N_FTP Fiscal Theory and Policy

University of Finance and Administration
Summer 2019
Extent and Intensity
2/0. 3 credit(s). Type of Completion: z (credit).
Teacher(s)
doc. Ing. Jan Mertl, Ph.D. (seminar tutor)
Guaranteed by
doc. Ing. Jan Mertl, Ph.D.
Department of Finance – Departments – University of Finance and Administration
Contact Person: Lenka Pokorná
Timetable of Seminar Groups
N_FTP/pFPH: each even Monday 14:00–14:44 S14, each even Monday 14:45–15:30 S14, each even Monday 15:45–16:29 S14, each even Monday 16:30–17:15 S14, J. Mertl
Prerequisites
There are no prerequisites for this course.
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
Subject has classical content focus, in Czech literature represented by prof. K. Engliš and his works, which were released as Finanční věda and Malá finanční věda. It is focused not only on the public finance, but also on the regulation of private sector and combination of those two sectors. It contains an update of classical national economy schemes by modern concepts of governance, public and social policy and effectiveness in public, private, for-profit and not-for-profit sector. Student will be able to see these concepts in the context of economic reality, show their pratical applications and present their economic, social and institutional attributes. The result of this course thus is advanced cumulative knowledge about subjects in market economics, concepts and mechanisms of their interactions and key factors important for their effective management.
Learning outcomes
Student will be able to - Define the role of fiscal policy in the market economy - Define the teleological principle of thinking - Explaining the funding of non-profit organizations, PPPs, private sector regulation, and the principle of governance - quantify taxation and social insurance in relation to public budgets - to characterize the fiscal situation of the Czech Republic and other EU countries - Fiscally clarify financing pensions and health care
Syllabus
  • 1. History of financial theory and policy. Public economics in todays world. Sovereign funds. 2. Teleological concepts of K. Engliš, individualism and solidarism. Economic schemes. 3. Management of public and business sector. Public governance. Corporate governance. 4. Nonprofit organizations and their management. 5. Regulation of private sector. 6. Public administration and its economics. Public private partnership. 7. Theory and policy of public expenditure. Public choice, economic and political market. 8. Tax theory and policy. Sense and forms of taxation in current economic. 9. Social policy.Theory and policy of social insurance. 10. Pension theory and policy. Models and pillars of public and private pensions. 11. Health theory and policy. Models and products of health security, connection of private and public sector. 12. Current situation in Czech republic.Final summary.
Literature
    required literature
  • Hamerníková, B. a kol. Veřejné finance: Praha: ASPI, 2007
  • Mertl, J. Role sociální politiky v současnosti. Auspicia, č.1, 2013. Online: http://vsers.cz/wp-content/uploads/2012/10/Auspicia-1-2013.pdf
  • Dohnalová, M., Průša, L. Sociální ekonomika. Praha: Wolters Kluwer, 2011.
  • Krebs, V. a kol. Sociální politika. Praha: Wolters Kluwer, 2015
  • Ochrana, F.: Manažerské metody ve veřejném sektoru. Praha: Ekopress, 2002.
    recommended literature
  • Stiglitz, J. E.: Ekonomika veřejného sektoru. Praha: Grada, 2002.
  • Engliš, K. Finanční věda. Praha: F. Borový, 1929
  • Engliš, K. Malá finanční věda. Praha: F. Borový, 1932
  • Dvořák, P. Veřejné finance, fiskální nerovnováha a finanční krize. Praha: C.H. Beck, 2008
  • PAVLÁT, Vladislav. Globální finanční trhy. 2013. 224 s. ISBN 978-80-7408-076-0.
  • Frič, P. Goulli, R. Neziskový sektor v ČR. Praha: Eurolex Bohemia, 2001
  • Engliš, K. Hospodářské soustavy. Praha: Všehrd, 1946
  • VOSTATEK, Jaroslav. Penzijní teorie a politika (Pension Theory and Policy). 1. vydání. Praha: C. H. Beck, 2016, 288 pp. Beckova edice ekonomie. ISBN 978-80-7400-571-8. info
Teaching methods
Teaching takes the form / lectures / seminars / workshops / full-time study / group consultations and managed in the form of study. Minimum mandatory attendance at seminars / workshops in full-time studies is 75%, the controlled group consultations in combined form 50%. Students who fail to meet the mandatory level of participation may be given during the semester additional study obligations (to the extent that will demonstrate academic achievement and acquired competencies necessary for successful completion of course).
Assessment methods
Credit awarded based on written test (usually 12 checkbox/filling questions, 60 percent points minimum) and, where appropriate, an oral conversation.
Language of instruction
Czech
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: 6 hodin KS/semestr.
The course is also listed under the following terms Winter 2007, Summer 2008, Winter 2008, Summer 2009, Winter 2009, Summer 2010, Winter 2010, Summer 2017, Summer 2018.
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