156-0544/01 – Monetary Policy B (MPB)
Gurantor department | Department of Applied Economics | Credits | 3 |
Subject guarantor | prof. Ing. Luboš Komárek, Ph.D. MBA M.Sc. | Subject version guarantor | prof. Ing. Luboš Komárek, Ph.D. MBA M.Sc. |
Study level | undergraduate or graduate | Requirement | Choice-compulsory |
Year | 2 | Semester | winter |
| | Study language | English |
Year of introduction | 2017/2018 | Year of cancellation | 2020/2021 |
Intended for the faculties | EKF | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
The student will be able:
- to interpret/answer all questions related to monetary policy, its theoretical basis and practical implementation;
- to characterize monetary policy goals and tools and explain its functioning, describe principles and types of transmission mechanisms;
- to differentiate between monetary policy implementation in various transmission mechanisms;
- to explain the monetary policy decision process of central bankers;
- to make conclusions concerning the practical implementation of monetary policy and its impact on the economy (and other macroeconomic policies);
- to defend or criticize basic steps of monetary policy realized in the Czech Republic.
Teaching methods
Lectures
Summary
Monetary Policy B follows courses "Monetary Policy" and "Monetary Policy of Open Economy". Course is focused on advanced analysis of money, exchange rate and inflation in economy. Its purpose is to deepen knowledge of monetary policy theory and transmission mechanism. Course discuss up-to-date tasks of monetary policy.
Compulsory literature:
FRAIT, Jan, Zlatuše KOMÁRKOVÁ a Luboš KOMÁREK. Monetary Policy in a Small Economy after Tsunami: A New Consensus on the Horizon? Finance a úvěr-Czech Journal of Economics and Finance. 2010, roč. 61, č. 1, s. 5-33. ISSN 0015-1920.
Recommended literature:
Way of continuous check of knowledge in the course of semester
E-learning
Other requirements
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Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
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Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction
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