Course code

RIM6002.YK

old course code

RIM6002

Course title in Estonian

Avaliku sektori ökonoomika

Course title in English

Economics of the Public Sector

ECTS credits

6.0

Assessment form

Examination

lecturer of 2024/2025 Autumn semester

Rünno Lumiste (language of instruction:Estonian)

lecturer of 2024/2025 Spring semester

Not opened for teaching. Click the study programme link below to see the nominal division schedule.

Course aims

The aim is to give an overview of the main aspects of public sector economics, to analyse when the government should intervene in the economy and how efficient is public decision-making. Furthermore, to give the necessary knowledge of how should government taxes and expenditures be formed.

Brief description of the course

The public sector and its size. Social welfare function. The economic role of government. Market failures. Public goods. Efficient provision of public goods. Public choice, clubs, committees. Principles of taxation: the benefit principle, ability to pay. Tax revenues. Government expenditures: health, education, social insurance. Local governments. Fiscal federalism. Local taxes and services.

Learning outcomes in the course

Upon completing the course the student:
- has an overview of main economic questions and problems related to state revenues and expenditures and fiscal relations between central and local governments;
- analyzes the reasons behind government intervention in the economy and knows how the collective decisions are made;
- is able to express and reason his or her opinion orally or in writing;
- is able to ask questions and start the discussion;
- is able to report the results of the analysis in writing.

Teacher

Indrek Saar

Prerequisite course 1

Entrepreneurship and Economics (RIM6101.YK)

Study programmes containing that course

Politics and Government (RIRIB/23-o.YK)
Politics and Government (RIRIB/23-t.YK)
Public and Business Management (RIHKB/23-t.YK)
Politics and Governance (RIPGB/23.YK)
Public and Business Management (RIHKB/23-o.YK)
Public and Business Management (RIHKB/22-o.YK)
Politics and Government (RIRIB/22.YK)
Politics and Governance (RIPGB/22.YK)
Public and Business Management (RIHKB/22-t.YK)
Politics and Government (RIRIB/21.YK)
Politics and Governance (RIPGB/21.YK)
Public and Business Management (RIHKB/21.YK)
Public and Business Management (RIHKB/20.YK)
Politics and Government (RIRIB/20.YK)
Politics and Governance (RIPGB/20.YK)
Public and Business Management (RIHKB/19.YK)
Politics and Government (RIRIB/19.YK)
Politics and Governance (RIPGB/19.YK)
Politics and Government (RIRIB/18.YK)
Public and Business Management (RIHKB/18.YK)
Politics and Governance (RIPGB/18.YK)
Politics and Government (RIRIB/17.YK)
Public and Business Management (RIHKB/17.YK)
Politics and Governance (RIPGB/17.YK)
Politics and Government (RIRIB/16.YK)
Politics and Governance (RIPGB/16.YK)
Public and Business Management (RIHKB/16.YK)
Environmental Management (MLKSB/15.LT)
Politics and Government (RIRIB/15.YK)
Public and Business Management (RIHKB/15.YK)
Public and Business Management (RIHKB/14.YK)
Public and Business Management (RKHKB/14.YK)
Environmental Management (MLKSB/14.LT)
Politics and Government (RIRIB/14.YK)
Environmental Management (MLKSB/13.LT)
Politics and Government (RIRIB/13.YK)
Public and Business Management (RIHKB/13.YK)
Politics and Government (RIRIB/12.YK)
Public and Business Management (RIHKB/12.YK)
Environmental Management (MLKSB/12.LT)
Public and Business Management (RIHKB/11-1.YK)
Politics and Government (RIRIB/11.YK)
Environmental Management (MLKSB/11.LT)
Public and Business Management (RIHKB/11.YK)
Politics and Government (RIRIB/10-3.YK)
Politics and Government (RIRIB/10.YK)
Environmental Management (MLKSB/10.LT)
Politics and Government (RIRIB/10-1.YK)
Public and Business Management (RIHKB/10.YK)
Politics and Government (RIRIB/10-2.YK)
Politics and Government (RIRIB/10-4.YK)
Environmental Management (MLKSB/09.LT)
Public and Business Management (HKHKB/08.HK)
Environmental Management (MLKSB/08.LT)
Public and Business Management (HKHKB/07.HK)
Public and Business Management (HKHKB/06.HK)
Politics and Government (RIRIB/00.YK)
History (AIAJB/00.HT)