Skip to main content

Unit information: Public Economics in 2025/26

Please note: Programme and unit information may change as the relevant academic field develops. We may also make changes to the structure of programmes and assessments to improve the student experience.

Unit name Public Economics
Unit code EFIM30034
Credit points 20
Level of study H/6
Teaching block(s) Teaching Block 2 (weeks 13 - 24)
Unit director Dr. Pawel Doligalski
Open unit status Not open
Units you must take before you take this one (pre-requisite units)

EFIM20033 / ECON20002 Intermediate Microeconomics AND
EFIM20034 / ECON20003 Intermediate Macroeconomics AND
EFIM20011 / ECON20004 Econometrics 1
OR
EFIM20038 Microeconomic Analysis AND
EFIM20037 Macroeconomic Analysis AND
EFIM20010 Applied Quantitative Research Methods

Units you must take alongside this one (co-requisite units)

None

Units you may not take alongside this one

EFIM30062 Behavioural Finance

School/department School of Economics
Faculty Faculty of Social Sciences and Law

Unit Information

This unit focuses on government intervention in the economy. We will discuss reasons for intervention, available instruments and optimal policies. The core of the unit is theoretical, but for many of the problems (especially those related to taxation and redistribution) students will be provided with a data driven perspective as well.

Topics covered:

  • Government intervention due to market failures: externalities; asymmetric information; public goods
  • Taxation and redistribution: taxation of commodities; taxation of labor and capital income; unemployment insurance

Your learning on this unit

Students will be able:

  • To use economic theory to understand the reasons for government intervention;
  • To synthesise economic theory and empirical information to derive the optimal government policy;
  • To evaluate government policies currently in place.

How you will learn

Teaching will be delivered through a combination of large and small group classes, supported by online resources.

Tasks which help you learn and prepare you for summative tasks (formative):

Students will be given a set of exercises to do at home, similar to the ones in the final exam.

How you will be assessed

Tasks which count towards your unit mark (summative):

Exam (2.5 hours) (100%)

Assesses all learning outcomes

When assessment does not go to plan

Normally, there are no opportunities for reassessment in final year units. Where students are taking this as a non final-year unit, as part of an MSci, reassessment will be through a 2.5 hour exam.

Resources

If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.

If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. EFIM30034).

How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours of study to complete. Your total learning time is made up of contact time, directed learning tasks, independent learning and assessment activity.

See the University Workload statement relating to this unit for more information.

Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit. The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates within the Regulations and Code of Practice for Taught Programmes.

Feedback