PUBLIC FINANCE ASSIGNMENT
For each mini essay topic:
-Reflect on the topic including its scope
-Read at least a book chapter or a journal article
-Reflect on every aspect of the topic
-Write 1 to 2 pages with a good introduction, the contents and a conclusion
1.) The structure of the public sector (1 page)
2.) Pareto optimality and efficiency conditions in a two-period inter-temporal model (1page)
3.) Optimal provision of public good (1page)
4.) Foundations of market failure and of government failure (1page)
5.) Financial, economic and social cost-benefit analysis (1.5pages)
6.) Taxable capacity, elasticity and buoyancy (1.5pages)
7.) Optimal commodity taxation and optimal income taxation (1.5pages)
8.) Nature of tax design and structure, tax administration, tax evasion and avoidance, and tax reforms in developing countries (1.5pages)
9.) Principles of intergovernmental relations and fiscal federalism (1.5pages)
Reference materials:
1.Leach, J. (2004), A course in Public Economics, Cambridge: Cambridge University Press
2.Gruber, J. (2011) pUBLIC fINANCE AND policy, 3rd edition, New York: Worth Publishers
3.Cornes, R and T.Sandler (1996), The Theory of Externalities,Public Goods, and Club Goods, Cambridge:
Cambridge University Press
Solution Preview
Introduction
The public sector consists of firms that are owned and operated by the core government and exist to render services to all citizens’ (Musgrave, 1973).
The public sector comprises the state and all publicly funded agencies, enterprises and form of entities that tends to convey federal programs, goods, and services to all citizens. An organization structure rules and gives out the instructions on how the employees and the management interact with each other within a well-established agency. The public sector just like business uses their structures to achieve objectives of productivity and profitability.
(3,618 words)