114-0581/01 – Applied economic policy (AHP)

Gurantor departmentDepartment of EconomicsCredits4
Subject guarantorprof. Ing. Jaromír Gottvald, CSc.Subject version guarantorprof. Ing. Jaromír Gottvald, CSc.
Study levelundergraduate or graduateRequirementCompulsory
Year2Semesterwinter
Study languageEnglish
Year of introduction2020/2021Year of cancellation
Intended for the facultiesEKFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
GOT40 prof. Ing. Jaromír Gottvald, CSc.
FIL03 Ing. Lenka Johnson Filipová, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 2+1

Subject aims expressed by acquired skills and competences

The subject focuses on applications of theories of economic policy. Following an initial review of theoretical approaches to economic policy, the course assesses individual country cases. Besides the traditional concepts of economic policy, one will cover issues arising from recent developments, including experiences of industrial countries and policy measures implemented in response to the 2008 economic crisis.

Teaching methods

Lectures
Tutorials

Summary

The subject focuses on applications of theories of economic policy. Following an initial review of theoretical approaches to economic policy, the course assesses individual country cases. Besides the traditional concepts of economic policy, one will cover issues arising from recent developments, including experiences of industrial countries and policy measures implemented in response to the 2008 economic crisis.

Compulsory literature:

ARDALAN, Kavous. Global political economy: a multi-paradigmatic approach. Cham, Switzerland: Springer, 2019. 196 p. ISBN 978-3-030-10376-7. BAYLIS, John, Steve SMITH a Patricia OWENS. The globalization of world politics: an introduction to international relations. Eight edition. Oxford: Oxford University Press, 2020. 617 p. ISBN 978-0-19-882554-8. KRUGMAN, Paul R., Maurice OBSTFELD and Marc J. MELITZ. International Economics, Theory and Policy. Harlow: Pearson, 2015. 736 p. ISBN: 13 978-1-292-01955-0.

Recommended literature:

MELLER, Patricio. The Latin American Development Debate: Neostructuralism, Neomonetarism, and Adjustment Processes. New York: Routledge, 2019. 220 p. ISBN 9780429312205. NAYYAR, Deepak. Catch Up: Developing Countries in the World Economy. Oxford: Oxford University Press, 2016. 176 p. ISBN 9780191761263. SACHS, Jeffrey D. The Ages of Globalization: Geography, Technology, and Institutions. New York: Columbia University Press, 2020. 280 p. ISBN 978-0-231-55048-2.

Way of continuous check of knowledge in the course of semester

Seminars: seminal work Examination: oral exam The same conditions apply to students with ISP.

E-learning

Other requirements

There are no more student requirements.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Introduction to economic policy - establishment, institutions, goals, tools 2. Theoretical approaches to economic policy 3. Keynesian economic policy - characteristics, its practical realization mainly in Great Britain, continental Europe and USA. 4. Monetarism and supply side theory - characteristics, their practical implementation on the example of Great Britain and the USA 5. Indicative planning and welfare states - characteristics, practical application on example of France, Japan and Scandinavian countries 6. Centrally planned economies - characteristics, practical application in the world 7. Economic policy of China, Russia and Eastern Europe from the end of the 20th century to the present - transformation of economies and economic policies 8. Economic policy of China, Russia and Eastern Europe from the end of the 20th century to the present - transformation of economies and economic policies - continuation 9. Economic policy of developing countries: India, Africa, Near and Middle East 10. Economic policy of South American countries, frequent alternation of left-wing and right-wing economic policies and their impact on the economy of the countries 11. New economic policy directions applied in developed countries by the end of the 20th century to the economic crisis in 2008 12. New economic policy directions applied in developed countries towards the end of the 20th century until the economic crisis of 2008 - continued 13. Current economic policy in the world after the economic crisis of 2008 - changes in the economic policy of the EU (the Czech Republic) and the USA 14. Current economic policy in the world after the economic crisis of 2008 - changes in economic policy of China and India; changes in the global solution of developing countries' economic policies

Conditions for subject completion

Full-time form (validity from: 2020/2021 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of pointsMax. počet pokusů
Credit and Examination Credit and Examination 100  51
        Credit Credit  
        Examination Examination   3
Mandatory attendence participation: Attendance at lectures and seminars is not mandatory.

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Conditions for subject completion and attendance at the exercises within ISP: The same conditions apply to students with ISP.

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Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2024/2025 (N0311A050012) Applied economics (S01) International Economic Relations P Czech Ostrava 1 Choice-compulsory type B study plan
2024/2025 (N0311A050012) Applied economics (S02) Economic Development APE P Czech Ostrava 2 Compulsory study plan
2024/2025 (N0412A050005) Finance P English Ostrava 2 Choice-compulsory type B study plan
2024/2025 (N0311A050013) Applied Economics (S02) International Economic Relations P English Ostrava 1 Choice-compulsory type B study plan
2024/2025 (N0311A050013) Applied Economics (S01) Economic Development AE P English Ostrava 2 Compulsory study plan
2023/2024 (N0311A050012) Applied economics (S02) Economic Development APE P Czech Ostrava 2 Compulsory study plan
2023/2024 (N0311A050012) Applied economics (S01) International Economic Relations P Czech Ostrava 1 Choice-compulsory type B study plan
2023/2024 (N0412A050005) Finance P English Ostrava 2 Choice-compulsory type B study plan
2023/2024 (N0311A050013) Applied Economics (S02) International Economic Relations P English Ostrava 1 Choice-compulsory type B study plan
2023/2024 (N0311A050013) Applied Economics (S01) Economic Development AE P English Ostrava 2 Compulsory study plan
2022/2023 (N0311A050012) Applied economics (S02) Economic Development APE P Czech Ostrava 2 Compulsory study plan
2022/2023 (N0311A050013) Applied Economics (S01) Economic Development AE P English Ostrava 2 Compulsory study plan
2022/2023 (N0412A050005) Finance P English Ostrava 2 Choice-compulsory type B study plan
2021/2022 (N0311A050012) Applied economics (S02) Economic Development APE P Czech Ostrava 2 Compulsory study plan
2021/2022 (N0311A050013) Applied Economics (S01) Economic Development AE P English Ostrava 2 Compulsory study plan
2021/2022 (N0412A050005) Finance P English Ostrava 2 Choice-compulsory type B study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner

Assessment of instruction

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