Track Public Policy & Management Faculty of

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Description: Track Public Policy Management Faculty of Economics Business 2 Rationale Source: Porter, Michael E. (1990). The competitive advantage of nations. Macmillan. Economists and managerial approaches of business put great weight on state

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slide1. Track Public Policy & Management<br>
slide2. Faculty of Economics & Business 2 Rationale Source: Porter, Michael E. (1990). The competitive advantage of nations. Macmillan. Economists and managerial approaches of business put great weight on state action and the polity
Doing business is to a large extent determined by government action
Porter’s Diamond Model may serve as an illustration<br>
slide3. Faculty of Economics & Business 3 Rationale Two elementary motivations, one free extra
Understand policy effects on business: ‘doing business’
Work for government / non-profit / lobbying: ‘doing policy’
Hands-on methodological training allowing you to do research

Basic goal: understand, manage, and evaluate policy with hands-on knowledge and skills:
Generic in areas of public policy, with stress on socio-economic issues
Specific economic and economists’ perspective
Tailor programme to your prospective career elementary motivations an extra for free<br>
slide4. Faculty of Economics & Business 4 Rationale Doing business

Starting point: underestimation of the role of the public sphere in business
Learn to understand the economic and business relevance of government
Overall, you already have good skills in management – remains to apply it to regulation Doing policy

Starting point: general dearth of economic / managerial background in public sector
Also: influencing policy
Learn about policy, evaluation of programs, and policy management<br>
slide5. Faculty of Economics & Business 5 Future career opportunities Prepares for positions that relate to policy and public administration
Corporate: sectors that strongly depend on policy (from real estate over healthcare to the military)
Consulting, both servicing firms and public administrations
Management in business demanding some insight into government functioning
In public administration (EU, international, national, local)
Lobbying
Business or non-profit jobs servicing public administrations
Depending on your ambitions, we advise fine-tuning your profile with a strategic choice of electives (12 study points)
Opportunity to study European institutions and decision-making<br>
slide6. Three courses (6 credits each) are compulsory
Economics of the public sector
Policy Evaluation
Policy, Economy, and Society
All make use of (partial) continuous assessment (paper, presentations, reviewing fellow students’ work, class discussions)
Semester 1 courses: also written exam
Professors: policy-oriented research profile, quite a bit of hands-on advisory policy experience Courses: core<br>
slide7. SEMESTER 1
Economics of the Public Sector (prof. M. Maes & T. Van Puyenbroeck)
Economic framework for government interference in a market economy, as well as potential reasons for government failure
Discussion of typical (EU/national) budget framework and components
Measurement and evaluation of redistributive effects & welfare costs of taxes and subsidies, sustainability of public debt, fiscal federalism,…
Policy Evaluation (prof. Nick Deschacht)
Hands-on discussion of contemporary methods for policy evaluation
Case-based
Goal: application and critical evaluation of evidence-based policy methods Courses: core<br>
slide8. Courses: core SEMESTER 2
Policy, Economy, and Society (prof. Stef Adriaenssens & Dieter Verhaest)
Learn about policy in action
Applies knowledge and skills acquired in 1st-semester courses
Focuses on what works (or what works not), and on the management and design dimension of policy
5 diverse substantial policy themes discussed with
Ex-cathedra introduction (assessment: quiz)
Presentation of a crucial or illustrative research paper by students (assessment: presentation and discussion quality)
Review by another student (assessment: quality of review)<br>
slide9. Depending on your orientation, you choose two more courses (2*6 credits). Some suggestions (5):

European orientation
European Institutions and Decision Making (sem. 1) General outline of the architecture of European institutions
Alternative, oriented to more than the EU: International and European relations (sem. 1)
European Affairs Management (sem. 2) Hands-on discussion about organizing influence in EU institutions

Environmental policy
Sustainable Management (sem. 1)
Sustainable Economics (sem. 2)
Both courses from the track in the MA Sustainability Management Courses: electives<br>
slide10. Orientation public finance & accounting
Advanced Financial Statement Analysis (sem. 1)
Management Control and Cost Management (sem. 2)
Both courses from the track in the MA Accounting

Data analysis option
Predictive Business Analytics (sem. 1, elective)
Data Management and Business Intelligence (sem. 1, BIM)
… or econometrics / methodology course in Leuven campus

‘Free as a bird’-option
Choose any 12 credits in FEB-courses at MA level Courses: electives<br>
slide11. We advise students to apply and sharpen their acquired skills and knowledge in their thesis
This is not compulsory, though
We will provide a sufficient number of thesis topics related to policy-related fields and policy management, e.g.
Evaluating the effect of a certain policy measure
Ex-ante empirical research (e.g. discrete choice experiment)
Literature review (systematic review, meta-analysis) of a specific field or set of measures
Some examples… Master Thesis<br>
slide12. The role of “beauty” in hirings in the labor market Does retirement trigger ill health? Analysis of an EU-country Examples of Master Thesis topics Framing distributionally neutral income taxes ‘Squeeze ‘em till they squeak’? A natural experiment in tax compliance and enforcement The Matthew effect in public goods provision: do richer neighbourhoods attract more investments? Working conditions and sustainable work among platform workers The impact of Airbnb on house prices and rents Degressive proportionality in the European Parliament Experimental analysis of framing effects and the perception of fair taxation Is financial fraud on the rise? A novel approach to estimating the extensive margin of fraud in market transactions “Comparing donuts”: a composite indicator assessment of environmental sustainability and social performance indicators Does more education lead to more overeducation? Evidence from compulsory schooling reforms Understanding gender gaps in economic development: toward a Big Mac Index of gender inequality The economic foundations of corruption: how access to the formal economy reduces rent-seeking through bribery The impact of Airbnb on house prices and rents The impact of immigra- tion on the wages of native residents<br>
slide13. stef.adriaenssens@kuleuven.be
T’Serclaes, office B.06-14 Contact<br>