Course: Local Government Finance

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Course title Local Government Finance
Course code KUF/FUS
Organizational form of instruction Lecture + Lesson
Level of course Master
Year of study not specified
Semester Winter and summer
Number of ECTS credits 4
Language of instruction Czech
Status of course Compulsory, Compulsory-optional, Optional
Form of instruction unspecified
Work placements unspecified
Recommended optional programme components None
Lecturer(s)
  • Vejsadová Dryjová Marie, Ing. Ph.D.
  • Jílek Milan, doc. Ing. Ph.D.
Course content
Lectures: 1. Government and Decentralization. 2. Conceptual Framework of Decentralization in Economic Theory. 3. Distribution of Fiscal Functions among Government Levels. 4. Principles of Financing Subnational Governments. 5. Subnational Government Budget. 6. Theory of Decentralized Taxation. 7. Tax Revenue of Subnational Governments. 8. Fiscal Capacity and Fiscal Need of Subnational Government. 9. Intergovernmental Transfers in Decentralized Systems. 10. Fiscal Decentralization and Fiscal Imbalance. 11. Subnational Government deficits and debts. 12. Subnational Government Expenditure. 13. Effectiveness of Subnational Government Expenditure. 14. Provision of Local Public Goods.

Learning activities and teaching methods
Monologic (reading, lecture, briefing), Work with text (with textbook, with book), Written action (comprehensive tests, clauses), E-learning
  • Class attendance - 31.5 hours per semester
  • Preparation for exam - 30.5 hours per semester
  • Preparation for credit - 15 hours per semester
  • Semestral paper - 15 hours per semester
  • Preparation for classes - 20 hours per semester
Learning outcomes
To provide students with the knowledge and practical skills in fiscal decentralization and finance of local governments. The emphasis is put on financing regional and local government levels in the Czech Republic.
To provide students with the knowledge and practical skills in fiscal decentralization and finance of local governments. The emphasis is put on financing regional and local government levels in the Czech Republic.
Prerequisites
Public Finance on the bachelor level.
KUF/KVFNC
----- or -----
KUF/VFINC

Assessment methods and criteria
Oral examination, Combined exam, Test

Credit Requirements: 1. Active participation in exercises (consultations with KS). 2. Elaborate on the assigned tasks. You can earn 50 points by working out the tasks. 3. Elaboration of two credit tests (maximum 50 points). 4. The credit will be awarded to students who will score 70 points out of 100 for the above-mentioned tasks and tests. Exam requirements: Knowledge of the substance within the range defined by this syllabus. Assessment weight: 50% credit, 50% oral exam.
Recommended literature
  • Jílek, Milan. Fiskální decentralizace, teorie a empirie. Vydání první. Praha : ASPI, 2008. ISBN 978-80-7357-355-3.
  • OATES, W., E.. An Assay on Fiscal Federalism. Journal of Economic Literature. 1999.
  • Peková, Jitka. Finance územní samosprávy : teorie a praxe v ČR. Vydání první. Praha : Wolters Kluwer Česká republika, 2011. ISBN 978-80-7357-614-1.
  • Provazníková, Romana. Financování měst, obcí a regionů : teorie a praxe. 3. aktualizované a rozšířené vydání. Praha : Grada Publishing, 2015. ISBN 978-80-247-5608-0.
  • Sedmihradská, Lucie. Rozpočtový proces obcí. Vydání první. Praha : Wolters Kluwer, 2015. ISBN 978-80-7478-967-0.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Economics Study plan (Version): Accounting and Financial Management (4) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Economics Study plan (Version): Structural Policy of the EU and Rural Development (3) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer
Faculty: Faculty of Economics Study plan (Version): Financial and Insurance Mathematics (4) Category: Mathematics courses 3 Recommended year of study:3, Recommended semester: Summer
Faculty: Faculty of Economics Study plan (Version): Structural Policy of the EU for Public Administration (4) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer