Course syllabus EKVS - Public Sector Economy (FRDIS - SS 2017/2018)

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Course code:
Course title in Czech: Public Sector Economy
Course title in English:
Public Sector Economy
Semester: SS 2017/2018
Mode of completion and number of credits: Exam (6 credits)
Mode of delivery and timetabled classes:
full-time, 3/1 (hours of lectures per week / hours of seminars per week)
part-time, 20/0 (lectures per period / seminars per period)
Level of course:
bachelor; master
Course type:
Type of delivery:
Mode of delivery for our mobility students abroad:
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Language of instruction:
Course supervisor: Ing. Michelle Dorée, Ph.D.
Course supervising department: Department of Regional Development (FRDIS)
Ing. Michelle Dorée, Ph.D. (examiner, instructor, lecturer, supervisor)
Timetable in this semester:
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Aim of the course and learning outcomes:
The course is focused on basic questions and problems connected with existence, working and financing of the public sector in conditions of mixed economics. Strong impact is put on understanding of reasons for the state interventions and the ability to analyze their impacts, no matter if they are in form of regulation or planning. Significant part of the course content is formed by problem of public choice and public sector financing.
Course content:
1.Introduction to economy of public sector (allowance 2/0)
Private and public sector -- determination
b.Public interest, public choice, public finance

Market failures and state interventions (allowance 10/6)
Externalities, public goods, asymmetric information
b.State interventions -- searching for optimal public-private mix
Internalization, regulation, privatization and competition

Public choice (allowance 4/6)
Democracy and efficient allocation of resources
Relationship of justice and efficiency

Public expenditures (allowance 8/6)
Inequality in incomes and their measurement
Impacts and tools of mitigation of income disparity -- social security, financing of health and education sector
Optimalization and improvement of efficiency of public expenditures -- analysis of costs and utility

Public incomes (allowance 4/6)
Introduction to the tax theory and policy
b.Tax effects -- impact of taxes
Tax systems, economic and legislative views of their building

Learning activities and teaching methods:
Type of teaching methodDaily attendanceCombined form
28 h20 h
consultation6 h
0 h
project work
28 h
0 h
public presentation (oral)
2 h
0 h
preparation for exam
80 h
90 h
preparation of presentation
0 h
18 h
elaboration and execution of projects24 h
40 h
168 h168 h
Assessment methods:
The course is finished by written exam, where the student proves systematic knowledge from public sector theory in the scope of this course. The written exam consists of two parts. First part of the exam covers cross-sectionally content of the whole course. This part is in form of test and its result has 20% weight in the final evaluation of the student. In the frame of the second part of the written exam, the student will elaborate answer to two given topics from predefined exam fields. This second part has the weight of 60 % in the final score of the student. The remaining 20 % of the student's evaluation is formed by the semester project, which will be completed by the student within the seminars. Handing over and the defence of the seminar project sets the condition for granting the credit.
Assessment criteria ratio:
Requirement type
Daily attendance
Combined form
0 %
0 %
Recomended reading and other learning resources:
STIGLITZ, J E. Ekonomie veřejného sektoru. 1st ed. Praha: Grada Publishing, 1997. 661 p. ISBN 80-7169-454-1.
JACKSON, P M. -- BROWN, C V. Ekonomie veřejného sektoru. 1st ed. Praha: Eurolex Bohemia, 2003. 733 p. Ekonomie. ISBN 80-86432-09-2.
A course in public economics. Cambridge, UK: Cambridge University Press, 2004. 413 p. ISBN 0-521-82877-5.
MUSGRAVE, R A. -- MUSGRAVE, P B. et al. Veřejné finance v teorii a praxi. 1st ed. Praha: Management Press, 1994. 581 p. ISBN 80-85603-76-4.

Course listed in study plans for this semester:
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Course listed in previous semesters: WS 2020/2021, WS 2019/2020, WS 2018/2019, WS 2017/2018, SS 2016/2017, WS 2016/2017 (and older)
Teaching place:
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Last modification made by Bc. Vít Karber on 02/14/2018.

Type of output: