90893 - Public Economics

Learning outcomes

At the end of the course, students will be able to understand the functioning of the most important economic instruments in the hands of public authorities, such as taxation, deficit/debt and fiscal policy.

Course contents

1) Introduction to the Welfare Economics

2) Public goods, externalities and market failure

3) The theory of collective choices

4) The theory of taxation (public revenues; taxonomy of taxes; criteria for sharing the tax burden and equity of taxation; the distortionary effects of taxation)
5) The theory of public debt
6) Pensions

Readings/Bibliography

Public Finance , 2013  Harvey Rosen,  Ted Gayer, ed. Mac Graw Hill

Teaching methods

Frontal lessons,  exercises. Students' presentations.

Assessment methods

The exam is aimed at verifying the achievement of the following educational objectives:

1) knowledge of the theoretical tools illustrated during the lectures

2) ability to use these tools to concretely analyze real and financial phenomena related to public intervention in the economy

The exam consists of at least one written test.

The text of the exam will contain questions of theory and questions in the form of a numerical exercises.

Teaching tools

Use of blackboard and Slides

 

Links to further information

http://paolomanasse.it/teaching

Office hours

See the website of Paolo Luciano Adalberto Manasse