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PUBLIC SECTOR ECONOMICS AND MANAGEMENT

1st section

Syllabus

EN IT

Learning Objectives

Knowledge and Understanding
Detailed understanding of the principles of public spending and taxation, and the implications, in terms of efficiency and equity, of the policies implemented by governments in these areas, with particular reference to the principles that should inform the provision of public goods, externalities, social security system. A part of the course will be devoted to the public economics of news media. This will help strengthen and extend the knowledge gained during the first part of courses and make students able to develop and/or implement original ideas, potentially with original research in mind.

Applying Knowledge and Understanding:
The notions, concepts and theoretical models learned can help students understand more clearly and organically the implications of government policies, and to assess the consequences of specific proposals.

Making Judgements:
The lessons learned can be used to evaluate critically, constructively and without bias the work of policy makers

Communication Skills:
The ability to select and present facts and complex mechanisms in a rigorous manner; to present complex subjects in a simple manner, communicating their findings and knowledge and their rationale, to specialist and non-specialist

Learning Skills:
The course aims to provide students with the fundamental knowledge to follow the theoretical and empirical debate in public economics and in the process of the formation of policy.

Presentational skills:
The students have to present a paper of their choice, within a set selected by the lecturer. A part of a lecture will be devoted to provide presentational skills.

FRANCESCO SOBBRIO

Prerequisites

Microeconomics

Program

The module will focus on some selected textbook topics on public economics: public goods, the political economy of mass media, externalities, social security and optimal tax theory.

Books

Hindriks and Myles, Public Economics, MIT Press (1995)

Bibliography

- Hindriks and Myles, Public Economics, MIT Press (1995)
- Slides and lecture notes will be made available on the course webpage

Teaching methods

The module consists of lectures. Any necessary updates in regard to the lectures will be made available on the course's web page.

Exam Rules

The student will be evaluated at the end of the course via a written test. The written test consists of a mix of open-ended questions, multiple choice questions and exercises, with which the student have to demonstrate knowledge of the theoretical notions of public economics, knowing how to apply them in practical cases demonstrating that he has achieved the method of study and the learning ability necessary to continue the study of the subject autonomously.

The failure to achieve at least the score of 18/30 will result in failure to pass the exam.

Correct answers to all multiple-choice questions, an excellent level of preparation in all open questions and the correct execution of all the exercises will result in a score of 30/30 cum laude.

GIORGIO GULINO

Program

The module will focus on class discussions of recent academic papers on topics related to public economics.

Books

Academic papers distributed during the course

Bibliography

Slides and lecture notes will be made available on the course webpage

Teaching methods

The module consists of lectures and student presentations. Any necessary updates in regard to the lectures will be made available on the course's web page.

Exam Rules

The final grade for this module will involve an assessment based on class participation and group presentations.