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Terminated in academic year 2008/2009

Financial Systems

Type of study Master
Language of instruction Czech
Code 545-0279/02
Abbreviation FS
Course title Financial Systems
Credits 4
Coordinating department Department of Economics and Control Systems
Course coordinator Ing. Jana Magnusková, Ph.D.

Subject syllabus

1. Basic concepts - market and government failures, public goods, public sector,
Government
2. The importance and function of public finance, public budgets.
3. Fiscal federalism - a centralized, decentralized, and a combined model.
4. Budgetary system in the Czech Republic. Budget of the European Union.
5. State budget - meaning and functions, budget process, revenues and expenditures
of the state budget.
6. Financial deficit, its causes and consequences, the emergence of public debt.
Options funding deficit.
7. Local (territorial) budgets - budgets, budgets of municipalities and counties.
8. The social security - social insurance, state social support, social
care and social services.
9. System of health insurance.
10.Tax policy of the country - basic concepts, principles of taxation, types of taxes.
11.Value Added Tax.
12.Excise Taxes.
13.Environmental taxes.
14.Income tax of natural persons and legal persons.
15.Road tax.
16.Inheritance, gift and transfer of property.
17.Property tax.

Literature

PEKOVÁ, Jitka; PILNÝ, Jaroslav; JETMAR, Marek. Veřejná správa a finance veřejného sektoru. Praha : ASPI, 2008. 3. vyd. 712 s. ISBN 978-807357-351-5.
LAJTKEPOVÁ, Eva. Veřejné finance. Brno : CERM, 2007. 151 s. ISBN 80-7204-495-8 .
Daňové zákony

Advised literature

No advised literature has been specified for this subject.