Public Finance

Code:

D202

Acronym:

FINP

Keywords
Classification	Keyword
OFICIAL	Legal Sciences

Instance: 2003/2004 - A

Active?	Yes
Course/CS Responsible:	Law

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
D	179	Official Study Plan - LD	2	-	13	-

Objectives

The material taught in the theory classes is designed to give students mastery of the fundamental concepts of finance lase as the entrepreneurial sector of the State, local and regional finance, the budget, taxes, spending.
It also aims, as set out in the Pedagogical Guide, to expound the fundamental notions of the science of public finances.
The practical classes will be used to resolve practical cases, designed to establish the application of the theoretical knowledge.

Program

1 Introduction
1.1 – Financial activity. Public Finances and Private Finances.
1.2 – The Science of Finances and Financial Law.

2 The Historical Evolution of Public Finances: classical or neutral finances and modern or functional finances.

3 Financial Institutions
3.1 – The public sector
3.2 – Public Administration
3.3 – Social Security
3.4 – The State Enterprise sector
3.5 – The Autonomous Regions
3.6 – Local Authorities

4 The State Budget
4.1 – Notion and functions
4.2 – Principles and fundamental rules
4.3 – Balancing the budget
4.4 – Structure of the Budget
4.5 – Drawing up the Budget
4.6 – Approval of the Budget
4.7 – Executing the Budget
4.8 – Closing the Accounts
4.9 – Auditing the Budget and Accounts

5 Public expenditure and income
5.1 – General Notions
5.2 – Income: credit, taxation and earnings from assets. Generic reference.

6 Taxes
6.1 – Fundamental principles: legality and non-retroactivity
6.2 – Concepts of incidence, settlement, assessment and collection
6.3 – Elements of fiscal legal relations
6.4 – Kinds of taxes
6.5 – The Portuguese taxation system
6.6 – Economic effects: repercussions

7 Public spending
7.1 – The various categories
7.2 – It different economic effects: multiplier, accelerator; propeller

8 - Financial policies: redistribution, stabilisation and development.

Main Bibliography

SOUSA FRANCO, Finanças Públicas e Direito Financeiro, volumes I II , 4th edition, Coimbra, 1999
TEIXEIRA RIBEIRO, Lições de Finanças Públicas, 5th edition, Coimbra, 1997
JORGE BACELAR GOUVEIA, Legislação de Direito Financeiro, Coimbra, 1999
R. MUSGRAVE/ P. MUSGRAVE, Public Finance in Theory and Practice, New York, 1989
P. SAMUELSON; W. NORDAHUS, Economia, 16th edition. Lisbon, 1999
ANTÓNIO LOBO XAVIER, O Orçamento como Lei, Coimbra, 1990
GLÓRIA TEIXEIRA, A Tributação do Rendimento. Perspectiva Nacional e Internacional, Coimbra, 2000
SALDANHA SANCHES, Manual de Direito Fiscal, Lisbon, 1998
AA VV, Estudos sobre a Jurisprudência do Tribunal Constitucional, Lisbon, 1993
CASALTA NABAIS, Direito Fiscal, Coimbra, 2000

Complementary Bibliography

ÁGUILA, Rafael, 2003, “Manual de Ciência Política”, 3ª edição (1ª edição – 1997), Editorial Trotta, Espanha.

ATKINSON, Anthony e STIGLITZ, George, 1987; “Lectures on Public Economics”, 2ª edição, com 1ª edição em 1980, New York: McGraw-Hill Book Company.

AUERBACH, Alan e FELDSTEIN, Martin, 1997 e 1999; “Handbook of Public Economics” volume 1 e 2, com 1ª edição respectivamente em 1985 e 1987, Elsevier Science, Amesterdam, The Netherlands.

BUCHANAN, James, 1988; “The Economic Theory of Politics Reborn”, Challenge, vol 31 nº 2, pág. 4 – 10.

BUCHANAN, James e MUSGRAVE, Richard, 1999; “Public Finance and Public Choice: Two Contrasting Visions of the State”, Massachusetts Institute of Technology (MIT), MIT Press, USA.

CASTANHEIRA NEVES, Maria, 2004, “Governo e Administração Local”, Coimbra Editora.

CÉSAR DAS NEVES, João e REBELO, Sérgio, 1996; “Executivos Interpelam Portugal: Questões-Chave da Nossa Economia”, Editora Verbo.

CHAFFLON, Bernard e WEBER, Luc, 1984; “Le Financement du Secteur Public”, PUF.

COASE, Ronald, 1960, “The Problem of Social Cost”, Journal of Law and Economics, vol. 3, October, pág. 1-44.

CORDES, Joseph, 1997; “Reconciling Normative and Positive Theories of Government”, The American Economic Review, vol. 87 nº 2, pág. 169 – 172.

COSTA, José, 1993; Conjunto de apontamentos não publicados das aulas da disciplina de Finanças Públicas do Mestrado em Finanças da Universidade Portucalense.

CRUZ, José Neves; 1998, Análise Económica da Procura no Mercado Político: Quem Determina as Escolhas Públicas: Eleitores ou Grupos de Interesse?”, editado por Edições Vida Económica, Porto.

CULLIS, John e JONES, Philip, 1998; “Public Finance and Public Choice”, 2ª edição, com 1ª edição de 1992, Oxford University Press, UK.

GAMEIRO, António R., 2004; “O Controlo Parlamentar das Finanças Públicas em Portugal”, Almedina, Coimbra.

HAMLIN, Alan, 1993, “Public Expenditure and Political Process” em “ The Growth of the Public Sector, Theories and International Evidence”, editado por Norman Gemmell, publicado por Edward Elgar Publishing Limited, Gower House, England.

KEMP, Simon, 2002, “Public Goods and Public Wants: A Psychological Approach to Government Spending”, Edward Elgar, U.K.

LAFFONT, Jean-Jacques, 1988, “Fondments de L´Economie Publique:Cours de Théorie Microéconomique”, 2ª edição, Economica.

MARCHAND, Christophe, 1999; “Économie des Interventions de L´Etat: Théorie des Choix Publics”, colecção “Que sais-je ?”, PUF.

MCNUTT, Patrick, 2002, “The Economics of Public Choice”, 2ª edição, Edward Elgar, U.K.

MOSER, Peter, 2000, “The Political Economy of Democratic Institutions”, The Locke Institute, Edward Elgar, U.K.

MUELLER, Dennis, 2003; “Public Choice III”, Cambridge, Cambridge University Press.

MUELLER, Dennis, 1997, “Perspectives on Public Choice: A Handbook”, Cambridge University Press.

NABAIS, José C., 2003, “Direito Fiscal”, Almedina.

PERDOMO, Óscar Bergasa, 2001, “Economia Pública Moderna”, Ediciones Pirámide, Madrid

PIERCE, David W. e Turner, R. Kerry, 1990, “Economia de los Recursos Naturales y del Medio Ambiente”, traduzido de “Economics of Natural Resources and the Environment”, Celeste Ediciones, 1995.

PIGOU, Arthur, 1920; “La Economia del Bienestar”, Aguilar, Madrid 1946; primeira publicação: “The Economics of Welfare”, Macmillan, Londres.

PORTO, Manuel, 2004, “Economia: Um texto introdutório”, Almedina.

PRIETO, Luís, 2004, “Derecho Financeiro y tributário – Parte generale”, ISBN – 84-9767-460-x

PUY FRAGA, Pedro, 1993; “Busqueda de R