| Course Unit Code | 156-0359/02 |
|---|
| Number of ECTS Credits Allocated | 5 ECTS credits |
|---|
| Type of Course Unit * | Compulsory |
|---|
| Level of Course Unit * | First Cycle |
|---|
| Year of Study * | Second Year |
|---|
| Semester when the Course Unit is delivered | Summer Semester |
|---|
| Mode of Delivery | Face-to-face |
|---|
| Language of Instruction | Czech |
|---|
| Prerequisites and Co-Requisites | Course succeeds to compulsory courses of previous semester |
|---|
| Name of Lecturer(s) | Personal ID | Name |
|---|
| GOT40 | prof. Ing. Jaromír Gottvald, CSc. |
| BAL112 | doc. Ing. Jiří Balcar, Ph.D., MBA |
| Summary |
|---|
| In the course the students will understand the nature of economic policy, get acquainted with its chosen types and relations between them, will realize the influence of economic policy on the microeconomic sphere (companies, households), will acquire basic skills to evaluate current economic policy, its main problems and impacts of partial changes in economic policy. |
| Learning Outcomes of the Course Unit |
|---|
• understand the nature of economic policy
• familiarize with its types, objectives and tools
• assess the suitability of current economic policy
• estimate the impact of economic policy measures |
| Course Contents |
|---|
• Market and government failures, changing views on the role of the state in the economy from the point of view of individual economic schools
• Economic policy, influence of institutions and expectations on its form and effectiveness
• Growth policy, stabilization policy
• Fiscal policy
• Monetary policy
• Foreign-trade policy
• Competition policy
• Structural policy
• Regional policy
• Employment Policy
• Redistribution policy
• Social policy
• Environmental policy
• Economic policy in selected countries (USA, Great Britain, Sweden, Japan, Czech Republic) |
| Recommended or Required Reading |
|---|
| Required Reading: |
|---|
Bénassy-Quéré, A., Coeuré, B, Jacquet, P., Pisani-Ferry, J. (2010). Economic Policy: Theory and Practice. New York, Oxford University Press. ISBN 978-0-19-532273-6.
McConnel, C. R., Stanley, L. B., Flynn, S. M. (2015) Economics: Principles, Problems, and Policies. McGraw-Hill 20th ed. ISBN 0078021758. |
Kliková, Ch., Kotlán, I. (2012). Hospodářská politika. 3. vyd. Ostrava: SOKRATES. ISBN 978--80-86572.
Beneš, J., Kvizda, M., Slaný A. (2003). Makroekonomická analýza a hospodářská politika. Praha: C. H. Beck. ISBN 80-7179-738-3.
Slaný, A., Žák, M. (1999). Hospodářská politika. 1. vyd., Praha: C. H. Beck. ISBN 80-7179-237-3. |
| Recommended Reading: |
|---|
Mankiw, G. N. (2014). Principles of Economics. 7th ed., Cengage Learning. ISBN 128516587X.
Dornbusch, R., Fischer, S., Startz, R. (2017). Macroeconomics. 13th ed., New York: McGraw-Hill. ISBN 0077660773. |
Tomeš, Z. (2008). Hospodářská politika 1900-2007. Praha: C. H. Beck. ISBN: 978-80-7400-002-7.
Šaroch, S. et al. (2002). Vybrané kapitoly z hospodářské politiky. Praha: VŠE. ISBN 80-245-0297-6.
Bénassy-Quéré, A., Coeuré, B, Jacquet, P., Pisani-Ferry, J. (2010). Economic Policy: Theory and Practice. New York, Oxford University Press. ISBN 978-0-19-532273-6. |
| Planned learning activities and teaching methods |
|---|
| Lectures, Tutorials |
| Assesment methods and criteria |
|---|
| Task Title | Task Type | Maximum Number of Points
(Act. for Subtasks) | Minimum Number of Points for Task Passing |
|---|
| Examination | Examination | 100 | 51 |