Part of this Programme
Level of Qualification|Semesters|ECTS
Bachelor | Semestral | 5
Year | Type of course unit | Language
3 |Mandatory |Português
Total of Working Hours | Duration of Contact (hours)
140 | 60
Recommended complementary curricular units
Prerequisites and co-requisites
1. Introduction. Forms of State Intervention. Historical evolution of Public Finance 2. Microeconomic Foundations for State Intervention in the Economy 1.1.Efficiency of the market. 1.2.The market failures. 1.3.The trade-off between efficiency and equity. 1.4 Public assets. 1.5.Externalidades. 3. Public Expenses 3.1.Trends 3.2.Evaluation and efficiency 3.3. Cost-benefit analysis 4. Public revenues 5.1.Financing funds 5.2.Efficiency and taxation 5.3.Equity 5.The Public Sector in Portugal 6.The State budget 7.The budget policy 8.Sustainability of Public Finances 8.1 Public debt 8.2. Ricardian equivalence 8.3.Aritmetrics of deficits and debt 8.4.The dynamic sustainability of public debt
Ensure knowledge, understanding and application of economic instruments and public finances. Knowledge of economic concepts and models that explain the causes and consequences of State intervention. Ability to apply and interpret the methods and instruments of state intervention in the economy.
Knowledge, abilities and skills to be acquired
Enable students to identify the objects and methodologies of public interventions, in their different forms, as well as to assess the impacts on the allocation of resources from taxation and public expenditure.
Teaching methodologies and assessment
Students will have the following form of continuous assessment:. Group work to be presented in the classroom 40%. Presence in class. Students will have to attend at least 75% of classes There will be an attendance sheet that must be signed by the students. Test to be carried out on the day .. of 2015 * 30%. Test to be carried out on the day of 2016 * 30% * Dates can be changed In accordance with the evaluation regulations in force at the Faculty of Economics and Management, approval in the course implies that the student obtains a final grade equal to or higher to 10 values. Students will not be able to use graphics and permanent memory machines in evaluations. Students who do not obtain approval in continuous evaluation regime will be submitted to a final exam, which will have a weighting of 100%. There are no oral exams in this subject.
1. Paulo Trigo Pereira et al (2012), Economia e Finanças Públicas, 4ª ed., Escolar Editora, Lisboa.
3. Cullis, J., Philip Jones (2009), Public Finance and Public Choice, 3rd Edition, Oxford University Press.
4. Fernandes, Abel Costa (2010), A Economia das Finanças Públicas, Almedina.
5. Paulo Trigo Pereira et al (2012), Portugal: Dívida Pública e Défice Democrático, FFMS.