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Public budgets

* Exchange students do not have to consider this information when selecting suitable courses for an exchange stay.

Course Unit Code153-0375/02
Number of ECTS Credits Allocated4 ECTS credits
Type of Course Unit *Choice-compulsory type B
Level of Course Unit *First Cycle
Year of Study *Second Year
Semester when the Course Unit is deliveredSummer Semester
Mode of DeliveryFace-to-face
Language of InstructionCzech
Prerequisites and Co-Requisites Course succeeds to compulsory courses of previous semester
Name of Lecturer(s)Personal IDName
TOM54doc. Ing. Petr Tománek, CSc.
BEC05Ing. Bc. Jiří Bečica, Ph.D.
VAV0195PhDr. Roman Vavrek, PhD.
Summary
The course introduces the basics of public finances through existing types of public budgets. The various types of public budgets in the Czech Republic and the EU budget are discussed from several perspectives (rules of economy, budget process, income and expenditure). This topic is supplemented by the typology of public budget sources and the fundamentals of management of organizations operating in the public sector.
Learning Outcomes of the Course Unit
The aim of the course is to familiarize students with the structure of budgetary system in the Czech Republic. After completing the course students:
- will be able to characterize the main elements of the Czech budgetary system,
- will be able to define the basic financial operations of various types of public budgets and the relations between them,
- will gain basic knowledge about the functioning of the Czech and EU budget systems.
Course Contents
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.
Recommended or Required Reading
Required Reading:
ROSEN, Harvey S., Ted GAYER a Abdülkadir CIVAN. Public finance.10th ed., global ed. Maidenhead: McGraw-Hill Education, 2014. McGraw-Hill series in economics. 588 s. ISBN 978-0-07-715469-1.
GRUBER, Jonathan. Public finance and public policy. 5rd ed. New York : Worth Publishers, 2016. 810 s. ISBN 9781464143335.
PAROUBEK, Jiří. Rozpočtová skladba v roce 2021: výklad a koncepce rozpočtové skladby. 9. vydání. Olomouc: ANAG, 2021. ISBN 978-80-7554-314-1.
PEKOVÁ, Jitka, Marek JETMAR a Petr TOTH. Veřejný sektor, teorie a praxe v ČR. Praha: Wolters Kluwer, 2019. 783 s. ISBN 978-80-7598-209-4.

Recommended Reading:
NOLAN, Aoife, Rory O'CONNELL and Colin J. HARVEY (eds.). Human rights and public finance: budgets and the promotion of economic and social rights. Oxford: Hart Publishing, 2013. ISBN 978-1-84113-011-8.
CULLIS, John G. and Philip R. JONES. Public finance and public choice: analytical perspectives. 3rd ed. Oxford: Oxford University Press, 2009. ISBN 978-0-19-923478-3.
ULBRICH, Holley H. Public finance in theory and practice. 2nd ed. London: Routledge, 2011. ISBN 978-0-415-58597-2.
MUSGRAVE, Richard A. a Peggy B. MUSGRAVE. Veřejné finance v teorii a praxi. Přeložila KAMENÍČKOVÁ, Věra. Praha: Management Press, 1994. ISBN 80-85603-76-4.
TOMÁNEK, Petr. Veřejné rozpočty. Ostrava: VŠB – TUO, 2021 (studijní opora v elektronické podobě pro kombinované studium).
ŠIROKÝ, Jan, Regína STŘÍLKOVÁ a Michal KRAJŇÁK. Trend, development, role and importance of corporate taxes in the EU. Brno: CERM, 2016. ISBN 978-80-7204-940-0.
Planned learning activities and teaching methods
Lectures, Tutorials
Assesment methods and criteria
Task TitleTask TypeMaximum Number of Points
(Act. for Subtasks)
Minimum Number of Points for Task Passing
CreditCredit