You are currently viewing the whole syllabus; go back to default view.
The speed of loading and viewing the syllabus may be slower when showing a large amount of content.
workflow
lesston 1: State X Market failures
Market failures:
Monopoly
Externalities
Information assymetry
Log rolling
Byrocracy
Time lags in policies
Policy analysis shortcomings
Political blocks of needed change
Tarriffs, quotas, subsidies and so on
(public choice theory)
lesson 2: Where does the government get "their" money?
Public goods→ publicly financed →
Public Finance functions:
1.
alocation
(production factors: labour + capital + land)
2.
redistribution
(taxation + transfers)
3. stabilization (business cycle/individual or family← social security)
Public fiance = projecting or materializing political ideas → CZ gov. has 30 % of GDP in
expenses ← 80 % tax (peoples work) 10% other 10 % debt
Political cycle (4 years)
1: deal, coalition..preparation
2: change happens (unpopular)
3: unpop not anymore
4: ↑benefits +
What is the main motivation of a politician?
lesson 3 Information autocracy introduction↓