Public Economics

Duration

30h Th, 15h Pr

Number of credits

Lecturer

Alain Jousten

Language(s) of instruction

English language

Organisation and examination

Teaching in the first semester, review in January

Schedule

Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

A number of topics in public economics will be covered, relating both to public expenditures and income. The approach is both normative and positive. We study direct and indirect taxation: incidence, incentives and optimal taxation. We also include social choice aspects, optimal social insurance systems, as well as the design and effects of real-world retirement income systems in the face of rational agents.

Learning outcomes of the learning unit

In line with the Key Learning Outcomes, the objective of the course is to enforce the economic expertise (strategy) and develop the critical thinking (strategy and adaptability) of the student. More specifically, the course will :

• Present the main reasons why the government intervenes in market economics, what are the limits of these interventions and how private agents react to such interventions.
• Propose socially and individually responsible solutions, respecting the principles of good governance (quality control).

Prerequisite knowledge and skills

Compulsory prerequisites:

• Intermediate Microeconomics
• Introductory Public Finance (see course Public Finance)

Planned learning activities and teaching methods

lectures

Mode of delivery (face-to-face ; distance-learning)

face-to-face

Recommended or required readings

A reading list composed of compulsory readings and optional readings is proposed each year through the course website, with a focus on topics with societal importance. (lol@ site: lola.hec.ulg.ac.be)

Assessment methods and criteria

written exam

Work placement(s)

Organizational remarks

1st semester

Contacts

Professor A.Jousten, Bât. B31,  Tél. : +32 4 366 31 98,  e-mail : ajousten@uliege.be
Assistant Jonathan Denomerenge, Bât. B31 Tel. : +32 4 366 30 42 Email: jdenomerenge@uliege.be