ADVANCED PUBLIC ECONOMICS

Curriculum ECONOMICS - QEM

Attraverso l'analisi di casi reali, interventi di esperti ed altre testimonianze, lo svolgimento di stage/tirocini e della prova finale, il laureato consegue un insieme di capacità che gli permetteranno:
- di valutare e di utilizzare metodi e strumenti per affrontare i comportamenti dei consumatori, dei produttori e, più in generale, del funzionamento del mercato;
- di analizzare la normativa relativa al settore pubblico dell'economia e di valutare l'impatto della spesa governativa e quello della tassazione.
L'accertamento del livello di apprendimento conseguito avviene mediante esami orali e/o discussione di casi reali, esami scritti, homework, lavori di gruppo, approfondimenti personali e relazioni di stage/tirocinio.

Curricula ECONOMIA E FINANZA - FINANCE

Attraverso la frequenza di esercitazioni, lo studio e la discussione di casi aziendali e testimonianze, lo svolgimento di periodi di stage e del lavoro finale di tesi, il laureato magistrale acquisisce la capacità di:
- Analizzare gli scenari macrofinanziari.
- Interpretare e gestire le dinamiche della moderna finanza negli scenari macrofinanziari e rispetto ai modelli decisionali caratteristici dei mercati finanziari.
L'accertamento del livello di apprendimento conseguito avviene mediante esami orali e/o discussione di casi reali, esami scritti, homework, lavori di gruppo, approfondimenti personali e relazioni di stage/tirocinio.

Public Economics is the study of the public sector and its impact on the economy. The aim of the course is to allow students to conduct apprehensible analyses of the complex relationships which exist between the private economic agents and the public sector in a market economy. The course is divided into various parts covering different approaches to the study of the role and the activities of the public sector in a market economy. The course starts with an introductory lecture on the background of the discipline. Following it presents the classical foundations of welfare economics. It goes on to analyse the processes of collective decision making, both normatively and positively. The course then discusses various issues of the literature on economics inequality, poverty and justice, and the relationships between people ethical preferences and the role of the State in the economy.

Microeconomics I; no other prerequisites

A list of the topics covered is:
1. Introduction: Reasons and limits of State intervention in the economy. Methodological issues. Basic facts about State intervention in the history and around the world. Evolution of the field.
2. Welfarist foundations of public sector economics : a general equilibrium approach
; first and second fundamental theorems of welfare economics; 
market failures and public goods; second theorem, social welfare functions and social optimum
; private information and limits to social optimum.

3. From normative to positive public economics: 
Arrow’s theorem and criteria for preferences aggregation; voting and manipulability
; restricted preferences and median voter theorem; models of political economics and the Leviathan view of the State.
4. Inequality, poverty, justice: approaches, definitions, measures; what the numbers tell; models and approaches for State intervention.

The material for the course is covered by chapters in:

Hindriks, Jean and Gareth D. Myles, 2013, Intermediate Public Economics, II edition, MIT Press.

- A webpage for the course will be active on the e-learning platform at moodle.unive.it. The page will contain references for additional readings from scientific journals, exercises, details on the weakly program and lectures and other materials.

Students’ assessment is based on a exam paper which contains (1h 30', closed-book): A) one open-question to be chosen out of 4/5; B) two exercises to be chosen out of 3.

The course follows a conventional teaching approach, based on lectures, exercise sessions, and discussions, also based on evidence from experimental economics.

English

written

This subject deals with topics related to the macro-area "Human capital, health, education" and contributes to the achievement of one or more goals of U. N. Agenda for Sustainable Development