OVERVIEW

The Course aims at providing students with analytical tools for studying the public sector economics and the role of the State within the Economy. The course gives students a thorough grounding in the principles underlying the role of the State, the welfare state, and the design of the tax system. The main objective is to enable students to understand the practical problems involved in implementing these principles.

AIMS AND CONTENT

LEARNING OUTCOMES

The Teaching aims at providing students with an appreciation of the analytical methods for the study of the public sector economics and the role of the State. The course gives students a thorough grounding in the principles underlying the role of the State, the welfare state, and the design of the tax system. The main objective is to enable students to understand the practical problems involved in implementing these principles.

AIMS AND LEARNING OUTCOMES

Recommended prerequisites are the knowledge of: the basic principles of Microeconomics, the competition system (supply and demand functions); income and substitution effects

TEACHING METHODS

Attendance is recommended. The teaching will include lessons, seminars, classroom discussions and  homework.

SYLLABUS/CONTENT

Part I (Institutions)

• Welfare Economics and Public Intervention.
• Public expenditures. The relevant financial balances for the Public Sector.
• Efficiency in the production/provision of public goods. Market failures.
• The Italian tax system.
• The economic effects of taxation on resource allocation and income distribution.
• International aspects of national taxation on goods and services.
• Redistribution and Welfare State.

Part II (Topics)

• Natural monopoly, market regulation and tariffs.
• Public debt.
• Tax evasion.

RECOMMENDED READING/BIBLIOGRAPHY

The textbook and other additional supports (slides, homework texts, ...)  will be posted on Aulaweb

TEACHERS AND EXAM BOARD

Exam Board

BARBARA CAVALLETTI (President)

MATTEO CORSI

MARCELLO MONTEFIORI

LESSONS

LESSONS START

Sem: I

19 sept. 2016 - 15 dec. 2016

Class schedule

PUBLIC FINANCE

EXAMS

EXAM DESCRIPTION

Alternatively written/oral examination in English

ASSESSMENT METHODS

The assessing methods for the learning outcomes consist  in workshops, exercises, and group work, during the lectures

Exam schedule