BPV_APEC Public Economics

Faculty of Economics and Administration
Autumn 2013
Extent and Intensity
2/0/0. 5 credit(s). Type of Completion: zk (examination).
Ing. Miloš Fišar, Ph.D. (lecturer)
Ing. Šárka Horáková (lecturer)
Ing. Filip Hrůza, Ph.D. (lecturer)
doc. Ing. Vladimír Hyánek, Ph.D. (lecturer)
doc. Ing. Robert Jahoda, Ph.D. (lecturer)
Ing. Igor Kiss (lecturer)
Ing. Lenka Kopečková (lecturer)
doc. JUDr. Ivan Malý, CSc. (lecturer)
Mgr. Ing. Lenka Matějová, Ph.D. (lecturer)
Mgr. Ing. Zuzana Špačková, Ph.D. (lecturer)
prof. Mgr. Jiří Špalek, Ph.D. (lecturer)
doc. Ing. Gabriela Vaceková, PhD. (lecturer)
Ing. Marek Vyskočil (lecturer)
John Frederick Wilton, B.A. (Hons), M. Soc Sc, Ph.D. (lecturer)
Guaranteed by
prof. Mgr. Jiří Špalek, Ph.D.
Department of Public Economics - Faculty of Economics and Administration
Contact Person: Mgr. Jana Nesvadbová
Supplier department: Department of Public Economics - Faculty of Economics and Administration
Tue 16:20–17:55 S310
(! PVVE Public Economics )
Course Enrolment Limitations
The course is also offered to the students of the fields other than those 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, only registered with preference (fields directly associated with the programme): 0/25
fields of study / plans the course is directly associated with
Course objectives
The course presents an introduction to Public Economics. It deals with that part of national economy which is funded from redistributive processes and which is usually referred to as the Public Sector (PS). The subject matter is divided into several interrelated blocks: The first block works more deeply with some basic concepts known to the students from Microeconomics course, mainly the econimc roles of the government. The rationale for the public sector is explored here as well. The objective is to enhance critical and analytical economic-thinking of students here. The second block deals with processes of resource allocation decisions making within the Public Sector - Public Choice and introduction to the Public Policy and Public Policy analysis. The main goal is to teach students to understand the role and motivation of main players. The third block analyses an "anathomy" of finantial flows within the Public Sector, it is public finance as a dominant category. The objective is to understand main principles and issues of public finances in modern economics. This block also introduces the students to the structure of public budget revenues placing special emphasis on taxes. The aim is to understand principles of "good" taxation and to cope with differences in attitude towards practical issues of a tax policy. The final block has a synthetic nature and the efficiency of the PS is analyzed as a pivotal concept here. To obtain knowledge of measures and tools reducing the natural tendency of PS to inefficiency is the goal here.
  • 1. Introduction
  • 2. Economic Role of the Government
  • 3. Rationale for Government Incentives, Market failures, Distributional Justice
  • 4. Spill-over Effects, Public Goods
  • 5. Public Choice, Government failures
  • 6. Public Finance, Public Expenditures and Revenues
  • 7. Budgetary Systems, Local Finance, Finance of EU
  • 8. Budget Deficit and Public Debt
  • 9. Introduction to Tax Theory
  • 10. Fairness in Taxation, Tax Efficiency
  • 11. Non-for-profit Sector
  • 12. Individual Consultation
  • 13. Written Test and Oral Exam
    required literature
  • STIGLITZ, Joseph E. Economics of the public sector. 3rd ed. New York: W. W. Norton & Company, 2000. xxiii, 823. ISBN 0393966518. info
    recommended literature
  • HILLMAN, Arye L. Public finance and public policy : responsibilities and limitations of government. 2nd. ed. Cambridge: Cambridge University Press, 2009. x, 859. ISBN 9780521738057. info
Teaching methods
lectures, assigned reading, class discussion, seminars
Assessment methods
The exam has a written (40 points) and an oral (30 points) form. The basic condition for getting a grade (A-E) from the course is to gain at least 30 points. Important information! If students commit a prohibited act, such as using various forbidden tools, cribbing, taking out any part of the exam or any other cheating, the teacher is allowed to interrupt an exam and to grade a student with F, FF or FFF according to the seriousness of the offence. The mentioned procedure relates to all the activities that are included in the final evaluation of the course (seminar work, essays, tests etc.).
Language of instruction
Further comments (probably available only in Czech)
Study Materials
The course is taught annually.
Information on course enrolment limitations: This course is offered only to foreign students
Information about innovation of course.
This course has been innovated under the project "Inovace studia ekonomických disciplín v souladu s požadavky znalostní ekonomiky (CZ.1.07/2.2.00/28.0227)" which is cofinanced by the European Social Fond and the national budget of the Czech Republic.

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Listed among pre-requisites of other courses
The course is also listed under the following terms Autumn 2010, Autumn 2011, Autumn 2012, Autumn 2014, Autumn 2015, Autumn 2016, Autumn 2017, Autumn 2018, Autumn 2019, Autumn 2020, Autumn 2021.
  • Enrolment Statistics (Autumn 2013, recent)
  • Permalink: https://is.muni.cz/course/econ/autumn2013/BPV_APEC