| Course title | BASICS OF ECONOMY |
|---|---|
| Course code | KSZD/ZEO9 |
| Organizational form of instruction | Lecture + Seminary |
| Level of course | Master |
| Year of study | 1 |
| 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) |
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| Course content |
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Lecture topics: 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 at the level of skill and experience, strengthen the application skills in specific cases and strengthen the acquisition of confidence in the preparation of a business plan. They cultivate a comprehensive approach to processing economic reality.
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| Learning activities and teaching methods |
| unspecified |
| Learning outcomes |
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The subject is a non-technical preparation in economic disciplines. It introduces students to the principles of economic thinking and presents the basic knowledge of economic theory about human behavior and its consequences for the functioning of society; he uses examples from economic history and from the history of economic policy.
Acquired competencies Expertise: The student demonstrates knowledge of the principles of economic thinking, basic economic concepts and laws. Professional skills: The student knows the principles of society, purposeful and non-purposeful social rules and can use them in practice. |
| Prerequisites |
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unspecified
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| Assessment methods and criteria |
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unspecified
final exam |
| Recommended literature |
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| Study plans that include the course |
| Faculty | Study plan (Version) | Category of Branch/Specialization | Recommended semester |
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