Course detail

Public Structural Investments I

FAST-BV54Acad. year: 2013/2014

This subject deals with problem of efficiency of public structural projects. The main focus of the course is the methodical suggestion of elaboration of the Feasibility study, Cost Benefit Analysis and more documents (SWOT analysis, Log frame). Problems of financial national and international resources (especially structural funds EU). Public contracts, the award procedures and the selection of optimal tender. Public Private Partnership.

Language of instruction

Czech

Number of ECTS credits

5

Mode of study

Not applicable.

Guarantor

prof. Ing. Jana Korytárová, Ph.D.

Department

Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Independent work on feasibility study and cost benefit analysis of the project financed by public sources. Ability basic orientation in the field of public procurement.

Prerequisites

Knowledge of business plan processing in private sector.

Co-requisites

Knowledge of economic effeciency investment ratio (net present value, internal rate of return, pay back period), profit, sensitivity and probalility analysis.

Planned learning activities and teaching methods

The course is taught through lectures, practical classes and self-study assignments. Attendance at lectures is optional, but attendance at classes is compulsory.

Assesment methods and criteria linked to learning outcomes

Credit is awarded on the processing of the final test containing of solution of examples. The exam consists of a written test, written answers to questions and oral examination. For passing the oral exam, the student must obtain in the written part a minimum 50 points from 100.

Course curriculum

1. Public and private sector (Pareto’s optimum, efficiency)
2. Pricing of public and private goods, externalities
3. Cost output methods for evaluation of economic efficiency public projects
4. Regional policy, principles and instruments
5. Financial resources for the public investment (national, international)
6. SWOT analyses, Log frame
7. Feasibility Study of public structural projects
8. Cost Benefit Analysis of public structural projects
9. Calculation of economic efficiency ratios (NPV, IRR, FRR, ERR, B/C…)
10. Project cost according to grant sources
11. Public contracts (terms, award procedures) – Act No 137/2006 Coll., on Public Contracts
12. Evaluation of public tender (the economic advantage of a tender or the lowest tender price)
13. Public Private Partnership, Act No 139/2006 Coll., on Concession Contracts and Concession Procedures (Concessions Act)

Work placements

Not applicable.

Aims

Goal of this subject is to give enough information for independent work on feasibility study for project financed by public sources.

Specification of controlled education, way of implementation and compensation for absences

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Zákon č. 137/2006 Sb., o veřejných zakázkách v platném znění. 0. (CS)
Zákon č. 139/2006 Sb., o koncesních smlouvách a koncesním řízení (koncesní zákon) v platném znění. 0. (CS)
JACSON, Peter McLeod a BROWN, Charles Victor: Public sector economics. Michigan university: Blackwell, 1992. ISBN 0631141219, 9780631141211. (EN)
KORYTÁROVÁ, Jana, FRIDRICH Jaroslav a PUCHÝŘ Bohumil: Ekonomika investic. Brno: Akademické nakladatelství CERM, s.r.o., 2002. ISBN 80-214-2089-8. (CS)
OCHRANA, František; PAVEL, Jan; VÍTEK, Leoš a kolektiv: Veřejný sektor a veřejné finance - Financování nepodnikatelských a podnikatelských aktivit. GRADA Publishing, 2010. ISBN 978-80-247-3228-2. (CS)

Recommended reading

JACSON, Peter McLeod a BROWN, Charles Victor: Ekonomie veřejného sektoru. Praha: EUROLEX BOHEMIA – edice ekonomie, 2003. ISBN 80-86432-09-2. (CS)

Classification of course in study plans

  • Programme B-P-C-ST Bachelor's

    branch E , 3. year of study, summer semester, elective

  • Programme B-P-E-SI Bachelor's

    branch E , 4. year of study, summer semester, elective

  • Programme B-K-C-SI Bachelor's

    branch E , 4. year of study, summer semester, elective

  • Programme B-P-C-SI Bachelor's

    branch E , 4. year of study, summer semester, elective

  • Programme B-P-C-MI Bachelor's

    branch MI , 4. year of study, summer semester, compulsory

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

prof. Ing. Jana Korytárová, Ph.D.

Syllabus

1. Public and private sector (Pareto’s optimum, efficiency)
2. Pricing of public and private goods, externalities
3. Cost output methods for evaluation of economic efficiency public projects
4. Regional policy, principles and instruments
5. Financial resources for the public investment (national, international)
6. SWOT analyses, Log frame
7. Feasibility Study of public structural projects
8. Cost Benefit Analysis of public structural projects
9. Calculation of economic efficiency ratios (NPV, IRR, FRR, ERR, B/C…)
10. Project cost according to grant sources
11. Public contracts (terms, award procedures) – Act No 137/2006 Coll., on Public Contracts
12. Evaluation of public tender (the economic advantage of a tender or the lowest tender price)
13. Public Private Partnership, Act No 139/2006 Coll., on Concession Contracts and Concession Procedures (Concessions Act)

Exercise

26 hours, compulsory

Teacher / Lecturer

prof. Ing. Jana Korytárová, Ph.D.

Syllabus

1. Assessment of the cost-effectiveness of projects.
2. SWOT analysis - Case Study.
3. Analysis of problems and solutions.
4. Logical Framework - Case study. Determination of connection hypotheses. Entering the project.
5. Individual project work - Logical Framework.
6. Presentation of results.
7. Cost methods of project evaluation - Case Study.
8. CBA analysis. Cost-effectiveness of the project. Individual work.
9. CBA analysis. The economic efficiency of the project. Individual work.
10. – 11. CBA analysis. The sensitivity analysis. Individual work.
12. Presentation of results.
13. Credit.