This course analyzes the role of central governments in the economy, discussing when government should intervene and how. On the expenditure side, after considering the economic rationale for public intervention, the main characteristics of Italian welfare state are analyzed. On
the other hand, economic effects of revenue raising activity (taxes and public debt)
The final programme of this academic year will be published on the e.learning platform (moodle) at the beginning of the course.
Among the text to be chosen (alternatives):
Balestrino A., Galli E., Spataro L., Scienza delle Finanze, Utet, 2015.
Bosi P. Scienza delle FInanze, Il Mulino Bologna
H. Rosen, T. Gayer, Scienza delle Finanze (Mc Graw Hill)
Several textbooks in English can be used as substitutes.
Learning Objectives
To provide students with knoledge of the basic tools to understand the main issue in Public Economics. Ability to critically understand underlying concepts and practical tradeoffs entailed in public finance policy alternatives.
See e-learning website (moodle) for handouts and course materials
Type of Assessment
Written and oral exam
Course program
In the first part of the course the focus is on welfare economics, market failures and public spending. The rationale for public spending is assessed and pensions and public health systems discussed. In the second part of the course the focus is on revenues: economics effect of taxation and public debt sustainability will be analyzed.