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Applied economic policy

Type of study Follow-up Master
Language of instruction Czech
Code 114-0381/01
Abbreviation AHP
Course title Applied economic policy
Credits 4
Coordinating department Department of Economics
Course coordinator prof. Ing. Jaromír Gottvald, CSc.

Subject syllabus

1. Introduction to economic policy - establishment, institutions, goals, tools
2. Theoretical approaches to economic policy
3. Keynesian economic policy - characteristics, its practical realization mainly in Great Britain, continental Europe and USA.
4. Monetarism and supply side theory - characteristics, their practical implementation on the example of Great Britain and the USA
5. Indicative planning and welfare states - characteristics, practical application on example of France, Japan and Scandinavian countries
6. Centrally planned economies - characteristics, practical application in the world
7. Economic policy of China, Russia and Eastern Europe from the end of the 20th century to the present - transformation of economies and economic policies
8. Economic policy of China, Russia and Eastern Europe from the end of the 20th century to the present - transformation of economies and economic policies - continuation
9. Economic policy of developing countries: India, Africa, Near and Middle East
10. Economic policy of South American countries, frequent alternation of left-wing and right-wing economic policies and their impact on the economy of the countries
11. New economic policy directions applied in developed countries by the end of the 20th century to the economic crisis in 2008
12. New economic policy directions applied in developed countries towards the end of the 20th century until the economic crisis of 2008 - continued
13. Current economic policy in the world after the economic crisis of 2008 - changes in the economic policy of the EU (the Czech Republic) and the USA
14. Current economic policy in the world after the economic crisis of 2008 - changes in economic policy of China and India; changes in the global solution of developing countries' economic policies

Literature

ARDALAN, Kavous. Global political economy: a multi-paradigmatic approach. Cham, Switzerland: Springer, 2019. 196 p. ISBN 978-3-030-10376-7.
BAYLIS, John, Steve SMITH a Patricia OWENS. The globalization of world politics: an introduction to international relations. Eight edition. Oxford: Oxford University Press, 2020. 617 p. ISBN 978-0-19-882554-8.
KRUGMAN, Paul R., Maurice OBSTFELD and Marc J. MELITZ. International Economics, Theory and Policy. Harlow: Pearson, 2015. 736 p. ISBN: 13 978-1-292-01955-0.

Advised literature

MELLER, Patricio. The Latin American Development Debate: Neostructuralism, Neomonetarism, and Adjustment Processes. New York: Routledge, 2019. 220 p. ISBN 9780429312205 .
NAYYAR, Deepak. Catch Up: Developing Countries in the World Economy. Oxford: Oxford University Press, 2016. 176 p. ISBN 9780191761263 .
SACHS, Jeffrey D. The Ages of Globalization: Geography, Technology, and Institutions. New York: Columbia University Press, 2020. 280 p. ISBN 978-0-231-55048-2 .