PUBLIC FINANCE

The course aims to convey to students the basic notions of public finance, deepening in detail the following elements: • State intervention in the economy, • the main economic theories, • market failures, • national and European public finance rules, • cycle and economic planning tools, • state budget, • public debt • tax system including direct and indirect taxes • fiscal federalism • health sector

Microeconomics, macroeconomics, math, statistics and public law.

Knowledge and comprehension ability: at the end of the course the student will have acquired knowledge of state intervention in economics in all its forms. Ability to apply knowledge and comprehension: the student will be able to apply the basic notions learned in the classroom, to the interpretation of the Italian and European regulatory framework, improving their ability to interpret the economic and fiscal phenomenon. Autonomy of judgment: the student will have greater awareness of public policies and will be able to express a critical opinion on the main economic maneuvers. Ability to communicate: the student will be able to express themselves using the technical language of the sector. Learning ability: the student will be able to continue studying the subject independently, understanding and interpreting the main causes and effects of certain economic policies.

Public finance, tax system, political and institutional topics

Milillo M, Loiero R. - Finanza pubblica, politica e istituzioni - Pearson 2019

Lectures in frontal teaching, testimonials and exercises with practical cases.

The student will be evaluated as follows: 1. Project work (in group - not mandatory): 30% on the final grade. 2. Final written exam: 70% on the final grade. The grade obtained during the project work will remain valid only for the I and II session of the summer session. In subsequent exam sessions or if the student does not intend to take the intermediate test, the candidate will be evaluated exclusively on the basis of the result obtained in the written test. Both the written exams will be composed of a mix of open and multiple choice questions, through which the student will have to show to know theoretical concepts, to know how to apply them to real world cases, thus demonstrating that he/she has acquired a good study method and the ability to learn, both necessary to continue autonomously the study of the subject matter. The number of questions within each typology will be decided by the instructor during the course and it will be communicated to students before the exam. In order to pass the exam, it is necessary that the student gets at least 18/30 in each of the aforementionted activity. The correct answer to all multiple choice questions, the demonstration of an excellent knowledge in open questions and the correct resolution of exercises leads to getting 30/30 with the possible awarding of cum laude.

Follow the course with interest; - Pass the exam with a good grade; - Addressing a current topic with a critical and innovative approach. Before each thesis session, students will be notified of the opening of a selection process - based on merit - to which they are invited to apply. Subsequently, a ranking will be formulated for the acceptance of applications.