Course Details
Public Finances
Academic Year 2023/24
NVB058 course is part of 2 study plans
NPC-SIE Winter Semester 2nd year
NPC-MI Winter Semester 1st year
Course Guarantor
Institute
Objective
Knowledge
Syllabus
1. Public finances – basic terms and links.
2. Economical analysis of public estates, their characteristics and typology.
3. Public choice and its consequence for public finance sphere. Basic rules of public choice.
4. Public expenditures, public projects and public expenditure programs. Macro and microeconomic aspects and impacts of public expenditures. Factors, which affects size, structure and dynamic of public expenditures.
5. Public revenues, classification of public revenues and other tax classifications. Public charges.
6. Tax theory introduction. Tax principles, tax justice, efficiency of taxes, tax transfer and impact.
7. Social security and causes of its formation. Social security tools. Social insurance.
8. Spatial aspects of public finances, fiscal federalism, fiscal decentralization
9. State economic policy. Short-term and long-term lost of fiscal balance.
10. Budgetary process in the Czech Republic.
Prerequisites
Language of instruction
Czech
Credits
3 credits
Semester
Forms and criteria of assessment
Specification of controlled instruction, the form of instruction, and the form of compensation of the absences
Offered to foreign students
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.