Public Economics
Code
1115
Academic unit
null
Department
null
Credits
7,5
Teacher in charge
Paulo Côrte-Real
Teaching language
English
Objectives
The course covers the main goals, areas and tools of government intervention in the economy, from a microeconomic viewpoint.
Prerequisites
Mandatory Precedence:
- 1100. Introduction to Microeconomics
Subject matter
1 Introduction: the goals of government intervention
2 Redistribution and Fairness
3 Externalities and Public Goods
4 Social Insurance
5 Taxation
Bibliography
Jonathan Gruber, Public Finance and Public Policy, Worth Publishers (recommended) António Pinto Barbosa, Economia Pública, McGraw Hill (additional) William Thomson (2007), ?Fair Allocation Rules?, Rochester Center for Economic Research Working Paper 539. (additional)
Teaching method
Each week there will be two lectures (1.5 hours each) and a practical session (1.5 hours). Students are expected to attend the lectures and to follow and actively participate in the discussion of concepts and applications. For each thematic chapter, real-life situations are provided to allow for the application of theoretical tools and for the critical appraisal of these tools. In addition, group assignments also intend to complement this learning process.
Evaluation method
The final grade is based on:
A- Final Exam
B- Midterm (compulsory)
C- Group Assignments
The final grade will be 0.5A + 0.25B + 0.25C if A ≥ 8.0; A if A < 8.0