Public finance
| Type of study | Follow-up Master |
|---|---|
| Language of instruction | Czech |
| Code | 115-0024/01 |
| Abbreviation | VF |
| Course title | Public finance |
| Credits | 4 |
| Coordinating department | Department of Management |
| Course coordinator | doc. Ing. Iveta Vrabková, Ph.D. |
Subject syllabus
Course syllabus of the course (main topics for individual week):
1. Public finances - the structure of public finances in the Czech Republic, the function of public finances, the flows in the economy between sectors.
2. Public revenues - types of public budget resources, taxes and fees, taxes and its structure, tax justice.
3. Methods of tax construction - pension taxes, consumption taxes, property taxes, aspects of taxation in relation to the public budgets.
4. Fiscal federalism - principles of fiscal federalism, models of fiscal federalism, fiscal federalism in the Czech Republic.
5. Structure of financial operations into public budgets - application from different points of view (e.g. sectoral or consolidation).
6. State budget - state budget revenues, state budget expenditures, budget process, function and focus of selected budget chapters.
7. State budget rules - state budget balance, budget provision, liquidity, pension account.
8. Public funds - functioning of six state funds, funds of government agencies type, management of health insurance companies - resources and expenditures of funds.
9. Management of municipalities - types of municipalities, incomes (tax, non-tax, capital, transfers), expenditures, basic rules of municipal management.
10. Management of regions - voluntary associations of municipalities and regional councils of cohesion regions, economic resources and budgetary rules.
11. Organizations providing public sector services - establishment of organizations by the state and territorial self-governing units, organizational units and contributory organizations.
12. Aspects of the assessment of public budgets in the Czech Republic.
13. Budget of the European Union - budgetary principles, rules of management, budget process, budget structure, budget resources.
14. Actual issues of public budgets - current legislative changes, current developments in public budgets.
1. Public finances - the structure of public finances in the Czech Republic, the function of public finances, the flows in the economy between sectors.
2. Public revenues - types of public budget resources, taxes and fees, taxes and its structure, tax justice.
3. Methods of tax construction - pension taxes, consumption taxes, property taxes, aspects of taxation in relation to the public budgets.
4. Fiscal federalism - principles of fiscal federalism, models of fiscal federalism, fiscal federalism in the Czech Republic.
5. Structure of financial operations into public budgets - application from different points of view (e.g. sectoral or consolidation).
6. State budget - state budget revenues, state budget expenditures, budget process, function and focus of selected budget chapters.
7. State budget rules - state budget balance, budget provision, liquidity, pension account.
8. Public funds - functioning of six state funds, funds of government agencies type, management of health insurance companies - resources and expenditures of funds.
9. Management of municipalities - types of municipalities, incomes (tax, non-tax, capital, transfers), expenditures, basic rules of municipal management.
10. Management of regions - voluntary associations of municipalities and regional councils of cohesion regions, economic resources and budgetary rules.
11. Organizations providing public sector services - establishment of organizations by the state and territorial self-governing units, organizational units and contributory organizations.
12. Aspects of the assessment of public budgets in the Czech Republic.
13. Budget of the European Union - budgetary principles, rules of management, budget process, budget structure, budget resources.
14. Actual issues of public budgets - current legislative changes, current developments in public budgets.
E-learning
Materials for self-study (lectures, script: Public finance, legislation) are published in LMS: https: //lms.vsb.cz/local/semester_overview/index.php
Literature
FORMANOVÁ, Lucie a SOLILOVÁ, Veronika. Accounting & taxation terminology in practice: Odborná účetní a daňová terminologie nejen pro studenty. Praha: Wolters Kluwer, 2024. ISBN 978-80-7676-863-5.
GARG, Bharati. Public finance and financial administration: a global perspective. 1. vyd. London : Routledge, 2025. 426 s. ISBN 978-1032501543 .
MANKIW, N. Gregory. Macroeconomics. Twelfth edition. New York: Worth Publishers, Macmillan Learning, [2025]. ISBN 978-1-319-47347-1.
GARG, Bharati. Public finance and financial administration: a global perspective. 1. vyd. London : Routledge, 2025. 426 s. ISBN 978-1032501543 .
MANKIW, N. Gregory. Macroeconomics. Twelfth edition. New York: Worth Publishers, Macmillan Learning, [2025]. ISBN 978-1-319-47347-1.
Advised literature
BARTLETT, William; KMEZIĆ, Sanja a ĐULIĆ, Katarina (ed.). Fiscal decentralisation, local government and policy reversals in Southeastern Europe. Cham, Switzerland: Palgrave Macmillan, [2018]. ISBN 978-3-030-07142-4.
KELTON, Stephanie. The deficit myth: How to build a better economy. London: John Murray, 2021. 352 s. ISBN 978-1529352566 .
MACHÁČEK, Martin; HLAVÁČEK, Karel; MELECKÝ, Aleš; ŠULGANOVÁ, Monika a WROBLOWSKÝ, Tomáš. Intermediate macroeconomics workbook. Series of textbooks, Faculty of Economics, VŠB-TU Ostrava, 2019, vol. 34. Ostrava: VŠB-TU Ostrava, 2019. ISBN 978-80-248-4366-7.
KELTON, Stephanie. The deficit myth: How to build a better economy. London: John Murray, 2021. 352 s. ISBN 978-1529352566 .
MACHÁČEK, Martin; HLAVÁČEK, Karel; MELECKÝ, Aleš; ŠULGANOVÁ, Monika a WROBLOWSKÝ, Tomáš. Intermediate macroeconomics workbook. Series of textbooks, Faculty of Economics, VŠB-TU Ostrava, 2019, vol. 34. Ostrava: VŠB-TU Ostrava, 2019. ISBN 978-80-248-4366-7.