PUBLIC SECTOR ECONOMICS - MOD. I
The learning objectives concerns the fundamentals of public economy, illustrating the main aspects of public intervention through regulation of private activities, public spending and tax policy.
1. Knowledge and understanding:
- Know and understand the fundamental aspects of public economy.
- know and understand the theoretical and methodological aspects of public intervention in the economy.
- Know and understand the theoretical and methodological aspects of tax system.
2. Application capability
- Know how to use the standard public economy instruments.
- Know how to apply the knowledge for understanding everyday economic public events.
- Know how to apply knowledge to justify, support and argue choices in public field.
3. Autonomy of judgment
- Be able of formulating a judgment based on basic knowledge.
- Be able of gathering additional information on public field.
- Be able of making decisions taking into account the theoretical and methodological aspects acquired.
4. Communication skills
- Be able to communicate information and ideas as well as discuss issues and advance solutions on the key themes of public economy.
5. Learning capability
- Have the ability to draw from different bibliographic sources both in Italian and English, with the aim of acquiring new skills.
- Have the learning skills necessary to undertake subsequent studies.
It’s useful that students have basic knowledge with entry-level microeconomics tools, graphical representation of economic events and algebra notions.
Consistent with the educational objectives, the organization of the teaching activity is organized as follows: frontal lessons, 40 hours. Module I: economics of well-being, market failures, collective choices (24 hours) (3 credits).
Module II: The tax system. The incidence of taxes. Taxes and economic efficiency. Optimal taxation. (16 hours) (2 credits).
Public Sector in a mixed economy. Market efficiency. Market failures. Efficiency and equality. Public goods. Public choices. Public production and bureaucracy. Externalities. Tax system. Incidence of tax system. Taxes and economic efficiency. Optimal taxation.
The organization of the teaching is as follows: lectures, 40 hours.
Campa G., (2013), Lezioni di Scienza delle Finanze, UTET, Torino.
Consistent with the learning objectives, learning assessment is articulated in an oral exam. The score reported in thirtieths .