153-0575/01 – Public Budgets (VR)

Gurantor departmentDepartment of Public EconomicsCredits5
Subject guarantordoc. Ing. Petr Tománek, CSc.Subject version guarantordoc. Ing. Petr Tománek, CSc.
Study levelundergraduate or graduateRequirementCompulsory
Year3Semestersummer
Study languageEnglish
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
BEC05 Ing. Bc. Jiří Bečica, Ph.D.
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+2

Subject aims expressed by acquired skills and competences

The aim of the course is to familiarize students with the structure of budgetary system in the Czech Republic. After completing the course students: - will be able to characterize the main elements of the Czech budgetary system, - will be able to define the basic financial operations of various types of public budgets and the relations between them, - will gain basic knowledge about the functioning of the Czech and EU budget systems.

Teaching methods

Lectures
Tutorials

Summary

The course introduces the basics of public finances through existing types of public budgets. The various types of public budgets in the Czech Republic and the EU budget are discussed from several perspectives (rules of economy, budget process, income and expenditure). This topic is supplemented by the typology of public budget sources and the fundamentals of management of organizations operating in the public sector.

Compulsory literature:

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. ROSEN, Harvey S., Ted GAYER and Abdülkadir CIVAN. Public finance. 10th ed., global ed. Maidenhead: McGraw-Hill Education, c2014. ISBN 978-0-07-715469-1. ULBRICH, Holley H. Public finance in theory and practice. 2nd ed. London: Routledge, 2011. ISBN 978-0-415-58597-2.

Recommended literature:

JANOUŠKOVÁ, Jana. Taxes and tax policy: personal income tax. Karviná: Silesian University in Opava, 2012. ISBN 978-80-7248-765-3. 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. ŠIROKÝ, J., R. STŘÍLKOVÁ a M. KRAJŇÁK. Trend, development, role and importance of corporate taxes in the EU. Brno: CERM, 2016. ISBN 978-80-7204-940-0.

Way of continuous check of knowledge in the course of semester

E-learning

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  20
        Examination Examination 60  31
Mandatory attendence parzicipation: Povinná účast 50 % na cvičeních.

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2020/2021 (B0311A050005) Applied Economics (S01) Economic Development P English Ostrava 2 Compulsory study plan
2020/2021 (B0412A050006) Finance P English Ostrava 3 Compulsory study plan
2019/2020 (B0311A050005) Applied Economics (S01) Economic Development P English Ostrava 2 Compulsory study plan
2019/2020 (B0412A050006) Finance P English Ostrava 3 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner