Political Economy II

Code:

D108 II

Acronym:

EP II

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2016/2017 - 2S (since 13-02-2017 to 26-05-2017)

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
LDB	232	Novo Plano Oficial do ano letivo 2016	1	-	6	-
		Plano Transitório do ano letivo 2016	1	-	6	-

Teaching language

Portuguese

Objectives

This discipline is based on economics and allows the students to understand: - The intervention of the government in the economy and the associated juridical consequences; - The interaction between public economics and politics and its influence on colective choice. - The links that embody individual choice and colective choice and the shape of institutions. - International economic relations within a globalized world; - The economic approaches to international trade, enhancing the gains from the opening of economies; - The payments among nations and the foreign exchange market; - The international movement of labour and capital and the mechanisms of economic integration and the appearing of trade blocs.

Learning outcomes and competences

The syllabus set provide the knowledge on the subjects treated, so students can apply them later in their academic life, personal and professional. Students will obtain skills to understand the economic realities they study throughout their academic training.

 

Working method

Presencial

Program

PART I - PUBLIC ECONOMICS: A STATE INTERVENTION

I - THE FUNCTIONS OF THE STATE

1. The function allocation: the state prosecutor efficiency

2. The redistribution function: the state prosecutor equity

3. The stabilization function: the state prosecutor of macroeconomic stability

II - TAXATION

1. The property income, fees, and other taxes: fundamental notions

2. Analysis of typified indicators on the relative weight of state revenue in the economy

3. The tax system

4. The theory of tax incidence

5. Taxes and social security contributions

6. Tax evasion

III - ECONOMIC ANALYSIS OF DEFICIT AND DEBT

1. The budget constraint

2. Why there is public deficit?
3. The public defici and the public debt in the contex of the European Economic and Monetary Union

IV - THE POLITICAL SYSTEM AND STATE INTERVENTION

1. Democracy and public choice

2. Interactions in the political marketplace

3. Democracy and the growth of public sector

V - THE ECONOMIC APPROACH TO DECENTRALIZATION

1. Introduction and generalities

2. Rational arguments for decentralization

3. The functions of the various levels of government

4. The Tiebout model ("voting with their feet")

5. The "export" OF jurisdictional effects and taxation

6. Intergovernmental transfers

7. Local taxes - taxing property

PART II - INTERNACIONAL ECONOMIC RELATIONS
1. Introdutory concepts
2. Evolution of international economic order
3. Theoretical fundamentals of international trade
4. External trade policies
5. The multilateral system
6. Perspectives of evolution of the multilateral trade system
7. The process of economic and monetary integration in the European Union

 

Mandatory literature

Cruz José Manuel Neves; Economia e política. ISBN: 978-972-32-1583-0
Pereira Paulo Trigo 070; Economia e Finanças Públicas
Medeiros Eduardo Raposo de 1937-; Economia internacional
Cruz José Manuel Neves 1965-; Economia política II
Reis José António Sá 1970-; A^ordem económica internacional
Reis, José; Apontamentos de Economia Internacional (Provided in photocopies durind the classses)

Complementary Bibliography

Cruz José Manuel Neves 1965-; A^influência da burocracia e dos grupos de interesse na escolha pública. ISBN: 978-972-32-1761-2
Forte, Francesco; Principles of public economics. ISBN: 9781858986739
Fernandes, Abel L. Costa; A Economia das Finanças públicas, Almedina, 2010. ISBN: 978 972 40 4337 1
Posner Richard A.; The^economics of private law. ISBN: 1-85898-642-7
Rosen Harvey S.; Public finance. ISBN: 0-07-116738-2
Barbosa António Pinto; Economia pública. ISBN: 972-8298-67-6
Mankiw N. Gregory; Introdução à economia. ISBN: 85-352-0853-4
Samuelson Paul A.; Economia. ISBN: 972-9241-40-6
Cullis John; Public finance and public choice. ISBN: 0-19-877579-2
Pereira Paulo Trigo 070; Economia e finanças públicas
Mota Pedro Infante; A^função jurisdicional no sistema GATT/OMC. ISBN: 978-972-40-5064-5
Cruz José Manuel Neves 1965-; A^intervenção pública no domínio dos cuidados de saúde
Cruz José Manuel Neves 1965-; Bem público "cultura"
Cruz José Manuel Neves 1965-; Equacionando a transformação da disciplina Economia Internacional numa renovada Economia Política
Cruz José Manuel Neves 1965-; Análise económica da procura no mercado político. ISBN: 972-8307-44-6
Cruz José Manuel Neves 1965-; Desafios jurídicos, económicos e políticos às crises mundiais
Musgrave Richard A.; Public finance in theory and practice. ISBN: 0-07-100227-8
Pugel Thomas A.; International economics. ISBN: 0-07-248748-8
Cruz José Manuel Neves 1965-; Reequacionando a acção do Estado na formulação de políticas de inovação
Ribeiro José Joaquim Teixeira 1908-; Lições de finanças públicas. ISBN: 972-32-0407-X
Reis José António Sá 1970-; A^resolução de litígios no quadro do sistema comercial multilateral
Cruz José Manuel Neves 1965-; Evolução do quadro teórico do comércio internacional

Teaching methods and learning activities

Theoretical and practical classes: Exposition of the contents of the discipline with the support of graphics from economics; use of case-studies based on information published in the media.

Evaluation Type

Evaluation with final exam

Assessment Components

Designation	Weight (%)
Exame	100,00
Total:	100,00

Eligibility for exams

Obtaining the written exam grading equal to or higher than 10.

Calculation formula of final grade

Marks obtained in the written examination.

Classification improvement

See the Assessement Regulations of this Faculty.