The Cost analysis of the modern way of Punishing

The main objective of this diploma thesis is to compare the cost effectiveness of an imprisonment and a fine. Firstly, the thesis explores the theoretical view of economics, economic calculation, and the view of criminology and penology. Further, the thesis quantifies costs of the most important factors: the cost of realization of punishment, the cost of limitation of economic activity of individuals, the cost of change of health, and a cost of effect on prevention and protection. Lastly, the thesis gives suggestion on convinience of various types of punishment for different types of offences