Course Details

Public Finances

Academic Year 2024/25

NVB058 course is part of 2 study plans

NPC-MI Winter Semester 1st year

NPC-SIE Winter Semester 2nd year

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.

Credits

3 credits

Language of instruction

Czech

Semester

winter

Course Guarantor

Institute

Forms and criteria of assessment

graded course-unit credit

Entry Knowledge

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

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.

Basic Literature

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

Offered to foreign students

Not to offer

Course on BUT site

Exercise

13 weeks, 3 hours/week, compulsory

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.