OPF:EVSNAVEB Public Economics - Course Information

EVSNAVEB Public Economics

Extent and Intensity

2/1/0. 5 credit(s). Type of Completion: zk (examination).

Guaranteed by

prof. Mgr. Ing. Michal Tvrdoň, Ph.D.
Departament of Economics and Public Administration – School of Business Administration in Karvina
Contact Person: Dr. Ing. Ingrid Majerová

Prerequisites

The completion of the course does not require any conditions and subject can be registered independently of other subjects.

Course Enrolment Limitations

The course is also offered to the students of the fields other than those the course is directly associated with.

fields of study / plans the course is directly associated with

• Banking (programme OPF, N_HOSPOL)

Course objectives

The objective of the course is to deepen students' knowledge of economics, to explain the theoretic background of the public sector and its role in a mixed economy. Through the economic analysis, the students will be acquainted with the meaning and status of public goods and externalities in the economy, with the theory of public choice and its application in a social practice with the basic tools used in the application of public economy in practice and its functioning in the Czech Republic.

Syllabus

• 1. Introduction to the economics of the public sector
  2. Causes of the existence of public sector, the mixed economy
  3. Government failure
  4. Economic analysis of public goods
  5. Examining the economic externalities
  6. Public choice theory and its application
  7. Collective choice
  8. Social decision making in direct and indirect democracy
  9. Public finance
  10. Public investment and public support
  11. Public procurement and concession contracts
  12. Public control
  13. Public Informatics

Literature

required literature
• STIGLITZ, Joseph E. Economics of the Public Sector. 3rd ed. New York: W. W. Norton & Company, 2000. ISBN 978-0-393-96651-0. info

recommended literature
• GRUBER, J. Public Finance and Public Policy. New York: Worth Publishers, 2011. ISBN 978-1-4292-1949-5. info
• FORTE, F. Principles of Public Economics: A Public Choice Approach. Cheltenham: Edward Elgar Publishing, 2010. ISBN 978-1858986739. info
• MYLES, G. D. Public Economics. Cambridge: University Press, 2002. ISBN 0-521-49721-3. info

Teaching methods

Skills demonstration
Seminar classes

Assessment methods

Grade

Language of instruction

English

Further comments (probably available only in Czech)

The course can also be completed outside the examination period.

Teacher's information

Attendance in seminars 60%, successful completion of on-going test during the semester. The final grade will be made as the summary of the assessment of on-going test and final written exam.
Additional tasks: research and study of the literature related to the given issue.

Activity	Difficulty [h]
Ostatní studijní zátěž	70
Přednáška	26
Seminář	13
Zkouška	40
Summary	149

• Enrolment Statistics (recent)
  
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