Econ 301: Public Economics

Course Learning Outcomes:

This course aims to introduce students to the main theoretical and empirical concepts in public economics, equip students with a thorough analytical grasp of implications of government intervention for allocation, distribution and stabilization, and familiarise students with the main issues in government revenues and expenditure. At the end of this course, the students should be able to demonstrate their understanding of the public economics. In some models, the student will be required to deal with simple algebra problems that will help them to better understand these concepts, use diagrammatic analysis to demonstrate and compare the economic welfare effects of various environmental policy options, demonstrate their understanding of the usefulness and problems related to taxation and government expenditure, and demonstrate their critical understanding of public policies.

Course Modules:

  1. Theories of the Public Sector
  2. Public Goods
  3. Local Government
  4. Externality Theory
  5. Tax Incidence Theory
  6. Optimal Taxation
  7. Commodity Taxation
  8. Income Taxation
  9. Tax Evasion

NOTE: The above modules give a rough idea about the topics covered in our Public Economics course. Students will be given modules as per their respective Universities outline after prior discussion.