N_HTP Economic Theory and Policy

University of Finance and Administration
Summer 2020
Extent and Intensity
3/0. 5 credit(s). Type of Completion: zk (examination).
Ing. Bc. Jiří Mihola, CSc. (seminar tutor)
Guaranteed by
Ing. Bc. Jiří Mihola, CSc.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Bc. Kamila Procházková
Timetable of Seminar Groups
N_HTP/pVMO: each odd Tuesday 10:30–11:14 M15, each odd Tuesday 11:15–12:00 M15, each odd Tuesday 12:15–12:59 M15, each odd Tuesday 13:00–13:45 M15 and each even Tuesday 14:00–14:44 M15, each even Tuesday 14:45–15:30 M15, J. Mihola
N_HTP/vVKV: Fri 28. 2. 14:00–15:30 KV308, 15:45–17:15 KV308, Fri 13. 3. 15:45–17:15 KV211, 17:30–19:00 KV211, Fri 27. 3. 14:00–15:30 KV211, 15:45–17:15 KV211, J. Mihola
There are no prerequisites for this course
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
At the end of this course the student will be able to understand and explain the economic policy of the government as a conscious activity, carried out with the aim of influencing the development   management, intervention in market systems, where it manifests as a delayed reaction systems not stimuli stemming from   government decision-making, as well as the effects of inconsistency specific decisions, respectively. contradiction. Economic policy as aggregate term that represents a wide variety of specific policies, tools, measures and actions which are government plans put into practice. The goal is to understand the system, its operation and its possibilities, as well as the ability to obtain at least a basic evaluation of economic development.
Learning outcomes
Student will be able to: - define the main objectives and tools of economic theory and politics as interdisciplinary sciences; - knows the major milestones in the history of economic theories and key economies; - can assess the importance of human resources and know key human resource management tools; - can accurately distinguish extensive and intense development and know what is an indicator of intensity; - can judge the position of an individual as part of society and knows what ethics is; - is capable of international comparison and is able to express its views on the current challenges of the world economy
  • 1 Objectives of economic policy and the relationship between these objectives. Instrument of economic policy. Relations between tools and fairies economic policy. Holders of economic policy. Institutional environment. The concept of economic policy (statist, liberal, centrally directive, interventionist neoliberal). 2 Economic growth, inflation and unemployment. 3 The economic cycle. Stage of economic and political decision-making and time delays. Policy-making competition. Monopoly and antitrust legislation. State regulation and deregulation. Stabilization policy and its concept. 4 Fiscal and tax policy. State budget and public finance system. Government debt, its origin and solution. Monetary policy. 5 External economic policy (trade policy, exchange rate policy). Consistency and outer conflict and inner balance. "Magic Quad". Expansive and restrictive economic policy. 6 Structural policy. Structural crisis. The process of structural change. Strategy for structural policy. Structural policy and public sector.   Structural policy in multinational environment. 7 Social Policy. Socio-political doctrine (pre-Marxist and Marxist socialism, conservatism, Catholic social teaching, democratic socialism. 8 Economic Policy and the world economy (the international monetary system, economic policy coordination, economic policy   conditions of European Union). 9 Economic Policy in   centrally directive system. 10 Basic overview of the development of economic policy in the years   1900-2010   in the USA, Great Britain and Germany  . 11 Basic overview of the development of economic policy in the years   1900-2010   in Russia (USSR) and   China. 12 Basic overview of the development of economic policy in the years   1918-2010   in Czechoslovakia, respectively.   in the Czech Republic.
    required literature
  • WAWROSZ, Petr and Mojmír HELÍSEK. Makroekonomie. Středně pokročilý kurz (Macroeconomics. Intermediate course). první. Praha: Vysoká škola finanční a správní, 2017, 61 pp. ISBN 978-80-7408-149-1. info
  • SLANÝ, A. and M. ŽÁK. Hospodářská politika. 1.vydání. Praha: C.H.Beck, 1999. ISBN 80-7179-237-3. info
    recommended literature
  • Tomeš, Z. a kol.: Hospodářská politika 1900-2007, Praha, C.H.Beck 2008
  • BLAŽEK, Jiří, Herbert HEISSLER, Jan KUBÍČEK, Dana VIKTOROVÁ a Petr WAWROSZ. Ekonomie, právo a hospodářská politika v českém prostředí. Vyd. 1. Praha: Wolters Kluwer Česká republika, 2012, 392 s. ISBN 978-80-7357-847-3.
  • HELÍSEK, Mojmír. Prochází euro krizí? In Hospodářská politika v členských zemích EU. Karviná: OPF SU, 2012, p. s. 153-158. ISBN 978-80-7248-780-6. info
Teaching methods
Lecture, in which the theoretical knowledge gained self-compulsory and recommended literature deepened interpretation and answering queries. Exercise, in which they discussed specific effects of economic policy. Guided group consultation, which runs review the current knowledge, further discussion on the optimality of the implemented measures. The method of assessment is credit. Is a prerequisite for mastering pídemného test in the evaluation of student answer any additional questions the teacher.
Assessment methods
Credit based on the defense of two seminar papers.
Language of instruction
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 2019, Summer 2021, Summer 2022.
  • Enrolment Statistics (Summer 2020, recent)
  • Permalink: https://is.vsfs.cz/course/vsfs/summer2020/N_HTP