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Lecturer(s)
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Provazníková Romana, doc. Ing. Ph.D.
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Course content
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1. Public sector and its role in national economy from the point of historical context 2. Governmental failure, market failure 3. The size of public sector, its structure and behaviour 4. The theory of public choice 5. Public control 6. Financing of public sector and its influence on macroeconomic management
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Learning activities and teaching methods
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Monologic (reading, lecture, briefing), Dialogic (discussion, interview, brainstorming), Work with text (with textbook, with book), Methods of individual activities
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Learning outcomes
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The course Public Economics III is devoted to expanding questions of public economy and economics. Special consideration is given to effectivity of a public sector, to its size and structrure. Troublesome questions of governmental failure, public choice or public control are discussed. Besides above mentioned issues, the course presents the role of public sector at the economy and its inflluence on solutions of world integrational and global processes.
Students will be able to solve partial problems of public economics, they will understand causes and effects of particular public economic processes and know how to select and apply adequate methods when solving selected problems of public economics and economy. Students will be able to defend these methods in the discussion.
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Prerequisites
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unspecified
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Assessment methods and criteria
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Home assignment evaluation, Student performance assessment
Elaboration of semestral project, its presentation and defence.
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Recommended literature
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Arrow, Kenneth J. Social Choice and Individual Values 2d ed. 1951 New York: Wiley.1963. New York: Wiley, 1963.
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BAILEY, S., J. Strategic Public Finance. Palgarve, 2004.
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BÉNARD, J. Veřejná ekonomika. Ekonomický ústav ČSAV, Praha 1989.
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DVOŘÁK, P. Veřejné finance, fiskální nerovnováha a finanční krize. Praha:C.H.Beck, 2008.
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JACKSON, P. M., BROWN, C. V. Ekonomie veřejného sektoru. Praha: Eurolex Bohemia, 2003.
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MMF, WB, OECD, EU. články z odborných periodik a z internetových databází.
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Niskanen, William A. Bureaucracy and Representative Government. Chicago: Aldine, Atherton, 1971..
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Stiglitz, J. Ekonomie veřejného sektoru. Praha: Grada, 1997.
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