PUBLIC ECONOMICS (Cognomi L-Z)
Academic year and teacher
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- Versione italiana
- Academic year
- 2021/2022
- Teacher
- LEONZIO GIUSEPPE RIZZO
- Credits
- 9
- Didactic period
- Secondo Semestre
- SSD
- SECS-P/03
Training objectives
- The course aims to provide an updated and comprehensive understanding of the public budget formation and of the Italian tax system . Then it proposes a theoretical analysis on the cause of tax inefficiencies and market failures, analyzing in detail the problem of the supply of public goods .
At the end of the course the student is able to read and interpret financial items contained in the state budget and the financial law. He will have knowledge of the structure of the Italian tax system, with particular regard to IRPEF and the issue of the tax progressiveness . He will be able to understand the determinants of the inefficiency introduced by any tax system . Prerequisites
- Basic knowledge of microeconomics and maths
Course programme
- Part I:
a) Introduction to Italian public finance and its evolution over time.
b) Analysis of the public budget and public debt. Theory and Exercises.
Part II:
a) Choice and tax design. The Italian tax system (Irpef, Ires, Iri, VAT and capital taxes). Theory, institutional aspects and exercises.
b) Flat tax and theory: analysis of the sources of tax inefficiencies.
Part III : Market failure. Public goods
• ) Introduction to Italian public finance, analysis of the Italian public finance and the process of the Budget Law: Bosi, Cap. 1, 2 and lecture notes available on the teacher’s website.
• Taxatione (a general framework): Bosi, Cap. 3 e Bosi-Guerra, Capp. 1 and 2 and lecture notes available on the teacher’s website.
• The Italian Personal Income Taxation (IRPEF): Bosi-Guerra, Capp. 3 and 4, lecture notes and exercises available on the teacher’s website.
• The corporate personale taxation (IRES): Bosi-Guerra, Cap. 5, excercises
• The Value Added taxation (IVA ed IRAP): Bosi-Guerra, Capp. 8 and 9, exercises
• Flat tax Baldini- Rizzo Capp. 1 and 5
• Analysis of the sources of tax inefficiencies: Bosi, Cap. 3 and lecture notes available on the teacher’s website.
• Public Goods: Bosi, Cap.1 and lecture notes available on the teacher’s website. Didactic methods
- Class lectures and exercises. For information on attendance see: http://www.unife.it/economia/lm.economia/studiare/orario-lezioni
Learning assessment procedures
- Written examination
The course exam is devoted to test the level of achievement of the previously indicated training objectives.
Actually there is an electronic exam:
- with 9 multiple choice questions (2 points each correct answer) and 1 exercise, divided into three parts (for each correct answer 4 points).
- the time available to complete the test is 40 minutes. Reference texts
- • Dispense ed esercizi nella pagina web del docente.
• P. Bosi, Corso di Scienza delle Finanze, Il Mulino, Bologna.
• P. Bosi e M.C. Guerra, I tributi nell’economia italiana, Il Mulino, 2020, Bologna.
M. Baldini e L. Rizzo, Flat Tax, parti uguali tra diseguali?, il Mulino, 2019, Bologna
• Further material is available at the course Web site.
