| Course title | Economics II |
|---|---|
| Course code | KFHS/KB318 |
| Organizational form of instruction | Lecture |
| Level of course | Bachelor |
| Year of study | 2 |
| Semester | Summer |
| Number of ECTS credits | 4 |
| 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) |
|---|
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| Course content |
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1. Macroeconomic economic policy - magic square and its peaks 2. Economic cycles and stabilization policy, the possibility of influencing of the magic square using instruments of economic policy 3. Philosophy of choosing the appropriate macroeconomic policy instruments 4. Tools of monetary policy - the discount rate, open market operations, reserve requirement policy, regulation of investment credit 5. The instruments of fiscal policy 6. Instruments of trade policy - customs duties, import and export quotas 7. Pension plan - wages and prices 8. Keynesianism: historical classification in the history of economic theory and the theory of state intervention in economy 9. Chicago School: Philosophy of economics basis, exchange equation, the results of the application 10. Basic approaches of economics and its usage in practice 11. Institutionalism: basic philosophy, the concept of institutions, old and new institucionalism 12. Theory of Public Choice: the philosophy of movement, the theory of ignoring, the theory of regulation 13. School of rational expectations: the basic philosophy of movement 14. Development of Czech economic thinking since the late 19th century to the present
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| Learning activities and teaching methods |
| unspecified, unspecified, unspecified, unspecified |
| Learning outcomes |
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The course is an introduction to the standard macroeconomics theory. It covers the basic macroeconomic aggregates and the models explaining their relations in short run and long run.
- is able to characterize the specifics of economics as a discipline - can use academic terminology - is able to explain basic economic concepts - distinguish the main movements of economic thought - is able to characterize economic problems in selected movements of economic schools |
| Prerequisites |
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Economics
KFHS/KB317 ----- or ----- KFHS/KB348 |
| Assessment methods and criteria |
|
unspecified
The course will be concluded with a test in the extent of lectures and literature. |
| Recommended literature |
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| Study plans that include the course |
| Faculty | Study plan (Version) | Category of Branch/Specialization | Recommended semester |
|---|