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Economic Policy of the Czech Republic

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

Course Unit Code156-0314/06
Number of ECTS Credits Allocated5 ECTS credits
Type of Course Unit *Choice-compulsory
Level of Course Unit *Second Cycle
Year of Study *Second Year
Semester when the Course Unit is deliveredWinter Semester
Mode of DeliveryFace-to-face
Language of InstructionCzech
Prerequisites and Co-Requisites Course succeeds to compulsory courses of previous semester
Name of Lecturer(s)Personal IDName
GOT40prof. Ing. Jaromír Gottvald, CSc.
STE27Ing. Martin Štěpánek, Ph.D.
FIL03Ing. Lenka Johnson Filipová, Ph.D.
PYT005doc. Ing. Mariola Pytliková, Ph.D.
ADA364Ing. Emil Adámek, Ph.D.
SUL0018Ing. Jan Šulák, Ph.D.
Summary
The course is focused on problems concerning the Czech economy and the economic policy of the Czech Republic. Course students are familiarized with the economic policy of central planned economies and the process of transformation with respect to privatization. Attention is paid to role of institutions in transformation process. This part is followed by lectures concerning fiscal, monetary policy and external economic policy and its evolution from 1993. Current issues of Czech economy are discussed in final units of the course. Emphasis is placed on public finance reform, healthcare reform, pension system reform.
Learning Outcomes of the Course Unit
- to define differences between central planed and market economy
- to describe basic transformation steps
- to clarify main principles of economic policy in 90's
- to analyze main problems of Czech economic
- to analyze possible impacts of particular economic reforms
Course Contents
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Recommended or Required Reading
Required Reading:
BAILEY, S. J. Strategic public finance. Basingstoke: Palgrave Macmillan, 2004. ISBN 0-333-92221-2.

KLAUS, Václav. Dismantling socialism: a preliminary report: ( road to market economy II ) = Demontáž socialismu: předběžná zpráva: (cesta k tržní ekonomice II). Praha: TOP Agency, 1992. ISBN 80-900626-6-0.

KLAUS, Václav. Rebirth of a country: five years after: collection of speeches of the Prime Minister of the Czech Republic. Praha: Ringier, 1994. ISBN 80-85603-79-9.

Handouts and PowerPoint presentations
HOLMAN, Robert. Transformace české ekonomiky: v komparaci s dalšími zeměmi střední Evropy. Vyd. 1. Praha: Centrum pro ekonomiku a politiku, 2000. Ekonomika, právo, politika. ISBN 80-902795-6-2.

SPĚVÁČEK, Vojtěch a kol. Transformace české ekonomiky: politické, ekonomické a sociální aspekty. Praha: Linde, 2002. ISBN 80-86131-32-7.

JONÁŠ, Jiří. Ekonomická transformace v České republice: makroekonomický vývoj a hospodářská politika. Vyd. 1. Praha: Management Press, 1997. ISBN 80-85943-22-0.
Recommended Reading:
ÅSLUND, Anders. How capitalism was built: the transformation of Central and Eastern Europe, Russia, and Central Asia. Cambridge: Cambridge University Press, 2007. ISBN 978-0-521-68382-1.
ÅSLUND, Anders. How capitalism was built: the transformation of Central and Eastern Europe, Russia, and Central Asia. Cambridge: Cambridge University Press, 2007. ISBN 978-0-521-68382-1.
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
CreditCredit100 (100)51
        Zápočtová písemkaWritten test55 28
        Projekt (prezentace+seminární práce)Project45 25