Brief Course Description
1. Course Title:
Public Finance
2. Language of Instruction:
Vietnamese
3. Course Code:
PUF504002
4. Credits:
3
5. Course Objectives:
This module provides fundamental knowledge of public finance, such as: The public sector; market failure and the role of government, the theory of efficiency and equity; public goods and public expenditure; cost-benefit analysis of public projects; tax theory and the framework for efficient and optimal tax analysis; state budget and financing of budget deficit.
Furthermore, the module will help students initially develop the ability to think systemically and critically in analyzing, synthesizing, and evaluating issues in public finance; assessing the effectiveness of tax policies, and applying the principles of state budget management in economic decision-making.
6. Brief Description of Course Content:
This module is designed to consist of three parts: Basic Theories of Public Finance; Overview of Taxation; and State Budget Management. Specifically:
Part 1: Basic Theories of Public Finance. This part will provide an overview of fundamental issues and basic analytical techniques in public finance and the public sector. It includes: The public sector; market failure and the role of government, the theory of efficiency and equity; public goods and public expenditure; and cost-benefit analysis of public projects.
Part 2: Overview of Taxation. This part will present issues concerning the analysis of the impact of taxation on the economy. It includes: Overview of taxation; Taxes and income distribution; and Taxes and economic efficiency.
Part 3: State Budget Management. This part will introduce the principles of state budget management in economic decision-making. It includes: The State Budget; and Financing of the State Budget Deficit.