Public Finance I

Recommended Prerequisites

It is highly recommended the mastery of the subjects taught in the curricular units of Political Economy I and Political Economy II.

Teaching Methods

The course blends lectures and discussion classes.

Learning Outcomes

Provide students with concepts, theoretical models and analytical tools aimed at understand public financial activity. Provide students with the legal-economic framework of the state's financial activities, giving special emphasis to the respective structuring legislative acts of Portugal and of the European Union.

Work Placement(s)

No

Syllabus

Part I - Introduction

1. Preliminary notes: notion and object of study of Public Finance

2. Theories about the role of the State in the Economy

3. The State and the public provision of goods

Part II - Public expenditure

4. Public expenditure: introduction

5. Theories explaining the evolution of public expenditure

6. Public spending in times of crisis

Part III - The Budget

7. Introductory notes

8. The General State Budget: the current structure of powers in financial matters in Portugal

9. Budget balance

10. The budgetary procedure

11. Budget execution

12. Budget’s execution control

Head Lecturer(s)

Maria Matilde Costa Lavouras Francisco

Assessment Methods

Assessment
Exam: 100.0%

Bibliography

Matilde Lavouras, Finanças Públicas - Sumários desenvolvidos, policopiado, 2024

J. J. Teixeira Ribeiro, Lições de Finanças Públicas, 5.ª ed., refundida e atualizada, Coimbra Editora, (1996 ou posterior)

Fernando Rocha Andrade, Textos de Finanças Públicas, IUC, 2020

A. L. Sousa Franco, Finanças Públicas e Direito Financeiro, 4.ª ed., vol. I, Almedina, Coimbra (1992 ou posterior)

Bibliografia específica (obrigatória ou complementar) indicada nos Sumários

Legislação utilizada e mencionada nos Sumários