Czech

Not applicable.

Students will acquire basic knowledge of macroeconomic financial flows in a mixed economy, and will be familiar with the principles of state economic policy as well as principles of modern taxation systems. The starting point of the course is the understanding of the public choice as a decision-making mechanism in the public sector. Students will have a clear idea of how to apply the acquired knowledge in practice.

Secondary school knowledge of political and voting system in the Czech republic. Basic macroagregates and relations. State economic policy. System of public budgets.

Not applicable.

Lectures consist of an explanation of basic principles, methodology of the discipline, problems and their solutions.

Requirements for gaining the credit:
a) Active participation in seminars: one unexcused absence per semester permitted. Absences outside the permitted limit must be excused by a doctor, and the teacher has the right to assign a substitute task in the case of such absence (e.g. in the form of an essay).
b) Credit test: maximum possible number of points is 20, while the minimum number of points needed for the credit is 10 (i.e. 50 %), and one resit is possible.
c) A presentation on a topic agreed with the teacher: maximum of 10 points (the minimum number of points for the credit is 5). It is possible to present the topic in a small team (max. 5 students).
It is possible to gain a maximum of 30 points from the seminars, and the credit is granted for a minimum of 15 points (min. 10 points from test + min. 5 points from presentation) + fulfilment of participation in seminars: all three classification conditions must be fulfilled and non-fulfilment of one condition cannot be replaced in any way by another.
Examination requirements:
The examination is in writing. The examination can only be taken by students who have applied through IS and have the credit entered. The examination contains test and open questions. The time available for the examination is 45 minutes, the maximum number of points available is 70, and in order to pass the examination it is necessary to get at least 35 points (i.e. 50 %).
The resulting mark for the course is the sum of the points from the seminars and the examination, and the resulting grade is in accordance with the BUT Study and Examination Regulations.

The basic topics that make up the course are as follows:
1. Introduction to the study of public finances. Terms: public good, the public sector, public finance, budgetary system and public budget.
2. The theory of public choices, the specifics of decision-making in the public sector. Approaches to decision-making and their influence on the results. The political and electoral system in the Czech Republic and the financing of political parties.
3. Public revenues. The classification of public revenues. Tax and non-tax revenues.
4. Public expenditure. The classification of public expenditure. Public expenditure and aggregate demand. Factors influencing growth in public expenditure. The efficiency of public expenditure.
5. The fundamentals of tax theory and tax policy. The history of tax. Tax principle and the fairness and efficiency of taxes. Tax quotas. Tax policy.
6. Fiscal federalism. Basic terms, centralisation vs. decentralisation. Models of fiscal federalism.
7. International aspects of public finances. The EU budget process. EU budget revenues and expenditure, the position of the Czech Republic.
8. The budgetary system of the Czech Republic. Uniformity of the budgetary system. The system of public budgets. Parafiscal funds. The budgets of local government bodies.
9. The state budget. The concept of the state budget in financial and legal terms. The budget process. Revenues and expenditure in the state budget. The significance of the state budget in the budgetary system.
10. The budget deficit and public debt. Causes and possible solutions. The situation in the Czech Republic and other countries.
11. The ethics of public finances. The significance of ethics in the public sector and public finances. The ethics of redistribution. Ethical codices.
12. Social policy and social security. Models and instruments of social security. Social security in the Czech Republic.
13. The fundamentals of finances in selected branches of the public sector. The financing of education, science and research, and healthcare. The situation in the Czech Republic and other selected countries.

Not applicable.

The main objective of the course is to create a link between the public finance theory and, in a broad sense, the public economy theory on one hand, and modern application of these theories in the sphere of public finance on the other hand. Students will have a clear idea of basic categories of the theory of public finance and will be provided with tools necessary for understanding of current political and economic situation.

Attendance at lectures is recommended, attendance at seminars is controlled. The way of substituting of missed lectures and seminars is fully in the teachers’ competence.

Not applicable.

Not applicable.

KUBÁTOVÁ, K. Daňová teorie a politika. 7. vyd. Praha: Wolters Kluwer, 2018. (CS)
LAJTKEPOVÁ, E. Veřejné finance v praxi České republiky. 1. vyd. Brno: Akademické nakladatelství CERM, 2021. (CS)
Zákon č. 218/2000 Sb., o rozpočtových pravidlech ze dne 27. června 2000. Zákon č. 250/2000 Sb., o rozpočtových pravidlech územních rozpočtů ze dne 7. července 2000. Zákon č. 243/2000 Sb., o rozpočtovém určení daní ze dne 29. června 2000. Zákon č. 128/2000 Sb., o obcích ze dne 12. dubna 2000. Zákon č. 23/2017 Sb., o rozpočtové odpovědnosti ze dne 17. ledna 2017. Vyhláška MF 323/2002 Sb., o rozpočtové skladbě ze dne 2. července 2002. (CS)

VANČUROVÁ, A., LÁCHOVÁ, L. a H. ZÍDKOVÁ.  Daňový systém ČR. 1.vyd. Praha: Wolters Kluwer, 2020. (CS)