Course Details
Public Structural Investments
Academic Year 2023/24
TV04 course is part of 1 study plan
N-P-C-A / ARS Winter Semester 2nd year
The main focus of the course is the methodical suggestion of possibilities of elaboration of the feasibility study for public orders. Feasibility study is set into wider social frame, it leans on the development strategy of towns, town planning schemes, labour market etc. Then it leans on possibilities to obtain investment funds from native or foreign sources (the EU) – structural funds and evaluation of the efficiency of the public investment, achievement of its technical and economical parameters and fulfilling assigned objectives, regarding the specific features of towns’ economy.
Course Guarantor
Institute
Objective
Goal of this subject is to give enough information for independent work on feasibility study for project financed by public sources.
Knowledge
Knowledge about creation of feasibility study and eCBA public structure project.
Syllabus
1. Public and private sector (Pareto’s optimum, view of the efficiency)
2. Economic terms used in public projects (benefit, incomes, revenues, costs, expenditures, efficiency)
3. Basic methods of economic evaluation of public projects
4.–5. Cost-benefit analysis (CBA)
6. Time value of money, indexes of economic efficiency (NPV, IRR, FRR, ERR, B/C, …)
7. Risks and uncertainties (inflation expecting, states of the world)
8. Analysis of the sensitivity and probability
9. Financial resources for the public financing (domestic – public budgets, foreign – funding foreign resources, institutions)
10. Public orders submission – Act No. 137/2006 Coll., on Public Contracts
11.–12. Public business competition
13. Public orders evaluation. Choice of the best order (supply price, economic suitability)
2. Economic terms used in public projects (benefit, incomes, revenues, costs, expenditures, efficiency)
3. Basic methods of economic evaluation of public projects
4.–5. Cost-benefit analysis (CBA)
6. Time value of money, indexes of economic efficiency (NPV, IRR, FRR, ERR, B/C, …)
7. Risks and uncertainties (inflation expecting, states of the world)
8. Analysis of the sensitivity and probability
9. Financial resources for the public financing (domestic – public budgets, foreign – funding foreign resources, institutions)
10. Public orders submission – Act No. 137/2006 Coll., on Public Contracts
11.–12. Public business competition
13. Public orders evaluation. Choice of the best order (supply price, economic suitability)
Prerequisites
Knowledge of business plan processing in private sector.
Language of instruction
Czech
Credits
4 credits
Semester
winter
Forms and criteria of assessment
course-unit credit and examination
Specification of controlled instruction, the form of instruction, and the form of compensation of the absences
Extent and forms are specified by guarantor’s regulation updated for every academic year.
Offered to foreign students
Not to offer
Course on BUT site
Lecture
13 weeks, 2 hours/week, elective
Syllabus
1. Public and private sector (Pareto’s optimum, view of the efficiency)
2. Economic terms used in public projects (benefit, incomes, revenues, costs, expenditures, efficiency)
3. Basic methods of economic evaluation of public projects
4.–5. Cost-benefit analysis (CBA)
6. Time value of money, indexes of economic efficiency (NPV, IRR, FRR, ERR, B/C, …)
7. Risks and uncertainties (inflation expecting, states of the world)
8. Analysis of the sensitivity and probability
9. Financial resources for the public financing (domestic – public budgets, foreign – funding foreign resources, institutions)
10. Public orders submission – Act No. 137/2006 Coll., on Public Contracts
11.–12. Public business competition
13. Public orders evaluation. Choice of the best order (supply price, economic suitability)
Exercise
13 weeks, 2 hours/week, compulsory
Syllabus
1. Assessment of the cost-effectiveness of projects.
2. SWOT analysis - Case Study.
3. Analysis of problems and solutions.
4. Logical Framework - Case study. Determination of connection hypotheses. Entering the project.
5. Individual project work - Logical Framework.
6. Presentation of results.
7. Cost methods of project evaluation - Case Study.
8. CBA analysis. Cost-effectiveness of the project. Individual work.
9. CBA analysis. The economic efficiency of the project. Individual work.
10. – 11. CBA analysis. The sensitivity analysis. Individual work.
12. Presentation of results.
13. Credit.