MPV_APF2 Public Finance 2

Faculty of Economics and Administration
Autumn 2024
Extent and Intensity
2/1/0. 8 credit(s). Type of Completion: zk (examination).
Taught in person.
doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Ing. Eduard Bakoš, Ph.D. (lecturer)
Guaranteed by
doc. Ing. Robert Jahoda, Ph.D.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Jana Biskupová
Supplier department: Department of Public Economics – Faculty of Economics and Administration
The course is a follow-up to the Elementary Public Finance.
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.

The capacity limit for the course is 25 student(s).
Current registration and enrolment status: enrolled: 0/25, only registered: 0/25
fields of study / plans the course is directly associated with
Course objectives
The main objective of the course is to expand students’ theoretical knowledge and skills in the areas of public finance and tax policy and their evaluation. The course focuses particularly on addressing the question how taxes may be used as a tool for achieving governmental policies and on explanation selected policies from Public finance area. Specific attention is also paid to a comparison of tax policies of developed countries.
Learning outcomes
At the end of the course students should be able to:
* understand and explain the development and role of tax policy,
* assess distributional and economic impacts of changes in present tax policy,
* use acquired knowledge of present development and deduce impacts of tax policy on future development,
* interpret main differences of the tax theory from real "doing",
* clarify various methods of public expenditure management,
* compare different models of pension systems,
* understand financial flows in health-care and,
* analyze public debt management - evaluate fiscal sustainability of public finance.
  • The content of the course is divided into two blocs. The first one concentrate more on tax policy, the second one deals with public finance sustainability issues. Indicative breakdown of topics: 1) Introduction to the course, revision of previous knowledge
  • 2) Tax incidence and equity – measurement and interpretation
  • 3) Supply side of the economy and taxation
  • 4) Current tax policy, its issues and future prospects in the Czech Republic
  • 5) Corporate income tax and personal income tax
  • 6) Indirect taxes - AT, excise duties
  • 7) Public Debt Management - European perspective I
  • 8) Public Debt Management - European perspective II (case of PIIGS countries)
  • 9) Pension policy and its sustainability
  • 10) Health Care Policy
  • 11) Public Finance Management and its innovations
    required literature
  • MIRRLEES, James A. and Stuart ADAM. Tax by design : the Mirrlees review. 1st ed. Oxford: Oxford University Press, 2011, xvii, 531. ISBN 9780199553747. info
  • HYMAN, David N. Public finance : a contemporary application of theory to policy. 11e. Stanford: Cengage Learning, 2014, xvi, 698. ISBN 9781285173955. info
    recommended literature
  • MIRRLEES, James A. Welfare, incentives, and taxation. Oxford: Oxford University Press, 2006, xii, 656. ISBN 9780198295211. info
  • The economics of tax policy. Edited by Michael B. Devereux. Oxford: Oxford University Press, 1996, vii, 265. ISBN 0198774303. info
  • Tax policy and labor market performance. Edited by Jonas Agell - Peter Birch S²rensen. Cambridge, Mass.: MIT Press, 2006, xviii, 322. ISBN 0262012294. info
  • Recent tax policy trends and reforms in OECD countries. Paris: Organisation for Economic Co-operation and Development, 2004, 170 s. ISBN 9264016570. info
  • A.LANS BOVENBERG. Tax policy and labor market performance. CESifo Working Paper Series. Munich, 2006, No 1035. ISSN 1617-9595. URL info
  • Tax policy and the economy 21. Edited by James M. Poterba. Cambridge: MIT Press, 2007, xvi, 184. ISBN 9780262162463. info
Teaching methods
The course takes the form of both lectures and seminars. During lectures, selected issues of public finance are explained. The topic might be further developed during seminars. Students might be expected to present their seminar work.
Assessment methods
The course is concluded with an oral exam. The oral exam, however, might be omitted. Based on a continuous evaluation during the whole term, students acquire points: two written tests (each counts for 40 points) and elaboration (and presentation) of group seminar work (up to 20 points). The teacher can award students with “bonus” points if they are active during seminars. The maximum number of points is not set. For the final grade, all the points will be counted up, and the assessment will depend on the scale of assessment points.
Classification scheme:
Grade and Point numbers (roughly)
A (80 and more)
B (75 - 80)
C (70 - 75)
D (65 - 70)
E (60 - 65)
F with the possibility of correction (55 - 60)
F without the possibility of correction (0 - 55)
The current “Classification scheme” may slightly vary from the one described above. If students do not gain the required minimum of points (55 points), the teacher regards it as the absence of their continuous preparation. It means that students can re-take neither “failed” tests nor seminar work. In this case, a student is graded with an "-".
Requirements (including the literature) are specified further in the interactive syllabus and the downloadable study plan before the semester starts.
Language of instruction
Further comments (probably available only in Czech)
The course is taught annually.
The course is taught: every week.
General note: Předmět je určen pro Erasmus studenty a není ekvivalentem předmětu MPV_VEF2.
Teacher's information
This course is due to COVID 19 measurements instructed only ONLINE in the autumn semester 2020. You can contact the teacher of the course about organizational matters.
The course is also listed under the following terms Autumn 2015, Autumn 2016, Autumn 2017, Autumn 2018, Autumn 2019, Autumn 2020, Autumn 2021, Autumn 2022, Autumn 2023.
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