Course - Public Finance - SØK3538
Public Finance
New from the academic year 2025/2026
About
About the course
Course content
Local governments are responsible for the majority of service provision in the Scandinavian welfare state. Different countries adopt varying degrees of centralization and decentralization within the public sector, both in terms of responsibility for public tasks and financing. This topic focuses on the relationship between public and private services and the various parts of the public sector. Key themes include the interaction between public and private service provision and incentive challenges in public production. It also encompasses the design of transfer systems, regulation of local taxation, and the division of responsibilities.
Learning outcome
Knowledge
You learn
- about economic interaction between private and public sector
- about economic interaction between central and local governments
- about organization and financing of welfare services and collective goods
- the decentralization theorem, principles for the organization of government sector
- about policies for mechanisms for enhancing efficiency
- about political decisions about centralization and decentralization
Skills
You should be able to
- discuss key theories and models for the organization of the public sector
- analyze a broad set of issues relevant for the relationship between central and local governments
- discuss how the political system evaluates centralization and decentralization
General competence
You should be able to
- read and understand reports and research articles dealing with issues discussed in the course
- use the content of the course in your own academic work like your master thesis
Learning methods and activities
2 hours of lectures every week. The course has compulsory activities. Specific requirements will be announced at the beginning of the term. The term papers can be written as a joint project. The course is an optional master's course and is not taught every semester. Check courses that are taught at https://www.ntnu.no/econ/valgfrie-masteremner. Students enrolled in ISØ's master programs can take the course any semester. Contact the department (
Compulsory assignments
- Mandatory activity
Further on evaluation
Compulsory activity must be approved to take the exam.
Specific conditions
Admission to a programme of study is required:
Economics (MSØK)
Economics (MSØK/5)
Recommended previous knowledge
Bachelor's degree in Economics
Required previous knowledge
None
Course materials
Announced at the beginning of the term.
Credit reductions
Course code | Reduction | From |
---|---|---|
SØK3527 | 7.5 sp | Autumn 2025 |
Subject areas
- Economics
- Social Sciences
Contact information
Examination
Examination
Ordinary examination - Autumn 2025
School exam
The specified room can be changed and the final location will be ready no later than 3 days before the exam. You can find your room location on Studentweb.