153-0394/01 – Public finance (VF)

Gurantor departmentDepartment of Public EconomicsCredits4
Subject guarantordoc. Ing. Petr Tománek, CSc.Subject version guarantordoc. Ing. Petr Tománek, CSc.
Study levelundergraduate or graduateRequirementCompulsory
Year2Semesterwinter
Study languageCzech
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
BEC05 Ing. Bc. Jiří Bečica, Ph.D.
KON0158 Ing. Natálie Konečná
TOM54 doc. Ing. Petr Tománek, CSc.
VAV0195 PhDr. Roman Vavrek, PhD.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 2+1

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:

GRUBER, Jonathan. Public finance and public policy. 5rd ed. New York : Worth Publishers, 2016. 810 s. ISBN 9781464143335. ROSEN, Harvey S., Ted GAYER a Abdülkadir CIVAN. Public finance. 10th ed., global ed. Maidenhead: McGraw-Hill Education, 2014. McGraw-Hill series in economics. 588 s. ISBN 978-0-07-715469-1.

Recommended literature:

NOLAN, A., R. O'CONNELL and C. J. HARVEY (eds.). Human rights and public finance: budgets and the promotion of economic and social rights. Oxford: Hart Publishing, 2013. ISBN 978-1-84113-011-8. CULLIS, John G. and Philip R. JONES. Public finance and public choice: analytical perspectives. 3rd ed. Oxford: Oxford University Press, 2009. ISBN 978-0-19-923478-3. ULBRICH, Holley H. Public finance in theory and practice. 2nd ed. London: Routledge, 2011. ISBN 978-0-415-58597-2.

Way of continuous check of knowledge in the course of semester

Zápočet: na základě zpracování referátu a za min 50 % účast na cvičení. Zkouška: ústní zkouška ze zadaných zkušebních okruhů.

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

Full-time form (validity from: 2019/2020 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 40  21
        Examination Examination 60  30
Mandatory attendence parzicipation: Povinná účast 50 % na cvičeních

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2021/2022 (N0312A050001) Public Economics and Administration VFS P Czech Ostrava 2 Compulsory study plan
2021/2022 (N0488A050004) Finance and Accounting (S01) Finance P Czech Ostrava 1 Compulsory study plan
2020/2021 (N0488A050004) Finance and Accounting (S01) Finance P Czech Ostrava 1 Compulsory study plan
2020/2021 (N0312A050001) Public Economics and Administration VFS P Czech Ostrava 2 Compulsory study plan
2019/2020 (N0312A050001) Public Economics and Administration VFS P Czech Ostrava 2 Compulsory study plan
2019/2020 (N0488A050004) Finance and Accounting (S01) Finance P Czech Ostrava 1 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner