156-0559/03 – Economic Policy (HPO)

Gurantor departmentDepartment of Applied EconomicsCredits4
Subject guarantorprof. Ing. Jaromír Gottvald, CSc.Subject version guarantorprof. Ing. Jaromír Gottvald, CSc.
Study levelundergraduate or graduateRequirementCompulsory
Study languageEnglish
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
BAL112 doc. Ing. Jiří Balcar, Ph.D.
GOT40 prof. Ing. Jaromír Gottvald, CSc.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Examination 3+0

Subject aims expressed by acquired skills and competences

• understand the nature of economic policy • familiarize with its types, objectives and tools • assess the suitability of current economic policy • estimate the impact of economic policy measures

Teaching methods



In the course the students will understand the nature of economic policy, get acquainted with its chosen types and relations between them, will realize the influence of economic policy on the microeconomic sphere (companies, households), will acquire basic skills to evaluate current economic policy, its main problems and impacts of partial changes in economic policy.

Compulsory literature:

Bénassy-Quéré, A., Coeuré, B, Jacquet, P., Pisani-Ferry, J. (2010). Economic Policy: Theory and Practice. New York, Oxford University Press. ISBN 978-0-19-532273-6. McConnel, C. R., Stanley, L. B., Flynn, S. M. (2015) Economics: Principles, Problems, and Policies. McGraw-Hill 20th ed. ISBN 0078021758.

Recommended literature:

Mankiw, G. N. (2014). Principles of Economics. 7th ed., Cengage Learning. ISBN 128516587X. Dornbusch, R., Fischer, S., Startz, R. (2017). Macroeconomics. 13th ed., New York: McGraw-Hill. ISBN 0077660773.

Way of continuous check of knowledge in the course of semester


Other requirements



Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

• Market and government failures, changing views on the role of the state in the economy from the point of view of individual economic schools • Economic policy, influence of institutions and expectations on its form and effectiveness • Growth policy, stabilization policy • Fiscal policy • Monetary policy • Foreign-trade policy • Competition policy • Structural policy • Regional policy • Employment Policy • Redistribution policy • Social policy • Environmental policy • Economic policy in selected countries (USA, Great Britain, Sweden, Japan, Czech Republic)

Conditions for subject completion

Full-time form (validity from: 2019/2020 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 (B0412A050006) Finance P English Ostrava 2 Compulsory study plan
2019/2020 (B0412A050006) Finance P English Ostrava 2 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner