Course Information

MPV_VEF2 Public Finance 2

Extent and Intensity

2/1/0. 8 credit(s). Type of Completion: zk (examination).
In-person direct teaching

Teacher(s)

doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Ing. Eduard Bakoš, Ph.D. (lecturer)

Guaranteed by

doc. Ing. Robert Jahoda, Ph.D.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Jana Biskupová
Supplier department: Department of Public Economics – Faculty of Economics and Administration

Timetable

Tue 14:00–15:50 P312, except Tue 17. 9., except Tue 5. 11.

• Timetable of Seminar Groups:

MPV_VEF2/01: each even Wednesday 8:00–9:50 P102, except Wed 18. 9., E. Bakoš, R. Jahoda
MPV_VEF2/02: each odd Wednesday 8:00–9:50 P102, except Wed 6. 11., E. Bakoš, R. Jahoda

Prerequisites

The course is a follow-up to the Public Finance I course, students are expected to have full knowledge on this level.

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

• Economic Policy and International Relations (programme ESF, N-HPMV)
• Economic Policy and International Relations (programme ESF, N-HPS)
• Public Economics and Administration (programme ESF, N-HPS)
• Public Economics and Administration (programme ESF, N-VES)
• Public Economics (programme ESF, N-HPS)

Course objectives

The main objective of the course is on the one hand to deepen the theoretical knowledge of public finance and on the other hand to apply it to concrete examples from economic policy practice. The interpretation is based on the historical development of tax theories, on the basis of which we analyse in more detail tax principles and the possibilities of their application in achieving economic policy objectives. The second part of the course focuses on aspects of the long-term sustainability of public finances, fiscal federalism and the financing of selected areas of the public sector. The main objective of the seminars is to deepen the knowledge acquired in the lectures, where selected issues are discussed using practical examples (case studies, analyses, etc.).Students are divided into groups in which they prepare practically oriented seminar papers (case studies). They are thus encouraged to work as a team and deepen their presentation skills.

Learning outcomes

At the end of the course students should be able to: * understand and explain the development and role of tax policy,

* asses distributional and economic impacts of changes in present tax policy,

* make reasoned decisions about own tax liabilities in the light of discussed reforms,

* use acquired knowledge of present development and deduce impacts of tax policy on future development,

* evaluate fiscal sustainability of public finance and its influence on future reforms,

* understand both the theory and practice of the budget policy, together with public expenditure management,

* compare different models of pension system and their possible impact on individual pension adequacy,

* understand financial flows in health-care.

Syllabus

• The content of the course is divided into two blocs. The first one concentrates more on tax policy, the second one deals with public finance sustainability issues. An indicative breakdown of topics: 1) Introduction to the course, revision of previous knowledge
• 2) Tax incidence and equity – measurement and interpretation
• 3) The supply side of the economy and taxation
• 4) Current tax policy, its issues and future prospects in the Czech Republic
• 5) Corporate income tax and personal income tax
• 6) Indirect taxes - AT, excise duties
• 7) Public Debt Management - European perspective I
• 8) Public Debt Management - European perspective II (case of PIIGS countries)
• 9) Fiscal aspects of the pension policy and its sustainability
• 10) Fiscal aspects of the health care policy
• 11) Innovative tools of public finance management and its innovations

Literature

required literature
• Taxing Wages 2024: Tax and Gender through the Lens of the Second Earner. Paris: OECD Publishing, 2024. Available from: https://dx.doi.org/10.1787/dbcbac85-en. info
• MIRRLEES, James A. and Stuart ADAM. Tax by design : the Mirrlees review. 1st ed. Oxford: Oxford University Press, 2011, xvii, 531. ISBN 9780199553747. info
• KUBÁTOVÁ, Květa. Daňová teorie a politika. 7. vydání. Praha: Wolters Kluwer, 2018, 269 stran. ISBN 9788075981653. info
• HYMAN, David N. Public finance : a contemporary application of theory to policy. 11e. Stanford: Cengage Learning, 2014, xvi, 698. ISBN 9781285173955. info

recommended literature
• ULBRICH, Holley H. Public finance in theory and practice. Second edition. London: Routledge, Taylor & Francis Group, 2011, xviii, 365. ISBN 9780415585972. info
• OCHRANA, František and Milan PŮČEK. Dosahování úspor ve veřejném sektoru. Vydání první. Praha: Univerzita Karlova, nakladatelství Karolinum, 2023, 156 stran. ISBN 9788024657615. info

Teaching methods

The course takes the form of both lectures and seminars. There are explained main thesis of the topics within lectures, which are further discussed during seminars. Students show their comprehension of the topic by interpretation and comparison of main relation within. Presentation of students' homework is a part of each seminar. Students focus on the particular problem from the given topic, which they analyze and demonstrate possible solutions with usage of a practical example.

Assessment methods

The course is concluded with an oral exam. The oral exam, however, might be omitted. Based on a continuous evaluation during the whole term, students acquire points: two written tests (each counts for 30 points) and elaboration (and presentation) of three group seminar works (each up to 10 points). The teacher can award students with “bonus” points for their activity during seminars and can assign voluntary Essay at the end of the semester (up to 10 points). The sum of points is the suggestion for a grade before the oral exam. The final grade does not differ more than two grade from suggested grade.
Classification scheme - suggested grade for the oral exam (roughly):
A (78 and more)
B [71 - 78)
C [65 - 71)
D [58 - 65)
E [53 - 58)
F [50 - 53)
grade X (this is final grade, student does not sit oral exam) [0 - 50)
Any aspects differing from the above are specified in the interactive syllabus before the semester starts.

Language of instruction

Czech

Further Comments

The course is taught annually.

MPV_VEF2 Public Finance 2

Extent and Intensity

2/1/0. 8 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Ing. Eduard Bakoš, Ph.D. (lecturer)

Guaranteed by

doc. Ing. Robert Jahoda, Ph.D.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Jana Biskupová
Supplier department: Department of Public Economics – Faculty of Economics and Administration

Timetable

Tue 14:00–15:50 P312, except Tue 19. 9., except Tue 7. 11.

• Timetable of Seminar Groups:

MPV_VEF2/01: each even Wednesday 8:00–9:50 P102, except Wed 20. 9., E. Bakoš, R. Jahoda
MPV_VEF2/02: each odd Wednesday 8:00–9:50 P102, except Wed 8. 11.

Prerequisites

The course is a follow-up to the Public Finance I course, students are expected to have full knowledge on this level.

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

• Economic Policy and International Relations (programme ESF, N-HPMV)
• Economic Policy and International Relations (programme ESF, N-HPS)
• Public Economics and Administration (programme ESF, N-HPS)
• Public Economics and Administration (programme ESF, N-VES)
• Public Economics (programme ESF, N-HPS)

Course objectives

The main objective of the course is on the one hand to deepen the theoretical knowledge of public finance and on the other hand to apply it to concrete examples from economic policy practice. The interpretation is based on the historical development of tax theories, on the basis of which we analyse in more detail tax principles and the possibilities of their application in achieving economic policy objectives. The second part of the course focuses on aspects of the long-term sustainability of public finances, fiscal federalism and the financing of selected areas of the public sector. The main objective of the seminars is to deepen the knowledge acquired in the lectures, where selected issues are discussed using practical examples (case studies, analyses, etc.).Students are divided into groups in which they prepare practically oriented seminar papers (case studies). They are thus encouraged to work as a team and deepen their presentation skills.

Learning outcomes

At the end of the course students should be able to: * understand and explain the development and role of tax policy,

* asses distributional and economic impacts of changes in present tax policy,

* make reasoned decisions about own tax liabilities in the light of discussed reforms,

* use acquired knowledge of present development and deduce impacts of tax policy on future development,

* evaluate fiscal sustainability of public finance and its influence on future reforms,

* understand both the theory and practice of the budget policy, together with public expenditure management,

* compare different models of pension system and their possible impact on individual pension adequacy,

* understand financial flows in health-care.

Syllabus

• The content of the course is divided into two blocs. The first one concentrates more on tax policy, the second one deals with public finance sustainability issues. An indicative breakdown of topics: 1) Introduction to the course, revision of previous knowledge
• 2) Tax incidence and equity – measurement and interpretation
• 3) The supply side of the economy and taxation
• 4) Current tax policy, its issues and future prospects in the Czech Republic
• 5) Corporate income tax and personal income tax
• 6) Indirect taxes - AT, excise duties
• 7) Public Debt Management - European perspective I
• 8) Public Debt Management - European perspective II (case of PIIGS countries)
• 9) Fiscal aspects of the pension policy and its sustainability
• 10) Fiscal aspects of the health care policy
• 11) Innovative tools of public finance management and its innovations

Literature

required literature
• MIRRLEES, James A. and Stuart ADAM. Tax by design : the Mirrlees review. 1st ed. Oxford: Oxford University Press, 2011, xvii, 531. ISBN 9780199553747. info
• HYMAN, David N. Public finance : a contemporary application of theory to policy. 11e. Stanford: Cengage Learning, 2014, xvi, 698. ISBN 9781285173955. info
• Řízení veřených výdajů :odborná příručka pro tranzitivní země. Edited by Richard Allen - Daniel Tommasi. České vyd. Praha: Ministerstvo financí ČR, 2002, 496 s. ISBN 80-85045-12-5. info
• DVOŘÁK, Pavel. Veřejné finance, fiskální nerovnováha a finanční krize. Vyd. 1. Praha: C.H. Beck, 2008, xx, 343. ISBN 9788074000751. info

recommended literature
• MEDVEĎ, Jozef. Verejné financie. Bratislava: Sprint, vfra, 2005, 464 s. ISBN 8089085326. info
• KÖNIG, Petr. Rozpočet a politiky Evropské unie : příležitost pro změnu. 2. aktualiz. vyd. Praha: C.H. Beck, 2009, xxxiv, 630. ISBN 9788074000119. info
• PEKOVÁ, Jitka. Veřejné finance : teorie a praxe v ČR. Vyd. 1. Praha: Wolters Kluwer Česká republika, 2011, 642 s. ISBN 9788073576981. info
• MIRRLEES, James A. Welfare, incentives, and taxation. Oxford: Oxford University Press, 2006, xii, 656. ISBN 9780198295211. info
• KUBÁTOVÁ, Květa. Daňová teorie a politika. 7. vydání. Praha: Wolters Kluwer, 2018, 269 stran. ISBN 9788075981653. info

Teaching methods

The course takes the form of both lectures and seminars. There are explained main thesis of the topics within lectures, which are further discussed during seminars. Students show their comprehension of the topic by interpretation and comparison of main relation within. Presentation of students' homework is a part of each seminar. Students focus on the particular problem from the given topic, which they analyze and demonstrate possible solutions with usage of a practical example.

Assessment methods

The course is concluded with an oral exam. The oral exam, however, might be omitted. Based on a continuous evaluation during the whole term, students acquire points: two written tests (each counts for 30 points) and elaboration (and presentation) of three group seminar works (each up to 10 points). The teacher can award students with “bonus” points for their activity during seminars and can assign voluntary Essay at the end of the semester (up to 10 points). The sum of points is the suggestion for a grade before the oral exam. The final grade does not differ more than two grade from suggested grade.
Classification scheme - suggested grade for the oral exam (roughly):
A (78 and more)
B [71 - 78)
C [65 - 71)
D [58 - 65)
E [53 - 58)
F [50 - 53)
grade X (this is final grade, student does not sit oral exam) [0 - 50)
Any aspects differing from the above are specified in the interactive syllabus before the semester starts.

Language of instruction

Czech

Further Comments

Study Materials
The course is taught annually.

MPV_VEF2 Public Finance 2

Extent and Intensity

2/1/0. 8 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Ing. Eduard Bakoš, Ph.D. (lecturer)

Guaranteed by

doc. Ing. Robert Jahoda, Ph.D.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Jana Biskupová
Supplier department: Department of Public Economics – Faculty of Economics and Administration

Timetable

Tue 14:00–15:50 P303, except Tue 13. 9., except Tue 1. 11.

• Timetable of Seminar Groups:

MPV_VEF2/01: Wed 8:00–9:50 P302a, except Wed 14. 9., except Wed 2. 11., E. Bakoš, R. Jahoda

Prerequisites

The course is a follow-up to the Public Finance I course, students are expected to have full knowledge on this level.

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

• Economic Policy and International Relations (programme ESF, N-HPMV)
• Economic Policy and International Relations (programme ESF, N-HPS)
• Public Economics and Administration (programme ESF, N-HPS)
• Public Economics and Administration (programme ESF, N-VES)
• Public Economics (programme ESF, N-HPS)

Course objectives

The main objective of the course is on the one hand to deepen the theoretical knowledge of public finance and on the other hand to apply it to concrete examples from economic policy practice. The interpretation is based on the historical development of tax theories, on the basis of which we analyse in more detail tax principles and the possibilities of their application in achieving economic policy objectives. The second part of the course focuses on aspects of the long-term sustainability of public finances, fiscal federalism and the financing of selected areas of the public sector. The main objective of the seminars is to deepen the knowledge acquired in the lectures, where selected issues are discussed using practical examples (case studies, analyses, etc.).Students are divided into groups in which they prepare practically oriented seminar papers (case studies). They are thus encouraged to work as a team and deepen their presentation skills.

Learning outcomes

At the end of the course students should be able to: * understand and explain the development and role of tax policy,

* asses distributional and economic impacts of changes in present tax policy,

* make reasoned decisions about own tax liabilities in the light of discussed reforms,

* use acquired knowledge of present development and deduce impacts of tax policy on future development,

* evaluate fiscal sustainability of public finance and its influence on future reforms,

* understand both the theory and practice of the budget policy, together with public expenditure management,

* compare different models of pension system and their possible impact on individual pension adequacy,

* understand financial flows in health-care.

Syllabus

• The content of the course is divided into two blocs. The first one concentrates more on tax policy, the second one deals with public finance sustainability issues. An indicative breakdown of topics: 1) Introduction to the course, revision of previous knowledge
• 2) Tax incidence and equity – measurement and interpretation
• 3) The supply side of the economy and taxation
• 4) Current tax policy, its issues and future prospects in the Czech Republic
• 5) Corporate income tax and personal income tax
• 6) Indirect taxes - AT, excise duties
• 7) Public Debt Management - European perspective I
• 8) Public Debt Management - European perspective II (case of PIIGS countries)
• 9) Fiscal aspects of the pension policy and its sustainability
• 10) Fiscal aspects of the health care policy
• 11) Innovative tools of public finance management and its innovations

Literature

required literature
• MIRRLEES, James A. and Stuart ADAM. Tax by design : the Mirrlees review. 1st ed. Oxford: Oxford University Press, 2011, xvii, 531. ISBN 9780199553747. info
• HYMAN, David N. Public finance : a contemporary application of theory to policy. 11e. Stanford: Cengage Learning, 2014, xvi, 698. ISBN 9781285173955. info
• Řízení veřených výdajů :odborná příručka pro tranzitivní země. Edited by Richard Allen - Daniel Tommasi. České vyd. Praha: Ministerstvo financí ČR, 2002, 496 s. ISBN 80-85045-12-5. info
• DVOŘÁK, Pavel. Veřejné finance, fiskální nerovnováha a finanční krize. Vyd. 1. Praha: C.H. Beck, 2008, xx, 343. ISBN 9788074000751. info

recommended literature
• MEDVEĎ, Jozef. Verejné financie. Bratislava: Sprint, vfra, 2005, 464 s. ISBN 8089085326. info
• KÖNIG, Petr. Rozpočet a politiky Evropské unie : příležitost pro změnu. 2. aktualiz. vyd. Praha: C.H. Beck, 2009, xxxiv, 630. ISBN 9788074000119. info
• PEKOVÁ, Jitka. Veřejné finance : teorie a praxe v ČR. Vyd. 1. Praha: Wolters Kluwer Česká republika, 2011, 642 s. ISBN 9788073576981. info
• MIRRLEES, James A. Welfare, incentives, and taxation. Oxford: Oxford University Press, 2006, xii, 656. ISBN 9780198295211. info
• KUBÁTOVÁ, Květa. Daňová teorie a politika. 7. vydání. Praha: Wolters Kluwer, 2018, 269 stran. ISBN 9788075981653. info

Teaching methods

The course takes the form of both lectures and seminars. There are explained main thesis of the topics within lectures, which are further discussed during seminars. Students show their comprehension of the topic by interpretation and comparison of main relation within. Presentation of students' homework is a part of each seminar. Students focus on the particular problem from the given topic, which they analyze and demonstrate possible solutions with usage of a practical example.

Assessment methods

The course is concluded with an oral exam. The oral exam, however, might be omitted. Based on a continuous evaluation during the whole term, students acquire points: two written tests (each counts for 30 points) and elaboration (and presentation) of three group seminar works (each up to 10 points). The teacher can award students with “bonus” points for their activity during seminars and can assign voluntary Essay at the end of the semester (up to 10 points). The sum of points is the suggestion for a grade before the oral exam. The final grade does not differ more than two grade from suggested grade.
Classification scheme - suggested grade for the oral exam (roughly):
A (78 and more)
B [71 - 78)
C [65 - 71)
D [58 - 65)
E [53 - 58)
F [50 - 53)
grade X (this is final grade, student does not sit oral exam) [0 - 50)
Any aspects differing from the above are specified in the interactive syllabus before the semester starts.

Language of instruction

Czech

Further Comments

Study Materials
The course is taught annually.

MPV_VEF2 Public Finance 2

Extent and Intensity

2/1/0. 8 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Ing. Eduard Bakoš, Ph.D. (lecturer)
Ing. Filip Hrůza, Ph.D. (lecturer)
Tommaso Reggiani, PhD (lecturer)

Guaranteed by

doc. Ing. Robert Jahoda, Ph.D.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Jana Biskupová
Supplier department: Department of Public Economics – Faculty of Economics and Administration

Timetable

Tue 14:00–15:50 P303, except Tue 14. 9., except Tue 2. 11.

• Timetable of Seminar Groups:

MPV_VEF2/01: Wed 8:00–9:50 P302a, except Wed 15. 9., except Wed 3. 11., E. Bakoš, R. Jahoda

Prerequisites

The course is a follow-up to the Public Finance I course, students are expected to have full knowledge on this level.

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

there are 6 fields of study the course is directly associated with, display

Course objectives

The main objective of the course is on the one hand to deepen the theoretical knowledge of public finance and on the other hand to apply it to concrete examples from economic policy practice. The interpretation is based on the historical development of tax theories, on the basis of which we analyse in more detail tax principles and the possibilities of their application in achieving economic policy objectives. The second part of the course focuses on aspects of the long-term sustainability of public finances, fiscal federalism and the financing of selected areas of the public sector. The main objective of the seminars is to deepen the knowledge acquired in the lectures, where selected issues are discussed using practical examples (case studies, analyses, etc.).Students are divided into groups in which they prepare practically oriented seminar papers (case studies). They are thus encouraged to work as a team and deepen their presentation skills.

Learning outcomes

At the end of the course students should be able to: * understand and explain the development and role of tax policy,

* asses distributional and economic impacts of changes in present tax policy,

* make reasoned decisions about own tax liabilities in the light of discussed reforms,

* use acquired knowledge of present development and deduce impacts of tax policy on future development,

* evaluate fiscal sustainability of public finance and its influence on future reforms,

* understand both the theory and practice of the budget policy, together with public expenditure management,

* compare different models of pension system and their possible impact on individual pension adequacy,

* understand financial flows in health-care.

Syllabus

• The content of the course is divided into two blocs. The first one concentrates more on tax policy, the second one deals with public finance sustainability issues. An indicative breakdown of topics: 1) Introduction to the course, revision of previous knowledge
• 2) Tax incidence and equity – measurement and interpretation
• 3) The supply side of the economy and taxation
• 4) Current tax policy, its issues and future prospects in the Czech Republic
• 5) Corporate income tax and personal income tax
• 6) Indirect taxes - AT, excise duties
• 7) Public Debt Management - European perspective I
• 8) Public Debt Management - European perspective II (case of PIIGS countries)
• 9) Fiscal aspects of the pension policy and its sustainability
• 10) Fiscal aspects of the health care policy
• 11) Innovative tools of public finance management and its innovations

Literature

required literature
• MIRRLEES, James A. and Stuart ADAM. Tax by design : the Mirrlees review. 1st ed. Oxford: Oxford University Press, 2011, xvii, 531. ISBN 9780199553747. info
• HYMAN, David N. Public finance : a contemporary application of theory to policy. 11e. Stanford: Cengage Learning, 2014, xvi, 698. ISBN 9781285173955. info
• Řízení veřených výdajů :odborná příručka pro tranzitivní země. Edited by Richard Allen - Daniel Tommasi. České vyd. Praha: Ministerstvo financí ČR, 2002, 496 s. ISBN 80-85045-12-5. info
• DVOŘÁK, Pavel. Veřejné finance, fiskální nerovnováha a finanční krize. Vyd. 1. Praha: C.H. Beck, 2008, xx, 343. ISBN 9788074000751. info

recommended literature
• MEDVEĎ, Jozef. Verejné financie. Bratislava: Sprint, vfra, 2005, 464 s. ISBN 8089085326. info
• KÖNIG, Petr. Rozpočet a politiky Evropské unie : příležitost pro změnu. 2. aktualiz. vyd. Praha: C.H. Beck, 2009, xxxiv, 630. ISBN 9788074000119. info
• PEKOVÁ, Jitka. Veřejné finance : teorie a praxe v ČR. Vyd. 1. Praha: Wolters Kluwer Česká republika, 2011, 642 s. ISBN 9788073576981. info
• MIRRLEES, James A. Welfare, incentives, and taxation. Oxford: Oxford University Press, 2006, xii, 656. ISBN 9780198295211. info
• KUBÁTOVÁ, Květa. Daňová teorie a politika. 7. vydání. Praha: Wolters Kluwer, 2018, 269 stran. ISBN 9788075981653. info

Teaching methods

The course takes the form of both lectures and seminars. There are explained main thesis of the topics within lectures, which are further discussed during seminars. Students show their comprehension of the topic by interpretation and comparison of main relation within. Presentation of students' homework is a part of each seminar. Students focus on the particular problem from the given topic, which they analyze and demonstrate possible solutions with usage of a practical example.

Assessment methods

The course is concluded with an oral exam. The oral exam, however, might be omitted. Based on a continuous evaluation during the whole term, students acquire points: two written tests (each counts for 30 points) and elaboration (and presentation) of three group seminar works (each up to 10 points). The teacher can award students with “bonus” points for their activity during seminars and can assign voluntary Essay at the end of the semester (up to 10 points). The sum of points is the suggestion for a grade before the oral exam. The final grade does not differ more than two grade from suggested grade.
Classification scheme - suggested grade for the oral exam (roughly):
A (78 and more)
B [71 - 78)
C [65 - 71)
D [58 - 65)
E [53 - 58)
F [50 - 53)
grade X (this is final grade, student does not sit oral exam) [0 - 50)
Any aspects differing from the above are specified in the interactive syllabus before the semester starts.

Language of instruction

Czech

Further Comments

Study Materials
The course is taught annually.

MPV_VEF2 Public Finance 2

Extent and Intensity

2/1/0. 8 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Ing. Eduard Bakoš, Ph.D. (lecturer)
Ing. Filip Hrůza, Ph.D. (lecturer)
Tommaso Reggiani, PhD (lecturer)

Guaranteed by

doc. Ing. Robert Jahoda, Ph.D.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Jana Biskupová
Supplier department: Department of Public Economics – Faculty of Economics and Administration

Timetable

Tue 14:00–15:50 P303

• Timetable of Seminar Groups:

MPV_VEF2/01: Wed 8:00–9:50 P302a, E. Bakoš, R. Jahoda

Prerequisites

The course is a follow-up to the Public Finance I course, students are expected to have full knowledge on this level.

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

there are 6 fields of study the course is directly associated with, display

Course objectives

The main objective of the course is to expand students’ theoretical knowledge and skills in the areas of public finance and tax policy and their evaluation. The course focuses particularly on addressing the question how taxes may be used as a tool for achieving governmental policies. Specific attention is also paid to the fiscal sustainability issue.

Learning outcomes

At the end of the course students should be able to: * understand and explain the development and role of tax policy,

* asses distributional and economic impacts of changes in present tax policy,

* make reasoned decisions about own tax liabilities in the light of discussed reforms,

* use acquired knowledge of present development and deduce impacts of tax policy on future development,

* evaluate fiscal sustainability of public finance and its influence on future reforms,

* understand both the theory and practice of the budget policy, together with public expenditure management,

* compare different models of pension system and their possible impact on individual pension adequacy,

* understand financial flows in health-care.

Syllabus

• The content of the course is divided into two blocs. The first one concentrates more on tax policy, the second one deals with public finance sustainability issues. An indicative breakdown of topics: 1) Introduction to the course, revision of previous knowledge
• 2) Tax incidence and equity – measurement and interpretation
• 3) The supply side of the economy and taxation
• 4) Current tax policy, its issues and future prospects in the Czech Republic
• 5) Corporate income tax and personal income tax
• 6) Indirect taxes - AT, excise duties
• 7) Public Debt Management - European perspective I
• 8) Public Debt Management - European perspective II (case of PIIGS countries)
• 9) Fiscal aspects of the pension policy and its sustainability
• 10) Fiscal aspects of the health care policy
• 11) Innovative tools of public finance management and its innovations

Literature

required literature
• MIRRLEES, James A. and Stuart ADAM. Tax by design : the Mirrlees review. 1st ed. Oxford: Oxford University Press, 2011, xvii, 531. ISBN 9780199553747. info
• Řízení veřených výdajů :odborná příručka pro tranzitivní země. Edited by Richard Allen - Daniel Tommasi. České vyd. Praha: Ministerstvo financí ČR, 2002, 496 s. ISBN 80-85045-12-5. info
• HYMAN, David N. Public finance : a contemporary application of theory to policy. 9th ed. Mason: Thomson South-Western, 2008, xix, 748. ISBN 9780324537192. info
• DVOŘÁK, Pavel. Veřejné finance, fiskální nerovnováha a finanční krize. Vyd. 1. Praha: C.H. Beck, 2008, xx, 343. ISBN 9788074000751. info

recommended literature
• MEDVEĎ, Jozef. Verejné financie. Bratislava: Sprint, vfra, 2005, 464 s. ISBN 8089085326. info
• KÖNIG, Petr. Rozpočet a politiky Evropské unie : příležitost pro změnu. 2. aktualiz. vyd. Praha: C.H. Beck, 2009, xxxiv, 630. ISBN 9788074000119. info
• PEKOVÁ, Jitka. Veřejné finance : teorie a praxe v ČR. Vyd. 1. Praha: Wolters Kluwer Česká republika, 2011, 642 s. ISBN 9788073576981. info
• MIRRLEES, James A. Welfare, incentives, and taxation. Oxford: Oxford University Press, 2006, xii, 656. ISBN 9780198295211. info
• KUBÁTOVÁ, Květa. Daňová teorie a politika. 7. vydání. Praha: Wolters Kluwer, 2018, 269 stran. ISBN 9788075981653. info

Teaching methods

The course takes the form of both lectures and seminars. There are explained main thesis of the topics within lectures, which are further discussed during seminars. Students show their comprehension of the topic by interpretation and comparison of main relation within. Presentation of students' homework is a part of each seminar. Students focus on the particular problem from the given topic, which they analyze and demonstrate possible solutions with usage of a practical example.

Assessment methods

The course is concluded with an oral exam. The oral exam, however, might be omitted. Based on a continuous evaluation during the whole term, students acquire points: two written tests (each counts for 30 points) and elaboration (and presentation) of three group seminar works (each up to 10 points). The teacher can award students with “bonus” points for their activity during seminars and can assign voluntary Essay at the end of the semester (up to 10 points). The sum of points is the suggestion for a grade before the oral exam. The final grade does not differ more than two grade from suggested grade.
Classification scheme - suggested grade for the oral exam (roughly):
A (78 and more)
B [71 - 78)
C [65 - 71)
D [58 - 65)
E [53 - 58)
F [50 - 53)
grade X (this is final grade, student does not sit oral exam) [0 - 50)
Any aspects differing from the above are specified in the interactive syllabus before the semester starts.

Language of instruction

Czech

Further Comments

Study Materials
The course is taught annually.

Information about innovation of course.

This course has been innovated under the project "Inovace studia ekonomických disciplín v souladu s požadavky znalostní ekonomiky (CZ.1.07/2.2.00/28.0227)" which is cofinanced by the European Social Fond and the national budget of the Czech Republic.

MPV_VEF2 Public Finance 2

Extent and Intensity

2/1/0. 8 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Ing. Eduard Bakoš, Ph.D. (lecturer)
Ing. Filip Hrůza, Ph.D. (lecturer)
Tommaso Reggiani, PhD (lecturer)

Guaranteed by

doc. Ing. Robert Jahoda, Ph.D.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Jana Biskupová
Supplier department: Department of Public Economics – Faculty of Economics and Administration

Timetable

Tue 14:00–15:50 P303

• Timetable of Seminar Groups:

MPV_VEF2/01: Wed 8:00–9:50 P302a, E. Bakoš, R. Jahoda

Prerequisites

The course is a follow-up to the Public Finance I course, students are expected to have full knowledge on this level.

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

there are 6 fields of study the course is directly associated with, display

Course objectives

The main objective of the course is to expand students’ theoretical knowledge and skills in the areas of public finance and tax policy and their evaluation. The course focuses particularly on addressing the question how taxes may be used as a tool for achieving governmental policies. Specific attention is also paid to the fiscal sustainability issue.

Learning outcomes

At the end of the course students should be able to: * understand and explain the development and role of tax policy,

* asses distributional and economic impacts of changes in present tax policy,

* make reasoned decisions about own tax liabilities in the light of discussed reforms,

* use acquired knowledge of present development and deduce impacts of tax policy on future development,

* evaluate fiscal sustainability of public finance and its influence on future reforms,

* understand both the theory and practice of the budget policy, together with public expenditure management,

* compare different models of pension system and their possible impact on individual pension adequacy,

* understand financial flows in health-care.

Syllabus

• The content of the course is divided into two blocs. The first one concentrates more on tax policy, the second one deals with public finance sustainability issues. An indicative breakdown of topics: 1) Introduction to the course, revision of previous knowledge
• 2) Tax incidence and equity – measurement and interpretation
• 3) The supply side of the economy and taxation
• 4) Current tax policy, its issues and future prospects in the Czech Republic
• 5) Corporate income tax and personal income tax
• 6) Indirect taxes - AT, excise duties
• 7) Public Debt Management - European perspective I
• 8) Public Debt Management - European perspective II (case of PIIGS countries)
• 9) Fiscal aspects of the pension policy and its sustainability
• 10) Fiscal aspects of the health care policy
• 11) Innovative tools of public finance management and its innovations

Literature

required literature
• MIRRLEES, James A. and Stuart ADAM. Tax by design : the Mirrlees review. 1st ed. Oxford: Oxford University Press, 2011, xvii, 531. ISBN 9780199553747. info
• Řízení veřených výdajů :odborná příručka pro tranzitivní země. Edited by Richard Allen - Daniel Tommasi. České vyd. Praha: Ministerstvo financí ČR, 2002, 496 s. ISBN 80-85045-12-5. info
• HYMAN, David N. Public finance : a contemporary application of theory to policy. 9th ed. Mason: Thomson South-Western, 2008, xix, 748. ISBN 9780324537192. info
• DVOŘÁK, Pavel. Veřejné finance, fiskální nerovnováha a finanční krize. Vyd. 1. Praha: C.H. Beck, 2008, xx, 343. ISBN 9788074000751. info

recommended literature
• MEDVEĎ, Jozef. Verejné financie. Bratislava: Sprint, vfra, 2005, 464 s. ISBN 8089085326. info
• KÖNIG, Petr. Rozpočet a politiky Evropské unie : příležitost pro změnu. 2. aktualiz. vyd. Praha: C.H. Beck, 2009, xxxiv, 630. ISBN 9788074000119. info
• PEKOVÁ, Jitka. Veřejné finance : teorie a praxe v ČR. Vyd. 1. Praha: Wolters Kluwer Česká republika, 2011, 642 s. ISBN 9788073576981. info
• MIRRLEES, James A. Welfare, incentives, and taxation. Oxford: Oxford University Press, 2006, xii, 656. ISBN 9780198295211. info
• KUBÁTOVÁ, Květa. Daňová teorie a politika. 7. vydání. Praha: Wolters Kluwer, 2018, 269 stran. ISBN 9788075981653. info

Teaching methods

The course takes the form of both lectures and seminars. There are explained main thesis of the topics within lectures, which are further discussed during seminars. Students show their comprehension of the topic by interpretation and comparison of main relation within. Presentation of students' homework is a part of each seminar. Students focus on the particular problem from the given topic, which they analyze and demonstrate possible solutions with usage of a practical example.

Assessment methods

The course is concluded with an oral exam. The oral exam, however, might be omitted. Based on a continuous evaluation during the whole term, students acquire points: two written tests (each counts for 30 points) and elaboration (and presentation) of three group seminar works (each up to 10 points). The teacher can award students with “bonus” points for their activity during seminars and can assign voluntary Essay at the end of the semester (up to 10 points). The sum of points is the suggestion for a grade before the oral exam. The final grade does not differ more than two grade from suggested grade.
Classification scheme - suggested grade for the oral exam (roughly):
A (78 and more)
B [71 - 78)
C [65 - 71)
D [58 - 65)
E [53 - 58)
F [50 - 53)
grade X (this is final grade, student does not sit oral exam) [0 - 50)
Any aspects differing from the above are specified in the interactive syllabus before the semester starts.

Language of instruction

Czech

Further Comments

The course is taught annually.

MPV_VEF2 Public Finance 2

Extent and Intensity

2/1/0. 8 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Ing. Eduard Bakoš, Ph.D. (lecturer)
Mgr. Ing. Petra Dvořáková, Ph.D. (lecturer)
doc. PhDr. Jan Šelešovský, CSc. (lecturer)
Zbyněk Cincibus (assistant)

Guaranteed by

doc. Ing. Robert Jahoda, Ph.D.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Jana Biskupová
Supplier department: Department of Public Economics – Faculty of Economics and Administration

Timetable

Tue 14:00–15:50 P303

• Timetable of Seminar Groups:

MPV_VEF2/01: Wed 8:00–9:50 P302b, E. Bakoš, P. Dvořáková, R. Jahoda
MPV_VEF2/02: Wed 10:00–11:50 P302b, E. Bakoš, P. Dvořáková, R. Jahoda

Prerequisites

The course is a follow-up to the Public Finance I 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

• Economic Policy and International Relations (programme ESF, N-HPS)
• Public Economics and Administration (programme ESF, M-HPS)
• Public Economics and Administration (programme ESF, N-HPS)
• Public Economics (programme ESF, N-HPS)

Course objectives

The main objective of the course is to expand students’ theoretical knowledge and skills in the areas of public finance and tax policy and their evaluation. The course focuses particularly on addressing the question how taxes may be used as a tool for achieving governmental policies. Specific attention is also paid to the fiscal sustainability issue.

Learning outcomes

At the end of the course students should be able to: * understand and explain the development and role of tax policy,

* asses distributional and economic impacts of changes in present tax policy,

* make reasoned decisions about own tax liabilities in the light of discussed reforms,

* use acquired knowledge of present development and deduce impacts of tax policy on future development,

* evaluate fiscal sustainability of public finance and its influence on future reforms,

* understand both the theory and practice of the budget policy, together with public expenditure management,

* compare different models of pension system and their possible impact on individual pension adequacy,

* understand financial flows in health-care.

Syllabus

• The content of the course is divided into two blocs. The first one concentrate more on tax policy, the second one deals with public finance sustainability issues. Indicative breakdown of topics: 1) Introduction to the course, revision of previous knowledge
• 2) Tax incidence and equity – measurement and interpretation
• 3) Supply side of the economy and taxation
• 4) Current tax policy, its issues and future prospects in the Czech Republic
• 5) Corporate income tax and personal income tax
• 6) Indirect taxes - AT, excise duties
• 7) Public Debt Management - European perspective I
• 8) Public Debt Management - European perspective II (case of PIIGS countries)
• 9) Pension policy and its sustainability
• 10) Health Care Policy
• 11) Public Finance Management and its innovations

Literature

required literature
• MIRRLEES, James A. and Stuart ADAM. Tax by design : the Mirrlees review. 1st ed. Oxford: Oxford University Press, 2011, xvii, 531. ISBN 9780199553747. info
• Řízení veřených výdajů :odborná příručka pro tranzitivní země. Edited by Richard Allen - Daniel Tommasi. České vyd. Praha: Ministerstvo financí ČR, 2002, 496 s. ISBN 80-85045-12-5. info
• HYMAN, David N. Public finance : a contemporary application of theory to policy. 9th ed. Mason: Thomson South-Western, 2008, xix, 748. ISBN 9780324537192. info
• DVOŘÁK, Pavel. Veřejné finance, fiskální nerovnováha a finanční krize. Vyd. 1. Praha: C.H. Beck, 2008, xx, 343. ISBN 9788074000751. info

recommended literature
• MEDVEĎ, Jozef. Verejné financie. Bratislava: Sprint, vfra, 2005, 464 s. ISBN 8089085326. info
• KÖNIG, Petr. Rozpočet a politiky Evropské unie : příležitost pro změnu. 2. aktualiz. vyd. Praha: C.H. Beck, 2009, xxxiv, 630. ISBN 9788074000119. info
• PEKOVÁ, Jitka. Veřejné finance : teorie a praxe v ČR. Vyd. 1. Praha: Wolters Kluwer Česká republika, 2011, 642 s. ISBN 9788073576981. info
• MIRRLEES, James A. Welfare, incentives, and taxation. Oxford: Oxford University Press, 2006, xii, 656. ISBN 9780198295211. info
• KUBÁTOVÁ, Květa. Daňová teorie a politika. 5., aktualiz. vyd. Praha: Wolters Kluwer Česká republika, 2010, 275 s. ISBN 9788073575748. info

Teaching methods

The course takes the form of both lectures and seminars. There are explained main thesis of the topics within lectures, which are further discussed during seminars. Students show their comprehension of the topic by interpretation and comparison of main relation within. Presentation of students' homework is a part of each seminar. Students focus on the particular problem from the given topic, which they analyze and demonstrate possible solutions with usage of a practical example.

Assessment methods

The course is concluded with an oral exam. The oral exam, however, might be omitted. Based on a continuous evaluation during the whole term, students acquire points: two written tests (each counts for 30 points) and elaboration (and presentation) of three group seminar works (each up to 10 points). The teacher can award students with “bonus” points if they are active during seminars and can assign voluntary Essay at the end of the semester (up to 10 points). The maximum number of points is not set. The sum of points helps suggest a grade for oral exam. The final grade does not differ more than two grade from suggested grade.
Classification scheme - suggested grade for the oral exam:
Grade and Point numbers (roughly)
A (78 and more)
B [71 - 78)
C [65 - 71)
D [58 - 65)
E [53 - 58)
F [50 - 53)
grade X (this is final grade, student does not sit oral exam) [0 - 50)
The current “Classification scheme” may slightly vary from the one described above. If students do not gain the required minimum of points (50 points), the teacher regards it as the absence of their continuous preparation. It means that students can not re-take “failed” tests or seminar work. In this case, a student is graded with an "X" according to internal norms of Masaryk University.
Requirements (including the literature) are specified further in the interactive syllabus and the downloadable study plan before the semester starts.

Language of instruction

Czech

Further Comments

The course is taught annually.

MPV_VEF2 Public Finance 2

Extent and Intensity

2/1/0. 8 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Ing. Eduard Bakoš, Ph.D. (lecturer)
Mgr. Ing. Petra Dvořáková, Ph.D. (lecturer)
doc. PhDr. Jan Šelešovský, CSc. (lecturer)
Zbyněk Cincibus (assistant)

Guaranteed by

doc. Ing. Robert Jahoda, Ph.D.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Jana Biskupová
Supplier department: Department of Public Economics – Faculty of Economics and Administration

Timetable

Tue 7:40–9:15 P106

• Timetable of Seminar Groups:

MPV_VEF2/01: Tue 9:20–11:00 P103, E. Bakoš, P. Dvořáková, R. Jahoda
MPV_VEF2/02: Tue 14:35–16:15 P303, E. Bakoš, P. Dvořáková, R. Jahoda

Prerequisites

The course is a follow-up to the Public Finance I 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

• Economic Policy and International Relations (programme ESF, N-HPS)
• Public Economics and Administration (programme ESF, M-HPS)
• Public Economics and Administration (programme ESF, N-HPS)
• Public Economics (programme ESF, N-HPS)

Course objectives

The main objective of the course is to expand students’ theoretical knowledge and skills in the areas of public finance and tax policy and their evaluation. The course focuses particularly on addressing the question how taxes may be used as a tool for achieving governmental policies. Specific attention is also paid to the fiscal sustainability issue.

Learning outcomes

At the end of the course students should be able to: * understand and explain the development and role of tax policy,

* asses distributional and economic impacts of changes in present tax policy,

* make reasoned decisions about own tax liabilities in the light of discussed reforms,

* use acquired knowledge of present development and deduce impacts of tax policy on future development,

* evaluate fiscal sustainability of public finance and its influence on future reforms,

* understand both the theory and practice of the budget policy, together with public expenditure management,

* compare different models of pension system and their possible impact on individual pension adequacy,

* understand financial flows in health-care.

Syllabus

• The content of the course is divided into two blocs. The first one concentrate more on tax policy, the second one deals with public finance sustainability issues. Indicative breakdown of topics: 1) Introduction to the course, revision of previous knowledge
• 2) Tax incidence and equity – measurement and interpretation
• 3) Supply side of the economy and taxation
• 4) Current tax policy, its issues and future prospects in the Czech Republic
• 5) Corporate income tax and personal income tax
• 6) Indirect taxes - AT, excise duties
• 7) Public Debt Management - European perspective I
• 8) Public Debt Management - European perspective II (case of PIIGS countries)
• 9) Pension policy and its sustainability
• 10) Health Care Policy
• 11) Public Finance Management and its innovations

Literature

required literature
• MIRRLEES, James A. and Stuart ADAM. Tax by design : the Mirrlees review. 1st ed. Oxford: Oxford University Press, 2011, xvii, 531. ISBN 9780199553747. info
• Řízení veřených výdajů :odborná příručka pro tranzitivní země. Edited by Richard Allen - Daniel Tommasi. České vyd. Praha: Ministerstvo financí ČR, 2002, 496 s. ISBN 80-85045-12-5. info
• HYMAN, David N. Public finance : a contemporary application of theory to policy. 9th ed. Mason: Thomson South-Western, 2008, xix, 748. ISBN 9780324537192. info
• DVOŘÁK, Pavel. Veřejné finance, fiskální nerovnováha a finanční krize. Vyd. 1. Praha: C.H. Beck, 2008, xx, 343. ISBN 9788074000751. info

recommended literature
• MEDVEĎ, Jozef. Verejné financie. Bratislava: Sprint, vfra, 2005, 464 s. ISBN 8089085326. info
• KÖNIG, Petr. Rozpočet a politiky Evropské unie : příležitost pro změnu. 2. aktualiz. vyd. Praha: C.H. Beck, 2009, xxxiv, 630. ISBN 9788074000119. info
• PEKOVÁ, Jitka. Veřejné finance : teorie a praxe v ČR. Vyd. 1. Praha: Wolters Kluwer Česká republika, 2011, 642 s. ISBN 9788073576981. info
• MIRRLEES, James A. Welfare, incentives, and taxation. Oxford: Oxford University Press, 2006, xii, 656. ISBN 9780198295211. info
• KUBÁTOVÁ, Květa. Daňová teorie a politika. 5., aktualiz. vyd. Praha: Wolters Kluwer Česká republika, 2010, 275 s. ISBN 9788073575748. info

Teaching methods

The course takes the form of both lectures and seminars. There are explained main thesis of the topics within lectures, which are further discussed during seminars. Students show their comprehension of the topic by interpretation and comparison of main relation within. Presentation of students' homework is a part of each seminar. Students focus on the particular problem from the given topic, which they analyze and demonstrate possible solutions with usage of a practical example.

Assessment methods

The course is concluded with an oral exam. The oral exam, however, might be omitted. Based on a continuous evaluation during the whole term, students acquire points: two written tests (each counts for 30 points) and elaboration (and presentation) of three group seminar works (each up to 10 points). The teacher can award students with “bonus” points if they are active during seminars and can assign voluntary Essay at the end of the semester (up to 10 points). The maximum number of points is not set. The sum of points helps suggest a grade for oral exam. The final grade does not differ more than two grade from suggested grade.
Classification scheme - suggested grade for the oral exam:
Grade and Point numbers (roughly)
A (78 and more)
B [71 - 78)
C [65 - 71)
D [58 - 65)
E [53 - 58)
F [50 - 53)
grade X (this is final grade, student does not sit oral exam) [0 - 50)
The current “Classification scheme” may slightly vary from the one described above. If students do not gain the required minimum of points (50 points), the teacher regards it as the absence of their continuous preparation. It means that students can not re-take “failed” tests or seminar work. In this case, a student is graded with an "X" according to internal norms of Masaryk University.
Requirements (including the literature) are specified further in the interactive syllabus and the downloadable study plan before the semester starts.

Language of instruction

Czech

Further Comments

Study Materials
The course is taught annually.

MPV_VEF2 Public Finance 2

Extent and Intensity

2/1/0. 8 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Ing. Eduard Bakoš, Ph.D. (lecturer)
Mgr. Ing. Petra Dvořáková, Ph.D. (lecturer)
Zbyněk Cincibus (assistant)

Guaranteed by

doc. Ing. Robert Jahoda, Ph.D.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Jana Biskupová
Supplier department: Department of Public Economics – Faculty of Economics and Administration

Timetable

Tue 7:40–9:15 P106

• Timetable of Seminar Groups:

MPV_VEF2/01: each odd Tuesday 9:20–11:00 P103, E. Bakoš, P. Dvořáková, R. Jahoda
MPV_VEF2/03: each odd Tuesday 14:35–16:15 P303, E. Bakoš, P. Dvořáková, R. Jahoda
MPV_VEF2/04: each even Tuesday 14:35–16:15 P303, E. Bakoš, P. Dvořáková, R. Jahoda

Prerequisites

The course is a follow-up to the Public Finance I 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

• Economic Policy and International Relations (programme ESF, N-HPS)
• Public Economics and Administration (programme ESF, M-HPS)
• Public Economics and Administration (programme ESF, N-HPS)
• Public Economics (programme ESF, N-HPS)

Course objectives

The main objective of the course is to expand students’ theoretical knowledge and skills in the areas of public finance and tax policy and their evaluation. The course focuses particularly on addressing the question how taxes may be used as a tool for achieving governmental policies. Specific attention is also paid to the fiscal sustainability issue. At the end of the course students should be able to: * understand and explain the development and role of tax policy, * asses distributional and economic impacts of changes in present tax policy, * make reasoned decisions about own tax liabilities, * use acquired knowledge of present development and deduce impacts of tax policy on future development, * evaluate fiscal sustainability of public finance,

* understand both the theory and practice of the budget policy,

* clarify various methods of public expenditure management,

* compare different models of pension system financing,

* understand financial flows in health-care,

* analyze public debt management.

Syllabus

• The content of the course is divided into two blocs. The first one concentrate more on tax policy, the second one deals with public finance sustainability issues. Indicative breakdown of topics: 1) Introduction to the course, revision of previous knowledge
• 2) Tax incidence and equity – measurement and interpretation
• 3) Supply side of the economy and taxation
• 4) Current tax policy, its issues and future prospects in the Czech Republic
• 5) Corporate income tax and personal income tax
• 6) Indirect taxes - AT, excise duties
• 7) Public Debt Management - European perspective I
• 8) Public Debt Management - European perspective II (case of PIIGS countries)
• 9) Pension policy and its sustainability
• 10) Health Care Policy
• 11) Public Finance Management and its innovations

Literature

required literature
• MIRRLEES, James A. and Stuart ADAM. Tax by design : the Mirrlees review. 1st ed. Oxford: Oxford University Press, 2011, xvii, 531. ISBN 9780199553747. info
• Řízení veřených výdajů :odborná příručka pro tranzitivní země. Edited by Richard Allen - Daniel Tommasi. České vyd. Praha: Ministerstvo financí ČR, 2002, 496 s. ISBN 80-85045-12-5. info
• HYMAN, David N. Public finance : a contemporary application of theory to policy. 9th ed. Mason: Thomson South-Western, 2008, xix, 748. ISBN 9780324537192. info
• DVOŘÁK, Pavel. Veřejné finance, fiskální nerovnováha a finanční krize. Vyd. 1. Praha: C.H. Beck, 2008, xx, 343. ISBN 9788074000751. info

recommended literature
• MEDVEĎ, Jozef. Verejné financie. Bratislava: Sprint, vfra, 2005, 464 s. ISBN 8089085326. info
• KÖNIG, Petr. Rozpočet a politiky Evropské unie : příležitost pro změnu. 2. aktualiz. vyd. Praha: C.H. Beck, 2009, xxxiv, 630. ISBN 9788074000119. info
• PEKOVÁ, Jitka. Veřejné finance : teorie a praxe v ČR. Vyd. 1. Praha: Wolters Kluwer Česká republika, 2011, 642 s. ISBN 9788073576981. info
• MIRRLEES, James A. Welfare, incentives, and taxation. Oxford: Oxford University Press, 2006, xii, 656. ISBN 9780198295211. info
• KUBÁTOVÁ, Květa. Daňová teorie a politika. 5., aktualiz. vyd. Praha: Wolters Kluwer Česká republika, 2010, 275 s. ISBN 9788073575748. info

Teaching methods

The course takes the form of both lectures and seminars. There are explained main thesis of the topics within lectures, which are further discussed during seminars. Students show their comprehension of the topic by interpretation and comparison of main relation within. Presentation of students' homework is a part of each seminar. Students focus on the particular problem from the given topic, which they analyze and demonstrate possible solutions with usage of a practical example.

Assessment methods

The course is concluded with an oral exam. The oral exam, however, might be omitted. Based on a continuous evaluation during the whole term, students acquire points: two written tests (each counts for 40 points) and elaboration (and presentation) of group seminar work (up to 20 points). The teacher can award students with “bonus” points if they are active during seminars. The maximum number of points is not set. For the final grade, all the points will be counted up, and the assessment will depend on the scale of assessment points.
Classification scheme:
Grade and Point numbers (roughly)
A (80 and more)
B (75 - 80)
C (70 - 75)
D (65 - 70)
E (60 - 65)
F with the possibility of correction (55 - 60)
F without the possibility of correction (0 - 55)
The current “Classification scheme” may slightly vary from the one described above. If students do not gain the required minimum of points (55 points), the teacher regards it as the absence of their continuous preparation. It means that students can re-take neither “failed” tests nor seminar work. In this case, a student is graded with an "-".
Requirements (including the literature) are specified further in the interactive syllabus and the downloadable study plan before the semester starts.

Language of instruction

Czech

Further Comments

Study Materials
The course is taught annually.

Information about innovation of course.

This course has been innovated under the project "Inovace studia ekonomických disciplín v souladu s požadavky znalostní ekonomiky (CZ.1.07/2.2.00/28.0227)" which is cofinanced by the European Social Fond and the national budget of the Czech Republic.

MPV_VEF2 Public Finance 2

Extent and Intensity

2/1/0. 8 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Ing. Eduard Bakoš, Ph.D. (lecturer)
Mgr. Ing. Petra Dvořáková, Ph.D. (lecturer)

Guaranteed by

doc. Ing. Robert Jahoda, Ph.D.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Jana Biskupová
Supplier department: Department of Public Economics – Faculty of Economics and Administration

Timetable

Tue 7:40–9:15 P106

• Timetable of Seminar Groups:

MPV_VEF2/01: each odd Tuesday 9:20–11:00 P103, E. Bakoš, P. Dvořáková, R. Jahoda
MPV_VEF2/02: each even Tuesday 9:20–11:00 P103, E. Bakoš, P. Dvořáková, R. Jahoda
MPV_VEF2/03: each odd Tuesday 14:35–16:15 P303, E. Bakoš, P. Dvořáková, R. Jahoda
MPV_VEF2/04: each even Tuesday 14:35–16:15 P303, E. Bakoš, P. Dvořáková, R. Jahoda

Prerequisites

The course is a follow-up to the Public Finance I 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

• Economic Policy and International Relations (programme ESF, N-HPS)
• Public Economics and Administration (programme ESF, M-HPS)
• Public Economics and Administration (programme ESF, N-HPS)
• Public Economics (programme ESF, N-HPS)

Course objectives

The main objective of the course is to expand students’ theoretical knowledge and skills in the areas of public finance and tax policy and their evaluation. The course focuses particularly on addressing the question how taxes may be used as a tool for achieving governmental policies. Specific attention is also paid to the fiscal sustainability issue. At the end of the course students should be able to: * understand and explain the development and role of tax policy, * asses distributional and economic impacts of changes in present tax policy, * make reasoned decisions about own tax liabilities, * use acquired knowledge of present development and deduce impacts of tax policy on future development, * evaluate fiscal sustainability of public finance,

* understand both the theory and practice of the budget policy,

* clarify various methods of public expenditure management,

* compare different models of pension system financing,

* understand financial flows in health-care,

* analyze public debt management.

Syllabus

• The content of the course is divided into two blocs. The first one concentrate more on tax policy, the second one deals with public finance sustainability issues. Indicative breakdown of topics: 1) Introduction to the course, revision of previous knowledge
• 2) Tax incidence and equity – measurement and interpretation
• 3) Supply side of the economy and taxation
• 4) Current tax policy, its issues and future prospects in the Czech Republic
• 5) Corporate income tax and personal income tax
• 6) Indirect taxes - AT, excise duties
• 7) Public Debt Management - European perspective I
• 8) Public Debt Management - European perspective II (case of PIIGS countries)
• 9) Pension policy and its sustainability
• 10) Health Care Policy
• 11) Public Finance Management and its innovations

Literature

required literature
• MIRRLEES, James A. and Stuart ADAM. Tax by design : the Mirrlees review. 1st ed. Oxford: Oxford University Press, 2011, xvii, 531. ISBN 9780199553747. info
• Řízení veřených výdajů :odborná příručka pro tranzitivní země. Edited by Richard Allen - Daniel Tommasi. České vyd. Praha: Ministerstvo financí ČR, 2002, 496 s. ISBN 80-85045-12-5. info
• HYMAN, David N. Public finance : a contemporary application of theory to policy. 9th ed. Mason: Thomson South-Western, 2008, xix, 748. ISBN 9780324537192. info
• DVOŘÁK, Pavel. Veřejné finance, fiskální nerovnováha a finanční krize. Vyd. 1. Praha: C.H. Beck, 2008, xx, 343. ISBN 9788074000751. info

recommended literature
• MEDVEĎ, Jozef. Verejné financie. Bratislava: Sprint, vfra, 2005, 464 s. ISBN 8089085326. info
• KÖNIG, Petr. Rozpočet a politiky Evropské unie : příležitost pro změnu. 2. aktualiz. vyd. Praha: C.H. Beck, 2009, xxxiv, 630. ISBN 9788074000119. info
• PEKOVÁ, Jitka. Veřejné finance : teorie a praxe v ČR. Vyd. 1. Praha: Wolters Kluwer Česká republika, 2011, 642 s. ISBN 9788073576981. info
• MIRRLEES, James A. Welfare, incentives, and taxation. Oxford: Oxford University Press, 2006, xii, 656. ISBN 9780198295211. info
• KUBÁTOVÁ, Květa. Daňová teorie a politika. 5., aktualiz. vyd. Praha: Wolters Kluwer Česká republika, 2010, 275 s. ISBN 9788073575748. info

Teaching methods

The course takes the form of both lectures and seminars. There are explained main thesis of the topics within lectures, which are further discussed during seminars. Students show their comprehension of the topic by interpretation and comparison of main relation within. Presentation of students' homework is a part of each seminar. Students focus on the particular problem from the given topic, which they analyze and demonstrate possible solutions with usage of a practical example.

Assessment methods

The course is concluded with an oral exam. The oral exam, however, might be omitted. Based on a continuous evaluation during the whole term, students acquire points: two written tests (each counts for 40 points) and elaboration (and presentation) of group seminar work (up to 20 points). The teacher can award students with “bonus” points if they are active during seminars. The maximum number of points is not set. For the final grade, all the points will be counted up, and the assessment will depend on the scale of assessment points.
Classification scheme:
Grade and Point numbers (roughly)
A (80 and more)
B (75 - 80)
C (70 - 75)
D (65 - 70)
E (60 - 65)
F with the possibility of correction (55 - 60)
F without the possibility of correction (0 - 55)
The current “Classification scheme” may slightly vary from the one described above. If students do not gain the required minimum of points (55 points), the teacher regards it as the absence of their continuous preparation. It means that students can re-take neither “failed” tests nor seminar work. In this case, a student is graded with an "-".
Requirements (including the literature) are specified further in the interactive syllabus and the downloadable study plan before the semester starts.

Language of instruction

Czech

Further Comments

Study Materials
The course is taught annually.

Information about innovation of course.

This course has been innovated under the project "Inovace studia ekonomických disciplín v souladu s požadavky znalostní ekonomiky (CZ.1.07/2.2.00/28.0227)" which is cofinanced by the European Social Fond and the national budget of the Czech Republic.

MPV_VEF2 Public Finance 2

Extent and Intensity

2/1/0. 6 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. PhDr. Jan Šelešovský, CSc. (lecturer)
Mgr. Ing. Lenka Matějová, Ph.D. (assistant)
doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Ing. Eduard Bakoš, Ph.D. (lecturer)
Mgr. Ing. Petra Dvořáková, Ph.D. (lecturer)
Ing. Michaela Horňáková (lecturer)

Guaranteed by

doc. PhDr. Jan Šelešovský, CSc.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Jana Biskupová
Supplier department: Department of Public Economics – Faculty of Economics and Administration

Timetable

Mon 11:05–12:45 P312

• Timetable of Seminar Groups:

MPV_VEF2/01: each odd Monday 12:50–14:30 P312, E. Bakoš, R. Jahoda, L. Matějová, J. Šelešovský
MPV_VEF2/02: each even Monday 12:50–14:30 P312, E. Bakoš, R. Jahoda, L. Matějová, J. Šelešovský

Prerequisites

! PVVFII Public Finance II
The course is a follow-up to the Public Finance I course. Only students who did not attend course PVVFII can enrol in 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

• Public Economics and Administration (programme ESF, M-HPS)
• Public Economics and Administration (programme ESF, N-HPS)
• Public Economics (programme ESF, N-HPS)

Course objectives

At the end of this course, students should be able to:

- identify contemporary issues of public finance

- understand both the theory and practice of the budget policy

- clarify various methods of public expenditure management

- explain the importance of public budget reforms in the Czech Republic and in general

- comprehend the importance of the state treasury and its activities

- compare different models of pension systems

- understand financial flows in health-care

- analyze public debt management

- evaulate fiscal sustainability of public finance

Syllabus

• The course covers the following topics that are scheduled for certain weeks of the semester:
  1st – 3rd week: Reforms of Public Budgets
  4th – 5th week: Public Expenditure Management
  6th – 7th week: State Treasury
  8th – 9th week: Public Debt Management
  10th – 11th week: European Public Finance – selected issues
  12th – 13th week: Contemporary Issues of Regional and Municipal Budgets

Literature

required literature
• Řízení veřených výdajů :odborná příručka pro tranzitivní země. Edited by Richard Allen - Daniel Tommasi. České vyd. Praha: Ministerstvo financí ČR, 2002, 496 s. ISBN 80-85045-12-5. info
• PEKOVÁ, Jitka. Veřejné finance : teorie a praxe v ČR. Vyd. 1. Praha: Wolters Kluwer Česká republika, 2011, 642 s. ISBN 9788073576981. info
• HAMERNÍKOVÁ, Bojka and Alena MAAYTOVÁ. Veřejné finance. 2., aktualiz. vyd. Praha: Wolters Kluwer Česká republika, 2010, 340 s. ISBN 9788073574970. info
• HYMAN, David N. Public finance : a contemporary application of theory to policy. 9th ed. Mason: Thomson South-Western, 2008, xix, 748. ISBN 9780324537192. info

recommended literature
• DVOŘÁK, Pavel. Veřejné finance, fiskální nerovnováha a finanční krize. Vyd. 1. Praha: C.H. Beck, 2008, xx, 343. ISBN 9788074000751. info
• MEDVEĎ, Jozef. Verejné financie. Bratislava: Sprint, vfra, 2005, 464 s. ISBN 8089085326. info
• KÖNIG, Petr. Rozpočet a politiky Evropské unie : příležitost pro změnu. 2. aktualiz. vyd. Praha: C.H. Beck, 2009, xxxiv, 630. ISBN 9788074000119. info
• PROVAZNÍKOVÁ, Romana. Financování měst, obcí a regionů : teorie a praxe. 2. aktualiz. a rozš. vyd. Praha: Grada, 2009, 304 s. ISBN 9788024727899. URL info
• Strategic public finance. Edited by S. J. Bailey. New York: Palgrave Macmillan, 2004, xiv, 288 p. ISBN 0333922212. info
• PEKOVÁ, Jitka. Finance územní samosprávy : teorie a praxe v ČR. Praha: Wolters Kluwer Česká republika, 2011, 587 s. ISBN 9788073576141. info
• ŠELEŠOVSKÝ, Jan. Hospodaření krajské samosprávy (Economic Management of the Region). První. Brno: Masarykova univerzita, 2010, 204 pp. ISBN 978-80-210-5423-3. info
• PEKOVÁ, Jitka and Jaroslav PILNÝ. Veřejná správa a finance veřejného sektoru. Edited by Marek Jetmar. 3., aktualiz. a rozš. vyd. Praha: ASPI, 2008, 712 s. ISBN 9788073573515. info

Teaching methods

The course takes the form of both lectures and seminars. There are explained main thesis of the topics within lectures, which are further discussed during seminars. Students show their comprehension of the topic by interpretation and comparison of main relation within. Presentation of students' homework is a part of each seminar. Students focus on the particular problem from the given topic, which they analyze and demonstrate possible solutions with usage of a practical example.

Assessment methods

The course is concluded with an oral exam. Students are eligible to take the oral exam provided that they gain at least 36 points during semester in the following activities:

1. seminar paper on a given topic (presentation - maximum 10 points, written paper - maximum 10 points);

2. written test in the last week of the semester (maximum 40 points);

3. points for being active during seminars (not limited).

Important information! If students commit a prohibited act, such as using various forbidden tools, cribbing, taking out any part of the exam or any other cheating, the teacher is allowed to interrupt an exam and to grade a student with F, FF or FFF according to the seriousness of the offence. The mentioned procedure relates to all the activities that are included in the final evaluation of the course (seminar work, essays, tests etc.).

Language of instruction

Czech

Further comments (probably available only in Czech)

The course is taught annually.
General note: Nezapisují si studenti, kteří absolvovali předmět PVVFII.

Information about innovation of course.

This course has been innovated under the project "Inovace studia ekonomických disciplín v souladu s požadavky znalostní ekonomiky (CZ.1.07/2.2.00/28.0227)" which is cofinanced by the European Social Fond and the national budget of the Czech Republic.

MPV_VEF2 Public Finance 2

Extent and Intensity

2/1/0. 6 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. PhDr. Jan Šelešovský, CSc. (lecturer)
Mgr. Ing. Lenka Matějová, Ph.D. (assistant)
doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Ing. Eduard Bakoš, Ph.D. (lecturer)

Guaranteed by

doc. PhDr. Jan Šelešovský, CSc.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Mgr. Kateřina Kociánová
Supplier department: Department of Public Economics – Faculty of Economics and Administration

Timetable

Mon 11:05–12:45 P312

• Timetable of Seminar Groups:

MPV_VEF2/01: each odd Monday 12:50–14:30 P312, E. Bakoš, R. Jahoda, L. Matějová, J. Šelešovský
MPV_VEF2/02: each even Monday 12:50–14:30 P312, E. Bakoš, R. Jahoda, L. Matějová, J. Šelešovský

Prerequisites

! PVVFII Public Finance II
The course is a follow-up to the Public Finance I course. Only students who did not attend course PVVFII can enrol in 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

• Public Economics and Administration (programme ESF, M-HPS)
• Public Economics and Administration (programme ESF, N-HPS)
• Public Economics (programme ESF, N-HPS)

Course objectives

At the end of this course, students should be able to:

- identify contemporary issues of public finance

- understand both the theory and practice of the budget policy

- clarify various methods of public expenditure management

- explain the importance of public budget reforms in the Czech Republic and in general

- comprehend the importance of the state treasury and its activities

- compare different models of pension systems

- understand financial flows in health-care

- analyze public debt management

- evaulate fiscal sustainability of public finance

Syllabus

• The course covers the following topics that are scheduled for certain weeks of the semester:
  1st – 3rd week: Reforms of Public Budgets
  4th – 5th week: Public Expenditure Management
  6th – 7th week: State Treasury
  8th – 9th week: Public Debt Management
  10th – 11th week: European Public Finance – selected issues
  12th – 13th week: Contemporary Issues of Regional and Municipal Budgets

Literature

required literature
• Řízení veřených výdajů :odborná příručka pro tranzitivní země. Edited by Richard Allen - Daniel Tommasi. České vyd. Praha: Ministerstvo financí ČR, 2002, 496 s. ISBN 80-85045-12-5. info
• PEKOVÁ, Jitka. Veřejné finance : teorie a praxe v ČR. Vyd. 1. Praha: Wolters Kluwer Česká republika, 2011, 642 s. ISBN 9788073576981. info
• HAMERNÍKOVÁ, Bojka and Alena MAAYTOVÁ. Veřejné finance. 2., aktualiz. vyd. Praha: Wolters Kluwer Česká republika, 2010, 340 s. ISBN 9788073574970. info
• HYMAN, David N. Public finance : a contemporary application of theory to policy. 9th ed. Mason: Thomson South-Western, 2008, xix, 748. ISBN 9780324537192. info

recommended literature
• DVOŘÁK, Pavel. Veřejné finance, fiskální nerovnováha a finanční krize. Vyd. 1. Praha: C.H. Beck, 2008, xx, 343. ISBN 9788074000751. info
• MEDVEĎ, Jozef. Verejné financie. Bratislava: Sprint, vfra, 2005, 464 s. ISBN 8089085326. info
• KÖNIG, Petr. Rozpočet a politiky Evropské unie : příležitost pro změnu. 2. aktualiz. vyd. Praha: C.H. Beck, 2009, xxxiv, 630. ISBN 9788074000119. info
• PROVAZNÍKOVÁ, Romana. Financování měst, obcí a regionů : teorie a praxe. 2. aktualiz. a rozš. vyd. Praha: Grada, 2009, 304 s. ISBN 9788024727899. URL info
• Strategic public finance. Edited by S. J. Bailey. New York: Palgrave Macmillan, 2004, xiv, 288 p. ISBN 0333922212. info
• PEKOVÁ, Jitka. Finance územní samosprávy : teorie a praxe v ČR. Praha: Wolters Kluwer Česká republika, 2011, 587 s. ISBN 9788073576141. info
• ŠELEŠOVSKÝ, Jan. Hospodaření krajské samosprávy (Economic Management of the Region). První. Brno: Masarykova univerzita, 2010, 204 pp. ISBN 978-80-210-5423-3. info
• PEKOVÁ, Jitka and Jaroslav PILNÝ. Veřejná správa a finance veřejného sektoru. Edited by Marek Jetmar. 3., aktualiz. a rozš. vyd. Praha: ASPI, 2008, 712 s. ISBN 9788073573515. info

Teaching methods

The course takes the form of both lectures and seminars. There are explained main thesis of the topics within lectures, which are further discussed during seminars. Students show their comprehension of the topic by interpretation and comparison of main relation within. Presentation of students' homework is a part of each seminar. Students focus on the particular problem from the given topic, which they analyze and demonstrate possible solutions with usage of a practical example.

Assessment methods

The course is concluded with an oral exam. Students are eligible to take the oral exam provided that they gain at least 36 points during semester in the following activities:

1. seminar paper on a given topic (presentation - maximum 10 points, written paper - maximum 10 points);

2. written test in the last week of the semester (maximum 40 points);

3. points for being active during seminars (not limited).

Important information! If students commit a prohibited act, such as using various forbidden tools, cribbing, taking out any part of the exam or any other cheating, the teacher is allowed to interrupt an exam and to grade a student with F, FF or FFF according to the seriousness of the offence. The mentioned procedure relates to all the activities that are included in the final evaluation of the course (seminar work, essays, tests etc.).

Language of instruction

Czech

Further comments (probably available only in Czech)

The course is taught annually.
General note: Nezapisují si studenti, kteří absolvovali předmět PVVFII.

Information about innovation of course.

This course has been innovated under the project "Inovace studia ekonomických disciplín v souladu s požadavky znalostní ekonomiky (CZ.1.07/2.2.00/28.0227)" which is cofinanced by the European Social Fond and the national budget of the Czech Republic.

MPV_VEF2 Public Finance 2

Extent and Intensity

2/1/0. 6 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. PhDr. Jan Šelešovský, CSc. (lecturer)
Mgr. Ing. Lenka Matějová, Ph.D. (assistant)
doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Ing. Eduard Bakoš, Ph.D. (lecturer)
Mgr. Ing. Petra Dvořáková, Ph.D. (assistant)

Guaranteed by

doc. PhDr. Jan Šelešovský, CSc.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Mgr. Kateřina Kociánová
Supplier department: Department of Public Economics – Faculty of Economics and Administration

Timetable

Mon 11:05–12:45 P312

• Timetable of Seminar Groups:

MPV_VEF2/01: each odd Monday 12:50–14:30 P312, R. Jahoda, L. Matějová, J. Šebo, J. Šelešovský
MPV_VEF2/02: each even Monday 12:50–14:30 P312, R. Jahoda, L. Matějová, J. Šebo, J. Šelešovský

Prerequisites

! PVVFII Public Finance II
The course is a follow-up to the Public Finance I course. Only students who did not attend course PVVFII can enrol in 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

• Public Economics and Administration (programme ESF, M-HPS)
• Public Economics and Administration (programme ESF, N-HPS)
• Public Economics (programme ESF, N-HPS)

Course objectives

At the end of this course, students should be able to:

- identify contemporary issues of public finance

- understand both the theory and practice of the budget policy

- clarify various methods of public expenditure management

- explain the importance of public budget reforms in the Czech Republic and in general

- comprehend the importance of the state treasury and its activities

- compare different models of pension systems

- understand financial flows in health-care

- analyze public debt management

- evaulate fiscal sustainability of public finance

Syllabus

• The course covers the following topics that are scheduled for certain weeks of the semester:
  1st – 3rd week: Reforms of Public Budgets
  4th – 5th week: Public Expenditure Management
  6th – 7th week: State Treasury
  8th – 9th week: Public Debt Management
  10th – 11th week: European Public Finance – selected issues
  12th – 13th week: Contemporary Issues of Regional and Municipal Budgets

Literature

required literature
• Řízení veřených výdajů :odborná příručka pro tranzitivní země. Edited by Richard Allen - Daniel Tommasi. České vyd. Praha: Ministerstvo financí ČR, 2002, 496 s. ISBN 80-85045-12-5. info
• PEKOVÁ, Jitka. Veřejné finance : úvod do problematiky. 4., aktualiz. a rozš. vyd. Praha: ASPI, 2008, 579 s. ISBN 9788073573584. info
• HAMERNÍKOVÁ, Bojka and Alena MAAYTOVÁ. Veřejné finance. 2., aktualiz. vyd. Praha: Wolters Kluwer Česká republika, 2010, 340 s. ISBN 9788073574970. info

recommended literature
• DVOŘÁK, Pavel. Veřejné finance, fiskální nerovnováha a finanční krize. Vyd. 1. Praha: C.H. Beck, 2008, xx, 343. ISBN 9788074000751. info
• MEDVEĎ, Jozef. Verejné financie. Bratislava: Sprint, vfra, 2005, 464 s. ISBN 8089085326. info
• KÖNIG, Petr. Rozpočet a politiky Evropské unie : příležitost pro změnu. 2. aktualiz. vyd. Praha: C.H. Beck, 2009, xxxiv, 630. ISBN 9788074000119. info
• PROVAZNÍKOVÁ, Romana. Financování měst, obcí a regionů : teorie a praxe. 2. aktualiz. a rozš. vyd. Praha: Grada, 2009, 304 s. ISBN 9788024727899. URL info

Teaching methods

The course takes the form of both lectures and seminars. There are explained main thesis of the topics within lectures, which are further discussed during seminars. Students show their comprehension of the topic by interpretation and comparison of main relation within. Presentation of students' homework is a part of each seminar. Students focus on the particular problem from the given topic, which they analyze and demonstrate possible solutions with usage of a practical example.

Assessment methods

The course is concluded with an oral exam. Students are eligible to take the oral exam provided that they gain at least 36 points during semester in the following activities:

1. seminar paper on a given topic (presentation - maximum 10 points, written paper - maximum 10 points);

2. written test in the last week of the semester (maximum 40 points);

3. points for being active during seminars (not limited).

Important information! If students commit a prohibited act, such as using various forbidden tools, cribbing, taking out any part of the exam or any other cheating, the teacher is allowed to interrupt an exam and to grade a student with F, FF or FFF according to the seriousness of the offence. The mentioned procedure relates to all the activities that are included in the final evaluation of the course (seminar work, essays, tests etc.).

Language of instruction

Czech

Further comments (probably available only in Czech)

The course is taught annually.
General note: Nezapisují si studenti, kteří absolvovali předmět PVVFII.

MPV_VEF2 Public Finance 2

Extent and Intensity

2/1/0. 6 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. PhDr. Jan Šelešovský, CSc. (lecturer)
Mgr. Ing. Lenka Matějová, Ph.D. (assistant)
doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Ing. Tereza Šrámková (assistant)
Ing. Michaela Horňáková (lecturer)
Mgr. Ing. Petra Dvořáková, Ph.D. (assistant)
Ing. Eduard Bakoš, Ph.D. (lecturer)

Guaranteed by

doc. PhDr. Jan Šelešovský, CSc.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Mgr. Kateřina Kociánová

Timetable

Mon 10:15–11:50 P312

• Timetable of Seminar Groups:

MPV_VEF2/01: each odd Monday 12:00–13:35 P312, M. Horňáková, R. Jahoda, L. Matějová, J. Šelešovský, T. Šrámková
MPV_VEF2/02: each even Monday 12:00–13:35 P312, M. Horňáková, R. Jahoda, L. Matějová, J. Šelešovský, T. Šrámková

Prerequisites

! PVVFII Public Finance II
The course is a follow-up to the Public Finance I course. Only students who did not attend course PVVFII can enrol in 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

• Public Economics and Administration (programme ESF, M-HPS)
• Public Economics (programme ESF, N-HPS)

Course objectives

At the end of this course, students should be able to:
- identify contemporary issues of public finance
- understand both the theory and practice of the budget policy
- clarify various methods of public expenditure management
- explain the importance of public budget reforms in the Czech Republic and in general
- comprehend the importance of the state treasury and its activities
- compare different models of pension systems
- understand financial flows in health-care
- analyze public debt management
- evaulate fiscal sustainability of public finance

Syllabus

• The course covers the following topics that are scheduled for certain weeks of the semester:
• 1st – 3rd week: Reforms of Public Budgets
• 4th – 5th week: Public Expenditure Management
• 6th – 7th week: State Treasury
• 8th – 9th week: Public Debt Management
• 10th – 11th week: Contemporary Issues of Regional and Municipal Budgets
• 12th – 13th week: European Public Finance – selected issues

Literature

required literature
• Řízení veřených výdajů :odborná příručka pro tranzitivní země. Edited by Richard Allen - Daniel Tommasi. České vyd. Praha: Ministerstvo financí ČR, 2002, 496 s. ISBN 80-85045-12-5. info
• PEKOVÁ, Jitka. Veřejné finance : úvod do problematiky. 4., aktualiz. a rozš. vyd. Praha: ASPI, 2008, 579 s. ISBN 9788073573584. info
• HAMERNÍKOVÁ, Bojka and Alena MAAYTOVÁ. Veřejné finance. 2., aktualiz. vyd. Praha: Wolters Kluwer Česká republika, 2010, 340 s. ISBN 9788073574970. info

recommended literature
• DVOŘÁK, Pavel. Veřejné finance, fiskální nerovnováha a finanční krize. Vyd. 1. Praha: C.H. Beck, 2008, xx, 343. ISBN 9788074000751. info
• MEDVEĎ, Jozef. Verejné financie. Bratislava: Sprint, vfra, 2005, 464 s. ISBN 8089085326. info
• KÖNIG, Petr. Rozpočet a politiky Evropské unie : příležitost pro změnu. 2. aktualiz. vyd. Praha: C.H. Beck, 2009, xxxiv, 630. ISBN 9788074000119. info
• PROVAZNÍKOVÁ, Romana. Financování měst, obcí a regionů : teorie a praxe. 2. aktualiz. a rozš. vyd. Praha: Grada, 2009, 304 s. ISBN 9788024727899. URL info

Teaching methods

The course takes the form of both lectures and seminars. There are explained main thesis of the topics within lectures, which are further discussed during seminars. Students show their comprehension of the topic by interpretation and comparison of main relation within. Presentation of students' homework is a part of each seminar. Students focus on the particular problem from the given topic, which they analyze and demonstrate possible solutions with usage of a practical example.

Assessment methods

The course is concluded with an oral exam. Students are eligible to take the oral exam provided that they gain at least 36 points during semester in the following activities:
1. seminar paper on a given topic (presentation - maximum 10 points, written paper - maximum 10 points)

2. written test in the last week of the semester (maximum 40 points);
3. points for being active during seminars (not limited).
Important information! If students commit a prohibited act, such as using various forbidden tools, cribbing, taking out any part of the exam or any other cheating, the teacher is allowed to interrupt an exam and to grade a student with F, FF or FFF according to the seriousness of the offence. The mentioned procedure relates to all the activities that are included in the final evaluation of the course (seminar work, essays, tests etc.).

Language of instruction

Czech

Further comments (probably available only in Czech)

The course is taught annually.
General note: Nezapisují si studenti, kteří absolvovali předmět PVVFII.

MPV_VEF2 Public Finance 2

Extent and Intensity

2/1/0. 6 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. PhDr. Jan Šelešovský, CSc. (lecturer)
Mgr. Ing. Petra Dvořáková, Ph.D. (seminar tutor)
doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Mgr. Ing. Petra Dvořáková, Ph.D. (lecturer)
Ing. Jarmila Beránková, Ph.D. (lecturer)
Ing. Michaela Horňáková (lecturer)

Guaranteed by

doc. PhDr. Jan Šelešovský, CSc.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Mgr. Kateřina Kociánová

Timetable

Mon 10:15–11:50 P312

• Timetable of Seminar Groups:

MPV_VEF2/01: each odd Monday 12:00–13:35 P312, P. Dvořáková
MPV_VEF2/02: each even Monday 12:00–13:35 P312, P. Dvořáková

Prerequisites

! PVVFII Public Finance II
The course is a follow-up to the Public Finance I course. Only students who did not attend course PVVFII can enrol in 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

• Public Economics (programme ESF, M-HPS)
• Public Economics (programme ESF, N-HPS)

Course objectives

At the end of this course, students should be able to:
- identify contemporary issues of public finance
- understand both the theory and practice of the budget policy
- clarify various methods of public expenditure management
- explain the importance of public budget reforms in the Czech Republic and in general
- comprehend the importance of the state treasury and its activities
- compare different models of pension systems
- understand financial flows in health-care
- analyze public debt management
- evaulate fiscal sustainability of public finance

Syllabus

• The course covers the following topics that are scheduled for certain weeks of the semester:
• 1st – 3rd week: Reforms of Public Budgets
• 4th – 5th week: Public Expenditure Management
• 6th – 7th week: State Treasury
• 8th – 9th week: Public Debt Management
• 10th – 11th week: Contemporary Issues of Regional and Municipal Budgets
• 12th – 13th week: European Public Finance – selected issues

Literature

required literature
• Řízení veřených výdajů :odborná příručka pro tranzitivní země. Edited by Richard Allen - Daniel Tommasi. České vyd. Praha: Ministerstvo financí ČR, 2002, 496 s. ISBN 80-85045-12-5. info
• PEKOVÁ, Jitka. Veřejné finance : úvod do problematiky. 4., aktualiz. a rozš. vyd. Praha: ASPI, 2008, 579 s. ISBN 9788073573584. info
• HAMERNÍKOVÁ, Bojka and Alena MAAYTOVÁ. Veřejné finance. 2., aktualiz. vyd. Praha: Wolters Kluwer Česká republika, 2010, 340 s. ISBN 9788073574970. info

recommended literature
• DVOŘÁK, Pavel. Veřejné finance, fiskální nerovnováha a finanční krize. Vyd. 1. Praha: C.H. Beck, 2008, xx, 343. ISBN 9788074000751. info
• MEDVEĎ, Jozef. Verejné financie. Bratislava: Sprint, vfra, 2005, 464 s. ISBN 8089085326. info
• KÖNIG, Petr. Rozpočet a politiky Evropské unie : příležitost pro změnu. 2. aktualiz. vyd. Praha: C.H. Beck, 2009, xxxiv, 630. ISBN 9788074000119. info

Teaching methods

The course takes the form of both lectures and seminars. There are explained main thesis of the topics within lectures, which are further discussed during seminars. Students show their comprehension of the topic by interpretation and comparison of main relation within. Presentation of students' homework is a part of each seminar. Students focus on the particular problem from the given topic, which they analyze and demonstrate possible solutions with usage of a practical example.

Assessment methods

The course is concluded with an oral exam. Students are eligible to take the oral exam provided that they gain at least 36 points during semester in the following activities:
1. seminar paper on a given topic (presentation - maximum 10 points, written paper - maximum 10 points)

2. written test in the last week of the semester (maximum 40 points);
3. points for being active during seminars (not limited).
Important information! If students commit a prohibited act, such as using various forbidden tools, cribbing, taking out any part of the exam or any other cheating, the teacher is allowed to interrupt an exam and to grade a student with F, FF or FFF according to the seriousness of the offence. The mentioned procedure relates to all the activities that are included in the final evaluation of the course (seminar work, essays, tests etc.).

Language of instruction

Czech

Further comments (probably available only in Czech)

The course is taught annually.
General note: Nezapisují si studenti, kteří absolvovali předmět PVVFII.

MPV_VEF2 Public Finance 2

Extent and Intensity

2/1/0. 6 credit(s). Type of Completion: zk (examination).

Teacher(s)

doc. PhDr. Jan Šelešovský, CSc. (lecturer)
Mgr. Ing. Petra Dvořáková, Ph.D. (seminar tutor)
doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Mgr. Ing. Petra Dvořáková, Ph.D. (lecturer)
Ing. Jarmila Beránková, Ph.D. (lecturer)
Ing. Michaela Horňáková (lecturer)

Guaranteed by

doc. PhDr. Jan Šelešovský, CSc.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Mgr. Kateřina Kociánová

Timetable

Mon 10:15–11:50 P312

• Timetable of Seminar Groups:

MPV_VEF2/1: each odd Monday 12:00–13:35 P312, P. Dvořáková
MPV_VEF2/2: each even Monday 12:00–13:35 P312, P. Dvořáková

Prerequisites

The course is a follow-up to the Public Finance I course. Only students who did not attend course PVVFII can enrol in 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

• Public Economics (programme ESF, M-HPS)
• Public Economics (programme ESF, N-HPS)

Course objectives

At the end of this course, students should be able to:
- identify contemporary issues of public finance
- understand both the theory and practice of the budget policy
- clarify various methods of public expenditure management
- explain the importance of public budget reforms in the Czech Republic and in general
- comprehend the importance of the state treasury and its activities
- compare different models of pension systems
- understand financial flows in health-care
- analyze public debt management
- evaulate fiscal sustainability of public finance

Syllabus

• The course covers the following topics that are scheduled for certain weeks of the semester:
• 1st – 3rd week: Reforms of Public Budgets
• 4th – 5th week: Public Expenditure Management
• 6th – 7th week: State Treasury
• 8th – 9th week: Public Debt Management
• 10th – 11th week: Contemporary Issues of Regional and Municipal Budgets
• 12th – 13th week: European Public Finance – selected issues

Literature

• Řízení veřených výdajů :odborná příručka pro tranzitivní země. Edited by Richard Allen - Daniel Tommasi. České vyd. Praha: Ministerstvo financí ČR, 2002, 496 s. ISBN 80-85045-12-5. info
• PEKOVÁ, Jitka. Veřejné finance : úvod do problematiky. 4., aktualiz. a rozš. vyd. Praha: ASPI, 2008, 579 s. ISBN 9788073573584. info
• HAMERNÍKOVÁ, Bojka and Alena MAAYTOVÁ. Veřejné finance. Praha: ASPI, 2007, 364 s. ISBN 9788073573010. info
• DVOŘÁK, Pavel. Veřejné finance, fiskální nerovnováha a finanční krize. Vyd. 1. Praha: C.H. Beck, 2008, xx, 343. ISBN 9788074000751. info
• MEDVEĎ, Jozef. Verejné financie. Bratislava: Sprint, vfra, 2005, 464 s. ISBN 8089085326. info
• KÖNIG, Petr and Lubor LACINA. Rozpočet a politiky Evropské unie. Vyd. 1. Praha: C.H. Beck, 2004, xxiv, 374. ISBN 8071798460. info

Teaching methods

The course takes the form of both lectures and seminars. There are explained main thesis of the topics within lectures, which are further discussed during seminars. Students show their comprehension of the topic by interpretation and comparison of main relation within. Presentation of students' homework is a part of each seminar. Students focus on the particular problem from the given topic, which they analyze and demonstrate possible solutions with usage of a practical example.

Assessment methods

The course is concluded with an oral exam. Students are eligible to take the oral exam provided that they fulfill given conditions:
1. to elaborate and to present a seminar paper on a given topic,
2. to pass a written test at the end of the semester (a test is regarded as successful if at least 70 % of answers are correct);
Important information! If students commit a prohibited act, such as using various forbidden tools, cribbing, taking out any part of the exam or any other cheating, the teacher is allowed to interrupt an exam and to grade a student with F, FF or FFF according to the seriousness of the offence. The mentioned procedure relates to all the activities that are included in the final evaluation of the course (seminar work, essays, tests etc.).

Language of instruction

Czech

Further comments (probably available only in Czech)

The course is taught annually.
General note: Nezapisují si studenti, kteří absolvovali předmět PVVEFII.

• Enrolment Statistics (recent)