Teaching Methodologies
The classes will be both expository and interactive, incorporating case studies relevant to the current context of public finances. Activities
designed to encourage research will also be included, involving the analysis and interpretation of recent scientific articles published in
journals specializing in public finance. Finally, individual and group projects on current topics in Portuguese and European economies within
the framework of public finances will be carried out.
Learning Results
1 .Understand the State’s intervention in the economy (Knowledge, skills, and competencies to be developed by students: Understanding
the relationship between the State and the economy, as well as the various socioeconomic reasons that justify State intervention in the
economy.)
2.Study the State Budget (Knowledge, skills, and competencies to be developed by students: Knowledge and understanding of the concept
of the State Budget, as well as all the stages involved in its preparation, from conception to approval, including the recording and
classification of public revenues and expenditures.)
3.Examine the impact of European integration on public finances (Knowledge, skills, and competencies to be developed by students:
Understanding the impact of European integration, with a particular focus on the evolution of public debt in the context of the single currency
and on fiscal harmonization.)
Program
I – Introduction
1. The relationship between the State and the Economy
2. Public economy and public finance
II – State intervention
1. The non-functioning of the market
2. Efficiency and equity
3. Macroeconomic objectives
III – The State Budget
1. The notion of budget
2. The functions of the State Budget
3. Budget organization rules
4. Budget balance
5. The preparation, discussion and approval of the budget
6. Budget execution and control
7. The budget as an instrument of economic policy
IV – Public expenditures
1. Typology of public expenditures
2. Evolution of public expenditures
3. Economic effects of public spending
V – Public revenue
1. Property income
2. Fees
3. Taxes
4. Public credit revenues
VI – The impact of European integration on Portuguese public finances
1. An overview of fiscal policy
2. Budget policy in the European Union
3. The impact of tax harmonization
Internship(s)
NAO
Bibliography
Barbosa, A. S. P. (1997). Economia pública. McGraw-Hill.
Frank, R. H. (2013). Microeconomia e comportamento (8ª ed.). McGraw-Hill.
Pereira, P. T., Afonso, A., Arcanjo, M., & Santos, J. C. G. (2022). Economia e finanças públicas (6ª ed.). Escolar Editora.
Stiglitz, J. E., & Rosengard, J. K. (2015). Economics of the public sector (4th ed.). W. W. Norton & Company.
Tanzi, V. (2020). Advanced introduction to public finance. Edward Elgar.
Teixeira, G. (2023). Manual de finanças públicas. Editora D’Ideias.