Course: BASICS OF ECONOMY

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Course title BASICS OF ECONOMY
Course code KSZD/ZEOK9
Organizational form of instruction Lecture + Seminary
Level of course Master
Year of study not specified
Semester Winter
Number of ECTS credits 2
Language of instruction Czech
Status of course Compulsory
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Kotrba Vojtěch, Ing. Ph.D.
  • Slavík Jan, doc. Ing. Ph.D.
Course content
Lecture Topics: Content 1. Man in the market system. Consumer behavior: utility and demand. 2. Producer behavior: costs and supply. Market equilibrium and efficiency. 3. Shift and specialization. Imperfect markets. Restriction of competition. 4. State intervention in prices. Demand for factors of production. 5. Job offer and labor market. Unemployment. 6. Principal and interest. Investment decision making and business. 7. Externalities. Free resources, free goods and public goods. Public choice. 8. Homemade product. Consumption and investment. 9. Money and demand for money balances. Banking system, money creation and money market. 10. Aggregate Demand, Aggregate Supply and Potential Product. 11. Economic cycle. Economic growth. Inflation. 12. Exchange rate. Payment balance. 13. State budget. Monetary Policy. Seminar Topics: They correspond to the topics of the lectures in the skill and experience level, strengthen the application efficiency in specific cases and strengthen the acquisition of certainty in the processing of the business plan. They cultivate a comprehensive approach to the processing of economic reality.

Learning activities and teaching methods
unspecified
Learning outcomes
The course is a non-technical training in economic disciplines. It introduces students to the principles of economic thinking and presents basic knowledge of economic theory about human behavior and its consequences for the functioning of society; it uses examples of economic history and economic policy history.
Expertise: Students demonstrate knowledge of principles of economic thinking, basic economic concepts and laws. Professional skills: The student knows the principles of society, purposeful and non-purpose social rules and can use them in practice.
Prerequisites
unspecified

Assessment methods and criteria
unspecified
final exam
Recommended literature
  • CAMERON, Rondo E. Stručné ekonomické dějiny světa: od doby kamenné do současnosti. Praha: Victoria Publishing, 1996. ISBN 80-85865-21-1..
  • HAZLITT, H. Ekonomie v jedné lekci. Praha: Alfa Publishing, 2005. ISBN 80-86851-18-4.
  • HEYNE, Paul T. Ekonomický styl myšlení. Praha: Vysoká škola ekonomická, 1991. ISBN 80-7079-781-9..
  • Holman, R. Základy ekonomie. Praha: C.H.Beck, 2000.
  • LANDES, D. S. Bohatství a bída národů. Proč jsou někteří tak bohatí a někteří tak chudí, Praha, BB art 2004, ISBN: 80-7341-291-8.
  • NORBERG, J. Globalizace. Praha: Alfa Publishing, 2006. ISBN 80-86851-32-X.
  • SCHIFF, P., SCHIFF, A. Ekonomické bajky pro studované i laiky: jak ekonomika roste a proč krachuje. Praha: Dokořán, 2010. ISBN 978-80-7363-325-7.
  • SMITH, A. Pojednání o podstatě a původu bohatství národů. Praha, 2001. ISBN 80-86339-15-4.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester