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ECTS Course Overview



Economic Policy

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

Course Unit Code156-0559/04
Number of ECTS Credits Allocated4 ECTS credits
Type of Course Unit *Choice-compulsory
Level of Course Unit *First Cycle
Year of Study *
Semester when the Course Unit is deliveredWinter Semester
Mode of DeliveryFace-to-face
Language of InstructionEnglish
Prerequisites and Co-Requisites Course succeeds to compulsory courses of previous semester
Name of Lecturer(s)Personal IDName
BAL112doc. Ing. Jiří Balcar, Ph.D.
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
Tasks are not Defined