ECTS credits ECTS credits: 6
ECTS Hours Rules/Memories Student's work ECTS: 99 Hours of tutorials: 3 Expository Class: 24 Interactive Classroom: 24 Total: 150
Use languages Spanish, Galician
Type: Ordinary Degree Subject RD 1393/2007 - 822/2021
Departments: Applied Economics
Areas: Applied Economics
Center Faculty of Law
Call: Second Semester
Teaching: With teaching
Enrolment: Enrollable | 1st year (Yes)
Provide students with the basics of Macroeconomics and Public Finance, so that they can achieve a comprehensive view of the economic role of the state.
- Basic concepts. Previous notions of Macroeconomics and Public Sector. Financial operations and other forms of public sector activity. The public budget: structure, fundamental figures and budgeting techniques. Market failures and collective failures.
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I.The Public Economics.
.The public sector and financial activity
. Foundations Public Activity. Market failures
. The functions of public finances
. Economic efficiency and competitive markets
. Types of intervention: instruments
The accounts of the Public Administration
· The public sector budget
. concept and budget cycle
. budgetary content: classification and budgetary formulas
. the budget in Spain
Collective Choice and Behavior of Public Sector
II. PUBLIC SPENDING
II. Public expenditure. Efficiency and equity
II. Analise Instruments of Public Expenditure: efficiency, project analysis, etc..
II. Public spending on the welfare state
III. PUBLIC INCOME
III. Tax Structure
III. Principles of taxation
III. Taxation and efficiency. The optimal tax
III. Economic analysis of taxation
III. The tax system. Analysis of the different taxes
III. Other revenue
- ALBI, E. Et al. (2017): Economía Pública I y II, Ed. Ariel, Barcelona. (available in eBook)
- Bustos Gisbert, A., Lecciones de Hacienda Pública, Colex, 2003. (available in eBook)
- Caamaño Alegre, J., El control del gasto bajo un prisma de Gestión Pública: análisis teórico y aplicaciones a la IGAE, Instituto de Estudios Fiscales (IEF), 2007.
- Corona, J. F. and Díaz, A., Introducción a la Hacienda Pública, Ariel, 2003.
- Costa, M.; Durán, J. M.; Espasa, M.; Esteller, A. and Mora, A., Teoría Básica de los impuestos: un enfoque económico, Thomson, Civitas, 2005.
- Escuela de Hacienda Pública, Manual de Hacienda Pública, IEF, 1995.
- García Villarejo, A. and Salinas Sánchez, J., Manual de Hacienda Pública, Tecnos, 1996.
- Moldes Teo, E., Elección pública: hacia una teoría de los fallos colectivos, IEF, 1987.
- Rosen, H. S., Hacienda Pública, McGraw-Hill, 2007.
- To understand the complex role of public institutions in mixed economies, and assimilate and apply to specific problems the basics and main contributions of Public Finance (and, by extension, those of Public Economics and Economic Policy).
- To know the basic financial mechanisms of the Public Sector in budgetary terms, and understand the economic structure of incomes and the performance of the most significant taxes from an economic perspective.
- To understand the economic importance of public regulation and be insinuated into the application of economic analysis to law.
- To calculate several macro-figures by applying the identities of the national accounts, deflate economic figures, and determine the various balances of the international balance of payments of a country.
- To easily handle the national, regional and local budgets, and to acquire a minimum culture on the public deficit, budgetary stability, effects on changes in the CPI, interest rates, value of the euro, purchasing power parities, etc.
- To apply the tools of economic analysis to public regulation and the legal system in general.
- To understand the economic problems of the main areas of provision of public goods and services, and major programs of public transfers to private agents.
- To handle the quantifying elements more relevant and common to all tax systems in personal income taxes, corporate and sales taxes, as well as how to apply alternative tax rates, income groups, income updating, types of exempt minimum, etc.
- To identify the policy actions susceptible to contain inflation / generate employment / stimulate economic growth... and its possible adverse effects on other macroeconomic objectives.
- To manage Internet for obtaining economic and fiscal data from Eurostat, OECD, IMF, ECB and Bank of Spain, Spanish Statistical Office, etc.
METHODOLOGY
SCENARIO 1.FACE-TO-FACE TEACHING.
The work in the classrooms starts with the explanation of each subject of the programme by the teaching staff (synchronous teaching). It will be preceded by a presentation-outline of the same and the objectives to be achieved. The students will be able to have a detailed outline of the contents of each subject beforehand. In any case, they are proposed as participative classes, devoting the interactive classes to the analysis and debate of the results of the activities proposed for each topic that the students must carry out beforehand and personally. The type of activity proposed will vary depending on the contents of each topic: questions to evaluate the learning of contents, practical cases built from real examples, critical comments of texts, data analysis, etc... The tutorials will be mainly face-to-face (personal and classroom). All the information of the subject, including the teaching guide of the subject, will be available to the students in the virtual classroom of the subject.
For other scenarios derived from the Covid pandemic situation, the guidelines set out in the Contingency Plan for the development of teaching in the academic year 2021-2022, approved by the Governing Council on 30 April 2021, will be applied. In particular for this subject, it appears in the Observations section.
ASSESSMENT SYSTEM
In this subject with continuous evaluation, the continuous effort of the students throughout the course will be valued, basically, and as an indication:
- participation in the classroom: questions, answers to the questions of the teaching staff, etc.
- degree of compliance and quality of the activities carried out of the proposals in each subject
- a short test on one or more programme themes will be used as a complementary assessment element, and only if necessary in view of the poor results of previous activities.
In the case of fraudulent exercises or tests, it will be applied or included in the Regulations for the Evaluation of the Academic Performance of the students and for the revision of grades.
The scenario 1 is setet out below. For other scenarios derived from the Covid pandemic situation, the guidelines set out in the Contingency Plan for the development of teaching in the academic year 2021-2022, approved by the Governing Council on 30 April 2021, will be applied. In particular for this subject, it appears in the Observations section.
For the purposes of applying the provisions of article 5. 2 of the USC regulations on permanence in bachelor's and master's degrees, it will be understood that a student did not carry out any evaluable academic activity when he/she does not sit the final exam of the subject, in which case he/she will be recorded as "not submitted".
SCENARIO 1.
Continuous assessment and final evaluation: this will be applied to students who regularly attend class, following the provisions of the degree report.
In this case, all the activities that must be carried out throughout the course are taken into account (evaluating aspects such as compliance with the activities proposed, clarity and expository capacity, mastery of concepts of the subject, active and collaborative participation and, where appropriate, short tests), and also the final evaluation:
- continuous assessment: 30%.
- final evaluation: 70% (final exam in person).
Those students who have "teaching exemption" will be evaluated 100% by the exam grade.
Presence Hours: 60
Personalized Study: 90
From the first day, the students must try to be introduced and understand the economic terminology, although it will be an additional effort in the first weeks of the academic year. They will have to order and review the notes taken in the sessions and solve any doubt in the tutorials.
EMERGENCY PLAN
METHODOLOGY
SCENARIO 2. COMBINATION OF FACE-TO-FACE AND VIRTUAL TEACHING, DEPENDING ON THE GUIDELINES ESTABLISHED BY THE DEAN'S OFFICE OR THE RECTOR'S OFFICE FOR THIS SCENARIO AND DEPENDING ON THE HEALTH MEASURES IN FORCE AT THE TIME.
Work in the classroom will be combined with online explanation through the Teams platform, respecting the official timetables established for this subject (synchronous teaching). In the virtual teaching, they are also proposed as participative classes, dedicating the interactive classes to the analysis and debate of the results of the proposed activities for each topic that the students must carry out previously and personally. The type of activity proposed will vary depending on the contents of each topic: questions for evaluating the learning of contents, practical cases built from real examples, critical comments on texts, data analysis, etc. The teaching in the interactive classes can be synchronous or asynchronous. All the information of the subject, including the teaching guide of the subject, will be available to the students in the virtual classroom of the subject. The tutorials will be primarily by telematics (through the Teams platform), being enabled a Forum of Questions and a Forum of Comments of the subject.
SCENARIO 3.- VIRTUAL TEACHING.
The teaching will be developed through the channels that are enabled through the virtual campus, respecting the official schedules established for this subject (synchronous teaching). Thus, the teaching staff will gradually upload, according to the order established in the teaching guide, all the normative and explanatory material of each of the sections of the syllabus, as well as the material of the interactive sessions. In virtual teaching, participatory classes are also proposed, devoting the interactive classes to the analysis and discussion of the results of the activities proposed for each topic, which students must carry out beforehand and in person. The type of activity proposed will vary according to the contents of each topic: questions for evaluating the learning of contents, practical cases built from real examples, critical comments on texts, data analysis, etc. Teaching in the interactive classes may be synchronous or asynchronous. All the information of the subject, including the teaching guide of the subject, will be available to the students in the virtual classroom of the subject. Every week the tutorials will be attended during the official established timetable (and also through the virtual campus in the Forum of doubts) so that the students have the possibility to ask questions and doubts. It will be essential to follow the subject day by day and, as the material becomes available to the students, as only in this case will it be possible to successfully complete the course.
ASSESSMENT SYSTEM
In this subject with continuous evaluation, the continuous effort of the students throughout the course will be valued, basically, and as an indication:
- participation in the classroom: questions, answers to the questions of the teaching staff, etc.
- degree of compliance and quality of the activities carried out of the proposals in each subject
- a short test on one or more programme themes will be used as a complementary assessment element, and only if necessary in view of the poor results of previous activities.
In the case of fraudulent exercises or tests, it will be applied or included in the Regulations for the Evaluation of the Academic Performance of the students and for the revision of grades.
The scenarios 2 and 3 to be considered are set out below. However, if scenarios 2 and 3 are applied, the assessment system will be published in the teaching guide for this subject, revised and adjusted to the reality of the situation at that time.
For the purposes of applying the provisions of article 5. 2 of the USC regulations on permanence in bachelor's and master's degrees, it will be understood that a student did not carry out any evaluable academic activity when he/she does not sit the final exam of the subject, in which case he/she will be recorded as "not submitted". Those students who have "teaching exemption" will be evaluated 100% by the exam grade.
SCENARIO 2
Continuous evaluation and final assessment: this will be applied to students who regularly attend classes (face-to-face and virtual), following the provisions of the degree report.
In this case, all the activities that must be carried out throughout the course are taken into account (evaluating aspects such as the fulfilment of the activities proposed, clarity and expository capacity, mastery of concepts related to the subject, active and collaborative participation and, where appropriate, short tests), as well as the final evaluation:
- continuous assessment: 30%.
- final evaluation: 70% (final exam): the exam will be either classroom or telematic in accordance with the guidelines established by the Dean's Office or the Rector's Office and the health measures in force at the time for scenario 2.
For the second opportunity, for each evaluation option, the same evaluation system will be maintained.
SCENARIO 3
Continuous evaluation and final assessment: this will be applied to students who regularly attend classes (face-to-face and virtual), following the provisions of the degree report.
In this case, all the activities that must be carried out throughout the course are taken into account (evaluating aspects such as the fulfilment of the activities proposed, clarity and expository capacity, mastery of concepts related to the subject, active and collaborative participation and, where appropriate, short tests), as well as the final evaluation:
- continuous assessment: 30%.
- final evaluation: 70% (final examination): the examination will be telematic in accordance with the guidelines established by the Deanery or the Rectorate and the health measures in force at the time for scenario 3.
For the second opportunity, for each evaluation option, the same evaluation system will be maintained.
Rosa Maria Regueiro Ferreira
Coordinador/a- Department
- Applied Economics
- Area
- Applied Economics
- Phone
- 881811574
- rosamaria.regueiro [at] usc.es
- Category
- Professor: LOU (Organic Law for Universities) PhD Assistant Professor
Juan Jose Verdes Gomez
- Department
- Applied Economics
- Area
- Applied Economics
- juanjose.verdes.gomez [at] usc.es
- Category
- Professor: LOU (Organic Law for Universities) Associate University Professor
| Wednesday | |||
|---|---|---|---|
| 09:00-10:00 | Grupo B - horario de mañana (G-O) | Galician | Assembly Hall |
| 11:00-12:00 | Grupo A - horario de mañana (A-F) | Spanish | Classroom 1 |
| 17:00-18:00 | Grupo C - horario de tarde (P-Z) | Spanish | Classroom 1 |
| Thursday | |||
| 09:00-10:30 | Grupo B - horario de mañana (G-O) | Galician | Assembly Hall |
| 10:30-12:00 | Grupo A - horario de mañana (A-F) | Spanish | Classroom 1 |
| 16:30-18:00 | Grupo C - horario de tarde (P-Z) | Spanish | Classroom 1 |
| Friday | |||
| 09:00-10:30 | Grupo B - horario de mañana (G-O) | Galician | Assembly Hall |
| 10:30-12:00 | Grupo A - horario de mañana (A-F) | Spanish | Classroom 1 |
| 16:30-18:00 | Grupo C - horario de tarde (P-Z) | Spanish | Classroom 1 |
| 05.31.2022 10:00-13:00 | Grupo A - horario de mañana (A-F) | Assembly Hall |
| 05.31.2022 13:00-16:00 | Grupo B - horario de mañana (G-O) | Assembly Hall |
| 05.31.2022 16:00-19:00 | Grupo C - horario de tarde (P-Z) | Assembly Hall |
| 06.29.2022 10:00-13:00 | Grupo A - horario de mañana (A-F) | Assembly Hall |
| 06.29.2022 13:00-16:00 | Grupo B - horario de mañana (G-O) | Assembly Hall |
| 06.29.2022 16:00-19:00 | Grupo C - horario de tarde (P-Z) | Assembly Hall |