Institutions of public finance 2600-MSFRz1IFP
Lecture
1. The state budget in terms of tasks
- historical outline of the creation of the performance budget
- the essence of the performance budget
- objectives of the performance budget
- subjective and objective scope of the performance budget
- components of the performance budget
- performance budget and traditional budget
- advantages and disadvantages of the performance budget
2. EU budget
- historical outline of the EU budget
- the essence of the EU budget
- EU budget rules
- procedure for adopting the EU budget
- execution and control of the implementation of the EU budget
- revenues and expenditure of the EU budget
- multiannual financial framework
- next generation EU
3. Budget of European funds
- historical outline of the creation of the budget of European funds
- the essence of the budget of European funds
- revenues and expenses in the budget of European funds,
- deficit and surplus in the budget of European funds,
- rules for disbursement of funds from the European funds budget.
4. Stabilizing expenditure rule
- objectives of the stabilizing expenditure rule
- a model of a stabilizing expenditure rule
- the subjective and objective scope of the stabilizing expenditure rule
5. Prudential and remedial procedures
- goals of prudential and remedial procedures
- I prudential and remedial procedure
- Second precautionary and restructuring procedure
- 3rd prudential and restructuring procedure
- remediation program
6. Participatory budget
- theoretical foundations of the participatory budget
- legal basis for the participatory budget
- rules for creating a participatory budget
7. Debt of local self-government units
- rules for incurring liabilities by local self-government units
- operational balance in the local self-government budget
8. Individual debt ratio (IDR) in local self-government units
- IDR template
- debt limits in local self-government units
- IDR functions,
- IDR features,
- consequences of exceeding the IDR
9. Public-private partnership
- theoretical foundations of public-private partnership
- legal basis for public-private partnership
- public-private partnership requirements
- public-private partnership agreement
- implementation of public-private partnership
10. Social security system
- types and amount of pension
- employee capital plans and pension programs
- individual retirement accounts and retirement security
Practicals
1. Draft participatory budget
- requirements for creating a participatory budget
- presentation of the civic budget
2. Project of the financial situation of a selected local self-government unit
- analysis of the financial situation, including the operating surplus
- debt analysis
- IDR analysis
3. Draft public-private partnership agreement
- rules for concluding a public-private partnership
- presentation of the public-private partnership agreement
4. Draft EU payment settlement scheme
- rules for settling payments with the EU
- presentation of the EU payment settlement scheme
Type of course
Mode
Learning outcomes
Student after completing the course:
In terms of knowledge:
K_W01 Knows and understands in-depth research methodology and terminology in the field of public finance institutions
K_W02 Knows and understands in-depth the principles, procedures and practices relating to public finance institutions
K_W03 Knows and understands in-depth theories and economic models regarding public finance institutions.
K_W04 Knows and understands in-depth legal regulations regarding public finance institutions
K_W05 Knows and understands complex technological, social, political, legal, economic and ecological processes and phenomena and their impact on public finance institutions.
In terms of skills:
K_U01 Is able to use the theory of the discipline of management and quality science and complementary sciences (economics and finance, legal sciences) to recognize, diagnose and solve problems related to public finance institutions, using the appropriate selection of sources and adapting existing or developing new methods.
K_U02 Is able to correctly interpret complex technological, social, political, legal, economic and ecological processes and phenomena and their impact on public finance institutions, using the appropriate selection of sources.
K_U03 Is able to independently and collectively prepare analyses, diagnoses and reports on complex and unusual problems related to public finance institutions and present them communicatively, also in English - using IT and communication tools.
In terms of attitudes:
K-K01 Is ready to assess and critically approach complex situations and phenomena related to public finance institutions
K_K03 Is ready to comply with and develop professional ethical standards related to public finance institutions.
Assessment criteria
Lecture
Written exam in the form of a multiple-choice test.
People who have passed the exercises can take the exam
Marking criteria:
You can get 25 points in the test. Negative and half-points are not used when grading the exam.
Rating scale:
• up to 9 points - grade 2.0
• 10-12 points - grade 3.0
• 13-14 points - grade 3.5
• 15-17 points - grade 4.0
• 18-19 points - grade 4.5
• 20-25 points – grade 5.0
Practicals
Scoring of prepared and presented projects
Marking criteria:
Rating scale:
• up to 49% of points - grade 2.0
• 50%-59% points - grade 3.0
• 60%-69% points - grade 3.5
• 70%-79% points - grade 4.0
• 80%-89% points - grade 4.5
• from 90% of points – grade 5.0
Bibliography
Basic literature
Materials for listeners prepared by the lecturer.
Finanse publiczne Komentarz pod red. J. Salachna, M. Tyniewiecki, Wolters Kluwer, Warszawa 2024
Współczesne finanse publiczne pod red. A. Alińska, B. Woźniak, Difin, Warszawa 2020
Ustawa z dnia 27 sierpnia 2009 r. o finansach publicznych
Ustawa z dnia 19 grudnia 2008 r. o partnerstwie publiczno-prywatnym
Additional literature
A. Misiejko, Budżet obywatelski w praktyce samorządów, Wolters Kluwer, Warszawa 2020
D. Michalak, A. Fitas, Partnerstwo publiczno-prywatne Wybrane zagadnienia praktyczne, Wolters Kluwer, Warszawa 2017