Public Economics

2025/2026

Academic Year

ENG

Instruction in English

6

ECTS credits

Delivered at:

Department of Applied Economics

Course type:

Compulsory course

When:

1 year, 1, 2 module

Instructors

Vladimirskaya, Anastasia

Kolosnitsyna, Marina

Course Syllabus

Abstract

This introductory course in Public Economics covers basic issues including a role of government in modern market economies, market failures and public goods, equity-efficiency trade-offs, public expenditure programmes, and taxation principles. It combines theoretical models with empirical evidence. Objectives and instruments of public policies are demonstrated with examples of health care, pensions, education, housing, crime control, and welfare programmes. General principles of cost-benefit analysis are introduced. The course ends in discussion of increasing government size, its underlying roots, and possible solutions for public spending reduction.