Welfare economics in focus - welfare-oriented approaches to the market economy

Topic: Welfare economics in focus - public welfare-oriented approaches to the market economy

Speaker: Dr. Annika Stöhr, TU Ilmenau, Economic Theory Group

Time: Friday, May 23, 2025, 3:00 p.m.

Place: TU Ilmenau, Faradaybau (new building), Faraday lecture hall, access and parking lot from Prof.-Schmidt-Straße

Admission: 5 Euro

Time and time again, the media address the supposed tension between the pursuit of individual profit and the common good, as if one excludes the other. In her lecture at the TU Ilmenau Citizens' Campus, Dr. Annika Stöhr, research associate at the Economic Theory Group at TU Ilmenau, will explore the question of how welfare economic theories can be used to resolve this tension. Her starting point is welfare economics, which deals with the optimal allocation of resources, i.e. the ideal allocation and distribution of limited resources such as labour, capital, land and raw materials, in order to maximize a society's prosperity.

Dr. Annika Stöhr studied and completed her doctorate at TU Ilmenau and then gained practical political experience during a two-year stint at the Federal Ministry of Economics and Climate Protection. She is currently writing her habilitation thesis on competition economics and policy. Her lecture focuses on the question of how markets and processes can be designed in such a way that they promote both economic efficiency and the common good. She describes the foundations of a rule-based market economy in order to show that the common good and the pursuit of profit are by no means mutually exclusive.

Ursula Nirsberger
TU Ilmenau Citizens' Campus
+ 49 3677 69 4794
buergercampus@tu-ilmenau.de