ECON7008 - Economics of Tax Policy

Term 2



Aims:

To provide students with an understanding of the economics of taxation and tax policy, and with the ability to analyse and understand key issues in this field using standard tools of theoretical and empirical economic analysis, corresponding to the level taught in core second-year economics courses.

Objectives:

At the end of the module, students should:

  • Have a knowledge of the structure of taxation in at least one country
  • Be familiar with basic economic concepts and methods relating to taxation, including incidence and efficiency.
  • Have an understanding of some of the key behavioural effects of taxes, including those on consumer spending, labour supply, saving and investment.
  • Be able to analyse, using relevant economic concepts and methods, a number of issues in tax policy, such as the optimal structure of indirect taxes, and the relative merits of different forms of income taxation.

Taught by:
Christian Spielmann
Assessment: 20 one-hour lectures and 4 compulsory tutorial classes. All students are required to submit 2 pieces of coursework. These will be a mixture of essays (approximately 1500-2000 words) and analytical/quantitative problems. There will be a 2-hour unseen written examination in Term 3.
Suitable for:
2nd / 3rd year Economics (L100) and 3rd year Econ/Geog (LL17) and Phil/Econ (VL51) students.
Prerequisites: ECON1001: Economics. Students should have taken, or be concurrently taking, ECON2001: Microeconomics (or equivalents).
Moodle page:
ECON7008