Public Finance
The aim:
1. Students will have developed a good understanding of the literature on public finances, taxes, financial market and law, building on the knowledge of the case-law acquired in the course on public finances nad taxes.
2. Students will be able to apply this understanding to solve complex issues in the field of EU Internal Market Law, undertake self-study and form their own judgments, and convey a complex argumentation to colleagues, with a view to practice in the field and to undertaking systematic further research.
Acquired knowledge:
1. Student has basic knowledge of the branches of law belonging to public law and private law, the nature of public and private law and the relationship between law and the science of administration and economics.
2. Student has basic knowledge of management, organizational and accounting services for organizations.
3. Student has basic knowledge of legal institutions functioning in EU law and international law and in the area of public law and private law, as well as at the intersection of law.
4. Student understands the basic problems of global and regional economics, knows the basic principles of competitiveness of economies, functioning of financial and capital markets and knows the views on this subject.
5. Student has basic knowledge of the structures and functioning of modern public and private organizations, the regularities governing them, and about their sources, nature, methods of operation and ongoing changes.
6. Student knows the principles of cooperation between business and non-governmental organizations with public administration bodies on a national, regional and international scale.
7. Student knows the principles of solving legal problems, including amicable methods of resolving disputes and the principles of cooperation and mutual assistance at the national, regional and international levels.
8. Student has knowledge of the global conditions of the legal order and knows the legal and economic relations governing sustainable development.
9. Student knows the principles and forms of responsibility in the public and private sectors.
10. Student knows the legal and economic relations governing business activity.
Acquired skills:
1. Student solves practical problems using basic theoretical knowledge in the field of legal sciences and obtains data to analyze legal and economic processes.
2. Student is able to analyze the causes and course and forecasts legal and economic processes using standard methods and tools.
3. Student knows the tasks of an independent employee operating in the public and private sectors, demonstrates the ability to work in an international and multicultural environment.
4. Student correctly uses legal, professional and ethical rules and standards in order to carry out individual tasks and work in a team, using theoretical knowledge and using various sources.
5. Student uses acquired knowledge from various sources to analyze specific problems and proposes appropriate solutions in this regard, is able to communicate with specialists in the field of law.
6. Student is able to create business projects, create and develop individual forms of entrepreneurship, using theoretical knowledge and using various sources.
7. Student speaks at least one foreign language, including a specialized language.
Acquired social skills:
1. Student understands the need for lifelong learning and is able to supplement and improve acquired knowledge and skills.
2. Student is prepared to function actively and professionally in public and private organizations, demonstrates understanding of the possibilities of performing various roles in them, is prepared to implement individual forms of entrepreneurship.
3. Student is open to establishing social, legal and economic relationships on the national and international level, communicates clearly and precisely with professional and non-professional environments.
4. Student anticipates the legal, economic and moral consequences of his actions and understands the need to be responsible for them.
Course contents:
1. Concept and Functions of Public Finance. The Public Sector. Characteristics of the Basic Sources of Public Finance.
2. Budget as the State’s Financial Plan. Budget Principles.
3. Public Incomes and Expenditures. Concept and Functions of Tax System.
4. Sources of tax law. Kind of taxes.
5. Taxation of income.
6. Taxation of consumption.
7. Taxation of wealth.
Recommended reading:
1. European Union Public Finance, 4th ed, European Commission, Official Publications of the European Communities, 2008,, . 2008.
2. European Union Budget Reform. Institutions, Policy and Economic Crisis, . Benedetto, S. Milio (ed.), Palgrave MacMillan, 2012, . 2012.
3. European Tax Law, 6th ed, B. J. M. Terra, P. J. Watter, Wolters Kluwer. 2012.
4. Financial Law, , J. Gliniecka red., . Gdańsk 2016.