Public Finance

Description

Public Finance studies the role of the public sector in the economy. In this course, we will study the economic foundations that justify the existence of the public sector, and the economic theory that describes what the role of the public sector should be. We concern when the governments should intervene the economy and how they should do so, including what options they have and what are the effects of the policies. The focus is on the government taxes and spending activities. We will also look at the governments’ policies in the reality, and study how the policies affect individual and corporate decision-making and welfare.