156-0501/04 – Economic Policy A (HP A)

Gurantor departmentDepartment of Applied EconomicsCredits5
Subject guarantordoc. Ing. Jiří Balcar, Ph.D., MBASubject version guarantordoc. Ing. Jiří Balcar, Ph.D., MBA
Study levelundergraduate or graduateRequirementCompulsory
Year2Semesterwinter
Study languageEnglish
Year of introduction2015/2016Year of cancellation2020/2021
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
BAL112 doc. Ing. Jiří Balcar, Ph.D., MBA
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 2+2

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:

Rudiger Dornbusch, Stanley Fischer: 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.

Recommended literature:

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.

Way of continuous check of knowledge in the course of semester

E-learning

Other requirements

No additional requirements.

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: 2015/2016 Winter semester, validity until: 2020/2021 Summer semester)
Task nameType of taskMax. number of points
(act. for subtasks)		Min. number of pointsMax. počet pokusů
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 35  18
        Examination Examination 65  33 3
Mandatory attendence participation:

Show history

Conditions for subject completion and attendance at the exercises within ISP:

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Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2019/2020 (B6202) Economic Policy and Administration (6202R010) Finance P English Ostrava 2 Compulsory study plan
2019/2020 (B6202) Economic Policy and Administration (6202R027) National Economy P Czech Ostrava 2 Choice-compulsory study plan
2018/2019 (B6202) Economic Policy and Administration (6202R027) National Economy P Czech Ostrava 2 Choice-compulsory study plan
2018/2019 (B6202) Economic Policy and Administration (6202R010) Finance P English Ostrava 2 Compulsory study plan
2017/2018 (B6202) Economic Policy and Administration (6202R027) National Economy P Czech Ostrava 2 Choice-compulsory study plan
2017/2018 (B6202) Economic Policy and Administration (6202R010) Finance P English Ostrava 2 Compulsory study plan
2016/2017 (B6202) Economic Policy and Administration (6202R010) Finance P English Ostrava 2 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner

Assessment of instruction



2016/2017 Winter