PUBLIC FINANCE

Degree course: 
Corso di First cycle degree in ECONOMICS AND MANAGEMENT
Academic year when starting the degree: 
2017/2018
Year: 
3
Academic year in which the course will be held: 
2019/2020
Course type: 
Compulsory subjects, characteristic of the class
Language: 
Italian
Credits: 
6
Period: 
Second semester
Standard lectures hours: 
52
Detail of lecture’s hours: 
Lesson (40 hours), Exercise (12 hours)
Requirements: 

None

The final assessment consists in a written examination (1hour) divided in two parts.
The first part consists of 15 multiple choice questions (right answer 1 point; wrong answer -0.25 point; no answer 0 point). The second part consists of 3 open questions (max 5 point each).

Students can decide to take a mid term exam on half programme. If the mid term exam is sufficient, students can decide to take a final term exam on the remaining part of the programme. The final mark is the average of the markes reported in the partial exams.

Each partial exam consists in a written examination (1 hour) divided in two parts. The first part consists of 10 multiple choice questions (right answer 1 point; wrong answer -0.25 point; no answer 0 point). The second part consists of 2 open questions (max 10 point each).

Assessment: 
Voto Finale

The course aims at discussing the major issues related to the public intervention in the economy, through the study of the main elements of the tax and welfare system.
The objective is to provide the students with the knowledge necessary to understand the role of the public government in the Italian economy.

Introduction (5 hours)
- Motivations for the public intervention in the economy (R&G 1, 2, 3, 8.1)
- Income redistribution (R&G 7)
The tax system: economic aspects (15 hours)
- The Personal Income Tax (R&G 18)
- The Corporate Income Tax (R&G 19)
- Indirect taxes (R&G 20)
- Fiscal decentralization (R&G 21, 22)
Expenditure programs: theory and institutional aspects (15 hours)
- Welfare state (material on e-learning)
- Health care (R&G 10)
- Unemployment benefits (R&G 11)
- Social Insurance and Pension system (R&G 12)

The evolution of public finance in Italy (5 hours)
- The budgetary process and the Financial bill
- The public debt (R&G 8, 9)

Rosen and Gayer, Scienza delle Finanze, Ed. italiana a cura di C. Rapallini, McGraw Hill, 2018 V edizione

Additional materiale uploaded on e-learning during the course

Convenzionale

Traditional lectures and practical exercises

Professors

FIGARI FRANCESCO