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Lecturer(s)
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Stejskal Jan, prof. Ing. Ph.D.
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Gyamfi Solomon, Ing. Ph.D.
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Course content
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Introduction to problem Economics and public economics Public and non-profit sector Mixed economy and reasons for public sector existence Scope of poublic sector Public sector functions Alocation function Redistribution function Collective goods Externalities Natural monopoly
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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 aim of the course is to acquaint students with the basic issues and problems of public economics and public economy and to create a theoretical basis for the study of other related disciplines, especially public finance and public sector economics.
Students will be well informed with fundamental questions and problems in public economics and public economies and to create the theoretical base for study of another consequential disciplines, especially public finances and public sector economy.
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Prerequisites
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Knowledge of microeconomics - the basic forms of imperfect competition, the basic principles of the functioning of markets and the behavior of market participants are expected.
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Assessment methods and criteria
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Oral examination, Written examination, Student performance assessment
Closing assignment: assignment test (two parts: middterm at November, 20-24 and test in last week of semester). The students must have more than 60 % from both tests for assignment. Final examination: written, eventually oral.
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Recommended literature
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CONNOLLY, S., MUNRO, A.:. Economics of the Public Sector. Harlow: Prentice Hall, 1999.
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STIGLITZ, J. E.:. Economics of the Public Sector. New York: Norton, 1988.
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