Last update: Mgr. Radka Štiková, Ph.D. (06.02.2009)
The course deals with standard public finance topics: we start with an introduction to the economic rationale for government. The major part of the course is then devoted to the theory of taxation, i.e. how taxes influence economic activities and analysis of public expenditure theories, namely public choice theory. We conclude with an overview of literature and empirics on the globalization and Internet effects on the tax systems worldwide.
Last update: Mgr. Radka Štiková, Ph.D. (06.02.2009)
The course deals with standard public finance topics: we start with an introduction to the economic rationale for government. The major part of the course is then devoted to the theory of taxation, i.e. how taxes influence economic activities and analysis of public expenditure theories, namely public choice theory. We conclude with an overview of literature and empirics on the globalization and Internet effects on the tax systems worldwide.
Course completion requirements -
Last update: PhDr. Natálie Švarcová, Ph.D. (17.02.2016)
Home assignments: max. 20 points
Essay: 30 points
Final test: max. 50 points
At least 50% of points from each activity is required to pass the course.
Grading:
60 - 71 dobře C
72 - 84 velmi dobře B
85 - 100 výborně A
Last update: PhDr. Natálie Švarcová, Ph.D. (17.02.2016)
Domácí úkoly: celkem max. 20 bodů
Esej: max. 30 bodů
Závěrečný test: max. 50 bodů
Z každé aktivity je vyžadováno alespoň 50% bodů.
Hodnocení:
60 - 71 dobře C
72 - 84 velmi dobře B
85 - 100 výborně A
Literature -
Last update: PhDr. Natálie Švarcová, Ph.D. (14.02.2014)
• Stiglitz, J.E. (2000) Economics of the Public Sector, 3. Edition • Hillman, A.L. (2009) Public Finance and Public Policy, Responsibilities and Limitations of Government, Cambridge University Press • Gruber, J. (2010) Public Finance and Public Policy, Worth Publishers • Hindriks, J., Myles, G.D. (2006) Intermediate Public Economics, The MIT Press • Barr, N. (2004) The Economics of the Welfare State, Stanford University Press • Cullis, J., Jones, P. (1998) Public Finance and Public Choice, McGraw Hill
Last update: PhDr. Natálie Švarcová, Ph.D. (11.02.2013)
• Stiglitz, J.E. (2000) Economics of the Public Sector, 3. Edition • Hillman, A.L. (2009) Public Finance and Public Policy, Responsibilities and Limitations of Government, Cambridge University Press • Gruber, J. (2010) Public Finance and Public Policy, Worth Publishers • Hindriks, J., Myles, G.D. (2006) Intermediate Public Economics, The MIT Press • Barr, N. (2004) The Economics of the Welfare State, Stanford University Press • Cullis, J., Jones, P. (1998) Public Finance and Public Choice, McGraw Hill
Syllabus -
Last update: PhDr. Natálie Švarcová, Ph.D. (11.02.2013)
• Introduction o Four questions of public finance o Facts on governments around the world o Why study public finance now?
• Economic Rationale for the Government o Efficiency of the markets o Market failures o Distributive justice o Paternalism o Efficiency equity trade-off
• Public goods o Types of public goods o Efficient provision of public goods
• Public choice o Voting o Majority rule
• Government Bureaucracy o Principal agent problem o Rent-seeking
• Externalities o Private solutions to externalities o Public solution to externalities
• Expenditure programs o Education o Pension systems o Health care and health insurance
• Financing public programs o Taxation and economic efficiency o Tax incidence o Government borrowing
• Choice of taxation o Optimal taxation - Ramsey rule, equal sacrifice o Capital and other tax bases
Last update: PhDr. Natálie Švarcová, Ph.D. (11.02.2013)
