PUBLIC ECONOMICS
Academic year and teacher
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- Versione italiana
- Academic year
- 2015/2016
- Teacher
- ALEJANDRO ESTELLER MORE'
- 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 and Spanish 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 and Spanish 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: Introduction to the role of the public sector in a market economy: Descriptive data and Market failures (15 hours)
Part II: General Analysis of Taxation: Basic criteria of design, Efficiency vs. Equity (10 hours)
Part III: Specific Analysis of Taxation: Personal Income tax, Corporate Income tax, Consumption taxation and Wealth taxation, with an emphasis comparing Italy vs. Spain (15 hours)
Part IV: Exercises (23 hours) Didactic methods
- Class lectures and exercises.
Learning assessment procedures
- Written examination
The course exam is devoted to test the level of achievement of the previously indicated training objectives. The exam consists of two open-ended questions and two exercises
The two open-ended questions and the two exercises have the purpose to verify the knowledge of the topics explained in the course.
The final grade is the sum of the scores of the two open-ended questions and the exercises. To pass the exam the student must obtain a minimum score of 18 out of 31. Reference texts
- - J. Gruber, Public Finance and Public Policy, Worth Publishers, 4th Edition.
- H. Rosen, Public Finance, McGraw-Hill, 10th Edition.
