Teaching plan for the course unit

 

 

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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

 

 

Estimated learning time

Total number of hours 150

 

Face-to-face and/or online activities

60

 

-  Lecture with practical component

Face-to-face

 

60

Supervised project

40

Independent learning

50

 

 

Recommendations

 

Students are recommended to have completed the following courses: Microeconomics I and Introduction to Public Sector Economics.

 

 

Competences / Learning outcomes to be gained during study

 

   -

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.)

   -

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.)

   -

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.)

   -

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.)

Learning objectives

 

Referring to knowledge

The main objective of this course is to provide students with a broad understanding of:

— The scope of public sector activity, the indicators used to measure the size of the public sector, and the structure and functions of public sector budgets.

— The economic rationale for public sector intervention and the principal mechanisms of public decision-making.

— The role of equity in government expenditure programmes, and the tools used to measure the redistributive effects of public spending policies. The concepts of efficiency and effectiveness in public spending, together with the techniques employed to evaluate them.

 

Referring to abilities, skills

Upon completion of the course, students will be able to:

— Interpret the main sources of statistical information on public sector activity and analyse the content and structure of public budgets.

— Identify instances of market failure through case study analysis and assess the suitability of alternative policy instruments for their correction.

— Interpret specific budgetary decisions, taking into account the decision-making rules and institutional actors involved.

— Discuss and critically assess the potential effects of government spending programmes in terms of equity, efficiency, and effectiveness

 

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.

 

 

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

 

 

Teaching methods and general organization

 


The teaching methodology for these topics is based on theoretical lectures with a practical component complemented by practical problem-solving sessions, in which students are expected to apply theoretical concepts to real-world cases.

Groups taught in English follow a different teaching methodology, which is specified in the group’s specific course plan.

 

 

Official assessment of learning outcomes

 

Assessment during the semester

— In-class activities. The number of assessments and their dates will be provided in the course programme at the beginning of the semester.

— Continuous assessment tests are conducted once on the date specified for each group in the session calendar; no alternative dates are available.

— English-taught groups may follow a different continuous assessment procedure, which is detailed in the specific programme for that group.

The final grade is calculated as follows:

• If the mark awarded for the final examination is greater than or equal to 4 out of 10, the final grade will be the higher of the following:
— the weighted average of the final examination (60%) and the other assessed activities (40%);
— the final examination mark alone.

• If the mark awarded for the final examination is less than 4 out of 10, the student appears as a "fail" on the official grade record.

Students who have opted for continuous assessment and do not pass the course may sit the repeat assessment examination on the date established by the Academic Board. In this case, the procedure for repeat assessment is the same as that established for single assessment. The repeat assessment consists of an examination with the same characteristics as that of the ordinary single-assessment exam.

Assessment of competencies

The proposed assessments are designed to evaluate students’ analytical and summary skills. Scenarios replicate real-world events, and students are required to make decisions in response to these scenarios, justifying their reasoning using the concepts covered in the course.

For students in the English-language group, the single mode of assessment may differ from that outlined above (in all instances, see the course programme for this group).

 

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.

Students who have opted for single and do not pass the course may sit the repeat assessment examination on the date established by the Academic Board. In this case, the procedure for repeat assessment is the same as that established for single assessment. The repeat assessment consists of an examination with the same characteristics as that of the ordinary single-assessment exam.

For students in the English-language group, the single mode of assessment may differ from that outlined above (in all instances, see the course programme for this group).

 

 

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.

Catāleg UB  Enllaç

BARR, Nicholas. The Economics of the welfare state. Oxford : Oxford University Press, 2004

Catāleg UB  Enllaç

BOADWAY, Robin W; WILDASIN, David E. Economía del sector público. Madrid : Instituto de Estudios Fiscales, 1986

Catāleg UB  Enllaç

GRUBER, Jonathan. Public Finance and Public Policy. Fifth Edition. New York, NY : Worth Publishers, 2016

Catāleg UB  Enllaç

MUSGRAVE, Richard A; MUSGRAVE, Peggy B. Hacienda pública : teórica y aplicada. 5a ed. Madrid  : McGraw-Hill/Interamericana de España, 1992

Catāleg UB  Enllaç

ROSEN, Harvey S. (2008): Hacienda pública. 7a ed. Madrid : McGraw-Hill/Interamericana de España, 2008

Catāleg UB  Enllaç

ROSEN, Harvey S. ; GAYER, Ted. Public finance. 9th ed. Boston, Mass. : McGraw-Hill/Higher Education, 2010

Catāleg UB  Enllaç

STIGLITZ , Joseph E. La economía del sector público. 3a ed. Barcelona : Antoni Bosch, 2002

Catāleg UB  Enllaç