EVSNPFIP Fiscal Policy

School of Business Administration in Karvina
Winter 2018
Extent and Intensity
2/1/0. 4 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Eva Kotlánová, Ph.D. (lecturer)
Ing. Tomáš Verner (lecturer)
Ing. Tomáš Verner (seminar tutor)
Guaranteed by
Ing. Eva Kotlánová, 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 offered to students of any study field.
Course objectives
The aim of the course is to familiarize students with the fiscal policy, the mechanism of the anticipated effects on real variables and to stabilize the economy, macroeconomic and budgetary problems of fiscal policy. The course acquaints students with the typology of budget deficits, analyzes their impact on the economy and presents possibilities to cover them. It explains the issue of public debt, ways of its solution, area of fiscal rules and sustainability of public finances.
Syllabus
  • 1. Development of approaches to fiscal policy
    2. The concept of fiscal policy
    3. State budget as an instrument of fiscal policy
    4. Short-term fiscal imbalance
    5. The budgetary effects of fiscal policy
    6. Application typology of budget deficits
    7. Fiscal policy in the IS-LM model
    8. Fiscal policy in the AS-AD model
    9. Fiscal policy in the IS-LM-BP model
    10. Expectations and fiscal policy
    11. Long-term fiscal imbalance
    12. Fiscal rules and sustainability of public finances
    13. Selected issues of fiscal policy in the Czech Republic and the European Union
Literature
    required literature
  • IZÁK, V. Fiscal policy: Intermediate course. Praha: Vysoká škola ekonomická v Praze, 2011. ISBN 978-80-245-1786-5. info
  • IZÁK, V. Fiskální politika. Praha: VŠE, 2010. ISBN 978-80-245-1669-1. info
  • DVOŘÁK, P. Veřejné finance, fiskální nerovnováha a finanční krize. Praha: C. H. Beck, 2008. ISBN 978-80-7400-075-1. info
    recommended literature
  • HAMERNÍKOVÁ, B., MAAYTOVÁ, A. Veřejné finance. Praha: ASPI, 2010. ISBN 978-80-7357-497-0. info
  • KLIKOVÁ, CH., KOTLÁN, I. Hospodářská politika. Ostrava: Sokrates, 2006. ISBN 80-86572-37-4. info
  • BLANCHARD, O. Macroeconomics. Upper Saddle River, 2003. ISBN 0-13-067100-2. info
  • PAULÍK, T. Hospodářská politika. Karviná: SU OPF, 2002. ISBN 80-7248-148-7. info
Teaching methods
Skills demonstration
Seminar classes
Assessment methods
Grade
Language of instruction
Czech
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Teacher's information
Attendance in seminars 60 %, seminar paper, defence of seminar paper, combined exam
Other study load: the study of scientific literature search and study of the actual literature on the subject.

ActivityDifficulty [h]
Ostatní studijní zátěž40
Přednáška26
Seminář13
Zkouška40
Summary119
The course is also listed under the following terms Winter 2014, Winter 2015, Winter 2016, Winter 2017.
  • Enrolment Statistics (recent)
  • Permalink: https://is.slu.cz/course/opf/winter2018/EVSNPFIP