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Advanced Public Finance (MW 23.6 - 3 CP and 6 CP) - Summer Term 2017

Content / Level / Downloads


  Instructor
Time
Place
(C.-Zeiß-Str. 3)
Additional
Information
Lecture 
Prof. Dr. Silke Übelmesser
Mo, 12 - 14
Fr, 10 - 12

(see plan, updated 23 June 2017)
HS 8
HS 8


Start: 3 April 2017
Tutorial
Roberto Roca Paz

Exam

There will be a 60-minute written exam on July 27, 2017, 10.15 am, in HS 2.

Exam date:

For past exams, see >here<.


Content

This course is about different public activities related to the revenue and the expenditure side of the public budget. As to the revenues, in Part I commodity taxes will be discussed with a focus on efficiency and income taxes with a focus on distributional concerns. Public funds may, however, not only be used for redistribution. A major reason for raising revenue is to finance public expenditures related to market failure. In Part II, two types of market failure will be at the center: public goods and externalities.

Whenever appropriate both sides of the budget will not only be studied in an interrelated way.


Structure 

Chapter
Lecture
Tutorial
 
0.
Introduction
Slides Math Primer  
I.
Revenue side

   
  I.1.  Optimal indirect taxation
Slides  Questions  
  I.2.  Optimal direct taxation
Slides  Questions  
  I.3.  Tax evasion
Slides *
 Questions * (Slides 18 and 19 updated;
Slides 17-20 not relevant)
II. 
Expenditure side

   
  II.1. Pure public goods
Slides  Questions  
  II.2. Impure public goods
Slides  Questions  
  II.3. Public provision of private goods
Slides*
 Questions * (Changes to slides 21, 22, 24, 26)

Literature

  • Atkinson, A. and J. Stiglitz (1980), Lectures on Public Economics, McGraw-Hill Singapore.
  • Hindriks, J. and G. Myles (2013): Intermediate Public Economics, The MIT Press, Cambridge, MA.

  • Myles, G. (1995), Public Economics, Cambridge University Press, Cambridge.
  • Further references will be announced in class.

For a refresher of math skills: 

  • Chiang, Alpha (1984): Fundamental Methods of Mathematical Economics, McGraw-Hill, Singapore.
  • Hoy, M. et al. (2011): Mathematics for Eoconomics, The MIT Press, Cambridge, MA.
  • Wisniewski, M. (2013): Mathematics for Economics, Palgrave Macmillan, Basingstoke.

Please also see the >Math Primer<!


Level

  • Master 
          
Elective within the study programmes of Economics (M.Sc., M.Ec.)

Elective within the study programmes of Business and Economic Education (M.Sc.)

Language

  • The course language is English.