Objectives and competences
Main course objective is to give students an additional profound knowledge and understanding of funcioning of government in the field of public finance, understanding the effects of public finance activities and measures on economic agents and economy in general. In such a way students have a level of conceptual understanding and critical capacities that allow independent evaluation of public finance activities of government.
Content (Syllabus outline)
Contemporary findings in the field of:
- allocation function of public finance
- taxes, tax burdens, tax incidence
- the effects of taxes in the economy
- public expenditures and their effects in the economy
- the role of the government in icome redistribution
- public debt and fiscal deficit
- long-term sustainability of public finance
- the role of fiscal policy in environmental protection
Learning and teaching methods
Learning and teaching methods:
- lectures
- research assignments
Intended learning outcomes - knowledge and understanding
Development of Knowledge and Understanding
The learner:
- has a high level and systematic understanding of a substantial body of theories and research in the field of public finance and can work with this knowledge at peer reviewed publication qality;
- can analyse and manage the implications of ethical dilemmas in the field of public finance;
- has a good understanding of techniques / methodologies applicable to the discipline (theory or research-based).
Cognitive and Intellectual Skills
The learner:
- with critical awareness, can undertake analysis, in the areas of public finance knowledge;
- has a level of conceptual understanding and critical capacities that allows independent evaluation of research, and can argue alternative approaches;
- can act independently in problem solving.
Key / Transferable Skills
The learner:
- is able to use full range of learning resources;
- is reflective on own functioning in order to improve practice;
- can undertake research tasks competently and independentl;
- is independent and self-critical as learner and can manage own continuing professional development;
- can communicate complex or contentious information clearly and effectively;
- can continue own professional study independently.
Practical Skills
The learner:
- can operate in complex and unpredictable / specialised contexts that may be at the forefront of knowledge;
- can act in a professional capacity for self / others, with responsibility and largely autonomously and with initiative in complex and unpredictable situation;
-have technical mastery, performs smoothly with precision and effectiveness;
- can adapt skills and design or develop new skills / procedures for new situations.
Readings
Rosen, Harvey S., Ted Gayer. 2008. Public Finance. McGraw-Hill, eight edition
Connolly S., Munro, A., 1999. Economics of the Public sector. MacMillan Press Ltd.
James, Simon and Christopher Nobes. 2000. The Economics of taxation. Pearson Education Limited
Hyman, David H.,1999. Public Finance; A Contemporary Application of Theory to Policy, The Dryden Press, sixth ed.
Izbrana gradiva in publikacije ter izbrani znanstveni in strokovni članki iz področja javnih financ (Selected readings, publications and scientific and professional papers in the field of public finance)
Additional information on implementation and assessment - written examination 70%
- seminar work 30%
Student passes the exam, when each part of the examination is evaluated as positiv.
