Public Finance

(2.5,4 Credit Hours) · Undergraduate

In this course, we will review the main ideas contained in the financial theory that have been generated over time, through the study of different authors. We'll identify different trends and currents to understand why all economic systems work in different ways. We'll analyze the role of the market and government, theory of public expense, taxes' impact on the economy, public debt, and pensions. SY - Sydney, Australia: The unit covers a wide range of public finance topics including: welfare economics and the role of government in the economy, tax incidence, efficient and equitable taxation, the Australian system of revenue raising, issues of tax reform and the theory and practice of public utility pricing. It also focuses on the expenditure side of the government budget: public goods, externalities, and programs aimed at redistribution, while introducing techniques of policy evaluation.