Public finance and tax system 1100-12-G12-IC-FPSP

The course is conducted in the form of a lecture and complementary classes. The lecture will include the presentation of the following issues (K_W03):
1. Subject of public finance as science.
2. Review of the most important theories of public finance.
3. Functions of public finance.
4. System of public finance.
5. Public revenue.
6. Economic and social effects of taxes.
7. Public expenditure.
8. Budget balance.
9. Public debt.
10. Fiscal policy.
As part of the classes, students will gain more detailed knowledge about current solutions regarding the following issues (K_W04, K_U03):
1. Budget system and state budget.
2. Budget procedure and budget calendar.
3. Budget classification.
4. System of state budget revenue with particular emphasis on taxes.
5. The system of state budget expenditure.
6. State budget balance.
7. Organizational forms of budgetary economy.
8. Public aid
9. Public procurement
10. European funds

Total student workload

The total number of self-study hours of a student (4ECTS x 25 hours): 100 hours 1. Contact hours: 45h lectures and classes and 15h consultation: in total 60 hours 2. The time devoted to self-study of a student necessary to successfully complete the course (collection and selection of relevant materials for classes, required revision of the material, writing assignments, reading reference materials): in total 20 hours 3. The time required to prepare for examination: in total 20 hours

Learning outcomes - knowledge

W1: The graduate knows and understands at an advanced level the economic and financial structures and their institutions as well as the key effects of the activities of these institutions in the sphere of banking and financial markets - K_W03 W2: The graduate knows and understands at an advanced level the economic and financial norms and rules that define the functioning of entities in the banking sector and financial markets - K_W04

Learning outcomes - skills

U1: The graduate is able to use normative systems (legal, economic, social) in the area of economic and financial decisions in the sphere of banking and financial markets, taking into account the changes generated by the digitization of the economy - K_U03

Teaching methods

Lecture: organizational lecture, information lecture, problem lecture, presentation with description, discussion, multimedia presentation. Classes: active participation in the discussion, paper, case study.

Expository teaching methods

- problem-based lecture
- informative (conventional) lecture
- participatory lecture

Prerequisites

None.

Course coordinators

Robert Huterski

Assessment criteria

Written exam.
Classes: final grade taking into account the assessment of the essay/presentation and test.

Assessment method - it is required to obtain 50% of the possible points to pass the course.
<50% - 60%) – satisfactory (D),
<60% - 70%) - satisfactory plus (D+),
<70% - 80%) – good (C),
<80% - 90%) - good plus (very good B),
<90% - 100%> - excellent (A)
Written examination - W1 +++, W2 +++
Final test (classes) - W1+++, W2+++, U1+++

Practical placement

Not applicable.

Bibliography

Owsiak S., Finanse publiczne. Współczesne ujęcie, Wydawnictwo Naukowe PWN 2021 (2017-2023).
Hyman David N., Public Finance: A Contemporary Application of Theory to Policy, 12th Edition, CENGAGE 2021 (2014).

Additional information

Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system:

Description of 1100-12-G12-IC-FPSP in USOSweb