Local finance

Teachers

Included in study programs

Teaching results

The student is able to understand the fundamentals of local finance, the theoretical and practical aspects of local government expenditures and revenues, and the main issues of local governance. He/she can use this knowledge in the professional carrier in public administration, public management, tax advising, or as a member of local government council, NGOs etc.
The student will be able to:
1. Knowledge and understanding
• understand the basic principles of the functioning of self-government units in the system of public administration
• identify the degree of decentralization applied in the country
• assess the appropriateness of setting up the financial system of local governments
• demonstrate the ability to administer local taxes and fees, as well as other relevant processes in the area of local government
2. Practical skills:
• the ability to perform an analysis of the local government budget
• the ability to calculate the amount of local taxes and fees
• the ability to assess the effectiveness of local government expenditures
3. Competences:
• the ability to apply the acquired knowledge and skills in solving problematic tasks in the field of territorial self-government and to adopt effective and efficient solutions in the field of local public policy

Support literature

• Kitchen, H., McMillan, M., Shah, A.: Local Public Finance and Economics An International Perspective, Palgrave McMillan, 2019
• UN-HABITAT: Guide to municipal finance, Nairobi, 2009
• Gruber, J.: Public Finance and Public Policy, 5th Ed., New York: Worth Publishers, 2016
• Rosen, S. R., Gayer, T.: Public Finance, 9th Ed., McGraw Hill, 2010
• OECD statistics

Requirements to complete the course

20 % seminar tests,
10 % seminar project,
10 % active participation,
60 % written final exam

Student workload

156 hours
• participation on the lectures 26 hours,
• participation on the seminars 26 hours,
• preparing for seminars 13 hours,
• seminar project elaboration 13 hours,
• preparing for the seminar tests 26 hours,
• preparing for the final exam 52 hours)

Language whose command is required to complete the course

slovak

Date of approval: 11.03.2024

Date of the latest change: 26.01.2022