114-0305/04 – World Economy (SE)

Gurantor departmentDepartment of EconomicsCredits4
Subject guarantorIng. Aleš Lokaj, Ph.D.Subject version guarantorIng. Aleš Lokaj, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Year2Semestersummer
Study languageCzech
Year of introduction2011/2012Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
GRE0018 Ing. Jiří Gregor, Ph.D.
JUR33 Ing. Martin Juroška, Ph.D.
LOK02 Ing. Aleš Lokaj, Ph.D.
MEL06 doc. Dr. Ing. Martin Melecký, Ph.D.
POL01 prof. RNDr. PhDr. Stanislav Polouček, CSc.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Graded credit 3+0

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:

STUTZ, P. Frederick a Barney WARF. The World Economy: Geography, Business, Development. 6th ed. Prentice Hall, 2011, 456 p. ISBN 978-0321722508.

Recommended literature:

KRUGMAN, Paul, Maurice Obstfeld a Marc MELITZ. International Economics. 9th ed. Prentice Hall, 2011, 736 p.

Way of continuous check of knowledge in the course of semester

E-learning

Další požadavky na studenta

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

Full-time form (validity from: 2011/2012 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Graded exercises evaluation Graded credit 100 (100) 51
        Písemný test Written test 100  51
Mandatory attendence parzicipation: not specified

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.FormStudy language Tut. centreYearWSType of duty
2019/2020 (B6202) Economic Policy and Administration (6202R027) National Economy P Czech Ostrava 2 Compulsory study plan
2019/2020 (B0413A050012) Economics and Management (S04) Economics and Law in Business P Czech Ostrava 2 Choice-compulsory type B study plan
2018/2019 (B6202) Economic Policy and Administration (6202R027) National Economy P Czech Ostrava 2 Compulsory study plan
2017/2018 (B6202) Economic Policy and Administration (6202R027) National Economy P Czech Ostrava 2 Compulsory study plan
2016/2017 (B6202) Economic Policy and Administration (6202R027) National Economy P Czech Ostrava 2 Compulsory study plan
2015/2016 (B6202) Economic Policy and Administration (6202R027) National Economy P Czech Ostrava 2 Compulsory study plan
2014/2015 (B6202) Economic Policy and Administration (6202R027) National Economy P Czech Ostrava 2 Compulsory study plan
2013/2014 (B6202) Economic Policy and Administration (6202R027) National Economy P Czech Ostrava 2 Compulsory study plan
2012/2013 (B6202) Economic Policy and Administration (6202R027) National Economy P Czech Ostrava 2 Compulsory study plan
2011/2012 (B6202) Economic Policy and Administration (6202R027) National Economy P Czech Ostrava 2 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner