COURSE INFORMATION
Course Title: PUBLIC FINANCE
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
BAF 222 B 4 3 0 0 3 5
Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature) NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours: Kristal Hykaj
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours: NA
Teaching Assistant(s) and Office Hours: NA
Language: English
Compulsory/Elective: Compulsory
Classroom and Meeting Time:
Course Description: BAF 222 - Public Finance: This course offers a general introductory survey of the field of public finance. The topics include: when market fail, methods of government intervention, program and project evaluation, major state and local taxes and their effects, and financial relations. Study the productive and allocate role of government and of other aggregations of individuals, as well as the interaction among politics, economics and ethics. Course includes welfare economics, the theory of public goods, collective choice problems, cost-benefit analysis, and governmental public finance. Analyze of the equity and efficiency effects of major taxes, including the personal income tax, the corporate income tax and the social security tax.
Course Objectives: The objective of this course is to examine the role of economic analysis in the strategy, evaluation and implementation of public policy. Public finance issues are paramount to economic and political discourse all over the globe, as one of the primary roles of the government is to generate resources from its people to spend the money raised for the benefit of the people. The primary course objective is to provide the students with the tools, and the skills to master these tools, in order to understand the underlying concepts entailed in public finance.
COURSE OUTLINE
Week Topics
1 Introduction to Public Finance.
2 Theoretical and Empirical Tools of Public Finance.
3 State Budget Analysis.
4 Externalities.
5 Public Goods.
6 Cost-Benefit Analysis.
7 Political Economy.
8 Mid Term Exam
9 State and Local Government Expenditures.
10 Taxation
11 Tax Inefficiencies.
12 Income distribution and welfare programs.
13 Deficit and Debt.
14 Fiscal Policy and Debt.
Prerequisite(s):
Textbook: Public Finance and Public Policy, 4th Edition, by Jonathan Gruber. Worth Publishers. A Macmillan Higher Education Company. ISBN-13: 978-1-4292-7845-4 ISBN-10: 1-4292-7845-5
Other References:
Laboratory Work:
Computer Usage:
Others: No
COURSE LEARNING OUTCOMES
1 Thorough understanding of public finance principles and concepts.
2 Provide the necessary tools to becoming masters of public policy implementation.
3 Understand the underlying practical trade-offs associated with public finance.
4 Prepare the students to become informed consumers.
5 Provide the students with the tools and concepts to engage constructively in the formulation, implementation, and evaluation of public finance policies.
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
Bachelor in International Marketing and Logistics Management (3 years) Program
COURSE EVALUATION METHOD
Method Quantity Percentage
Midterm Exam(s)
1
35
Final Exam
1
55
Attendance
10
Total Percent: 100%
ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)
Activities Quantity Duration(Hours) Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 3 48
Hours for off-the-classroom study (Pre-study, practice) 16 3 48
Mid-terms 5 1 5
Assignments 10 1 10
Final examination 5 1 5
Other 9 1 9
Total Work Load:
125
Total Work Load/25(h):
5
ECTS Credit of the Course:
5