Fiscal Policy

Fiscal Policy

  • Study programme and level:The joint doctoral study programme Governance and Economics in the Public Sector (third cycle)
  • 2nd year
  • 5 ECTS
  • Course type: Elective course
  • Lectures: 20
  • Seminar: 20
  • Other forms of study: 20
  • Individual work: 90
  • Lecturer: Maja Klun, PhD

1. Objectives and competences

Student:

  • understands research methods in the field of fiscal policy,
  • determines and upgrade theoretical and methodological knowledge about tax policy and its efficiency,
  • analyses and critically evaluate budget processes and budget planning,
  • can use and develops methods of debt managing,
  • analyses and critically evaluate fiscal policy at national, European and international level.

Competences:

  • able to collect and understand wider knowledge in the field of fiscal policy,
  • able to develope new methods, technics and tools for budget processing,
  • able to develop theory and methodlogy in the field of fiscal policy,
  • able to take a decisions and critically evaluate situations,
  • able to present and publicly defend scientific results in the field of fiscal policy.

2. Content (Syllabus outline)

  • Alternative indicators of tax burdens
  • Taxation and influence on economy competetiveness
  • Taxation and influence on distribution of income
  • Tax revenue planning
  • Public spending planning
  • Fiscal policy and different levels of government (gocentral governmen – local government)
  • Budget process, trends and development
  • Debt managament
  • National fiscal policy and European Union
  • National fiscal policy and global developments

3.  Readings

  • Chen G. et al. (2008). Budget Tools: Financial Methods in the Public Sector. CQ Press. 200 str.
  • OECD (2004). Recent Tax Policy Trends and Reforms in OECD Countries, OECD Tax Policy Studies, No. 9. Paris: OECD, 170 str.
  • Musgrave R. (1985). A Brief History of Fiscal Doctrine in Handbook of Public Economics, vol I, pp. 11–59.
  • Lynch T.D. in Sun J.(ed) (2008). Government Budget Forecasting. Aurebach publications, poglavje 1, str. 1–7.

4. Intended learning outcomes

Student will be fully acquainted with research skills and methods in the field of fiscal policy. Student will contribute to original and comprehensive development of knowledge in the field of fiscal policy and develop alternatives for decision making. Student will be able to critically judge, analyse and synthesize new developments in the field of fiscal policy.

5. Learning and teaching methods

  • Lectures on selected topics.
  • Seminar work and exercises (seminar paper on complex problems from selected fields and discussions).
  • Individual learning of research, case studies and exam preparation.

6. Assessment

Short essays and seminar work - 50%
Discussions (leading and cooperate) - 30%
Exam - 20%