VSFS:B_VF Public Finances - Course Information

B_VF Public Finances

Extent and Intensity

2/2/0. 5 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Yvona Legierská, Ph.D. (lecturer)
prof. Ing. Jaroslav Vostatek, CSc. (seminar tutor)

Guaranteed by

Ing. Yvona Legierská, Ph.D.
Department of Finance – Departments – University of Finance and Administration
Contact Person: Lenka Pokorná

Timetable of Seminar Groups

B_VF/cFPH: each even Thursday 14:00–14:44 E127, each even Thursday 14:45–15:30 E127, each even Thursday 15:45–16:29 E127, each even Thursday 16:30–17:15 E127, except Thu 15. 10., except Thu 29. 10., except Thu 12. 11., except Thu 26. 11., except Thu 10. 12. ; and Wed 14. 10. 14:00–15:30 S22, 15:45–17:15 S22, Wed 21. 10. 10:30–12:00 S14, 12:15–13:45 S14, Wed 11. 11. 10:30–12:00 E225, 12:15–13:45 E225, Wed 25. 11. 10:30–12:00 E225, 12:15–13:45 E225, Wed 9. 12. 10:30–12:00 E225, 12:15–13:45 E222, Y. Legierská
B_VF/pFPH: Mon 8:45–9:29 E024, Mon 9:30–10:15 E024, except Mon 12. 10., except Mon 19. 10., except Mon 26. 10., except Mon 9. 11., except Mon 23. 11., except Mon 7. 12. ; and Wed 14. 10. 12:15–13:45 S22, Wed 21. 10. 8:45–10:15 S14, Mon 26. 10. 8:45–10:15 E024, Wed 11. 11. 8:45–10:15 E225, Wed 25. 11. 8:45–10:15 E225, Wed 9. 12. 8:45–10:15 E225, J. Vostatek
B_VF/vFPH: Fri 23. 10. 17:30–19:00 E225, 19:15–20:45 E225, Sat 21. 11. 14:00–15:30 E225, 15:45–17:15 E225, Fri 4. 12. 17:30–19:00 E225, 19:15–20:45 E225, Y. Legierská

Prerequisites

There are no prerequisites for this course.

Course Enrolment Limitations

The course is offered to students of any study field.

Course objectives

After completion of this subject, the student will be able to :
explain basic terms from the field of public finance;
to understand the problems of public finances and their application especially in the practice of the Czech Republic;
explain the causes of existence and mechanism of functioning within the public sector;
explain the role of public goods in the economy;
understand how public choice systems work;
understand the issues of fiscal federalism and interpret spatial aspects of public finance;
understand system of public budgets and their fulfillment incl. pumping;
use information about public revenues and expenditures to evaluate public projects and programs, public procurement;
to answer the questions related to issues of a budget deficit and public debt; understand the issues of international public finance, especially in connection with the progressing globalization tendencies and the Czech Republic's membership in the European Union.

Learning outcomes

Students will be well informed on the current issues of public finances, their problems and challenges in the Czech Republic and other EU countries. At the end of this course, the student will be familiar with the revenue and expenditure side of public budgets and will be able to understand the issues of public finance and other socio-economic disciplines and explain the current state and issues of the public and non-profit sector as a whole.

Syllabus

• 1First Introduction to public finance.
• 2Second The public sector and public goods.
• 3th Public choice and its consequences for public finance.
• 4th Fiscal federalism and spatial aspects of public finance.
• 5th System of public budgets.
• 6th Budgetary process.
• 7th Extra-budgetary funds.
• 8th Public revenues, tax and non-tax revenues.
• 9th Public expenditure, projects and programs, public procurement.
• 10th Financing of EU projects, National Fund.
• 11th Budgetary and fiscal policy, budget deficit and public debt.
• 12th International aspects of public finance.

Literature

required literature
• Peková, J. Veřejné finance. Teorie a praxe v ČR. Praha : Wolters Kluwer ČR, 2011. 644 s. ISBN 978-80-7357-698-1.
• MAAYTOVÁ, A., F. OCHRANA a J. PAVEL. Veřejné finance v teorii a praxi. Praha: Grada Publishing, 2015. ISBN 978-80-247-9949-0.

recommended literature
• HEJDUKOVÁ, P.Veřejné finance, teorie a praxe. Praha: C.H.Beck, 2015. ISBN 978-80-7400-298-4
• Hamerníková, B., Maaytová, A. a kol.: Veřejné finance. 2. aktualizované vydání. Praha: Wolters Kluwer, 2010. ISBN 978-80-7357-497-0
• PROVAZNÍKOVÁ, R. Financování měst, obcí a regionů. Praha: Grada Publishing, 2015. ISBN 978-80-247-5922-7. doporučená literatura

Teaching methods

Lectures and exercises in full-time, controlled group consultations in combined form; minimum mandatory participation in exercises in full-time studies is 75%, the controlled group consultations in combined form 50%. "Lectures using power-point presentation. Students who fail to meet the compulsory rate of attendance may by assigned additional study obligations during the semester to an extent that will enable them to demonstrate the study results and aquired necessary for successful completion of the course.

Assessment methods

Course is successfully completed test. Examination consists of a written test, in the lenght 60 minutes. The test includes 6 short where each questions, with a maximum of 10 points. In order to pass the course successfully, it is necessary to achieve the minimum score of 40 points. At retaking, it is possible to reexamine a student - next to the written examination - also in oral examine. Depending on the development of the COVID 19 pandemic, students can be tested orally and in an alternative way by phone, SKYPE or WhatsApp. Students with ISP or those who do not attend the lectures or managed group consultations will work on seminar work (about 5 pages) on one of the 12 topics discussed. The topic will be agreed with the teacher.

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: 12 hodin KS/semestr.

• Enrolment Statistics (Winter 2020, recent)
  
• Permalink: https://is.vsfs.cz/course/vsfs/winter2020/B_VF