114-0305/04 – World Economy (SE)
| Gurantor department | Department of Economics | Credits | 4 |
| Subject guarantor | Ing. Aleš Lokaj, Ph.D. | Subject version guarantor | Ing. Aleš Lokaj, Ph.D. |
| Study level | undergraduate or graduate | | |
| | Study language | Czech |
| Year of introduction | 2011/2012 | Year of cancellation | |
| Intended for the faculties | EKF | Intended for study types | Bachelor |
Subject aims expressed by acquired skills and competences
- Describe basic attributes of world economy
- Discuss comodity and energy sources of the world
- Explain elementary causes of international trade and its forms
- Classify the forms of international production factors movement
- Describe the system of international organisations
- Clarify globalisation and integration processes
Teaching methods
Lectures
Summary
Explanation of essential issues in the world economy and presentation of
selected theories of international economics.
Compulsory literature:
Recommended literature:
KRUGMAN, Paul, Maurice Obstfeld a Marc MELITZ. International Economics. 9th ed. Prentice Hall, 2011, 736 p.
Additional study materials
Way of continuous check of knowledge in the course of semester
V případě ISP je nutné absolvovat závěrečný test z předmětu.
E-learning
Other requirements
Study of recommended literature.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1. Introduction. Determination of conditions of the course. Analysis of the literature.
2. Description and delimitation of the world economy, its formation and historical development.
3. Basic theory of foreign trade - Mercantilism, the theory of absolute and comparative advantages, Heckscherův - Ohlin model and its modifications, alternative theories of foreign trade.
4. Foreign trade and trade policy. Liberalism vs. Protectionism. Trade policy instruments and basic division.
5. Role of nation states, transnational and international organizations in the world economy.
6th history and current distribution of "power" in the world economy. Focus on major world centers and new emerging centers - BRIC countries, BRIICS and NEXT-11th
7th globalization of the world economy. History and development of globalization. The three basic stages of globalization. Measurement of globalization.
8. Integration processes in the global economy. Distribution of integration processes. Basic stage makrointegrace. Significant integration groupings world.
9. The role of natural resources and energy in the world economy. Renewable and nonrenewable resources. Definition of the most important non-renewable resources and their role in the world economy.
10. Population factor in the global economy. Population and his race. Employment in the global economy. Migration.
11. Economic status of selected world protagonists - West. Defining basic world protagonists with a focus on the United States and Europe. Their history, economic status, current problems and threats. The economic status of selected world protagonists - Orient. Defining basic world protagonists, with a focus on China, India, Japan and the Middle East. Their history, economic status, current problems and threats.
12. Economic status of selected world protagonists - Africa. Defining basic world protagonists with a focus on sub-Saharan Africa and selected countries in the region. Their history, economic status, current problems and threats.,
13. Institutional part hospodářstvých international economic relations.
14. International organizations and the evolution of the international monetary system.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction