Public Finance (ćwiczenia) - 2018/2019

Course description
General information
Lecturer:mgr Anna Krawczyk-Sawicka
Organising unit:Faculty of Social Sciences - Instytut Ekonomii i Zarządzania
Number of hours (week/semester): 2/30
Language of instruction:Język polski
Course objective
C1. Providing basic information about the public finance
C2. Linking knowledge of macroeconomics, financial markets with
public finance problems
C3. Linking knowledge about monetary policy with fiscal policy
W1 - knowledge of the course: microeconomics,
W2 - knowledge of the course : macroeconomics
W3 - knowledge of the course: financial institutions and markets
Learning outcomes
W1. the student has a basic knowledge of the role of public finance, knowledge of the basic concepts used in public finance, K_W09
W2. student understands the interdependence of monetary and fiscal policy, K_W04
W3. understanding of the needs for public finances and their limitations, K_W09

U1.student understands and knows how to interpret basic data on the role of public finance in the country and the financial situation of the economy, K_U02
U2. understanding of the relationship between public finance and economic policy, K_W04
U3. understanding of the processes of creation and functioning of the state budget and other segments of the public finance, K_W04
U4. student after the lecture should understand basic information describing the state of public finance in Poland and other countries, especially about expenditure, deficit and public debt
U5. students can find the relevant provisions in the legislation and correctly interpret them K_U02_12
U6. Student can calculate size of a particular taxes K_U02_12

K1. students are aware of the level of their knowledge and the need for improvement, K_K01
K2. students are aware of the fundamental role of economic policy to justify the existence of public finances beside the market, K_K06
Teaching method
The course is comprehensive, require the presentation of a number of quantitative data and therefore is supported by many presentations on multimedia projector. All presentations students receive after each lecture. In addition to information of a definitional and analytical character, teacher provides up-to-date information on the financial situation of discussed elements of public finances. In the exercises are used: an introductory lecture with multimedia presentation, an analysis of acts with the discussion, exercises using participatory methods.
Course content description
The issues of lecture:
1.Understanding public finances on historical evolution and basic schools
2. Public finances and functions of the state; an element of coercion.
3.The economic justification of public finances: the so-called public goods .. merit foods
4.Finance and interest groups
5.Revenue, income
6.Expenditure, expenditures
7.Budget: economic and legal approach. Structure of the budget
8.The preparation, adoption and implementation of the budget
9.Taxes: types, characteristics, consequences.
10.Taxes in Poland - Overview; comparative base
11.The expenditure structure; fixed spending.
12.The balance, budget deficit
13.Public debt; the consequences; public debt today, the problem of debt in the world today
14.Fiscal policy, characteristics, scope, consequences, fiscal policy vs monetary policy
15.Public Finances in the EU; Poland and joining the Eurozone

The issues of exercises:
1.The state budget - concept, characteristics and budgetary rules
2.Sources of income and expenditure of the state. The budget deficit and public debt
3.The tax system in Poland and the most important legal acts.
4.Personal income tax
5.Corporate income tax
6.VAT and excise duties
7.Local taxes and fees
8.Local government finance
9.The Structural Funds and EU support programs
10.Rising funds from the European Union
11.Forms of employment and tax and insurance burden
12.The pension scheme in Poland
13.Bank account
14.Loan - concept, types and forms of security
15.Credit, loan, lease - optimization of rising funds
Forms of assessment
Unsatisfactory/not passed (2)
(W) The student does not know and does not understand the basic concepts of public finance instruments,
(U) The student cannot, even in an elementary way, respond to any of the selected (3) questions of lecture, when it comes to exercises the student has not answered correctly at least 51% of questions
(K) The attitude of the student indicates that the subject does not interest him/her, he/she did not try to become familiar with the materials provided by the teacher, even though they were available
Satisfactory/pass mark (3)
(W) The student has an elementary knowledge relating to two of three of the questions from the lecture, or basic level of knowledge regarding two of the three questions of the course, as for exercises the student gave more than 51% but less than 70% correct answers.
(U) The student has the ability to understand and conclude within the scope of his knowledge, he knows how to use any tips from the examiner
(K) The student’s answers show that he had tried to get acquainted with material binding for the exam of the lecture and pass of the exercises, even if he/she does not fully understand some things
Good (4)
(W) The student shows the good knowledge and understanding within three selected questions, as for exercise the student answered correctly at least 70% but less than 85% of questions.
(U) The student has demonstrated the ability of logical presentation in an answer, he/she is aware of the interdependencies when discussing the issues
(K) The level of student’s knowledge indicates that he/she was interested in the subject, at least some of the issues
Very good (5)
(W) Full knowledge of the subject in obligatory scope
(U) The student can reason and use his knowledge to analyze the given issue
(K) The student shows interest in the problems of the financial markets, for example in presenting information beyond the obligatory scope
Required reading list
Literatura podstawowa
1.materiały (prezentacje multimedialne) wykładowców
2. Wernik A., Finanse publiczne. Cele, struktury, uwarunkowania, PWE, Warszawa 2011,
3. Owsiak J. :Finanse publiczne, PWN 2005 r.,
4.Pietrzak B., Polański Z., Woźniak B. :System finansowy w Polsce, PWN 2003, str.425-736
Literatura uzupełniająca:
1.Finanse, red. Ostaszewski J Difin, Warszawa2010,
2.Finanse publiczne, red. Juja T., Wydawnictwo Uniwersytetu Ekonomicznego w Poznaniu, Poznań 2011,
3.Ustawa o podatku dochodowym od osób fizycznych z dnia 26 lipca 1991 r (Dz. U. z 2012r. poz. 361, z późn. zm)
4.Ustawa o podatku dochodowym od osób prawnych z dnia 15 lutego 1992r. (Dz. U. 2011 Nr 74, poz. 397)
5.Borodo A., Samorząd terytorialny. System prawnofinansowy, Wydawnictwa Prawnicze PWN, Warszawa 2006
6.Budżet władz lokalnych. Narzędzia zarządzania pod red. S. Owsiaka, Polskie Wydawnictwo Ekonomiczne, Warszawa 2002
Field of study: Economics
Course listing in the Schedule of Courses:
Year/semester:Year II - Semester 4
Number of ECTS credits: 0
Form of assessment: Grade