Inequality and Redistribution

(5 Credit Hours) · Undergraduate

The module is designed to foster an understanding of economic inequality both from theoretical and practical perspectives. It mainly aims to convey how economists approach and deal with inequalities of income, wealth and consumption of inequalities of non-income variables such as health or education both between individuals and between social groups such as gender or ethnic groups. How different inequalities are assessed by international institutions such as World Bank and how relevant policies are produced in return are of main concerns of the module. The driving forces of economic inequality and its relation to other economic criteria such as growth are analysed as well from a historical global perspective. NU - Norwich, UK (Univ of E. Anglia) In this module, we will examine some of the possible factors that are driving the social and economic inequalities prevailing in many parts of the world, and we will evaluate evidence of the effectiveness of various policy measures taken to address them. The core focus will be on the role of social identity in economic decision making, discrimination, and how differential treatments of minority groups generate inequalities in various settings. This module will embrace these debates by: (i) focusing on topical issues that are central to recent policy debates, and (ii) exploring various theories and methodological tools to tackle these topics, with an emphasis on behavioural concepts and experimental methodology