B_EK_2 Economics 2

University of Finance and Administration
Summer 2025
Extent and Intensity
2/2/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Tomáš Kremr, Ph.D., LL.M. (seminar tutor)
Guaranteed by
Ing. Petr Mach, Ph.D.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Bc. Kateřina Konupková
Prerequisites
There are no prerequisites for this course. It is recommended to complete Economics 1 first
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
The aim of the subject is to introduce students to macroeconomics at the undergraduate level. The students will be able, at the end of the course to:
- understand inflation and the rice level and make basic calculations
- understand economic growth and GDP including the business cycle
- understand the quantity theory of money and make basic calculations
- understand currency markets and exchange rates
- understand the basic ideas of fiscal and monetary policies
Learning outcomes
The students will be able after completing the course to:
- understand the meaning of basic macroeconomic indicators (GDP, inflation, the rate of unemployment)
- explain other macroeconomics terms (potential product, money, Phillips curve)
- understand macroeconomic equilibrium: how aggregate supply and aggregate demand are determined
- know the factors of long-term economic growth and short-term business cycle
- understand international macroeconomic terms (the exchange rate, external macroeconomic balance)
- understand the effects and limits of macroeconomic policies (fiscal and monetary policy)
- understand the advantages and disadvantages of international cooperation (international free trade, common currency ...)
Syllabus
  • 1. The Price level and inflation
  • 2. Output and unemployment
  • 3. Evolution of Money
  • 4. Money stock
  • 5. Quantity Theory of Money
  • 6. Aggregate demand and Aggregate supply
  • 7. Short-Run Aggregate Supply, Phillip's curve
  • 8. Says's Law of Markets, Keynes!s Consumption function
  • 9. Foreign Exchange, Balance of Payments
  • 10. Monetary Policy
  • 11. Fiscal Policy
  • 12. International cooperation
Literature
    recommended literature
  • MACH, Petr. Textbook of Elementary Economics. Prague: VŠFS, 2019. ISBN 978-80-7408-193-4. info
  • WAWROSZ, Petr, Herbert HEISSLER, Mojmír HELÍSEK and Petr MACH. Makroekonomie základní kurz. Praha: Vysoká škola finanční a správní, o.p.s., 2012, 360 pp. Eupress. ISBN 978-80-7408-059-3. info
Teaching methods
Lectures and seminars on the present form of the study, consultations on the distant form of the study. Students should attend at least 75% of the seminars in the full-time form or 50% of sessions in the combined form.
Assessment methods
The subject is completed by earning the credit and passing the exam. Earning credit is a necessary condition for students to be able to take the exam.
The student earns credit by passing a midterm online credit test after the 6th lecture and a final online credit test at the end of the course.
The exam is oral.
Language of instruction
Czech
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: 16 hodin KS/semestr.
Teacher's information
Petr Mach, PhD. teaches microeconomics and macroeconomics, Lobbying, and Monetary theory and policy.
The course is also listed under the following terms Summer 2015, Summer 2016, Summer 2017, Summer 2018, Summer 2019, Summer 2024.

B_EK_2 Economics 2

University of Finance and Administration
Summer 2024
Extent and Intensity
2/2/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Michal Blahout, Ph.D. (seminar tutor)
Ing. Petr Mach, Ph.D. (seminar tutor)
Ing. Mgr. Jaromír Tichý, Ph.D., MBA (seminar tutor)
doc. Radim Valenčík, CSc. (seminar tutor)
Guaranteed by
Ing. Petr Mach, Ph.D.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Bc. Kateřina Konupková
Timetable of Seminar Groups
B_EK_2/cEKPH: each even Tuesday 10:30–11:14 E007KC, each even Tuesday 11:15–12:00 E007KC, each even Thursday 15:45–16:29 E230, each even Thursday 16:30–17:15 E230, M. Blahout
B_EK_2/cEKPPKV: each odd Wednesday 9:30–10:14 KV206, each odd Wednesday 10:15–11:00 KV206, each odd Wednesday 11:15–11:59 KV206, each odd Wednesday 12:00–12:45 KV206, except Wed 24. 4. ; and Thu 18. 4. 10:30–12:00 KV211, 12:15–13:45 KV211, J. Tichý
B_EK_2/cFPPPH: each odd Monday 8:45–9:29 E007KC, each odd Monday 9:30–10:15 E007KC, each odd Monday 10:30–11:14 E007KC, each odd Monday 11:15–12:00 E007KC, except Mon 12. 2. ; and Mon 12. 2. 8:45–10:15 S26, 10:30–12:00 S26, M. Blahout
B_EK_2/cMMO: each odd Tuesday 8:45–9:29 M17, each odd Tuesday 9:30–10:15 M17, each odd Tuesday 10:30–11:14 M17, each odd Tuesday 11:15–12:00 M17, except Tue 23. 4. ; and Mon 22. 4. 14:00–17:15 M17, J. Tichý
B_EK_2/cMPH: Wed 12:15–12:59 E306, Wed 13:00–13:45 E306, R. Valenčík
B_EK_2/poEKPPKV: each even Monday 8:45–9:29 KV204, each even Monday 9:30–10:15 KV204, each even Monday 10:30–11:14 KV204, each even Monday 11:15–12:00 KV204, P. Mach
B_EK_2/poMMO: each even Monday 8:45–9:29 M14, each even Monday 9:30–10:15 M14, each even Monday 10:30–11:14 M14, each even Monday 11:15–12:00 M14, P. Mach
B_EK_2/pxEKFMPPPH: each even Monday 8:45–9:29 E007KC, each even Monday 9:30–10:15 E007KC, each even Monday 10:30–11:14 E007KC, each even Monday 11:15–12:00 E007KC, P. Mach
B_EK_2/vEKPH: Fri 9. 2. 14:00–15:30 E228, 15:45–17:15 E228, Sat 9. 3. 9:45–11:15 E228, 11:30–13:00 E228, Fri 12. 4. 14:00–15:30 E228, 15:45–17:15 E228, Fri 26. 4. 14:00–15:30 E228, 15:45–17:15 E228, P. Mach
Prerequisites
There are no prerequisites for this course. It is recommended to complete Economics 1 first
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
The aim of the subject is to introduce students to macroeconomics at the undergraduate level. The students will be able, at the end of the course to:
- understand inflation and the rice level and make basic calculations
- understand economic growth and GDP including the business cycle
- understand the quantity theory of money and make basic calculations
- understand currency markets and exchange rates
- understand the basic ideas of fiscal and monetary policies
Learning outcomes
The students will be able after completing the course to:
- understand the meaning of basic macroeconomic indicators (GDP, inflation, the rate of unemployment)
- explain other macroeconomics terms (potential product, money, Phillips curve)
- understand macroeconomic equilibrium: how aggregate supply and aggregate demand are determined
- know the factors of long-term economic growth and short-term business cycle
- understand international macroeconomic terms (the exchange rate, external macroeconomic balance)
- understand the effects and limits of macroeconomic policies (fiscal and monetary policy)
- understand the advantages and disadvantages of international cooperation (international free trade, common currency ...)
Syllabus
  • 1. The Price level and inflation
  • 2. Output and unemployment
  • 3. Evolution of Money
  • 4. Money stock
  • 5. Quantity Theory of Money
  • 6. Aggregate demand and Aggregate supply
  • 7. Short-Run Aggregate Supply, Phillip's curve
  • 8. Says's Law of Markets, Keynes!s Consumption function
  • 9. Foreign Exchange, Balance of Payments
  • 10. Monetary Policy
  • 11. Fiscal Policy
  • 12. International cooperation
Literature
    recommended literature
  • MACH, Petr. Textbook of Elementary Economics. Prague: VŠFS, 2019. ISBN 978-80-7408-193-4. info
  • WAWROSZ, Petr, Herbert HEISSLER, Mojmír HELÍSEK and Petr MACH. Makroekonomie základní kurz. Praha: Vysoká škola finanční a správní, o.p.s., 2012, 360 pp. Eupress. ISBN 978-80-7408-059-3. info
Teaching methods
Lectures and seminars on the present form of the study, consultations on the distant form of the study. Students should attend at least 75% of the seminars in the full-time form or 50% of sessions in the combined form.
Assessment methods
The subject is completed by earning the credit and passing the exam. Earning credit is a necessary condition for students to be able to take the exam.
The student earns credit by passing a midterm online credit test after the 6th lecture and a final online credit test at the end of the course.
The exam is oral.
Language of instruction
Czech
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: 16 hodin KS/semestr.
Teacher's information
Petr Mach, PhD. teaches microeconomics and macroeconomics, Lobbying, and Monetary theory and policy.
The course is also listed under the following terms Summer 2015, Summer 2016, Summer 2017, Summer 2018, Summer 2019, Summer 2025.

B_EK_2 Economy 2

University of Finance and Administration
Summer 2019
Extent and Intensity
2/2/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
prof. Ing. Mojmír Helísek, CSc. (lecturer)
doc. Mgr. Ing. Petr Wawrosz, Ph.D. (lecturer)
PhDr. Rafik Bedretdinov, CSc. (seminar tutor)
Ing. Michal Blahout, Ph.D. (seminar tutor)
Ing. Pavel Klička, PhD. (seminar tutor)
Ing. Bc. Jiří Mihola, CSc. (seminar tutor)
Ing. Yuliia Spitsyna (seminar tutor)
doc. Radim Valenčík, CSc. (seminar tutor)
Guaranteed by
doc. Mgr. Ing. Petr Wawrosz, Ph.D.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Lenka Pokorná
Timetable of Seminar Groups
B_EK_2/cAPH: Tue 10:30–11:14 E227, Tue 11:15–12:00 E227, Y. Spitsyna
B_EK_2/cBSKV: each odd Monday 12:15–12:59 KV301, each odd Monday 13:00–13:45 KV301, each odd Monday 14:00–14:44 KV301, each odd Monday 14:45–15:30 KV301, M. Blahout
B_EK_2/cBSMO: Wed 12:15–12:59 M14, Wed 13:00–13:45 M14, R. Bedretdinov
B_EK_2/cBSPH: Mon 12:15–12:59 E227, Mon 13:00–13:45 E227, P. Wawrosz
B_EK_2/cKPH: Mon 10:30–11:14 E228, Mon 11:15–12:00 E228, Y. Spitsyna
B_EK_2/cMVMO: Wed 10:30–11:14 M14, Wed 11:15–12:00 M14, R. Bedretdinov
B_EK_2/cM1PH: Wed 8:45–9:29 E227, Wed 9:30–10:15 E227, P. Klička
B_EK_2/cM2PH: Tue 14:00–14:44 E227, Tue 14:45–15:30 E227, P. Klička
B_EK_2/cPPPH: Wed 10:30–11:14 E225, Wed 11:15–12:00 E225, P. Klička
B_EK_2/pAMPH: Tue 8:45–9:29 E004, Tue 9:30–10:15 E004, R. Valenčík
B_EK_2/pBSKPPPH: Mon 8:45–9:29 E004, Mon 9:30–10:15 E004, J. Mihola
B_EK_2/pBSKV: Wed 12:15–12:59 KV301, Wed 13:00–13:45 KV301, except Wed 10. 4., except Wed 17. 4., except Wed 24. 4. ; and Wed 20. 2. 15:45–17:15 KV301, Wed 20. 3. 15:45–17:15 KV301, Wed 24. 4. 12:15–13:45 KV301, P. Wawrosz
B_EK_2/pBSMVMO: each even Tuesday 10:30–11:14 M01, each even Tuesday 11:15–12:00 M01, each even Tuesday 12:15–12:59 M01, each even Tuesday 13:00–13:45 M01, P. Wawrosz
B_EK_2/vAPH: Fri 15. 2. 14:00–15:30 E223, Fri 1. 3. 14:00–15:30 E223, 15:45–17:15 E223, Sat 16. 3. 14:00–15:30 E223, Fri 29. 3. 14:00–15:30 E223, 15:45–17:15 E223, P. Klička
B_EK_2/vBSKV: Sat 16. 2. 9:45–11:15 KV211, 11:30–13:00 KV211, Fri 15. 3. 14:00–15:30 KV211, 15:45–17:15 KV211, Fri 12. 4. 14:00–15:30 KV211, 15:45–17:15 KV211, P. Klička
B_EK_2/vKPH: Fri 15. 2. 14:00–15:30 S22, 15:45–17:15 S22, Fri 1. 3. 15:45–17:15 E127, 17:30–19:00 E127, Fri 26. 4. 14:00–15:30 E228, 15:45–17:15 E228, M. Blahout
B_EK_2/vMPH: Sat 16. 2. 9:45–11:15 E222, 11:30–13:00 E222, Sat 2. 3. 9:45–11:15 E222, 11:30–13:00 E222, Fri 12. 4. 17:30–19:00 E222, 19:15–20:45 E222, M. Blahout
B_EK_2/vVPH: Fri 15. 2. 14:00–15:30 E227, 15:45–17:15 E227, Fri 1. 3. 14:00–15:30 E227, 15:45–17:15 E227, Fri 29. 3. 17:30–19:00 E227, 19:15–20:45 E227, J. Mihola
B_EK_2/3rocnik: No timetable has been entered into IS.
Prerequisites
B_EK_1 Economy 1
There are no prerequisites for this course. Students can pass the exam form the subject B_EK_2 only if they passe the exam from the subject B_EK_1.
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
The aim of the subjects is to introduce students with macroeconomics on the bachelor level. The students will be able at the end of the course: - to understand the sense of basic macroeconomics indicator (e.g. GDP, inflation, unemployment, balance of payment) - to explain other macroeconomics term (e.g. potential product, money, Phillips curve, Laffer curve) - to understand the issue of macroeconomic equilibrium: how the aggregate supply and aggregate demand are determined - to know the factors of long-term economic growth and short-term business cycle - to understand international macroeconomics issues a terms (e.g. exchange rate, external macroeconomic equilibrium) - to evaluate possibilities and limits of macroeconomics policies (especially fiscal and monetary policy) - to evaluate advantages and disadvantages of international collaboration (e.g. international free trade, common currency ...)
Learning outcomes
Learning outcomes are determined by aim of the subject. The students will be able at the end of the course: - to understand the sense of basic macroeconomics indicator (e.g. GDP, inflation, unemployment, balance of payment) - to explain other macroeconomics term (e.g. potential product, money, Phillips curve, Laffer curve) - to understand the issue of macroeconomic equilibrium: how the aggregate supply and aggregate demand are determined - to know the factors of long-term economic growth and short-term business cycle - to understand international macroeconomics issues a terms (e.g. exchange rate, external macroeconomic equilibrium) - to evaluate possibilities and limits of macroeconomics policies (especially fiscal and monetary policy) - to evaluate advantages and disadvantages of international collaboration (e.g. international free trade, common currency ...)
Syllabus
  • 1. lecture: main macroeconomics topics, GDP 2. lecture: long-term economic growth 3. lecture: money 4. lecture: inflation, unemployment 5. lecture: aggregate expenditures 6. lecture: model income-expenditure 7. lecture: aggregate supply and aggregate demand 8. lecture: short term business cycle, international trade 9. lecture: exchange rate, balance of payment 10. lecture: monetary policy 11. lecture: fiscal policy 12. lecture: Phillips curve, international economic integration
Literature
    required literature
  • WAWROSZ, Petr; HEISSLER, Herbert; HELÍSEK, Mojmír; MACH, Petr . Makroekonomie základní kurz. 1. vydání. Praha : Vysoká škola finanční a správní, o.p.s., 2012. 360 s. Edice EUPRESS. ISBN 978-80-7408-059-3.
  • HEISSLER, Herbet; VALENČÍK, Radim; WAWROSZ, Petr 2010. Mikroekonomie, základní kurz. Praha: VŠFS.
    recommended literature
  • Jurečka, Václav a kol. Makroekonomie. Praha: Grada.
  • Schwanberg, August 2012. Makroekonomie bez předchozích znalostí. Brno: Biz Books, ISBN 978-80-265-0036-0.
  • Cahlík, Tomáš; Hlaváček, Michal; Seidler, Jakub 2010. Makroekonomie. Praha: Karolinum.
Teaching methods
Lectures and seminars on the present form of the study, consultations on the distant form of the study. Students should attend at least 50 % of the tuitions, otherwise they receive substitute homework.
Assessment methods
The subject is finished by credit and exam. The acquiring of credit is necessary condition for student to be able to take the exam. The student acquire the credit if (s)he pass two credit tests. Each question in the tests are scored, student have to receive minimum score to pass the test. The value of minimum score is mentioned in the test. The exam is verbal. The exam question are published in IS (information system) with minimal exam standards (the minimum knowledge that student must know to be able to pass the exam).
Language of instruction
Czech
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: 12 hodin KS/semestr.
The course is also listed under the following terms Summer 2015, Summer 2016, Summer 2017, Summer 2018, Summer 2024, Summer 2025.

B_EK_2 Economy 2

University of Finance and Administration
Summer 2018
Extent and Intensity
2/2/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
PhDr. Rafik Bedretdinov, CSc. (seminar tutor)
Ing. Michal Blahout, Ph.D. (seminar tutor)
Ing. Lenka Farkačová, Ph.D. (seminar tutor)
Ing. Herbert Heissler (seminar tutor)
Ing. Pavel Klička, PhD. (seminar tutor)
Ing. Petr Mach, Ph.D. (seminar tutor)
Ing. Bc. Jiří Mihola, CSc. (seminar tutor)
Ing. Yuliia Spitsyna (seminar tutor)
Mgr. Ing. Dominik Stroukal, Ph.D. (seminar tutor)
doc. Radim Valenčík, CSc. (seminar tutor)
doc. Mgr. Ing. Petr Wawrosz, Ph.D. (seminar tutor)
Guaranteed by
doc. Mgr. Ing. Petr Wawrosz, Ph.D.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Lenka Pokorná
Timetable of Seminar Groups
B_EK_2/cAPH: Tue 14:00–14:44 E123, Tue 14:45–15:30 E123, except Tue 20. 2., except Tue 27. 2. ; and Tue 20. 2. 14:00–15:30 E306, Tue 27. 2. 14:00–15:30 E007KC, J. Mihola
B_EK_2/cBSKKV: each odd Tuesday 14:00–14:44 KV204, each odd Tuesday 14:45–15:30 KV204, each odd Tuesday 15:45–16:29 KV204, each odd Tuesday 16:30–17:15 KV204, except Tue 13. 2. ; and Tue 13. 2. 14:00–15:30 KV204, Thu 15. 2. 15:45–17:15 KV310, P. Wawrosz
B_EK_2/cBSPH: Tue 14:00–14:44 E129, Tue 14:45–15:30 E129, except Tue 20. 2., except Tue 27. 2. ; and Tue 20. 2. 14:00–15:30 E306, Tue 27. 2. 14:00–15:30 E007KC, P. Klička
B_EK_2/cKVMO: each odd Tuesday 12:15–12:59 M17, each odd Tuesday 13:00–13:45 M17, each odd Tuesday 14:00–14:44 M17, each odd Tuesday 14:45–15:30 M17, R. Bedretdinov
B_EK_2/cPPPVPH: Tue 12:15–12:59 E306, Tue 13:00–13:45 E306, J. Mihola
B_EK_2/c1KPH: Tue 12:15–12:59 E222, Tue 13:00–13:45 E222, except Tue 20. 2., except Tue 27. 2. ; and Tue 20. 2. 12:15–13:45 E306, Tue 27. 2. 12:15–13:45 E306, P. Klička
B_EK_2/c1MPH: Mon 14:00–14:44 E128, Mon 14:45–15:30 E128, P. Klička
B_EK_2/c2KPH: Tue 14:00–14:44 E024, Tue 14:45–15:30 E024, Y. Spitsyna
B_EK_2/c2MPH: Mon 15:45–16:29 E128, Mon 16:30–17:15 E128, P. Klička
B_EK_2/c3MPH: Mon 15:45–16:29 E127, Mon 16:30–17:15 E127, L. Farkačová
B_EK_2/c4MPH: Wed 8:45–9:29 E224, Wed 9:30–10:15 E224, R. Bedretdinov
B_EK_2/pAMPH: Mon 12:15–12:59 E007KC, Mon 13:00–13:45 E007KC, P. Mach
B_EK_2/pBSKKV: Thu 12:15–12:59 KV204, Thu 13:00–13:45 KV204, R. Valenčík
B_EK_2/pBSKPPPVPH: Tue 8:45–9:29 E004, Tue 9:30–10:15 E004, P. Mach
B_EK_2/pKVMO: each even Tuesday 10:30–11:14 M01, each even Tuesday 11:15–12:00 M01, each even Tuesday 12:15–12:59 M01, each even Tuesday 13:00–13:45 M01, P. Wawrosz
B_EK_2/vAPH: Sat 17. 2. 9:45–11:15 E125, 11:30–13:00 E125, Sat 3. 3. 9:45–11:15 E124, 11:30–13:00 E124, Sat 17. 3. 9:45–11:15 E126, 11:30–13:00 E126, P. Klička
B_EK_2/vBSKPH: Fri 16. 2. 15:45–17:15 E230, Fri 2. 3. 15:45–17:15 E125, Fri 16. 3. 15:45–17:15 E228, Sat 21. 4. 9:45–11:15 E129, 11:30–13:00 E129, Fri 27. 4. 17:30–19:00 E125, H. Heissler
B_EK_2/vKMMO: Fri 9. 2. 14:00–15:30 M01, Fri 23. 2. 14:00–15:30 M01, Fri 9. 3. 14:00–15:30 M01, Fri 23. 3. 14:00–15:30 M01, Fri 13. 4. 14:00–15:30 M01, Fri 27. 4. 14:00–15:30 M01, R. Bedretdinov
B_EK_2/vKMVKV: Fri 16. 2. 15:45–17:15 KV301, 17:30–19:00 KV301, Fri 2. 3. 15:45–17:15 KV310, 17:30–19:00 KV310, Fri 6. 4. 15:45–17:15 KV310, 17:30–19:00 KV310, R. Valenčík
B_EK_2/vMPH: Sat 17. 2. 14:00–15:30 E128, Fri 2. 3. 17:30–19:00 E127, 19:15–20:45 E127, Fri 16. 3. 14:00–15:30 E129, Fri 6. 4. 15:45–17:15 E125, 17:30–19:00 E125, P. Klička
B_EK_2/vPPVPH: Fri 16. 2. 14:00–15:30 E129, Fri 2. 3. 17:30–19:00 E129, Fri 16. 3. 17:30–19:00 E129, Fri 20. 4. 15:45–17:15 E129, 17:30–19:00 E129, Fri 27. 4. 15:45–17:15 E125, H. Heissler
Prerequisites
B_EK_1 Economy 1
There are no prerequisites for this course. Students can pass the exam form the subject B_EK_2 only if they passe the exam from the subject B_EK_1.
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
The aim of the subjects is to introduce students with macroeconomics on the bachelor level. The students will be able at the end of the course: - to understand the sense of basic macroeconomics indicator (e.g. GDP, inflation, unemployment, balance of payment) - to explain other macroeconomics term (e.g. potential product, money, Phillips curve, Laffer curve) - to understand the issue of macroeconomic equilibrium: how the aggregate supply and aggregate demand are determined - to know the factors of long-term economic growth and short-term business cycle - to understand international macroeconomics issues a terms (e.g. exchange rate, external macroeconomic equilibrium) - to evaluate possibilities and limits of macroeconomics policies (especially fiscal and monetary policy) - to evaluate advantages and disadvantages of international collaboration (e.g. international free trade, common currency ...)
Syllabus
  • 1. lecture: main macroeconomics topics, GDP 2. lecture: long-term economic growth 3. lecture: money 4. lecture: inflation, unemployment 5. lecture: aggregate expenditures 6. lecture: model income-expenditure 7. lecture: aggregate supply and aggregate demand 8. lecture: short term business cycle, international trade 9. lecture: exchange rate, balance of payment 10. lecture: monetary policy 11. lecture: fiscal policy 12. lecture: Phillips curve, international economic integration
Literature
    required literature
  • WAWROSZ, Petr; HEISSLER, Herbert; HELÍSEK, Mojmír; MACH, Petr . Makroekonomie základní kurz. 1. vydání. Praha : Vysoká škola finanční a správní, o.p.s., 2012. 360 s. Edice EUPRESS. ISBN 978-80-7408-059-3.
  • HEISSLER, Herbet; VALENČÍK, Radim; WAWROSZ, Petr 2010. Mikroekonomie, základní kurz. Praha: VŠFS.
    recommended literature
  • Jurečka, Václav a kol. Makroekonomie. Praha: Grada.
  • Cahlík, Tomáš; Hlaváček, Michal; Seidler, Jakub 2010. Makroekonomie. Praha: Karolinum.
  • Schwanberg, August 2012. Makroekonomie bez předchozích znalostí. Brno: Biz Books, ISBN 978-80-265-0036-0.
Teaching methods
Lectures and seminars on the present form of the study, consultations on the distant form of the study. Students should attend at least 60 % of the tuitions, otherwise they receive substitute homework.
Assessment methods
The subject is finished by credit and exam. The acquiring of credit is necessary condition for student to be able to take the exam. The student acquire the credit if (s)he pass two credit tests. Each question in the tests are scored, student have to receive minimum score to pass the test. The value of minimum score is mentioned in the test. The exam is verbal. The exam question are published in IS (information system) with minimal exam standards (the minimum knowledge that student must know to be able to pass the exam).
Language of instruction
Czech
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: 12 hodin KS/semestr.
The course is also listed under the following terms Summer 2015, Summer 2016, Summer 2017, Summer 2019, Summer 2024, Summer 2025.

B_EK_2 Economy 2

University of Finance and Administration
Summer 2017
Extent and Intensity
2/2/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
PhDr. Rafik Bedretdinov, CSc. (seminar tutor)
Ing. Michal Blahout, Ph.D. (seminar tutor)
Ing. Lenka Farkačová, Ph.D. (seminar tutor)
Ing. Herbert Heissler (seminar tutor)
Ing. Pavel Klička, PhD. (seminar tutor)
Ing. Bc. Jiří Mihola, CSc. (seminar tutor)
Mgr. Ing. Dominik Stroukal, Ph.D. (seminar tutor)
doc. Radim Valenčík, CSc. (seminar tutor)
doc. Mgr. Ing. Petr Wawrosz, Ph.D. (seminar tutor)
Ing. Yuliia Spitsyna (assistant)
Mgr. Ing. Miroslav Jurásek, Ph.D. (alternate examiner)
Guaranteed by
doc. Mgr. Ing. Petr Wawrosz, Ph.D.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Ing. Barbora Ptáčková
Timetable of Seminar Groups
B_EK_2/cAPH: Wed 10:30–11:14 E129, Wed 11:15–12:00 E129, M. Blahout
B_EK_2/cBSKKV: each odd Thursday 10:30–11:14 KV310, each odd Thursday 11:15–12:00 KV310, each odd Thursday 12:15–12:59 KV310, each odd Thursday 13:00–13:45 KV310, P. Klička
B_EK_2/cBSPH: Thu 14:00–14:44 E224, Thu 14:45–15:30 E224, M. Blahout
B_EK_2/cKMO: Tue 12:15–12:59 M27, Tue 13:00–13:45 M27, M. Blahout
B_EK_2/cPPPH: Wed 15:45–16:29 E123, Wed 16:30–17:15 E123, P. Klička
B_EK_2/cPVPH: Wed 15:45–16:29 E225, Wed 16:30–17:15 E225, R. Bedretdinov
B_EK_2/cVMO: Tue 14:00–14:44 M01, Tue 14:45–15:30 M01, M. Blahout
B_EK_2/c1KPH: Wed 12:15–12:59 E228, Wed 13:00–13:45 E228, D. Stroukal
B_EK_2/c1MPH: Wed 12:15–12:59 E126, Wed 13:00–13:45 E126, P. Klička
B_EK_2/c2KPH: Wed 14:00–14:44 E306, Wed 14:45–15:30 E306, L. Farkačová
B_EK_2/c2MPH: Mon 14:00–14:44 E129, Mon 14:45–15:30 E129, J. Mihola
B_EK_2/c3MPH: Wed 14:00–14:44 E230, Wed 14:45–15:30 E230, M. Blahout
B_EK_2/c4MPH: Wed 15:45–16:29 E227, Wed 16:30–17:15 E227, L. Farkačová
B_EK_2/pAPH: Mon 14:00–14:44 E123, Mon 14:45–15:30 E123, P. Wawrosz
B_EK_2/pBSKKV: each even Thursday 10:30–11:14 KV310, each even Thursday 11:15–12:00 KV310, each even Thursday 12:15–12:59 KV310, each even Thursday 13:00–13:45 KV310, R. Valenčík
B_EK_2/pBSKPPPVPH: Mon 12:15–12:59 E004, Mon 13:00–13:45 E004, J. Mihola
B_EK_2/pKVMO: each even Monday 12:15–12:59 M01, each even Monday 13:00–13:45 M01, each even Monday 14:00–14:44 M01, each even Monday 14:45–15:30 M01, R. Bedretdinov
B_EK_2/pMPH: Tue 10:30–11:14 E306, Tue 11:15–12:00 E306, R. Valenčík
B_EK_2/vAPH: Fri 17. 2. 17:30–19:00 E126, 19:15–20:45 E126, Fri 3. 3. 15:45–17:15 E126, 17:30–19:00 E126, Fri 17. 3. 14:00–15:30 E126, Fri 21. 4. 17:30–19:00 E129, M. Blahout
B_EK_2/vBSKPH: Fri 17. 2. 19:15–20:45 E225, Fri 17. 3. 19:15–20:45 E225, Fri 31. 3. 14:00–15:30 E228, Fri 21. 4. 15:45–17:15 E227, Fri 28. 4. 17:30–19:00 E228, 19:15–20:45 E228, H. Heissler
B_EK_2/vKKV: Fri 17. 2. 14:00–15:30 KV211, 15:45–17:15 KV211, Fri 3. 3. 14:00–15:30 KV211, 15:45–17:15 KV211, Fri 31. 3. 14:00–15:30 KV211, 15:45–17:15 KV211, P. Klička
B_EK_2/vKMMO: Fri 10. 2. 14:00–15:30 M01, 15:45–17:15 M01, Fri 24. 2. 14:00–15:30 M01, 15:45–17:15 M01, Fri 10. 3. 14:00–15:30 M01, 15:45–17:15 M01, R. Bedretdinov
B_EK_2/vMPH: Fri 17. 2. 15:45–17:15 E128, Sat 4. 3. 9:45–11:15 E122, 11:30–13:00 E122, Fri 17. 3. 15:45–17:15 E127, Fri 31. 3. 15:45–17:15 E127, Fri 21. 4. 15:45–17:15 E228, M. Blahout
B_EK_2/vPPVPH: Fri 17. 2. 17:30–19:00 E228, Fri 3. 3. 15:45–17:15 E228, 17:30–19:00 E228, Fri 17. 3. 17:30–19:00 E228, Fri 31. 3. 15:45–17:15 E228, Fri 28. 4. 15:45–17:15 E228, H. Heissler
B_EK_2/3_rocnik: No timetable has been entered into IS., studenti posledního 3.ročníku
Prerequisites
B_EK_1 Economy 1
The requirement for the completion of this course is completion of the course B_EK_1.
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
The aim of the subjects is to introduce students with economics on the bachelor level. The students will be able at the end of the course to understand: - the topic of factors of production including labor market on specific and aggregate level, the topic of unemployment including relationship between unemployment and inflation - the topic of market of loanable funds - the topic of external relationships (net export and net foreign investments) - the topisc of exchange rate - the topic of microeconomic reasons for government intervention - the topic of macroeconomic equilibrium and business cycle
Syllabus
  • 1. lecture: market of factors of production 2. lecture: labor market on specific and aggregate level, unemployment, relation between unemployment and inflation 3. lecture: Loanable market 4. lecture: Openness of economy, net export net capital flow, balance of payment 5. lecture: Exchange rate 6. lecture: Public goods, externalities and other microeconomic reasons for government intervention 7. lecture: Public goods, externalities and other microeconomic reasons for government intervention 8. lecture: macroeconomic equilibrium 9. lecture: short term business cycle 10. lecture: monetary policy, fiscal policy 12. lecture: revision
Literature
    required literature
  • HEISSLER, Herbet; VALENČÍK, Radim; WAWROSZ, Petr 2010. Mikroekonomie, základní kurz. Praha: VŠFS.
  • WAWROSZ, Petr; HEISSLER, Herbert; HELÍSEK, Mojmír; MACH, Petr . Makroekonomie základní kurz. 1. vydání. Praha : Vysoká škola finanční a správní, o.p.s., 2012. 360 s. Edice EUPRESS. ISBN 978-80-7408-059-3.
    recommended literature
  • Schwanberg, August 2012. Makroekonomie bez předchozích znalostí. Brno: Biz Books, ISBN 978-80-265-0036-0.
  • Cahlík, Tomáš; Hlaváček, Michal; Seidler, Jakub 2010. Makroekonomie. Praha: Karolinum.
  • Jurečka, Václav a kol. Makroekonomie. Praha: Grada.
Teaching methods
Lectures and seminars on the present form of the study, consultations on the distant form of the study. Students should attend at least 60 % of the tuitions, otherwise they receive substitute homework.
Assessment methods
The subject is finished by credit and exam. The acquiring of credit is necessary condition for student to be able to take the exam. The student acquire the credit if (s)he pass the numbers of tests that are given during semester. The exam is verbal. The exam question are published in IS (information system) with minimal exam standards (the minimum knowledge that student must know to be able to pass the exam).
Language of instruction
Czech
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: 12 hodin KS/semestr.
The course is also listed under the following terms Summer 2015, Summer 2016, Summer 2018, Summer 2019, Summer 2024, Summer 2025.

B_EK_2 Economy 2

University of Finance and Administration
Summer 2016
Extent and Intensity
2/2/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. Mgr. Ing. Petr Wawrosz, Ph.D. (lecturer)
Ing. Herbert Heissler (seminar tutor)
PhDr. Rafik Bedretdinov, CSc. (alternate examiner)
Ing. Michal Blahout, Ph.D. (alternate examiner)
Ing. Pavel Klička, PhD. (alternate examiner)
Ing. Bc. Jiří Mihola, CSc. (alternate examiner)
Mgr. Ing. Dominik Stroukal, Ph.D. (alternate examiner)
doc. Radim Valenčík, CSc. (alternate examiner)
Guaranteed by
doc. Radim Valenčík, CSc.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Ing. Barbora Ptáčková
Timetable of Seminar Groups
B_EK_2/cAPH: Wed 10:30–11:14 E126, Wed 11:15–12:00 E126, H. Heissler
B_EK_2/cKMO: Mon 10:30–11:14 M17, Mon 11:15–12:00 M17, R. Bedretdinov
B_EK_2/cKPH: Thu 14:00–14:44 E024, Thu 14:45–15:30 E024, except Thu 17. 3. ; and Thu 17. 3. 14:00–15:30 E124, P. Klička
B_EK_2/cMMO: each odd Wednesday 10:30–11:14 M17, each odd Wednesday 11:15–12:00 M17, each odd Wednesday 12:15–12:59 M17, each odd Wednesday 13:00–13:45 M17, R. Bedretdinov
B_EK_2/cPPPH: Tue 10:30–11:14 E128, Tue 11:15–12:00 E128, J. Mihola
B_EK_2/cPVPH: Thu 12:15–12:59 E227, Thu 13:00–13:45 E227, M. Blahout
B_EK_2/cVMO: Mon 12:15–12:59 M17, Mon 13:00–13:45 M17, R. Bedretdinov
B_EK_2/c1MPH: Wed 12:15–12:59 E227, Wed 13:00–13:45 E227, H. Heissler
B_EK_2/c2MPH: Wed 14:00–14:44 E227, Wed 14:45–15:30 E227, P. Klička
B_EK_2/c3MPH: Wed 12:15–12:59 E122, Wed 13:00–13:45 E122, P. Klička
B_EK_2/c4MPH: Wed 10:30–11:14 E024, Wed 11:15–12:00 E024, except Wed 6. 4. ; and Wed 6. 4. 10:30–12:00 E126, M. Blahout
B_EK_2/pAKPPPVPH: Tue 8:45–9:29 E007KC, Tue 9:30–10:15 E007KC, except Tue 22. 3. ; and Tue 22. 3. 8:45–10:15 E230, J. Mihola
B_EK_2/pKMVMO: Mon 8:45–9:29 M01, Mon 9:30–10:15 M01, P. Wawrosz
B_EK_2/pMPH: Tue 8:45–9:29 E004, Tue 9:30–10:15 E004, R. Valenčík
B_EK_2/vBSKPH: Fri 19. 2. 12:00–13:30 E024, Fri 4. 3. 13:45–15:15 E224, Fri 18. 3. 12:00–13:30 E024, Fri 1. 4. 13:45–15:15 E024, 15:30–17:00 E024, Sat 16. 4. 14:00–15:30 E024, H. Heissler
B_EK_2/vKMMO: Sat 12. 3. 9:45–11:15 M01, 11:30–13:00 M01, Fri 8. 4. 12:00–13:30 M01, 13:45–15:15 M01, Fri 22. 4. 12:00–13:30 M01, 13:45–15:15 M01, R. Bedretdinov
B_EK_2/vMPH: Fri 19. 2. 13:45–15:15 E222, 15:30–17:00 E222, Fri 4. 3. 15:30–17:00 E222, Sat 5. 3. 14:00–15:30 E222, Fri 18. 3. 13:45–15:15 E222, Fri 1. 4. 12:00–13:30 E222, H. Heissler
B_EK_2/vPPPH: Sat 20. 2. 9:45–11:15 E124, 11:30–13:00 E124, Sat 5. 3. 9:45–11:15 E225, 11:30–13:00 E225, Fri 18. 3. 17:15–18:45 E124, Fri 1. 4. 17:15–18:45 E124, P. Klička
B_EK_2/vVPH: Sat 20. 2. 14:00–15:30 E123, Fri 4. 3. 15:30–17:00 E128, 17:15–18:45 E128, Sat 19. 3. 14:00–15:30 E124, Sat 2. 4. 9:45–11:15 E123, 11:30–13:00 E123, P. Klička
Prerequisites
B_EK_1 Economy 1
The requirement for the completion of this course is completion of the course B_EK_1.
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
The aim of the subjects is to introduce students with economics on the bachelor level. The students will be able at the end of the course to understand: - the topic of factors of production including labor market on specific and aggregate level, the topic of unemployment including relationship between unemployment and inflation - the topic of market of loanable funds - the topic of external relationships (net export and net foreign investments) - the topisc of exchange rate - the topic of microeconomic reasons for government intervention - the topic of macroeconomic equilibrium and business cycle
Syllabus
  • 1. lecture: market of factors of production 2. lecture: labor market on specific and aggregate level, unemployment, relation between unemployment and inflation 3. lecture: Loanable market 4. lecture: Openness of economy, net export net capital flow, balance of payment 5. lecture: Exchange rate 6. lecture: Public goods, externalities and other microeconomic reasons for government intervention 7. lecture: Public goods, externalities and other microeconomic reasons for government intervention 8. lecture: macroeconomic equilibrium 9. lecture: short term business cycle 10. lecture: monetary policy, fiscal policy 12. lecture: revision
Literature
    required literature
  • HEISSLER, Herbet; VALENČÍK, Radim; WAWROSZ, Petr 2010. Mikroekonomie, základní kurz. Praha: VŠFS.
  • WAWROSZ, Petr; HEISSLER, Herbert; HELÍSEK, Mojmír; MACH, Petr . Makroekonomie základní kurz. 1. vydání. Praha : Vysoká škola finanční a správní, o.p.s., 2012. 360 s. Edice EUPRESS. ISBN 978-80-7408-059-3.
    recommended literature
  • Schwanberg, August 2012. Makroekonomie bez předchozích znalostí. Brno: Biz Books, ISBN 978-80-265-0036-0.
  • Cahlík, Tomáš; Hlaváček, Michal; Seidler, Jakub 2010. Makroekonomie. Praha: Karolinum.
  • Jurečka, Václav a kol. Makroekonomie. Praha: Grada.
Teaching methods
Lectures and seminars on the present form of the study, consultations on the distant form of the study. Students should attend at least 60 % of the tuitions, otherwise they receive substitute homework.
Assessment methods
The subject is finished by credit and exam. The acquiring of credit is necessary condition for student to be able to take the exam. The student acquire the credit if (s)he pass the numbers of tests that are given during semester. The exam is verbal. The exam question are published in IS (information system) with minimal exam standards (the minimum knowledge that student must know to be able to pass the exam).
Language of instruction
Czech
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: 12 hodin KS/semestr.
The course is also listed under the following terms Summer 2015, Summer 2017, Summer 2018, Summer 2019, Summer 2024, Summer 2025.

B_EK_2 Economy 2

University of Finance and Administration
Summer 2015
Extent and Intensity
2/2. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
PhDr. Rafik Bedretdinov, CSc. (seminar tutor)
Ing. Michal Blahout, Ph.D. (seminar tutor)
Ing. Herbert Heissler (seminar tutor)
Ing. Pavel Klička, PhD. (seminar tutor)
Ing. Bc. Jiří Mihola, CSc. (seminar tutor)
doc. Radim Valenčík, CSc. (seminar tutor)
doc. Mgr. Ing. Petr Wawrosz, Ph.D. (seminar tutor)
Ing. Jiří Vataha (alternate examiner)
Guaranteed by
doc. Radim Valenčík, CSc.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Tamara Urbánková
Timetable of Seminar Groups
B_EK_2/cAPH: Wed 15:45–16:29 E129, Wed 16:30–17:15 E129, P. Klička
B_EK_2/cMMO: Wed 12:15–12:59 M17, Wed 13:00–13:45 M17, R. Bedretdinov
B_EK_2/cM1PH: Thu 12:15–12:59 E122, Thu 13:00–13:45 E122, M. Blahout
B_EK_2/cM2PH: Wed 14:00–14:44 E227, Wed 14:45–15:30 E227, H. Heissler
B_EK_2/cM3PH: Thu 12:15–12:59 E222, Thu 13:00–13:45 E222, R. Bedretdinov
B_EK_2/cPPPH: Wed 17:30–18:14 E129, Wed 18:15–19:00 E129, P. Klička
B_EK_2/cPVPH: Wed 15:45–16:29 E227, Wed 16:30–17:15 E227, H. Heissler
B_EK_2/cVMO: Wed 14:00–14:44 M17, Wed 14:45–15:30 M17, R. Bedretdinov
B_EK_2/pAPPPVPH: Wed 14:00–14:44 E306, Wed 14:45–15:30 E306, R. Valenčík
B_EK_2/pMPH: Wed 12:15–12:59 E004, Wed 13:00–13:45 E004, R. Valenčík
B_EK_2/pMVMO: Tue 17:30–18:14 M01, Tue 18:15–19:00 M01, P. Wawrosz
B_EK_2/uMPH: Tue 10. 2. 14:00–15:30 E123, Tue 24. 2. 15:45–17:15 E123, Tue 10. 3. 15:45–17:15 E123, Tue 24. 3. 14:00–15:30 E123, Tue 7. 4. 15:45–17:15 E123, Tue 21. 4. 14:00–15:30 E123, H. Heissler
B_EK_2/vAPH: Fri 13. 2. 15:30–17:00 E124, Fri 27. 2. 15:30–17:00 E123, Sat 28. 2. 9:45–11:15 E122, 11:30–13:00 E122, Fri 27. 3. 12:00–13:30 E123, Fri 10. 4. 12:00–13:30 E125, P. Klička
B_EK_2/vMPH: Fri 13. 2. 15:30–17:00 E123, Sat 28. 2. 9:45–11:15 E123, 11:30–13:00 E123, Fri 13. 3. 15:30–17:00 E123, Sat 28. 3. 9:45–11:15 E123, 11:30–13:00 E123, R. Bedretdinov
B_EK_2/vVPH: Fri 13. 2. 17:15–18:45 E127, Fri 27. 2. 13:45–15:15 E127, Fri 13. 3. 13:45–15:15 E127, Fri 27. 3. 15:30–17:00 E127, Sat 11. 4. 9:45–11:15 E127, 11:30–13:00 E127, P. Klička
Prerequisites
B_EK_1 Economy 1
The requirement for the completion of this course is completion of the course B_EK_1.
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
The aim of the subjects is to introduce students with economics on the bachelor level. The students will be able at the end of the course to understand: - the topic of factors of production including labor market on specific and aggregate level, the topic of unemployment including relationship between unemployment and inflation - the topic of market of loanable funds - the topic of external relationships (net export and net foreign investments) - the topisc of exchange rate - the topic of microeconomic reasons for government intervention - the topic of macroeconomic equilibrium and business cycle
Syllabus
  • 1. lecture: market of factors of production 2. lecture: labor market on specific and aggregate level, unemployment, relation between unemployment and inflation 3. lecture: Loanable market 4. lecture: Openness of economy, net export net capital flow, balance of payment 5. lecture: Exchange rate 6. lecture: Public goods, externalities and other microeconomic reasons for government intervention 7. lecture: Public goods, externalities and other microeconomic reasons for government intervention 8. lecture: macroeconomic equilibrium 9. lecture: short term business cycle 10. lecture: monetary policy, fiscal policy 12. lecture: revision
Literature
    required literature
  • WAWROSZ, Petr; HEISSLER, Herbert; HELÍSEK, Mojmír; MACH, Petr . Makroekonomie základní kurz. 1. vydání. Praha : Vysoká škola finanční a správní, o.p.s., 2012. 360 s. Edice EUPRESS. ISBN 978-80-7408-059-3.
  • HEISSLER, Herbet; VALENČÍK, Radim; WAWROSZ, Petr 2010. Mikroekonomie, základní kurz. Praha: VŠFS.
    recommended literature
  • Cahlík, Tomáš; Hlaváček, Michal; Seidler, Jakub 2010. Makroekonomie. Praha: Karolinum.
  • Jurečka, Václav a kol. Makroekonomie. Praha: Grada.
  • Schwanberg, August 2012. Makroekonomie bez předchozích znalostí. Brno: Biz Books, ISBN 978-80-265-0036-0.
Teaching methods
Lectures and seminars on the present form of the study, consultations on the distant form of the study. Students should attend at least 60 % of the tuitions, otherwise they receive substitute homework.
Assessment methods
The subject is finished by credit and exam. The acquiring of credit is necessary condition for student to be able to take the exam. The student acquire the credit if (s)he pass the numbers of tests that are given during semester. The exam is verbal. The exam question are published in IS (information system) with minimal exam standards (the minimum knowledge that student must know to be able to pass the exam).
Language of instruction
Czech
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: 12 hodin KS/semestr.
The course is also listed under the following terms Summer 2016, Summer 2017, Summer 2018, Summer 2019, Summer 2024, Summer 2025.
  • Enrolment Statistics (recent)