economics or law is required.
This novel course unravels the complexities of economic growth and distributive justice, their strong interconnections and their weighty interdependencies. Decoding professional terminologies that sometimes baffle the intelligent layman, the course will provide you with the tools you need to truly comprehend, analyze and assess the modern economic and social environment.
The course is founded upon the elemental idea that the role of the state is to maximize the welfare and wellbeing - or simply the happiness - of its residents. In 6 edifying lessons it describes and explains the various tools of fiscal policy which governments can use to this end. Expounding many truths – both intuitive and unintuitive – it 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 to 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 economics: Harvard's Elhanan Helpman, Dan Shaviro from NYU and Richard Epstein from the University of Chicago and NYU.
Frequently Asked Questions
- Will I get a Statement of Accomplishment after completing this class?
You can earn a Verified Certificate by verifying your work with a risk-free, no obligation Signature Track trial. Payment for Signature Track can be made anytime until the week before the course ends — so you’ll be more certain that you’ll earn your Verified Certificate. If you choose not to verify your work, you can still participate in the complete course. While your final score will be noted on your course records page, this course will not offer a Statement of Accomplishment.
- I am currently a student at Tel Aviv University, will this course count towards the study of a degree at Tel Aviv University?
Yes, this course may qualify for 2 general credit point in your academic studies at Tel Aviv University under the following conditions:
- You must be a registered student at Tel Aviv University in the 2014-2015 academic year.
- You must register in advance through the internal Tel Aviv University registration system (i.e. the bidding system) and be accepted to the course.
- You must take a final exam at the Tel Aviv University campus (the date and time of which will be available on the online registration system).
Learn more about TAU International programs
No professional background is required; all are welcome!
The course will be taught in English: Students should be comfortable with listening to the lectures and expressing themselves in English.