156-0540/01 – Professional Seminar (PS)

Gurantor departmentDepartment of Applied EconomicsCredits5
Subject guarantorprof. Ing. Jaromír Gottvald, CSc.Subject version guarantorprof. Ing. Jaromír Gottvald, CSc.
Study levelundergraduate or graduateRequirementCompulsory
Study languageEnglish
Year of introduction2017/2018Year of cancellation
Intended for the facultiesEKFIntended for study typesFollow-up Master
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit 0+4

Subject aims expressed by acquired skills and competences

- to summarise knowledge of studied subjects - to relate partícular professional approaches to decision processes in economic policy - to dramatise and point out important problems included in master state exam - to demonstrate theoretical knowledge based on practical samples

Teaching methods



Compulsory literature:

Literature according to recommendation of lecturer.

Recommended literature:

Literature according to recommendation of lecturer.

Way of continuous check of knowledge in the course of semester


Other requirements

Student has to prepare and present usually two state examination questions.


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

The issue of national economy: 1.Macroeconomic output and its measurement. 2.The definition of price levels and methods of measurement. . 3.The theory of consumption. 4.Theory of Investment. 5.Foreign direct investment. 6.The sectoral structure of the national economy of the CR, the changes in the 90 years, the current status and position in the global economy. 7.Systemic changes in the economy in transition and developing economies (the Washington Consensus, privatization and liberalization). 8.Internal and external balance. 9. Government versus the market (non-) fail as arguments for and against maximizing the state's role in the economy. 10.Unemployment and its impact on inflation. 11.The behavior of people in search of work and level of unemployment. 12.The level, structure and development of employment and unemployment in EU countries. 13.Productivity. Total factor productivity and labor productivity. 14.Regional imbalance (factors of regional differences, mobility of production factors and its obstacles, regional convergence and divergence, structural funds). 15.Definition of balance of payments, compensation processes on the balance of payments in a different exchange rate regimes. 16.Definition of degrees of economic integration and their applications to different European and non European integration organizations in the second half of the 20th century. 17.The origin and genesis of the European Communities. 18.The concept of EC law - primary and secondary. 19.Purchasing power parity theory, the law of one price. 20.The theory of optimum currency areas, the traditional and the modern version, the criteria for defining an optimal currency area, the endogenous nature of the OCA criteria. 21.Global problems of humanity - the basic definition. The issue of economic policy: 1.Development of views on the function of the state in the economy, the foundations of economic policy. 2.Coordination of the economy. The system of hereditary compelling, market-price system, organizational and command system, the theory of the third way. Coordination of planning (indicative, imperative and central planning). Consensus and the possibilities of its achievement. The role of information in economic policy, influencing information. Interest groups, lobbying, non-profit organization. Possibilities and limits of economic policy. Oppressive, anarchic and democratic society and economic policy. 3.Stabilization policy - its nature, targets and instruments. 4.Growth economic policy - its nature, targets and instruments. 5.Indicative planning and its practical application on the example of the economic policies of Japan and France. Use of an imperative economic policy planning in Germany. Postwar economic policy of Germany. Analyze typical schemes used by economic policy makers in these countries at crucial periods. 6.Economic policy since the New Deal to the present. Practical approaches to economic policy since the end of the second World War II to the present in Great Britain and Sweden. Analyze typical schemes used by economic policy makers in these countries at crucial periods. 7.The nature and targets of fiscal policy instruments and mechanisms of action, the stabilizing function of fiscal policy, fiscal drag, the principle of stop and go 8.Monetary policy - its targets and direct and indirect instruments. 9.The transmission mechanism of monetary policy 10.External economic policy, its principles, goals and tools, their mechanism of action, liberal versus protectionist trade policy. 11.Structural policy - its concept, instruments and targets. 12.Protection of competition policy, its theoretical background, targets, instruments and bearers. 13.Social policy, its concept and function in society. 14.Employment policy as an instrument of economic policy 15.Labour Market in the Czech Republic and the system of employment services. 16.Characteristics of regional policy, its concepts and targets. 17th Agricultural and industrial policy - the concept and targets. 18.The pro-export policy - basic principles, instruments and targets. 19.Fundamental transformation strategy and its alternatives. 20.Economic Policy of the CR first half of the 90th years. 21.Development of integration in Europe.

Conditions for subject completion

Full-time form (validity from: 2017/2018 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit Credit  
Mandatory attendence parzicipation:

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Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2019/2020 (N6202) Economic Policy and Administration (6202T027) National Economy P English Ostrava 2 Compulsory study plan
2018/2019 (N6202) Economic Policy and Administration (6202T027) National Economy P English Ostrava 2 Compulsory study plan
2017/2018 (N6202) Economic Policy and Administration (6202T027) National Economy P English Ostrava 2 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner