Public Economics (5cr)
Course unit code: C-10122-KAT--TAL--220
General information
- Credits
- 5 cr
- Institution
- University of Tampere
Objectives
The student learns how to apply microeconomic analysis to important public policy questions. The student understands the role of the public sector in the market economy. The student learns the principles of analyzing the effects of public policies on individuals and firms, and gets acquainted with key research findings on these topics. The student is able to apply the concepts and approaches introduced in the course to critically analyze current public policy debates.
Content
Many modern governments collect close to 50 % of GDP in taxes, and use this revenue to fund public services. This course analyzes the reasons for the involvement of the public sector in the market economy. Why do markets sometimes fail to promote individual welfare? Should the public sector address issues such as providing insurance against economic shocks, tackling rising inequality, and combating climate change – and how? On the other hand, what are the implications of high taxation for individuals and businesses?
Further information
Registrations for business studies courses are not accepted outside the registration periods of the implementation. Students must register for the course according to the registration periods in Sisu.