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General information |
Course unit name: Public Treasury: Principles and Expenditure
Course unit code: 366717
Academic year: 2025-2026
Coordinator: Anastasia Terskaya Lysenko
Department: Department of Economics
Credits: 6
Single program: S
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Estimated learning time |
Total number of hours 150 |
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Face-to-face and/or online activities |
60 |
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- Lecture with practical component |
Face-to-face |
60 |
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Supervised project |
40 |
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Independent learning |
50 |
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Recommendations |
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Students are recommended to have completed the following courses: Microeconomics I and Introduction to Public Sector Economics. |
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Competences / Learning outcomes to be gained during study |
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Capacity to adapt to dynamic environments. (This competence involves the following: Capacity to identify and understand processes of change and innovation, and to analyse their implications. Capacity to forecast, adapt to and propose alternatives when faced with economic, social and technological changes, among others.) |
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Capacity to take decisions from an economic perspective. (This competence involves the following: Capacity to identify the essential elements of a decision-making problem: agents, available actions, information available to the agents, as well as the results and consequences of the different potential actions. Capacity to identify areas of uncertainty, make hypotheses and deduce results. Capacity to think strategically and accept hypotheses about the behaviour of others, analyse balances and be familiar with available research techniques and the hypotheses on which these balances are based. Capacity to make effective economic and business decisions: knowledge of the basic concepts of economics and business used to analyse decisions; use of suitable quantitative and qualitative tools; identification, definition and resolution of problems of varying degrees of complexity.) |
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Capacity to prepare, analyse and interpret economic information. (This competence involves the following: Capacity to obtain, process and analyse data that leads to the presentation of internal and external financial information for public and private entities. Capacity to interpret a financial report for a financial entity. Capacity to correctly interpret graphs, financial indicators and their corresponding representations, and to issue written and oral reports. Capacity to interpret, analyse and carry out financial and investment operations.) |
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Ability to produce critical analyses of economic theories and models. (This competence involves the following: Capacity to critically analyse and assess the economic behaviour of individuals and the decisions they make. Capacity to analyse the aggregate behaviour of an economy and its implications. Capacity to empirically contrast the adaptability of theoretical models to specific economic areas.) |
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Learning objectives |
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Referring to knowledge The main objective of this course is to provide students with a broad understanding of:
Referring to abilities, skills Upon completion of the course, students will be able to:
Referring to attitudes, values and norms Throughout the learning process, students are encouraged to develop their skills of critical thinking and self-reflection, and to demonstrate respect for diverse perspectives—including differing conceptions of equity, efficiency, and collective decision-making procedures such as voting rules. |
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Teaching blocks |
1. Public sector and budget
1.1. Functions of the public sector
1.2. Government budget
1.3. Evaluation of public policies
2. Public expenditure
2.1. Alternative public policies
3. Additional topics
* The content of this block will be determined by the instructor. Possible topics: social choice mechanisms and models of public sector behaviour
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Teaching methods and general organization |
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Official assessment of learning outcomes |
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Assessment during the semester
Examination-based assessment In the case of single assessment, 100% of the final grade is determined by the final exam, which is identical to that used for the continuous mode of assessment. |
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Reading and study resources |
Check availability in Cercabib
Book
ALBÍ IBAÑEZ, Emilio; GONZÁLEZ-PÁRAMO, José M; URBANOS, Rosa Mª; ZUBIRI, Ignacio. Economía pública I. 4a ed. Ariel : Barcelona, 2017.
BARR, Nicholas. The Economics of the welfare state. Oxford : Oxford University Press, 2004
BOADWAY, Robin W; WILDASIN, David E. Economía del sector público. Madrid : Instituto de Estudios Fiscales, 1986
GRUBER, Jonathan. Public Finance and Public Policy. Fifth Edition. New York, NY : Worth Publishers, 2016
MUSGRAVE, Richard A; MUSGRAVE, Peggy B. Hacienda pública : teórica y aplicada. 5a ed. Madrid : McGraw-Hill/Interamericana de España, 1992
ROSEN, Harvey S. (2008): Hacienda pública. 7a ed. Madrid : McGraw-Hill/Interamericana de España, 2008
ROSEN, Harvey S. ; GAYER, Ted. Public finance. 9th ed. Boston, Mass. : McGraw-Hill/Higher Education, 2010
STIGLITZ , Joseph E. La economía del sector público. 3a ed. Barcelona : Antoni Bosch, 2002