PUBLIC FINANCE

Degree course: 
Academic year when starting the degree: 
2022/2023
Year: 
3
Academic year in which the course will be held: 
2024/2025
Course type: 
Supplementary compulsory subjects
Language: 
Italian
Credits: 
6
Standard lectures hours: 
57
Detail of lecture’s hours: 
Lesson (45 hours), Exercise (12 hours)
Requirements: 

It is necessary that the student knows basic principles of microeconomics.

The course is held in Italian, therefore is required a sufficient level of understanding of the Italian language.

The final exam, lasting 1 hour, is in written form divided into two parts. The first part consists of 15 multiple choice questions (correct answer +1 point; incorrect answer -0.25 points; non-answer 0 points); the second part consists of 3 open-ended questions (5 points each).

There is a partial test, lasting 45 minutes, in written form and divided into two parts. The first part consists of 10 multiple choice questions (correct answer +1 point; incorrect answer -0.25 points; non-answer 0 points); the second part consists of 2 open-ended questions (5 total points). For those who obtain a score greater than or equal to 9 in the first partial test, it will be possible to take a second partial test at the end of the course with the same structure as the first test. The sum of the marks obtained in the two partial tests will give rise to the total mark. For those who obtain a score lower than 9 in the first partial test, it will not be possible to take the second partial test and will therefore have to take the exam as defined in the previous paragraph.

Assessment: 
Voto Finale

The principal aim of the course is to provide basic principles of the functioning of government revenues and expenditures, the structure of fiscal policies, the economic ratio behind choices and their consequences in distributive terms and regarding inequalities.

At the end of the course the student will be able to:
- evaluate fiscal policies under economic efficiency and equity,
- provide justification of the economic mechanism behind fiscal policies,
- compare different tax-benefit systems and calculate some results for simplified scenarios.

1. Introduction to public economics, Positive and normative analysis
2. Public goods, redistribution
3. Governmental budget, EU parameters, deficit
4. Pensions
5. Tax definition and definition of the tax base
6. Income tax
7. Capital taxes
8. VAT and excises

1. Introduction to public economics, Positive and normative analysis
2. Public goods, redistribution
3. Governmental budget, EU parameters, deficit
4. Pensions
5. Tax definition and definition of the tax base
6. Income tax
7. Capital taxes
8. VAT and excises

Convenzionale

The course is divided into lectures and lessons with exercises, both provided with didactic material uploaded by instructors.

Professors

Borrowers