656 Public Finance

656 Public Finance

  • Study programme and level: University degree programme Administration 1nd Cycle
  • 2nd year
  • 6 ECTS
  • Course type: Core
  • Lectures: 45
  • Tutorial: 30
  • Individual work: 105
  • Lecturer: Maja Klun, PhD

 

1. Objectives and competences

Student:

  • breaks down general elements of revenue and expenditure side of public finance
  • analyzes the role of public finance in a economy
  • identifies key elements of efficient use of public resources
  • distinguishes between different revenues

Competences:

  • to make familiar with public finance and the basics of taxation,
  • to feel confident in approaching public finance influenced by micro and macro elements in public and private sector
  • to marry theory and practise in public finance
  • to analyze and connect different issues
  • to be partner in interdisciplinary team

2. Content

  • Public finance functions
  • Basic tax issues
  • Tax system and tax policy
  • Analysing the main taxes (PIT, CIT, VAT, etc.)
  • Local public finance
  • Budget (definition, process, control)
  • Public debt
  • Public expenditure
  • Social security
  • Statistics of public finance

3. Readings

  • Stanovnik, T. (2008). Javne finance. EF, Ljubljana. Pogl. 2., pp. 7-30.
  • Klun, M. (2010). Davčni sistem. FU, Ljubljana.
  • Setnikar-Cankar, S. et al. (2009). Ekonomika javnega sektorja s proračunskim financiranjem.  FU, Ljubljana. (POGL.11-13)
  • Musgrave R. A., Musgrave P. B. (1989). Public Finance in Theory and Practice, fifth edition. McGraw-Hill Book Company, New York. part 3, str. 113-206.

4. Intended learning outcomes

Student:

  • is able to understand basic definitions in public finance
  • demonstrates and evaluates regulation in the field of taxation, budget and public debt and budget process
  • understands social transfer policy,
  • demonstrates liaison between local and state budget, public revenue and public expenditure

5. Learning and teaching methods

  • lecture
  • practical work
  • seminar paper
  • (group) presentation
  • case study
  • problem based learning
  • e-learning

6. Assessment

  • written and/or oral exam (80%)
  • coursework and active class participation or seminar work (20%)