153-0394/01 – Public finance (VF)
| Gurantor department | Department of Public Economics | Credits | 4 |
| Subject guarantor | doc. Ing. Petr Tománek, CSc. | Subject version guarantor | doc. Ing. Petr Tománek, CSc. |
| Study level | undergraduate or graduate | Requirement | Compulsory |
| Year | 2 | Semester | winter |
| | Study language | Czech |
| Year of introduction | 2019/2020 | Year of cancellation | |
| Intended for the faculties | EKF | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
The aim of the course is to familiarize students with the theoretical and practical rules of fiscal system. After completing the course students:
- will be able to describe theoretical and practical implications of functioning of the fiscal system,
- will be able to describe context and impacts of functioning and changes in the fiscal system,
- will gain basic knowledge about specific problems of the current fiscal system.
Teaching methods
Lectures
Tutorials
Summary
The course builds on basic knowledge of the functioning of public budgets. It deepens basic knowledge in selected areas of public finance from theoretical and practical points of view. In the theoretical part, issue of tax impacts, methods of selection and evaluation of public expenditures, debt economics are discussed. The practical part deals with application of rules on tax administration, property management, public procurement.
Compulsory literature:
Recommended literature:
Way of continuous check of knowledge in the course of semester
Credit based on the preparation of the seminar work and participation in exercises. Oral exam. The conditions are the same for ISP students.
E-learning
Studijní opory TpB:
https://lms.vsb.cz/course/view.php?id=72597
Other requirements
Additional the requirements are not specified.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
Course syllabus of the course (main topics for individual week):
1. Public finances - the structure of public finances in the Czech Republic, the function of public finances, the flows in the economy between sectors.
2. Public revenues - types of public budget resources, taxes and fees, taxes and its structure, tax justice.
3. Methods of tax construction - pension taxes, consumption taxes, property taxes, aspects of taxation in relation to the public budgets.
4. Fiscal federalism - principles of fiscal federalism, models of fiscal federalism, fiscal federalism in the Czech Republic.
5. Structure of financial operations into public budgets - application from different points of view (e.g. sectoral or consolidation).
6. State budget - state budget revenues, state budget expenditures, budget process, function and focus of selected budget chapters.
7. State budget rules - state budget balance, budget provision, liquidity, pension account.
8. Public funds - functioning of six state funds, funds of government agencies type, management of health insurance companies - resources and expenditures of funds.
9. Management of municipalities - types of municipalities, incomes (tax, non-tax, capital, transfers), expenditures, basic rules of municipal management.
10. Management of regions - voluntary associations of municipalities and regional councils of cohesion regions, economic resources and budgetary rules.
11. Organizations providing public sector services - establishment of organizations by the state and territorial self-governing units, organizational units and contributory organizations.
12. Aspects of the assessment of public budgets in the Czech Republic.
13. Budget of the European Union - budgetary principles, rules of management, budget process, budget structure, budget resources.
14. Actual issues of public budgets - current legislative changes, current developments in public budgets.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction