04722 - Public Economics

Learning outcomes

The aim of the course is the economic based analysis of the intervention of the State in the market economies. 

 

Course contents

The course is organized in lectures and seminars, as detailed in the following program. Lectures aim to introduce students to the core tenets of the discipline. Seminars aim to provide occasions for in-depth discussions of class materials and exercises. The division into lessons and seminars is specified in the program that follows and it will be definied at the beginning of the course. For the seminar section, students will be divided into some groups according to their preferences and according to rules concerning the current pandemic emergency. Students are required to carefully read the assigned material before the session and - in the case of seminars - active participation through presentations of existing scholarship and case studies will also be expected. Regardless of the health-related conditions and the specific organization of the course, students will be able to follow the lessons of the entire course remotely on MS TEAMS.

 

FIRST PART (lectures - 30 hours)

Reasons and ways of the State intervention.

1. Economic reasons.
2. Welfare Economics theorems.
3. Market failures.
4. Democratic public decision making process
5. Welfare expenditures

SECOND PART (seminars, case studies, presentations - 30 hours)

Additional information will be communicated later

Readings/Bibliography

The textbook is:

Stiglitz, J., Rosengard, J., Economia del settore pubblico, Hoepli, Milano, terza edizione, 2018, capp. 1-12.

A suggest book is:

Bosi, P. (a cura di), Corso di scienza delle finanze, Il Mulino, ottava edizione, 2019, cap. VIII.

Additional readings will be communicated for the seminars.

Teaching methods

Lectures

Assessment methods

Written exam. Suggested partial exams

Teaching tools

Virtuale page of the course

Office hours

See the website of Giovanni Maria Mazzanti