114-3011/02 – Economics II. (EKO II.)

Gurantor departmentDepartment of EconomicsCredits7
Subject guarantorIng. Tomáš Wroblowský, Ph.D.Subject version guarantorIng. Tomáš Wroblowský, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Year1Semesterwinter
Study languageCzech
Year of introduction2014/2015Year of cancellation
Intended for the facultiesFMTIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
JAN27 Ing. Hana Janáčková, Ph.D.
LOK02 Ing. Aleš Lokaj, Ph.D.
WRO25 Ing. Tomáš Wroblowský, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Combined Examination 12+0

Subject aims expressed by acquired skills and competences

Student is able to analyze basic economic categories. Can explain the causes and consequences of the behavior of consumers, businesses, governments and central banks as the operation of sub-market products, money and production factors. Studnet has overview of the working mechanism of the national economy in the context of the global economy and is able to separate economic thinking.

Teaching methods

Lectures
Tutorials

Summary

The course represents upgrading of economic theory studies for students of economic branch at the Faculty of metallurgy and material enineering. The main emphasis is laid on the behaviour of consumers, households, firms and government and on the understanding of mutual relationships among macroeconomic variables. Attention is also paid to the labour market and capital market. Also economic policy practised by governments and central banks has a very important role in the course.

Compulsory literature:

HEYNE, Paul, Peter J. BOETTKE a David L. PRYCHITKO. The Economic Way of Thinking. 12th edition. Prentice Hall, 2009. ISBN 978-0136039853. Samuelson P. A., Nordhaus W. D.: Economics. New York. McGraw-Hill 2005

Recommended literature:

MANKIW, N. Gregory. Principles of Microeconomics. 6th edition. South-Western, Cengage Learning, 2011. ISBN 9780538453042. Mankiw N. G.: Macroeconomics. New York. Worth Publishers 2003

Way of continuous check of knowledge in the course of semester

E-learning

Další požadavky na studenta

Written exam - minimum 51 points, maximum 100 points.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Market mechanism. Money. 2. Theory of utility 3. Theory of demand 4. Theory of firm 5. Perfect competition 6. Imperfect competition 7. Labour market 8. Capital market 9. Natural resources market 10. Market failures 11. Division of income 12. Macroeconomic aggregates 13. Keynesian model with multiplier 14. Aggregate supply and demand 15. Money and inflation 16. Theory of unemployment 17. Monetary and fiscal policy 18. Macroeconomic goals, public choice theory 19. Economic growth and business cycles 20. Exchange rates and balance of payments 21. Theory of international trade

Conditions for subject completion

Combined form (validity from: 2014/2015 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Examination Examination 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 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry K Czech Ostrava 1 Compulsory study plan
2018/2019 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry K Czech Ostrava 1 Compulsory study plan
2017/2018 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry K Czech Ostrava 1 Compulsory study plan
2016/2017 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry K Czech Ostrava 1 Compulsory study plan
2015/2016 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry K Czech Ostrava 1 Compulsory study plan
2014/2015 (N3922) Economics and Management of Industrial Systems (6208T123) Economics and Management in Industry K Czech Ostrava 1 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner