Course guide of Public Sector Economics II (2391137)

• Although officially no prerequisites are necessary, it is highly recommended to have taken and passed "Economics of the Public Sector I" of the Bachelor's Degree in Economics.

• Income tax.
• Company tax.
• Wealth tax.
• Indirect tax: VAT.
• Theoretical aspects of fiscal decentralisation.
• Social Security in Spain.

The student will learn/know:

• The most relevant features of tax systems
• The economic connotations of the most relevant taxes in the tax system.
• Tax instruments with economic impact and their alternatives
• Economic foundations of the theory of decentralisation.
• The structure and sustainability of the social security system.

• THEORETICAL AGENDA:
• Chapter 1. General concepts and theory of taxation: 1. Introduction. 2. Taxation principles. 3. Analysis of comparative tax systems. 4. Tax evasion and tax inspection.
• Chapter 2. Income tax: 1. Introduction. 2. Income and ability to pay. 3. Taxable income. 4. Income tax and progressivity. 5. Taxpaying unit. 6. Income tax and inflation.
• Chapter 3. Corporate income tax: 1. Introduction. 2. Structure of the tax. 3. Corporate income tax and dividend policy. 4. Corporate income tax and the debt/equity ratio. 5. Corporate tax and investment. 6. Corporate tax and inflation. 7. Income tax and corporate tax integration.
• Chapter 4. Wealth taxation: 1. Wealth tax. 2. Inheritance and gift tax. 3. Transfer tax. 4. Tax on real estate.
• Chapter 5. Indirect Taxation: VAT: 1. Introduction. 2. Selective excise duties. 3. General turnover taxes. 4. Value added taxes.
• Chapter 6. Social Security: 1. Introduction. 2. Historical background. 3. The financing of Social Security. 4. The pension system. 5. The debate on the reform of Social Security.

• General concepts.
• Seminar: Relevance of each and every tax element.
• Exercises: General examples of tax debt collection procedures.
• Income tax.
• Seminar: Progressivity in Personal Income Tax. Exercises: Personal Income Tax Settlement Scenarios.
• Corporate taxation.
• Seminar: Taxation of companies. Exercises: Corporation tax settlement scenarios.
• Wealth taxation
• Seminar. The abolition of wealth tax. Exercises: Wealth tax settlement scenarios. Indirect taxation: VAT.
• Seminar: The ratio between direct and indirect taxes in Spain and the EU. Exercises: VAT settlement scenarios.
• Social Security.
• Seminar: The debate on Social Security reform.
• Exercises: Social Security Contribution settlement scenarios.

• Gruber, J. Public Finance & Public Policy, 2017. Worth Publishers, New York USA

• Albi, E. García Ariznavarreta, J.L. (2007). Sistema fiscal español. Barcelona. Editorial Ariel Economía.
• Bustos, A. (2007). Lecciones de Hacienda Pública. Colex. Madrid.
• García Villarejo, Salinas Sánchez, J. (1994) Manual de Hacienda Pública General y de España. Tecnos. Madrid.
• Giménez Montero, A. (2002): Federalismo Fiscal. Teoría y Práctica, Tirant lo Blanch, Valencia.
• Gonzalo y González, L. (2004): El sector Público en España. Editorial Dykinson, Madrid.
• EXERCISES:
• Montero Granados, Roberto. (2015). Economía del Sector Público II: Análisis económico de la recaudación de impuestos. Ed. Técnica Avicam. Granada.
• Domínguez, J.M. (2004). Ejercicios de Hacienda Pública. Pirámide. Madrid.
• Moreno Moreno, C. y Paredes Gómez, R. (2006): Fiscalidad individual y Empresarial. Ejercicios resueltos. Editorial Cívitas. Madrid.

• Stiglitz, J.E. (2000) The Economics of the Public Sector, Antony Bosch (Available online)

• MD01. Docencia presencial en el aula 
• MD02. Estudio individualizado del alumno, búsqueda, consulta y tratamiento de información, resolución de problemas y casos prácticos, y realización de trabajos y exposiciones. 
• MD03. Tutorías individuales y/o colectivas y evaluación  

• The subject is assessed on the basis of four parameters:
• Participatory class attendance: 20%
• Non-releaseable partial exercises: 20%.
• Classroom presentations: 10%
• Final exam: 50%

• The exam will include multiple choice questions and essays

STUDENTS WITH DISABILITIES AND SPECIAL NEEDS:

The Department of Applied Economics http://economia-aplicada.ugr.es/, in accordance with the Regulations for the attention to students with disabilities and other specific educational support needs (approved by the Governing Board of the University of Granada on 20th September 2016) will promote the right to education under conditions of equal opportunities to students with disabilities and other specific educational support needs. The necessary assistance actions will be established to achieve their full and effective inclusion, guaranteeing their right to inclusive education, in accordance with the principles of non-discrimination, equal opportunities and universal accessibility, so that they can achieve the maximum possible development of their personal and , in any case, the objectives established in general for all students. Likewise, according to article 11 current Rules for Assessment of students at the University of Granada, the evaluation systems will be adapted to students with disabilities or other specific needs of educational support, guaranteeing in any case their rights and favouring their inclusion in university studies.