Tipo Insegnamento:
Obbligatoria
Durata (ore):
60
CFU:
9
SSD:
SCIENZA DELLE FINANZE
Sede:
BRESCIA
Url:
ECONOMIA E AZIENDA DIGITALE/comune Anno: 3
Anno:
2024
Dati Generali
Periodo di attività
Primo Quadrimestre (01/10/2024 - 22/01/2025)
Syllabus
Obiettivi Formativi
Knowledge and understanding
Public economics seeks to understand how governments, or other collections of agents, behave and studies how an optimal government should behave. The first part of the course analyzes collective decision making, violations of the conditions of the First Welfare theorem (such as externalities) which may provides a normative basis for government action. The second part of the course concentrates on government behaviour such as regulation, public enterprise control, public expenditure growth, pensions systems, health and other merit goods provision and some basic knowledge of the Italian tax system. The third part will focus on the economics of information. Both the functioning of markets and the role of regulation will be investigated in the context of economies in which information and data play a central role.
Applying knowledge and understanding.
The student will be able to understand the motivations and the main activities carried out by the public sector, to have a insight into the decision processes in the public sector and its the regulatory activity. It will also be possible to understand what are the determinants and the evolution of the main types of expenditure (health, social security, education) and the effects of taxes on the economy.
Making judgements
The student, by learning the processes of regulation and functioning of the public sector, will be able to assess how private companies can react to regulation. They will be able to apply theory learned to understand the functioning of the public sector in the real world. In this perspective, the numerical examples proposed during the exercises will help the students to translate the theoretical models learned into usable tools.
Communication skills
The student must be able to communicate to different interlocutors, in an effective way and with an appropriate language, his own reflections and proposals on the topics covered in class. Students who decide to give an oral presentation will have the opportunity to discuss their own point to the rest of the class in a reasonably short time, thus also testing their synthesis skills.
Ability to learn.
The study given in this course, completing the course of study will give students the skills necessary to discriminate between alternative models useful for interpreting the evidence observed in the real world and to be able to understand the impact in terms of efficiency and equity of economic policy of government in a given country. The student will also develop the basic skills to apply the economic theories studied to the real world
Public economics seeks to understand how governments, or other collections of agents, behave and studies how an optimal government should behave. The first part of the course analyzes collective decision making, violations of the conditions of the First Welfare theorem (such as externalities) which may provides a normative basis for government action. The second part of the course concentrates on government behaviour such as regulation, public enterprise control, public expenditure growth, pensions systems, health and other merit goods provision and some basic knowledge of the Italian tax system. The third part will focus on the economics of information. Both the functioning of markets and the role of regulation will be investigated in the context of economies in which information and data play a central role.
Applying knowledge and understanding.
The student will be able to understand the motivations and the main activities carried out by the public sector, to have a insight into the decision processes in the public sector and its the regulatory activity. It will also be possible to understand what are the determinants and the evolution of the main types of expenditure (health, social security, education) and the effects of taxes on the economy.
Making judgements
The student, by learning the processes of regulation and functioning of the public sector, will be able to assess how private companies can react to regulation. They will be able to apply theory learned to understand the functioning of the public sector in the real world. In this perspective, the numerical examples proposed during the exercises will help the students to translate the theoretical models learned into usable tools.
Communication skills
The student must be able to communicate to different interlocutors, in an effective way and with an appropriate language, his own reflections and proposals on the topics covered in class. Students who decide to give an oral presentation will have the opportunity to discuss their own point to the rest of the class in a reasonably short time, thus also testing their synthesis skills.
Ability to learn.
The study given in this course, completing the course of study will give students the skills necessary to discriminate between alternative models useful for interpreting the evidence observed in the real world and to be able to understand the impact in terms of efficiency and equity of economic policy of government in a given country. The student will also develop the basic skills to apply the economic theories studied to the real world
Prerequisiti
The course uses quantitative instruments (such as derivatives, constrained maximisations) to be applied to economic models.
It is ESSENTIAL to have a GOOD preparation in the topics covered in the following couses:
Economia Politica I
Matematica I
Matematica II
It is ESSENTIAL to have a GOOD preparation in the topics covered in the following couses:
Economia Politica I
Matematica I
Matematica II
Metodi didattici
Front teaching, exercises and seminars on specific topics.
Optional activities
Presentation to be made presentation to be made during the course
Essays on specific topics to be handed in before a set date
Both activities may substitute part of the written examination
During the course homeworks will be proposed. Students that hand in their work will receive a mark.
These marks (max 3 points) can be used during the final exam as a safety net
Optional activities
Presentation to be made presentation to be made during the course
Essays on specific topics to be handed in before a set date
Both activities may substitute part of the written examination
During the course homeworks will be proposed. Students that hand in their work will receive a mark.
These marks (max 3 points) can be used during the final exam as a safety net
Verifica Apprendimento
Written examination.
The exam is made up of
a) an exercise (10 points)
b) four open questions on the public economics part. Studens will choose to answer to two of them. (5 point each).
Students handing in their homeworks may get up to 3 extra points.
Marks for presentations and essays (according to the rules proposed in course website) can be used instead of answering exams questions
c) two open questions on the innovation part (5 points each)
Please refer to the Moodle Community for more information
The exam is made up of
a) an exercise (10 points)
b) four open questions on the public economics part. Studens will choose to answer to two of them. (5 point each).
Students handing in their homeworks may get up to 3 extra points.
Marks for presentations and essays (according to the rules proposed in course website) can be used instead of answering exams questions
c) two open questions on the innovation part (5 points each)
Please refer to the Moodle Community for more information
Testi
1. H. Rosen T Harvey Public Finance, Global Edition, 2014 McGraw-Hill
Chapters 1-4-5-7-8-9-10-12-14-15-16-18-22
2. Baldwin, Cave, Lodge Understanding regulation, Second edition, chapters 2-3-4-5-22-23-24-25
3. The Italian tax system and taxation of digital activities (available on Moodle)
Articles on specific topics that will be published on Moodle
3 - Charles I. Jones, The past and future of economic growth (2021)
4. - Luis Cabral, Introduction to Industrial Organization, chapters 15 and 16
5. - Luis Cabral, Merger policy in digital industries, In Information Economics and Policy, 2021
Chapters 1-4-5-7-8-9-10-12-14-15-16-18-22
2. Baldwin, Cave, Lodge Understanding regulation, Second edition, chapters 2-3-4-5-22-23-24-25
3. The Italian tax system and taxation of digital activities (available on Moodle)
Articles on specific topics that will be published on Moodle
3 - Charles I. Jones, The past and future of economic growth (2021)
4. - Luis Cabral, Introduction to Industrial Organization, chapters 15 and 16
5. - Luis Cabral, Merger policy in digital industries, In Information Economics and Policy, 2021
Contenuti
The aim of this course is to provide students with an overview of some major issues of modern public economics. The course will allow students to understand the normative and positive effects of government intervention in the economy, both as regulator and as innovator. It will also provide examples for the application of big data analysis to public economics.
The course is made up of several parts:
The first part of the course analyzes the need of Goverment intervention to correct for market failures. The principal causes of failure (public goods, market power, externalities) will be reviewed
and with the solution proposed by the literature
The second part of the course concentrates on government behaviour such as regulation, public enterprise control, pensions systems, health and other merit goods provision. A central topic will be the study of taxation and its effects on the economy. We will examine the principles to distribute the fiscal burden, how to make a tax system progressive and the architecture of the Italian fiscal system and the role of big data analysis in this process (especially in fighting tax evasion).
We will review some application of big data to public economics especially as concerns policy evaluation, simulation of the effects of specific tax policy changes, tax evasion deterrrence.
The final part of the course focuses on the externalities caused by the non-rival nature of knowledge and information. We first analyze the specific properties of technologies which use information as one of their main input. We then embed these technologies in models of saving and accumulation, highlighting the fundamental role of ideas as the engine of growth. Finally we study innovation policies, and the need of regulation to curb the tendency to excessive concentration and market power.
PLEASE NOTE
The exercises proposed and solved during the lectures are part of the course. Please be sure you are able to solve the exercises proposed and published in the Moodle Community. The solution is proposed during the exercises classes. It will NOT be uploaded, but students can send their solutions to the teacher for being evaluated.
The course is made up of several parts:
The first part of the course analyzes the need of Goverment intervention to correct for market failures. The principal causes of failure (public goods, market power, externalities) will be reviewed
and with the solution proposed by the literature
The second part of the course concentrates on government behaviour such as regulation, public enterprise control, pensions systems, health and other merit goods provision. A central topic will be the study of taxation and its effects on the economy. We will examine the principles to distribute the fiscal burden, how to make a tax system progressive and the architecture of the Italian fiscal system and the role of big data analysis in this process (especially in fighting tax evasion).
We will review some application of big data to public economics especially as concerns policy evaluation, simulation of the effects of specific tax policy changes, tax evasion deterrrence.
The final part of the course focuses on the externalities caused by the non-rival nature of knowledge and information. We first analyze the specific properties of technologies which use information as one of their main input. We then embed these technologies in models of saving and accumulation, highlighting the fundamental role of ideas as the engine of growth. Finally we study innovation policies, and the need of regulation to curb the tendency to excessive concentration and market power.
PLEASE NOTE
The exercises proposed and solved during the lectures are part of the course. Please be sure you are able to solve the exercises proposed and published in the Moodle Community. The solution is proposed during the exercises classes. It will NOT be uploaded, but students can send their solutions to the teacher for being evaluated.
Lingua Insegnamento
INGLESE
Altre informazioni
Any additional information on the course will be regularly published on the e-learning platform
Corsi
Corsi
ECONOMIA E AZIENDA DIGITALE
Laurea
3 anni
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