The meaning of Public Economy - Financial Activity of State: Expenses, Revenues and Budget. Economic Activity of State: Characterization of Public Economic activity and the Enterprise activity of State - Public Revenues - Public Expenses - Public Budget - Financial Policy problems.

CILO-1: Students will be able to explain the key role of public financial policies in modern economics and the essential role of the Public Budget in the legal context. CILO-2: Students will be able to interpret public expenses and revenues. CILO-3: Students will be able to analyse general activity of state and its meaning in global modern economics.