Course: Public Finance

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Course title Public Finance
Course code KUF/KVFNC
Organizational form of instruction Lecture
Level of course Bachelor
Year of study 2
Semester Winter and summer
Number of ECTS credits 6
Language of instruction Czech
Status of course Compulsory
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Jílek Milan, doc. Ing. Ph.D.
Course content
1. Public sector and public finance in mixed economy. 2. Externalities. 3. Public goods. 4. Theory of public choice. 5. Government revenue. 6. Taxation and efficiency. 7. Government expenditure. 8. Social security. 9. Government Budget. 10. Fiscal Policy. 11. Fiscal imbalances. 12. Government budgets in Czech Republic. 13. EU budget.

Learning activities and teaching methods
Monologic (reading, lecture, briefing), Dialogic (discussion, interview, brainstorming), Work with text (with textbook, with book), Written action (comprehensive tests, clauses), E-learning
  • Preparation for exam - 33 hours per semester
  • Preparation for classes - 57 hours per semester
  • Preparation for credit - 20 hours per semester
  • Class attendance - 8 hours per semester
  • Semestral paper - 50 hours per semester
Learning outcomes
The aim of the course is to provide students with up-to-date theoretical and practical information on Public Finance. The emphasis is put on public finance in Czech Republic.
Student understand the general principles and structures of public finance, they are capable of basic orientation in public finance of Czech Republic.
Prerequisites
Understanding of principles of Microeconomics and Macroeconomics.
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Assessment methods and criteria
Oral examination, Combined exam, Test, Interim evaluation

Credit Requirements: Active participation in seminars and obtaining a sum of at least 60 points of 100 in two written tests and other assignments. Examination Requirements: Oral Exam. Complex understanding of the matter specified in this syllabus.
Recommended literature
  • Hamerníková, Bojka; Maaytová, Alena. Veřejné finance. 2., aktualiz. vyd. Praha : Wolters Kluwer Česká republika, 2010. ISBN 978-80-7357-497-0.
  • Hyman, David N. Public finance : a contemporary application of theory to policy. 9. ed., international student edition. Mason : Thomson / South-Western, 2008. ISBN 978-0-324-53735-2.
  • Jílek, Milan. Veřejné finance. 1. vyd. Č. Budějovice : ZF JU, 1999. ISBN 80-7040-361-6.
  • Maaytová, Alena; Ochrana, František,; Pavel, Jan. Veřejné finance v teorii a praxi. První vydání. Praha : Grada Publishing, 2015. ISBN 978-80-247-5561-8.
  • Musgrave, Richard Abel; Musgrave, Peggy B.; Koníčková, Věra. Veřejné finance v teorii a praxi. 1. vyd. Praha : Management Press, 1994. ISBN 80-85603-76-4.
  • Peková, Jitka. Veřejné finance : teorie a praxe v ČR. Vyd. 1. Praha : Wolters Kluwer Česká republika, 2011. ISBN 978-80-7357-698-1.
  • Rosen, Harvey S. Public finance. 7. ed. New York : McGraw-Hill, 2005. ISBN 0-07-123842-5.


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): Structural Policy of the EU for Public Administration (4) Category: Economy 2 Recommended year of study:2, Recommended semester: Winter
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: Winter
Faculty: Faculty of Economics Study plan (Version): Financial and Insurance Mathematics (4) Category: Mathematics courses 3 Recommended year of study:3, Recommended semester: Winter
Faculty: Faculty of Economics Study plan (Version): Accounting and Financial Management (4) Category: Economy 2 Recommended year of study:2, Recommended semester: Winter