156-0501/02 – Economic Policy A (HP A)

Gurantor departmentDepartment of National EconomyCredits5
Subject guarantordoc. Ing. Jiří Balcar, Ph.D.Subject version guarantordoc. Ing. Jiří Balcar, Ph.D.
Study levelundergraduate or graduate
Study languageEnglish
Year of introduction2012/2013Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
BAL112 doc. Ing. Jiří Balcar, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 2+0

Subject aims expressed by acquired skills and competences

• Understanding of elementary principles, possibilities and limits of economic policy • Familiarizing with selected types of economic policies and their practical application • Awakening of an influence of economic policy on microeconomic subjects and vice versa • Identification of main macroeconomic problems and suggestion of their solution • Evaluation of current economic policy and forecasting of impact of changes in economic policy

Teaching methods

Individual consultations

Summary

Economic policy represents endeavour of a state to maximize economic/social welfare. It comprehends using of different tools in order to reach often contradictory aims under the conditions of uncertainty, unequal distribution of sources, interest groups etc. Is it possible to succeed? What have to be taken into account? How to evaluate suggested measures or current situation? The course Economic Policy A sheds light on these (and many other) topics and leads to better understanding of real processes in the economy, principles of economic policy and its potential for improving people's lives.

Compulsory literature:

DORNBUSH, Rudiger and FISCHER, Stanley: Makroeconomics.McGraw-Hill 4th ed. ISBN 0-07-100186-7. McCONNEL, Campbell R. and BRUE, Stanley L. Economics. Principles, Problems, and Policies. McGraw-Hill 15th ed. ISBN-0-07-234036-3. MISHKIN, Frederic S. The Economics of Money, Banking and Financial Markets. 7th ed. USA: The Addison-Wesley, 2004. ISBN 0-321-12235-6 MANKIW, N. Gregory. Macroeconomics. 5th ed. New York: R. R: Donnelley & Sons, 2003. ISBN 0-7167-5237-9. BENASSY-QUÉRÉ, Agnes and COURÉ, Benoit and JACQUET, Pierre and PISANI-FERRY, Jean. Economic Policy. Theory and Practice. New York: OXFORD University Press, 2010. ISBN 978-0-19-532273-6. BALDWIN, Richard and WYPLOSZ, Charles. The Economics of European Integration. 3th ed. London: McGraw-Hill Higher Education, 2009. ISBN 13-978-0-07-712163-1. SHULTZ, P. Gerge and KENNETH, W. Dam. Economic Policy Beyond the Headlines. 2th ed. USA: The University of Chicago Press, 1998. ISBN 978-0-226-75599-1. BAUMOL, J. Wiliam and BLINDER, S. Alan. Economic Principles and Policy. 12th ed. Canada: Cengage Learning, 2012. ISBN 978-0-538-45369-1.

Recommended literature:

MULHEARN, Chris and HOWARD, R. Vane. The Euro. Its Origins, Development and Prospects. Great Britain: MPG Books Ltd, Bodmin, Cornwall, 2008. ISBN 978-1-84720-051-8.

Way of continuous check of knowledge in the course of semester

E-learning

Další požadavky na studenta

Students have to write project on an assigned topic.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

• Market and government failure • Role of state in economy (historical overview) • Economic policy • Growth policy • Stabilization policy • Fiscal policy • Monetary policy • Foreign trade policy • Economic policy of EU • Economic policy of different countries • Other types of economic policy

Conditions for subject completion

Full-time form (validity from: 2014/2015 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Exercises evaluation and Examination Credit and Examination 100 (100) 51
        Exercises evaluation Credit 30  18
        Examination Examination 70  30
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.FormStudy language Tut. centreYearWSType of duty

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner
Incoming students - bachelor study 2019/2020 Full-time English Choice-compulsory 163 - International Office stu. block
Incoming students - bachelor study 2018/2019 Full-time English Choice-compulsory 163 - International Office stu. block
Incoming Students 2017/2018 Full-time English Choice-compulsory 163 - International Office stu. block
Incoming Students 2016/2017 Full-time English Choice-compulsory 163 - International Office stu. block
Incoming Students 2015/2016 Full-time English Choice-compulsory 163 - International Office stu. block
Incoming Students 2014/2015 Full-time Czech Choice-compulsory 163 - International Office stu. block
Incoming students 2013/2014 Full-time Czech Choice-compulsory 163 - International Office stu. block
Incoming Students 2012/2013 Full-time Czech Choice-compulsory 163 - International Office stu. block