156-0544/01 – Monetary Policy B (MPB)

Gurantor departmentDepartment of Applied EconomicsCredits3
Subject guarantorprof. Ing. Luboš Komárek, Ph.D. MBA M.Sc.Subject version guarantorprof. Ing. Luboš Komárek, Ph.D. MBA M.Sc.
Study levelundergraduate or graduateRequirementCompulsory
Year2Semesterwinter
Study languageEnglish
Year of introduction2017/2018Year of cancellation
Intended for the facultiesEKFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
KOM07 prof. Ing. Luboš Komárek, Ph.D. MBA M.Sc.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Examination 2+0

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:

OBSTFELD, M. – ROGOFF, K. Foundations of International Macroeconomics. 1996. ISBN 0-262-15047-6

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

Full-time form (validity from: 2017/2018 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Examination Examination 100  51
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2020/2021 (N6202) Economic Policy and Administration (6202T027) National Economy P Czech Ostrava 2 Choice-compulsory study plan
2019/2020 (N6202) Economic Policy and Administration (6202T027) National Economy P English Ostrava 2 Compulsory study plan
2019/2020 (N6202) Economic Policy and Administration (6202T027) National Economy P Czech Ostrava 2 Choice-compulsory study plan
2018/2019 (N6202) Economic Policy and Administration (6202T027) National Economy P Czech Ostrava 2 Choice-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 Czech Ostrava 2 Choice-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