Public Finance

Module code: MN7028 

In this module you will study the role that the public sector plays in the economy and the contribution that it makes to social and economic progression. The methods used to finance public services can have important impacts on the decisions made by individuals in a variety of contexts such as the household and the business firm. Minimisation of the adverse impact of taxation lies at the core of tax design and reform.

Topics covered

  • The Fiscal System
  • Public Expenditure: Public Goods and Externalities
  • Principles of Taxation 
  • Sales and Consumption Taxation
  • Income Taxation and the impact of Taxation on Saving
  • Equitable Taxation
  • Tax design and Reform
  • Deficit Finance

Learning

  • 20 hours of lectures
  • 5 hours of seminars
  • 125 hours of independent study

Assessment

  • Essay (100%)