AØKA08035U Public Finance
MSc in Economics
The course focuses on the relationship between the government
and the market and tries to answer such questions as when
should the government intervene, and what problems can arise due to
government interventions when governments operate under imperfect
information and other imperfections.
The course will cover a range of the many critical decisions facing
policy makers regarding both the expenditure side and the financing
of the public sector. Examples of questions addressed in the course
are:
- How large should governments be?
- What are the main arguments for government intervention?
- How do individuals and firms respond to government policies and why is it important?
- How can empirical methods be used to identify behavioral responses to government policy?
- Should governments provide private goods?
- How large are tax distortions and how are they minimized?
- How big is the trade-off between equality and efficiency?
- How high is the tax rate on the rich and how high should it be?
- How big a problem is tax evasion and what is the optimal strategy to fight it?
- Who bears the cost of a tax (often nothing is as it seems)?
- What is the scope for fiscal stimulus policy during economic crisis?
- What are the right and wrong policies to deal with the climate challenge?
The course introuces students to main topics and theoretical and
empirical methods in modern public finance. At the end of the
course, students are expected to:
- know the main motives for and against public sector involvement in the economy
- know about key concepts as well as theoretical and empirical results in modern public finance
- be able to demonstrate a thorough understanding of the underlying mechanisms behind the theoretical results
- be able to apply the empirical methods introduced in the course
The grade 12 is awarded to students who show full capability of meeting these stipulated expectations.
Syllabus:
Hindriks, Jean and Gareth Myles (2013): “Intermediate Public
Economics”, 2nd edition, MIT Press (OBS: New edition).
Articles
Time and room:
Time and room for the lectures and exercise classes: Please press the link under "Se skema" (See schedule). 15F means Spring (Forår) 2015.
The springsemester is available partly in English at this link:
https://skema.ku.dk/KU1415/reporting/textspreadsheet?objectclass=module&idtype=id&identifier=43785&t=SWSCUST+module+textspreadsheet&days=1-7&weeks=27-52&periods=1-68&template=SWSCUST+module+textspreadsheet
The first lecture in the springsemester will be the 4.th of February 2015 at 8.00 o´clock (AM).
- Category
- Hours
- Exam
- 3
- Lectures
- 42
- Preparation
- 161
- Total
- 206
- Credit
- 7,5 ECTS
- Type of assessment
- Written examination, 3 hours under invigilationA 3 hours written examination without aids.
- Aid
- Without aids
- Marking scale
- 7-point grading scale
- Censorship form
- External censorship
100 % censorship
- Exam period
- For the Spring semester 2015: From 26 May to 28 June 2015 Written exam will be the 3rd of June 2015 The written exam takes place at Peter Bangsvej 36, 2000 Frederiksberg http://pc-eksamen.ku.dk/pc_exam More information is available at https://intranet.ku.dk/economics_ma/examination/Pages/default.aspx
- Re-exam
- Same as ordinary. But if only a few students have registered for the re-exam, the exam might change to an oral exam with a synopsis to be handed in. This means that the examination date also will change.
Criteria for exam assesment
The student must in a satisfactory way demonstrate that he/she has mastered the learning outcome of the course.
Course information
- Language
- English
- Course code
- AØKA08035U
- Credit
- 7,5 ECTS
- Level
- Full Degree MasterBachelor
- Duration
- 1 semester
- Placement
- Spring
- Schedule
- Spring (week 6-21)
- Course capacity
- No limits
- Continuing and further education
- Price
320 DKK per ECTS
- Study board
- Department of Economics, Study Council
Contracting department
- Department of Economics
Course responsibles
- Claus Thustrup Kreiner (3-65766d4267657170306d7730666d)
- Simon Halphen Boserup (3-756a644267657170306d7730666d)
Forår 2015