Course detail

Public Structural Investments

FAST-TV04Acad. year: 2023/2024

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.

Language of instruction

Czech

Number of ECTS credits

Mode of study

Not applicable.

Guarantor

doc. Ing. Vít Hromádka, Ph.D.

Department

Institute of Structural Economics and Management (EKR)

Entry knowledge

Knowledge of business plan processing in private sector.

Rules for evaluation and completion of the course

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

Aims

Goal of this subject is to give enough information for independent work on feasibility study for project financed by public sources.
Knowledge about creation of feasibility study and eCBA public structure project.

Study aids

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

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)
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)

Recommended reading

JACSON, Peter McLeod a BROWN, Charles Victor: Ekonomie veřejného sektoru. Praha: EUROLEX BOHEMIA – edice ekonomie, 2008. ISBN 80-86432-09-2. (CS)

Classification of course in study plans

  • Programme N-P-C-A Master's

    branch ARS , 2 year of study, winter semester, compulsory
    branch ARS , 2 year of study, winter semester, compulsory

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

doc. Ing. Vít Hromádka, Ph.D.

Syllabus

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)

Exercise

26 hod., compulsory

Teacher / Lecturer

doc. Ing. Vít Hromádka, 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.