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Lecturer(s)
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Stejskal Jan, prof. Ing. Ph.D.
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Linhartová Veronika, Ing. et 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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Object tie together on pieces of knowledge from object Macroeconomics, Microeconomics and Development of public administration. Attention is presented by the theoretical interrogations in public economics, explication of fundamental constructs and relations. Special attention is aimed on characteristics of public sector and chosen economic tools of public sector. Object purpose is to acquaint the listeners 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.
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, 23-29 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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