Page 68 - Buku_Panduan_Program_SME_Versi BI_Sesi_20172018

PUBLIC FINANCE

EIB2002 PUBLIC FINANCE
3 Credits

Pre-requisite None

Learning At the end of the course, students are able to:
Outcomes
1. describe how the public sector affect the provision of scarce resources;
2. identify the role of the public sector;
3. analyze the role played by voters in decision making; and
4. explain the principles of federal taxation and finance.

Synopsis The course covers topics such as market failure and the need for the public
sector, the functions of the public sector, Pareto optimality, the theory of public
goods, the concept of externalities and the roles of the private sector and the
public sector in overcoming externalities, the voting systems and public choice,
taxation analysis from the positive perspective and the normative perspective, et
cetera.

References 1. Hyman, D.N. 2005. Public Finance: A Contemporary Application of Theory to
Policy. 8e. Mason, Ohio: South-Western.
2. Rosen, H.S. 2002. Public Finance. 6e. Boston: McGraw-Hill/Irwin.
3. Musgrave, R.A. and Musgrave, P.B. 1989. Public Finance in Theory and
Practice. 5e. New York: McGraw-Hill.
4. Aronson, J.R. 1985. Public Finance. New York: McGraw-Hill.

Soft Skills CS1, CS2, CS3

Assessment Continuous Assessment : 40%
Final Examination : 60%

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