The course presents an introduction to Public Economics. It deals with that part of national economy which is funded from redistributive processes and which is usually referred to as the Public Sector (PS).

The subject matter is divided into several interrelated blocks: The first block works more deeply with some basic concepts known to the students from Microeconomics course, mainly the economic roles of the government. The rationale for the public sector is explored here as well. The objective is to enhance critical and analytical economic-thinking of students here.
The second block deals with Public Sector´s ability to reach eficient allocation of resources. Among others we study processes of resource allocation decisions making within the Public Sector - Public Choice and Public Policy analysis. The goal here is to teach students to understand the role and motivation of main players. Students should obtain knowledge of measures and tools reducing the natural tendency of PS to inefficiency in this block.
The third block analyses an "anathomy" of finantial flows within the Public Sector, it is public finance as a dominant category. The objective is to understand main principles and issues of public finances in modern economics. This block also introduces the students to the structure of public budget revenues placing special emphasis on taxes. The aim is to understand principles of "good" taxation and to cope with differences in attitude towards practical issues of a tax policy.