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2nd section



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 cycle 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.





The course will be articulated in two parts: the first one will focus on some selected textbook topics on public economics, the second part will focus on the political economy of news media with class discussion of recent academic papers on this topic.


Hindriks and Myles, Public Economics (1995)
+ Articoli accademici distribuiti durante il corso


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

Teaching methods

The course 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

For what concerns the first part of the course, 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.

The second part of the course will count for 50% of the final grade and will involve an assessment based on class participation and group presentations.



Hindriks and Myles, Public Economics (1995)
+ Articoli accademici distribuiti durante il corso

Exam Rules

10% class partecipation; 30% group presentation of a paper. 60% final written exam