The objective of the course is to demonstrate how economic analysis can provide an insight into issues of economic policy. It will cover, in particular, how government taxing and spending activities affect economic efficiency and the distribution of income and wealth. It should provide the tools necessary to complete a dissertation in this area and to proceed to undertake advanced research.
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By the end of this course, students will be able to: Apply the basic tools, concepts and models necessary for competence in key topics in Public Economics. (Capability 1 and 3) Analyse policy challenges facing governments around the world and learn to find solutions to these challenges, taking into account obstacles to implementation. (Capability 2, 3 and 6) Discuss a set of perspectives into the economic activities of the government sector that will help them become enlightened participants - engaged citizens, voters, politicians and/or civil servants - in society. (Capability 2 and 6) Explain and communicate recent academic research in the field of Public Economics orally and in writing. (Capability 4.1 and 4.2)