Public Economics and Public Finances

Course Code :	1304TEWECB
Study domain:	Economic Sciences
Academic year:	2019-2020
Semester:	1st semester
Sequentiality:	The student must have obtained a credit for the following course: - 'Inleiding tot de algemene economie' of 'Economie'
Contact hours:	45
Credits:	6
Study load (hours):	168
Contract restrictions:	Exam contract not possible
Language of instruction:	Dutch
Exam period:	exam in the 1st semester
Lecturer(s)	Jacques Vanneste

1. Prerequisites *

At the start of this course the student should have acquired the following competences:
an active knowledge of

Dutch

a passive knowledge of

English

2. Learning outcomes *

Analyst: You can indicate differences between countries with respect to their government dimension; their domains of activity and the instruments used.
Coordinator: you can explain the economic efficiency of a specific government measure (e.g. tax; regulation; subsidy; privatisation; private-public partnership).
Analyst: you can collect data on a specific topic in public finance (e.g. the excessive deficit procedure; the increase of retirement age; emission rights, etc.).
Communicator: You can critically discuss and report this information in a written and oral way.

3. Course contents *

This course offers both theoretical foundations and the evaluation of government intervention in the economy. Theory will be illustrated with numerous examples from Europe and the USA..

The following topics will be dealt with:

- Public goods
- Political economy
- Cost-benefit-analysis
- The federal budget in Belgium
- Income redistribution
- Taxation
- Deficit-financing
- Multilevel government public finance

4 International dimension*

The course has an international dimension.

The lecturer uses course materials in a foreign language

The lecturer teaches the subject of the course mainly as an internationally oriented comparison

5. Teaching method and planned learning activities

Class contact teaching

Lectures

Guest lectures

Personal work

Assignments Individually

Assignments In group

5.3 Facilities for working students *

Individual work

In group: individual alternative assignment possible

6. Assessment method and criteria

Examination

Written examination without oral presentation

Oral with written preparation

Open book

Open-question

Continuous assessment

Assignments

Participation in classroom activities

Written assignment

With oral presentation

7. Study material *

7.1 Required reading

Rosen, H.& T. Gayer, Public Finance, 10th global edition, Boston, McGraw-Hill,2014.
Sale price: US$ 70

7.2 Optional reading

The following study material can be studied voluntarily :

8. Contact information *

prof. dr. Jacques Vanneste
jacques.vanneste@uantwerpen.be