PUBLIC ECONOMICS AND FINANCE

Course objectives

The objective is to present an overview of the main theories of public finance, both foundational and contemporary, including theories of fiscal decentralization. The course is of particular value to those intending to enter civil service and a variety of other professions. The more specific objectives of the course are: a) Illustration of the motivations and tools of the public intervention in the economy, with reference to the logic of the collective choices in public finance, also through the use of graphs. b) Knowledge of the methodological aspects of the analysis of public finance policy. c) Application of the economic theories to public finance issues d) Development of individual judgement and critical ability to understand to understand fiscal phenomena. e) Development of a technical language, adequate to express economic concepts. f) Acquisition of learning skills necessary to deepen and update the relevant issues, also using different references, and to undertake subsequent studies.

Channel 1
GIAMPAOLO GARZARELLI Lecturers' profile

Program - Frequency - Exams

Course program
The course includes a general part that regards the basic notions of public economics (typology of goods, inefficiencies, normative considerations, etc.), a second part dedicated to theories of institutions (externalities, bargaining, voting mechanisms, polycentricity, etc.) and finally a third part dedicated to local public finance (fiscal decentralization, first and second generation theories of fiscal federalism, etc.).
Prerequisites
Basic notion of microeconomics and macroeconomics
Books
Alessandro Balestrino,Emma Galli,Luca Spataro 2015 (or most recent edition) Scienza delle finanze, UTET Università. Readings assigned by lecturer during the course of the semester
Frequency
Mandatory, attendance will be taken
Exam mode
Written test during about middle of the semester, written test at the end of semester, possibility to add oral exam. PLEASE NOTE: Written test for students who attend, which can be coupled with an oral examination if requested. For students who do not attend there is only the oral exam. In assessing the exam, the final grade is determined using the following criteria: 1. Complete knowledge of all the topics. 2. Appropriateness, rigor and coherence in illustrating the theories and their applications. 3. Inclusion of reasoning with graphs whenever necessary. 4. Ability to use the knowledge acquired during the course to understand and critically analyze various current economic questions. 5. Use of an appropriate language.
Lesson mode
Traditional lectures in attendance; presentation of a few scientific articles in small groups
  • Lesson code1017460
  • Academic year2025/2026
  • CourseInternational Economic and Financial Relations
  • CurriculumSingle curriculum
  • Year2nd year
  • Semester2nd semester
  • SSDSECS-P/03
  • CFU9