Course syllabus EKVS - Public Sector Economy (FRDIS - WS 2019/2020)


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Course code: EKVS
Course title in Czech:
Public Sector Economy
Course title in English:
Public Sector Economy
Semester:
WS 2019/2020
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:
required
Type of delivery:
usual, consulting
Mode of delivery for our mobility students abroad: -- item not defined --
Language of instruction:
Czech
Course supervisor:
Course supervising department: Department of Regional Development (FRDIS)
Faculty:
Teachers:
Ing. Milan Damborský, Ph.D. (examiner, instructor, lecturer, supervisor, tutor)
Ing. Michal Ševčík (examiner, instructor, lecturer, tutor)
Prerequisites:
not Public Sector Economy in English and (Microeconomics or State Bachelor Exam or Microeconomics in English)
 
Timetable in this semester:
Day
From-till
Room
Teacher
Entry
Frequency
Capacity
Thursday
11.00-11.50
Z3 (ČP II.)Seminar
Every week
30
Thursday
15.00-17.50
Aula (ČP II.)
M. Damborský, M. Ševčík
Lecture
Every week
190
Thursday
18.00-18.50
Z3 (ČP II.)
Seminar
Every week
30
 
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)
 
a.
Private and public sector -- determination
b.Public interest, public choice, public finance

2.
Market failures and state interventions (allowance 10/6)
 
a.Externalities, public goods, asymmetric information
b.State interventions -- searching for optimal public-private mix
c.Internalization, regulation, privatization and competition

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

4.
Public expenditures (allowance 8/6)
 
a.Inequality in incomes and their measurement
b.Impacts and tools of mitigation of income disparity -- social security, financing of health and education sector
c.Optimalization and improvement of efficiency of public expenditures -- analysis of costs and utility

5.
Public incomes (allowance 4/6)
 
a.
Introduction to the tax theory and policy
b.
Tax effects -- impact of taxes
c.Tax systems, economic and legislative views of their building

Learning activities and teaching methods:
Type of teaching method
Daily attendance
Combined form
lecture26 h
18 h
practice26 h0 h
consultation6 h0 h
public presentation (oral)
2 h
0 h
preparation for exam
80 h
90 h
preparation of presentation
0 h
16 h
elaboration and execution of projects
24 h
40 h
Total
164 h164 h
 
Assessment methods:
Credit (yes/no): min. 8 tests over 60%.

Final evaluation (max. 100 points):
30 points tests - 6 best tests (0 to 5 points per test).
70 points oral exam - students draw two questions from pre-prepared questions.

Then the student answers the questions independently. Examiners ask supplementary questions.

Minimum for passing is 60 points.
 
Assessment criteria ratio:
Requirement type
Daily attendance
Combined form
Total
0 %
0 %
 
Recomended reading and other learning resources:
Basic:
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:
Programme C-RED Regional Development, full-time form, initial period SS 2018/2019
Field of study C-RD-SEDR Socioeconomic and environmental development of regions, full-time form, initial period SS 2018/2019
Programme C-RED Regional Development, full-time form, initial period WS 2019/2020
Field of study C-RD-SEDR Socioeconomic and environmental development of regions, full-time form, initial period WS 2019/2020
 
Course listed in previous semesters:
Teaching place:
-- item not defined --


Last modification made by Bc. Vít Karber on 10/07/2019.

Type of output: