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International Economics

* Exchange students do not have to consider this information when selecting suitable courses for an exchange stay.

Course Unit Code114-0314/05
Number of ECTS Credits Allocated4 ECTS credits
Type of Course Unit *Choice-compulsory
Level of Course Unit *Second Cycle
Year of Study *First Year
Semester when the Course Unit is deliveredWinter Semester
Mode of DeliveryFace-to-face
Language of InstructionCzech
Prerequisites and Co-Requisites There are no prerequisites or co-requisites for this course unit
Name of Lecturer(s)Personal IDName
LOK02Ing. Aleš Lokaj, Ph.D.
HOD063doc. Ing. Martin Hodula, Ph.D.
GRE0018Ing. Jiří Gregor, Ph.D.
Summary
Explanation of theories of international economics and its application on the
essential problems in world economy development.
Learning Outcomes of the Course Unit
- To analyze development trends of world economy in a theoretical form.
- To explain contemporary models of foreign trade.
- To formulate monetary models of international relations.
- To identify particularities of production factors' international movement.
- To evaluate processes of integration and differentiation in international relations.
Course Contents
1st Introduction to the study. Determination of conditions of course. analysis literature. Entering tasks.
2nd Methodological problems of the world economy. The world economy as theoretical problem. Development of views on the world economy.
3rd International comparisons of economic - quality problems. theory
comparison. International economic systems.
4th International comparisons of economic - quantitative problems. problem measurements. The system of economic accounts. The problem of transfer values.
5th The development of theories of international trade. The emergence of international trade theory. Development theories in the 19th century. Development theories in the 20th century.
6th The theory of free trade. A. Smith. D. Ricardo. J. S. Mill. G. Haberler.
Heckscher - Ohlin theory.
7th Protectionist theories of international trade. F. List. J. Carey.
Keynesian concept of protectionism. The theory of peripheral economies and new economic order.
8th The issue of exchange rates. The development of the international monetary system. types courses.
9th Theory of balance of payments. The balance of payments as an economic category. The structure of the balance of payments. Accounting for the balance of payments.
10th Compensatory processes in the balance of payments. Price compensatory processes. Foreign exchange balancing processes.
11th International movement of factors of production. International capital movements and workforce.
12th International economic institutions. Territorial economic organization.
World Bank, IMF, WTO.
13th Theory of integration processes. The concept of integration processes. types integration associations. Territorial integration.
14th International integration processes. EU, NAFTA, ASEAN, SELA.
Recommended or Required Reading
Required Reading:
KRUGMAN Paul R. a Maurice OBSTFELD. International economics: theory and policy. 10th ed. Boston: Pearson, 2014. 767 s. ISBN 978-129-201-9550.
1. CIHELKOVÁ, Eva a kol. Mezinárodní ekonomie II. Praha: C.H.Beck, 2008. ISBN 978-80-7400-054-6.2. Kindleberger, Ch. P.: Světová ekonomika. Praha, Academia 1978.
2. MAJEROVÁ, Ingrid a Pavel NEZVAL. Mezinárodní ekonomie v teorii a praxi. Brno: Computer Press, 2011. 357 s. ISBN 978-80-251-3421-4.3.
3. VARADZIN, František. Teorie světové ekonomiky. Ostrava: VŠB-TUO, 1997. 190 s. ISBN 80-7078-489-X.
Recommended Reading:
CARBAUGH, R. J. International Economics. 14th ed. South Western, Cengage Learning International Offices, 2013. 533 s. ISBN 978-1-285-06031-6
1. HODULÁK, Vladan a Oldřich KRPEC. Politická ekonomie mezinárodních vztahů. Brno: Masarykova univerzita, 2011. 360 s. ISBN 978-80-210-5481-3.
2. KUBIŠTA, V. Mezinárodní ekonomické vztahy. Plzeň: Vydavatelství a nakladatelství Aleš Čeněk, s.r.o., 2009. 384 s. ISBN 978-80-7380-191-5.
Planned learning activities and teaching methods
Lectures, Seminars
Assesment methods and criteria
Task TitleTask TypeMaximum Number of Points
(Act. for Subtasks)
Minimum Number of Points for Task Passing
Credit and ExaminationCredit and Examination100 (100)51
        CreditCredit30 18
        ExaminationExamination70 10