Department of Financial Economics

The Department of Public Economics is an academic discipline that analyzes the economic activities of the state from the perspective of economic theory and public policy. This subfield examines the functioning of the public economy, forms of state intervention in markets, and resource allocation processes from both normative and positive approaches. Its primary aim is to equip students with the ability to comprehensively assess the state’s economic role by introducing fundamental concepts such as public expenditures and revenues, along with theoretical frameworks and practical applications shaping public economic policy.

Areas of study within this discipline include:
• Regulation of labor markets through public policies, analysis of minimum wage policies, social security systems, and employment incentive mechanisms
• The role of public ownership in economic policies, evaluation of state enterprises, and privatization processes
• Examination of state interventions in the context of public goods, externalities, and market failures, including justifications and policy tools for intervention
• Analysis of the economic impacts of tax policies, including their effects on income distribution, resource allocation, and economic growth
• Study of the influence of public expenditures on economic structures, welfare economics, and the sustainability of fiscal policies

This department enables students to understand the dynamics of the public economy at both micro and macro levels, fostering analytical thinking for policy design and implementation processes. It also develops the ability to evaluate the economic role of the state within the principles of social justice, efficiency, and fiscal balance.