Unit PUBLIC FINANCE
- Course
- Political sciences and international relations
- Study-unit Code
- GP003837
- Curriculum
- Scienze dell'amministrazione
- Teacher
- Enza Caruso
- Teachers
-
- Enza Caruso
- Hours
- 63 ore - Enza Caruso
- CFU
- 9
- Course Regulation
- Coorte 2019
- Offered
- 2021/22
- Learning activities
- Affine/integrativa
- Area
- Attività formative affini o integrative
- Academic discipline
- SECS-P/03
- Type of study-unit
- Opzionale (Optional)
- Type of learning activities
- Attività formativa monodisciplinare
- Language of instruction
- Italian
- Contents
- The main theoretical topics developed during the course focus on the normative framework of welfare economics, market failures as a condition of public intervention; theories of justice for redistribution and theories of taxation. The Italian tax system is analyzed with particular attention to: personal income taxation; corporate taxation; financial assets taxation; commodity taxation.
- Reference texts
- [1] P. Bosi, Corso di scienza delle finanze (ottava edizione), Il Mulino, Bologna, 2019.
[2] P. Bosi e M.C. Guerra, I tributi nell’economia italiana (edizione 2019), Il Mulino, Bologna, 2019.
Reference books:
[i] G. Arachi e M. Baldini, La finanza pubblica italiana. Rapporto 2020, Il Mulino, Bologna, 2021. - Educational objectives
- The aim of the course is to provide students with a rigorous theoretical and institutional training in the field of public finance and the Italian taxation system.
- Prerequisites
- In order to be able to understand the main topics covered in the course, students must have knowledge of microeconomics, with particular reference to consumer theory and producer theory. Students should have already learned these basic notions during undergraduate course of Economics. This precondition is valid both for attending and not attending students.
- Teaching methods
- Lectures and seminars.
- Other information
- Attendance: recommended
- Learning verification modality
- The examination consists of two written and oral tests. The written test has closed and open questions and a duration of 2 hours. Students shall take the oral exam if the written test scored a minimum grade of 18/30. The oral test aims to verify the ability to communicate using technical language to explain public finance issues. The duration of the oral test varies depending on the performance of the interview (typically from 15 to 30 minutes).
- Extended program
- The main topics are:
[1] Welfare economics: efficiency and market failures as a condition for public intervention: public goods, market power, externalities, asymmetric information, adverse selection and moral hazard.
[2] Theory of taxation: public revenues and reasons for the distribution of the tax burden; effects of distortionary taxation and theory of tax incidence; the tax wedge. Optimal direct taxation and Flat rate tax.
[3] The Italian taxation system: a general picture.
[4] Personal income taxation: main features. Progressiveness, choice of tax base, choice of taxable unit. The personal income tax: IRPEF.
[5] Corporate taxes; the taxation of financial assets; indirect taxation and commodity tax: VAT; regional and municipal taxes.