Università Roma Tre

Public finance studies the public sector of the economy, in particular the tax and spend activities of the state. The course is organized in three parts. The first part is methodological, it provides the tools for analyzing and evaluating state intervention in the economy. The main topics covered are welfare economics, market failures, public goods and externalities; public choice and the positive theory of public intervention. The second part, specifically on public economics, examines the main spending programs of the state: assistance to the poor, income redistribution, health care, education, pensions and the functioning of the welfare state, analyzed above all from an evolutionary perspective of workfare. The third part of the course, relating to public finance, analyzes the main taxes that finance the activities of the state. The main topics are the theory of taxation, efficiency and equity in taxation, the structure of the Italian tax system, the main major taxes - personal income tax, corporation tax, consumption and wealth tax; the introduction to decentralized finance, deficit financing and the constraints to which it is subject.

H. S. Rosen, T. Gayer (2014), Scienza delle finanze, V ed., Milano, McGraw-Hill.
P. Bosi-M. C. Guerra (2018), I tributi nell'economia italiana, ultima edizione, Bologna, Il Mulino.