After completing the course student has an advanced knowledge of the theory of public sector expenditure and finance and can apply this knowledge in analyzing public economics questions of current interest.
Contents
The theory of microeconomics policy and its applications on income distribution and incentive effects of taxation, the taxation of capital income and wealth, environmental taxation, pension and other basic social security, health care and education.
Teaching language
Finnish,
English
Modes of study
Option
1
Available for:
Degree Programme Students
Other Students
Open University Students
Doctoral Students
Exchange Students
luennot ja tenttiParticipation in course work
In
Finnish
Option
2
Available for:
Degree Programme Students
Other Students
Open University Students
Doctoral Students
Exchange Students
Written exam
In
English
Written exam is possible for foreign students. Exchange students should contact the teacher responsible well in advance before the exam and make an agreement on the required readings, if they are interested in taking the written exam (see the curriculum).
Evaluation
Numeric 1-5.
Study materials
Four themes (material will be selected from this list):
I) Public Economic Theory: 1. Atkinson, A. B. & Stiglitz, J. E. (1978): Lectures on Public Economics. McGraw-Hill. (Chapters 1-6, 8-13, 15) 2. Salanié, Bernard (2011): Economics of Taxation (2nd ed.). MIT Press. 3. Sen, A. K. (1970): Collective Choice and Social Welfare. Holden-Day.
II) Applications in Public Economics: 1. Atkinson, A. B. (1995): Public Economics in Action: The Basic Income / Flat Tax Proposal. Oxford: Clarendon Press. 2. Sandmo, A. (2000):The Public Economics of the Environment. Oxford University Press.
III) Tax Policy: 1. Tax by Design, The Mirrlees Review, Vol. I, 2010 OR/AND 2. Dimensions of Tax Design, The Mirrlees Review, Vol. II, 2010 - chapters will be selected with the professor
IV) Economic Inequality: 1. Sen, A. & Foster, J.E. (1997): On Economic Inequality. Oxford University Press. 2. Lambert, Peter J. (2002): The Distribution and Redistribution of Income (3rd ed.). Manchester University Press. 3. Atkinson, A. B. & Bourguignon, F. (2000, eds.): Handbook of Income Distribution. North-Holland. (Chapters 13, 14)