Public sector economics (2014/2015)

Course not running

Spazio Moodle non più disponibile

Course code
4S02463
Credits
9
Coordinator
Nicola Sartor
Academic sector
SECS-P/03 - PUBLIC ECONOMICS
Language of instruction
English
Teaching is organised as follows:
Activity Credits Period Academic staff Timetable
lezione 1 6 secondo semestre Nicola Sartor
lezione 2 3 secondo semestre Claudio Zoli

Lesson timetable

Learning outcomes

The course covers the main contemporary issues in public finance and public economics. It is aimed at allowing students to read and understand the theoretical and empirical literature (both academic and policy-oriented) as well as to implement their own empirical research. Reference is also made to main institutional aspects at the national and, where relevant, international level.
Students will have a sound knowledge of concepts and phenomena related to public finance and public intervention in the economy with special reference to: corporate taxation and investment/financial decisions; public debt: macroeconomic effects, long-run financial sustainability, intergenerational equity; market regulation; market auctions.

Syllabus

Public finance and demographic changes, with special reference to the effects of welfare systems in an ageing society.
Public debt sustainability and intergenerational equity: concepts and measurements.
Imperfect Competition, Market Regulation and Regulatory Reforms; Auctions and Procurement.
Corporate taxation and capital assets taxation in a national and international setting.

Textbooks and references:
For each topic students will refer to a selected bibliography which will be given at the beginning of the course.
Lecture notes, selected scientific papers and chapters of advanced textbooks will be the main references.

Students needing to refresh basic public finance concepts may refer to the following textbooks (listed in an increasing order of complexity):
J. Gruber, Public Finance and Public Policy, Worth Publishers.
H. Rosen, Public Finance, Mac Graw Hill;
J. Stiglitz, The Economics of the Public Sector, Norton & C;
R. Musgrave and P. Musgrave, Public Finance in Theory and Practice, Mc Graw Hill;
J. Hindriks and G. D. Myles, Intermediate Public Economics, MIT Press

Assessment methods and criteria

Written examination: Candidates are expected to write short essays on specific topics and/or solve problems.
Candidates may prepare during the course an essay on a topic assigned by the teacher on a specific issue related to the course.
The aim of the essay is to train students to write short scientific reports on either theoretical or empirical issues relevant to the current debate and to become familiar with bibliographical research as well as on policy reports prepared by national or international institutions such as I.M.F., O.E.C.D., European Commission, National Central Banks, the European Central Bank.

Share