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Lecturer(s)
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Slavík Jan, doc. Ing. Ph.D.
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Struk Michal, Ing. Ph.D.
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Course content
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1. Role of the public sector 2. Size of the public sector 3. Welfare economics 4. Public goods, services, choice 5. Public expenditure 6. Defense 7. Healthcare 8. Education 9. Social insurance 10. Research and technology 11. Infrastructure 12. Culture 13. Sport 14. Housing 15. Regional policy 16. Environmental policy
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Learning activities and teaching methods
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unspecified, unspecified, unspecified, unspecified, unspecified, unspecified, unspecified
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Learning outcomes
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The course introduces students to the role of the public sector in the economy (increasing societal welfare through the provision of public goods and services), methods of allocating public funds, and major areas of public expenditure. The course then focuses on the financing and role of selected public sector fields (social security, healthcare, education, defense, and others). Upon completion of the course, students will gain knowledge about the scope and specific activities and agendas of the public sector commonly provided in developed countries, methods of financing, specifics associated with these activities, and reasons why these are provided dominantly by the public sector.
Upon completing this course, students will understand the scope of activities that the public sector provides, reasons why these activities are commonly provided by the public sector, how these activities are financed and how they benefit the societal welfare.
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Prerequisites
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unspecified
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Assessment methods and criteria
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unspecified
Two interim exams, position paper related to a scientific article or selected topic. Minimum 60 % from course activities required to pass.
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Recommended literature
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ABELSON, P. Public Economics: Principles and Practice.. Online Open-Access Edition, 2018.
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BAILEY, S. J. Public Sector Economics: Theory, Policy, Practice.. Red Globe Press, 2001.
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GREVE, B. The Role of the Public Sector.. Edward Elgar Publishing, 2022.
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JAY, A. & LYNN, J. Yes Minister. BBC2, 1980.
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Stiglitz, J. E., & Rosengard, J. K. Economics of the Public Sector. WW Norton & Company. (vybrané kapitoly).
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TRESCH. R. W. Public Sector Economics.. Palgrave Macmillan, 2008.
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