| ses # | Topics | key dates |
|---|---|---|
| 1 | Introduction to Course | |
| 2 | Justifications for Public Finance: Public Goods and Externalities | Student Presentation: Externalities |
| 3 | Ethical Frameworks | |
| 4 | Justifications for Public Finance: Economic Development | |
| 5 | The Fiscal Gap: Fiscal Health and Analysis | |
| 6 |
The Fiscal Gap: Revenues and Expenditures Budget Deficits and Inflation |
Problem set 1 due one day after session 6 |
| 7 | Public Finance Theory: Efficiency - Optimal Taxation, Optimal User Fees | Student Presentation: Efficiency |
| 8 | Efficiency (cont.) | Student Presentation: Incidence |
| 9 | Public Finance Theory: Equity, Incidence in the General Equilibrium Model | |
| 10 | Incidence (cont.) | |
| 11 | Property Taxation in Developing Countries | |
| 12 | Guest Lecture on Property Tax Guest Speaker: Yu-Hung Hong Fellow at the Lincoln Institute of Land Policy Topic: Current Property Tax Reforms in China |
|
| 13 | Property Tax (cont.) | |
| 14 | Tax Reform |
Student Presentation: Tax Reform Problem set 2 due one day before session 14 |
| 15 | User Fees in Developing Countries | Student Presentation: User Fees |
| 16 | Intergovernmental Transfers | Student Presentation: Transfers |
| 17 | Fiscal Federalism, Decentralization | |
| 18 | Fiscal Federalism, Decentralization (cont.) |
Student Presentation: The Chilean Case Problem set 3 due one day after session 18 |
| 19 | Source of Finance: Private Sector Participation | Student Presentation: Private Sector |
| 20 | Private Sector (cont.) | |
| 21 | Case Study of Private Sector Participation | Problem set 4 due one day before session 21 |
| 22 | Source of Finance: International Lending Agencies: Programming Assistance, Conditionalities, Debt, Inflation, Structural Adjustment | Student Presentation: International Lending |
| 23 | International Lending (cont.) | |
| 24 | MicroFinance History and Design | Student Presentation: MicroFinance |
| 25 | MicroFinance Case | |
| 26 | Final Exam |