Le Grand Syllabus 2017/2018
Pedagogical Format : Lecture alone Course validation : One case study based on actual budget documents from a selected country, to be prepared in teams (30%), and one written examination at the end of the course (70%). Workload : There will be no speciﬁc requirement for preparing each session. However, students are invited to read about ﬁscal issues in the international press. Validation will include preparing a case study with fellow students, to be completed by the end of the course. Pedagogical Method : Lectures discussing both theoretical background and international experience, with the support of case studies. Course Description : What prompted the US Government shutdown of October 2013 ? Why did some European countries go bankrupt in the wake of the 2008 ﬁnancial crisis ? Can institutions for managing public money be simply duplicated from advanced economies to developing ones ? Public Budgeting and Financial Management are central to the conduct of public affairs. The processes for allocating resources to the funding of various policies, as well as controlling and evaluating the proper use of public funds, have a considerable impact on the design and implementation of each public policy. While relatively unknown to the general public, the institutional arrangements for allocating public resources between competing policy objectives are closely linked to governments' decision making processes. Beyond answering such questions as the ones aforementioned, this course will provide students with an overview of the principles and challenges in budgeting and managing public ﬁnances. It will present institutional arrangements for organizing decision making on the use of public funds, as well as tools for budgeting and monitoring public resources. It will discuss the role of budgeting in the broader context of managing public affairs (balance of powers, evaluation of public policies, transparency and accountability). Principles will be illustrated with best practices, drawn from international experience, and case studies. The course will be organized in three groups of four sessions each. After an introductory session discussing the structure of government revenue and expenditure, the ﬁrst group of sessions (1 to 4) will present the technical aspects of public ﬁnan1666
cial management. The second group (sessions 5 to 8) will discuss institutional arrangements from budget preparation to its auditing. The third group of sessions (9 to 12) will focus on a number of speciﬁc issues, including recent debates in public budgeting and ﬁnancial management. Required reading : Cangiano, Curristine and Lazare, Public Financial Management and its Emerging Architecture, IMF 2013, Introduction and Chapter I.
PUBLIC ECONOMICS - LEVEL 1
Semester : Autumn Number of hours : 36 Language of tuition : English
Teachers : Anton GRANIK (Professeur associé). Prerequisite : There are no formal prerequisites for this class. However, students should be able to do basic arithmetic calculations and interpret tables and graphs. Pedagogical Format : Lecture and tutorials Senior lecturers : Paul-Adrien HYPPOLITE (Ingénieur-élève du Corps des Mines), Zaneta KUBIK (Doctorant), Sara SIGNORELLI (Doctorante). Course validation : There will be two examinations : a midterm and a cumulative ﬁnal exam each comprising 50% of your ﬁnal grade. The midterm exam will likely take place during a TA session. Course Description : The purpose of this introductory course, intended for students with little or no previous background in economics, is to provide a framework of basic microeconomic principles (supply, demand, market equilibrium and market dynamics) that can be applied to public policy analysis. This ﬁrst part of the course will focus on the behavior of consumers and producers as they engage in economic activity, generally governed by markets and the price system. The second part will attempt to provide coverage of topics (such as education, social security, industry regulation) that concern pu