Course detail

Public Finances

FAST-NVB058Acad. year: 2023/2024

Subject is focused on characteristics of public finances, public estates and basic principles of decision making in public sector. There are solved areas of public revenues and expenditures, principles of tax theory, social security and social insurance. Part of the subject is also created by spatial aspects of public finances and principles of budgetary process including impact of fiscal imbalance on the state economics.

Language of instruction

Czech

Number of ECTS credits

3

Mode of study

Not applicable.

Guarantor

doc. Ing. Vít Hromádka, Ph.D.

Department

Institute of Structural Economics and Management (EKR)

Entry knowledge

Fundamentals of microeconomics, macroeconomics and financing, tax structure overview.

Rules for evaluation and completion of the course

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Aims

Student will obtain elementary overwiev about public financing problem and about systém of public financing in Czech Republic. The aim of subject is to refer to financial structure within the scope of public sector and their incidence to economy of the state entire, economy of regions and economy of private subjects.
Knowledge of financial structure within the scope of public sector and their incidence to economy of the state entire, economy of regions and economy of private subjects.

Study aids

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Hromádka, V. Veřejné finance. Elektronická studijní opora VUT, 2014, 120 stran (CS)
Peková, J. a kol. Veřejný sektor, teorie a praxe v ČR. Wolters Kluwer, 2019 (CS)
Gayer, T., Rosen, H. Public finance. McGraw-Hill Education, 2014, 588 stran (EN)
Hejduková, P. Veřejné finance – teorie a praxe. C. H. Beck, 2015, 272 stran (CS)
Maaytová A., Pavel J., Ochrana F. a kol. Veřejné finance: v teorii a praxi. Grada Publishing a.s., 2015, 208 stran (CS)

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme NPC-SIE Master's 2 year of study, winter semester, compulsory-optional
  • Programme NPC-MI Master's 1 year of study, winter semester, compulsory

Type of course unit

 

Exercise

39 hod., compulsory

Teacher / Lecturer

doc. Ing. Vít Hromádka, Ph.D.

Syllabus

1. Introduction into public finances, basic economic state functions.

2. Public goods and their classification.

3. Public expenditures.

4. Public incomes.

5. Introduction into tax theory.

6. Economic policy of the state.

7. Spatial aspects of public finances.

8. Public budgets.

9. Deficit of public budgets.

10. Credit test.