Course detail

Public Structural Investments

FAST-TV06Acad. year: 2017/2018

The main focus of the course is the methodical suggestion of possibilities of elaboration of the feasibility study for public orders. Feasibility study is set into wider social frame, it leans on the development strategy of towns, town planning schemes, labour market etc. Then it leans on possibilities to obtain investment funds from native or foreign sources (the EU) – structural funds and evaluation of the efficiency of the public investment, achievement of its technical and economical parameters and fulfilling assigned objectives, regarding the specific features of towns’ economy.

Department

Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Knowledge about creation of feasibility study and eCBA public structure project.

Prerequisites

Knowledge about creation of feasibility study in private sector.

Co-requisites

Not applicable.

Recommended optional programme components

Not applicable.

Recommended or required reading

JACSON, Peter McLeod a BROWN, Charles Victor: Public sector economics. Michigan univerzity: Blackwell, 1999. 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)
JACSON, Peter McLeod a BROWN, Charles Victor: Ekonomie veřejného sektoru. Praha: EUROLEX BOHEMIA – edice ekonomie, 2003. ISBN 80-86432-09-2. (CS)
OCHRANA, František; PAVEL, Jan; VÍTEK, Leoš a kolektiv: Veřejný sektor a veřejné finance - Financování nepodnikatelských a podnikatelských aktivit. GRADA Publishing, a.s., 2010. ISBN 978-80-247-3228-2. (CS)

Planned learning activities and teaching methods

Not applicable.

Assesment methods and criteria linked to learning outcomes

Not applicable.

Language of instruction

Czech

Work placements

Not applicable.

Course curriculum

1. Public and private sector (Pareto’s optimum, view of the efficiency)
2. Economic terms used in public projects (benefit, incomes, revenues, costs, expenditures, efficiency)
3. Basic methods of economic evaluation of public projects
4.–5. Cost-benefit analysis (CBA)
6. Time value of money, indexes of economic efficiency (NPV, IRR, FRR, ERR, B/C, …)
7. Risks and uncertainties (inflation expecting, states of the world)
8. Analysis of the sensitivity and probability
9. Financial resources for the public financing (domestic – public budgets, foreign – funding foreign resources, institutions)
10. Public orders submission – Act No. 137/2006 Coll., on Public Contracts
11.–12. Public business competition
13. Public orders evaluation. Choice of the best order (supply price, economic suitability)

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.

Classification of course in study plans

  • Programme N-P-C-A Master's

    branch ARS , 2. year of study, winter semester, 4 credits, compulsory

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

seminars

26 hours, compulsory

Teacher / Lecturer