Bachelor
2022/2023
Public Economics
Category 'Best Course for Broadening Horizons and Diversity of Knowledge and Skills'
Category 'Best Course for New Knowledge and Skills'
Type:
Elective course (Economics)
Area of studies:
Economics
Delivered by:
Department of Applied Economics
Where:
Faculty of Economic Sciences
When:
4 year, 1, 2 module
Mode of studies:
offline
Open to:
students of all HSE University campuses
Instructors:
Natalya Rakuta
Language:
English
ECTS credits:
6
Contact hours:
56
Course Syllabus
Abstract
This course provides a basis for the economic analysis of public policy issues. It focuses on the role of the public sector in the modern economy, its functions, management techniques, the sources of government expenditures, and the efficiency estimation of public policies. Issues related to the role of the state, development of the Welfare State, public choice, management of public assets and liabilities, modern trends in taxation policies, and fiscal federalism are also examined on the material of the developed countries and Russia as well.
Public Economics attempts to understand both how the government makes decisions and what decisions it should make. It explains how the public sector interacts with the rest of the economy and why governments act in the way they do.
Learning Objectives
- To develop analytical tools and their application to key policy issues relating to the spending, taxation and financial activities of the government.
- To introduce students to the main models and analytical tools of Public Economics
- To develop student’s ability to apply theoretical knowledge to the actual economic cases
Expected Learning Outcomes
- Analyse effects of taxation on labour supply
- Analyse functions of the government at different levels
- Analyse market failures.
- Analyse tax incidence and welfare loss
- Conduct cost-benefit analysis for government programmes
- Explain main functions of the government
- Explain the behavior of economic agents in political process
- Explain the role of social insurance and its types
- Explain the tendencies in government expenditures
- Know different approaches to social welfare
- Know main theorem and theories of Public Choice
- Know main ways to increase efficiency in Public Sector
Assessment Elements
- Midterm 1
- Midterm 2
- Final exam
- Group presentation 1
- Group presentation 2
- Essay 1
- Essay 2
- Class participation
- Midterm 1
- Midterm 2
- Final exam
- Group presentation 1
- Group presentation 2
- Essay 1
- Essay 2
- Class participation
