Course guide of Economics of the Public Sector 1 (2391132)

Curso 2022/2023
Approval date: 14/06/2022

Grado (bachelor's degree)

Bachelor'S Degree in Economics

Branch

Social and Legal Sciences

Module

Sector Público

Subject

Economía del Sector Público I

Year of study

3

Semester

1

ECTS Credits

6

Course type

Compulsory course

Teaching staff

Theory

  • Aurelio García García. Grupo: B
  • Juan de Dios Jiménez Aguilera. Grupo: B
  • María Dolores Jiménez Rubio. Grupo: A
  • Alberto Ruiz Villaverde. Grupos: C y D

Practice

  • Aurelio García García Grupos: 3 y 4
  • Juan de Dios Jiménez Aguilera Grupos: 3 y 4
  • María Dolores Jiménez Rubio Grupos: 1 y 2
  • Alberto Ruiz Villaverde Grupos: 5, 6, 7 y 8

Timetable for tutorials

Aurelio García García

Email
  • Monday de 10:30 a 12:30 (C-120 F. Empresariales)
  • Tuesday de 09:30 a 10:30 (C-120 F. Empresariales)
  • Thursday de 10:30 a 12:00 (C-120 F. Empresariales)
  • Friday de 10:30 a 12:00 (C-120 F. Empresariales)

Juan de Dios Jiménez Aguilera

Email
  • Thursday de 10:30 a 13:30 (C-228 F.CC.Ee.)
  • Friday de 10:30 a 13:30 (C-228 F.CC.Ee.)

María Dolores Jiménez Rubio

Email
  • First semester
    • Tuesday de 09:30 a 14:30 (C-115 F. Empresariales)
    • Thursday de 09:30 a 10:30 (C-115 F. Empresariales)
  • Second semester
    • Tuesday de 10:30 a 13:30 (C-115 F. Empresariales)
    • Friday de 10:30 a 13:30 (C-115 F. Empresariales)

Alberto Ruiz Villaverde

Email
  • First semester
    • Monday de 17:30 a 19:30 (C-119 F. Empresariales)
    • Tuesday de 15:30 a 17:30 (C-119 F. Empresariales)
    • Wednesday de 16:00 a 18:00 (C-119 F. Empresariales)
  • Second semester
    • Monday de 15:00 a 17:30 (C-119 F. Empresariales)
    • Tuesday de 15:00 a 17:30 (C-119 F. Empresariales)
    • Wednesday de 16:00 a 17:00 (C-119 F. Empresariales)

Prerequisites of recommendations

  • None

Brief description of content (According to official validation report)

  • Public Sector and budget.
  • Public Expenditure: foundations of Public intervention.
  • Public revenue and taxation. 
  • Taxation, efficiency and equity.
  • Optimal taxation.
  • The Decentralized Public Sector: Fiscal Federalism.

General and specific competences

General competences

  • CG01. Skills in dealing with the ideas and the environment they are involved in.
  • CG02. Cognitive comprehension skills.
  • CG03. Ability to analyse and summarise.
  • CG05. Oral and written communication skills in Spanish.
  • CG08. Problem-solving skills.
  • CG10. Ability to work in a team.
  • CG13. Skills in interpersonal relationships.
  • CG16. Ability to engage in critical and self-critical reasoning.
  • CG17. Ability to learn and work autonomously.
  • CG23. Sensitivity towards environmental issues.
  • CG24. Ability to apply knowledge to practice.
  • CG25. Ability to search for information and research.

Specific competences

  • CE17. Identify and anticipate economic problems relevant to the general allocation of resources in the public and private sector.
  • CE22. Bring rationality to the analysis and description of any aspect of economic reality.
  • CE32. Communicate fluently in an environment and work in a team.
  • CE38. Derive from the data relevant information not accessible to non-professionals.
  • CE39. Regularly use Information and Communication Technologies (ICTs) in their professional activities.
  • CE40. Read and communicate professionally in more than one language, especially in English.
  • CE41. Apply professional criteria based on the use of theoretical instruments to the analysis of problems.
  • CE42. Ethical commitment at work. Ability to work in a team. Critical and self-critical reasoning. Work in an international context.
  • CE43. Motivation for quality.
  • CE56. Acquire knowledge on public budgets, public companies, fiscal federalism, regional and local finances, international public finances and social security.
  • CE57. Acquire knowledge on public sector interventions.

Transversal competences

  • CT01. Through the knowledge and application of concepts learnt in the Bachelor's Degree (Grado), be able to identify and anticipate economic problems relevant to the allocation of resources, both in the public and private sectors.
  • CT02. Know, understand and apply the different economic models to provide rationality to the analysis and description of any aspect of reality, and be able to know the economic choice criteria of the different agents that make up society.
  • CT03. Learn to communicate fluently in an environment and to work in a team, both in a national and an international context.

Objectives (Expressed as expected learning outcomes)

  • Having successfully completed this course, students will be familiar with:
    • Main drivers of public spending growth.
    • Rationale for public policy intervention.
    • Market failures and state related solutions.
    • The key perspectives on taxation.
    • Optimal taxation.

Detailed syllabus

Theory

  • THEORETICAL CONTENT:
    • SECTION 1. ANALYSIS OF PUBLIC SPENDING POLICY.
    • SECTION 2. MARKET FAILURES AND PUBLIC INTERVENTION.
    • SECTION 3. PUBLIC CHOICE.
    • SECTION 4. PUBLIC REVENUES: TAXES EQUITY-EFFICIENCY TRADE OFF.
    • SECTION 5. FISCAL FEDERALISM.

Practice

  • COURSEWORK & SEMINAR PROGRAM:
    • Students will need to complete regular coursework assignments and an individual project, and present their work in class.

Bibliography

Basic reading list

  • Rosen, H. S y Gayer T. Public Finance, 10 th. Edition. McGraw Hill, 2014
  • Stiglitz, J.E. (2015): Economics of the Public Sector, 4rd edition. W. W. Norton & Company

Complementary reading

  • Albi, E., González-Páramo, J.M., Urbanos, R., y Zubiri, I. (2017). Economía Pública I. Fundamentos, Presupuesto y Gasto. Aspectos Macroeconómicos. Barcelona: Ariel.
  • Bustos Gisbert, A. (2017): Curso Básico de Hacienda Pública, Editorial Colex, Madrid.
  • Paniagua Soto, F.J. y Navarro Pascual, R. (2016). Hacienda Pública I. Teoría del Presupuesto y Gasto Público. Madrid: UNED-Pearson.

Recommended links

  • PRADO 2  https://pradogrado.ugr.es/moodle/auth/saml/login.php
  • The Economist:  http://www.economist.com/
  • Spanish Statistics Institute:  http://www.ine.es/ 
  • Bank of Spain: http://www.bde.es/webbde/es/
  • EUROSTAT: https://ec.europa.eu/eurostat/home?
  • OCDE: www.ocde.org

Teaching methods

  • MD01. Docencia presencial en el aula 
  • MD02. Estudio individualizado del alumno, búsqueda, consulta y tratamiento de información, resolución de problemas y casos prácticos, y realización de trabajos y exposiciones. 
  • MD03. Tutorías individuales y/o colectivas y evaluación  

Assessment methods (Instruments, criteria and percentages)

Ordinary assessment session

  • Coursework: 40% of the overall mark
  • Exam: 60% of the overall mark
  • Important note: The overall mark (coursework plus written exam) to pass this subject is 50%. In order to qualify for the continuous evaluation students are required to participate at least in 50% of the practical coursework. Students are required to obtain a minimum of 40% in each part of the course (exam and coursework) 
  • DESCRIPTION OF THE EXERCISES WHICH WILL CONSTITUTE SINGLE FINAL ASSESSMENT AS ESTABLISHED IN UGR REGULATIONS

Extraordinary assessment session

  • Exam: 100% of the overall mark

Single final assessment

Additional information

  • Not applicable