Università Roma Tre

The course of Public Economics belongs to the economics courses for the Global legal studies curriculum of Laurea magistrale in Giurisprudenza. The course is taught in English and provides an introduction to the economic analysis of State interventions in market economies. The course aims to provide the students with 1) an understanding of justifications and effects of State interventions in the economic systems, with reference to both efficiency and equity; 2) an understanding of the main issues concerning market failures: natural monopoly, asymmetric information, external effects, public goods; 3) an understanding of the main aspects concerning government budget formation and the main problems regarding deficit spending and public debt.