ECF3721

Public finance and fiscal policy

(BUS)

Not offered in 2002

6 points + 3 hours per week + Caulfield

Synopsis: Effects of government expenditure, borrowing and taxation on resource allocation, national income and employment, prices and income distribution; normative and positive tax policy, tax incidence, efficiency, corporation financial policy, expenditure, evaluation, social insurance and public goods; issues in measuring and evaluation; the economic performance of government tax, expenditure, debt and other policies; their effects on private economic activity, saving, investment, labour supply; alternative policies and methods of evaluation; mechanisms of social choice, political processes and the politics of economic policy.

Assessment: Written: 30% + Examination (2 hours): 70%