Knowledge and understanding
The course aims to provide students with the concepts and principles of
public economy, considering the major recent advances that have
characterized its research. It will provide students with knowledge related
to different market structures, failures and public intervention, given
strategical behaviors of firms and consumers, and related analysis on
household welfare with micro-simulation.
Applying knowledge and understanding
The student will be able to discuss clearly, using appropriate arguments,
possible proposals and reflections related and issues of various
complexity in the sphere of public economics dealt with in the course,
with reference, for example, to aspects efficiency and equity of taxes and
public expenditures and related macroeconomic outcome (e.g. deficit
debt, unemployment, inflation, and economic growth).
At the end of the course students will acquire the ability to critically
interpret the main economic issues of public sector, and to use data and
information to analyse household welfare.
Students will be able to communicate their own reflections on the issues
analyzed in the course in an effective and appropriate way.
Through brief exposition and essays students will develop personal and
appropriate method of study complex issues, and acquire the ability to
critically evaluate economic reasonings.