Course: Economics III

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Course title Economics III
Course code FES/HEKOM
Organizational form of instruction Lecture + Seminar
Level of course Doctoral
Year of study not specified
Semester Winter and summer
Number of ECTS credits 15
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)
  • Volejníková Jolana, doc. Ing. Ph.D.
  • Provazníková Romana, doc. Ing. Ph.D.
Course content
Contemporary standard microeconomics (mainstream) paradigm, methodology, development and reflection in economic and political practice. Rationality in consumer behavior and its development trends. Model of perfect competition. Imperfect competition in the conditions of the Czech economy. Labor market and development trends in connection with globalization processes. New manifestations of market failure and their solutions. An alternative theory of consumption and savings. More advanced investment analysis. Money demand and money supply in the context of contemporary economic theory. Aggregate demand in an open economy and principles of operation of an open economy. Monetarist concept of influencing the exchange rate. International adjustment and interrelationships of economies.

Learning activities and teaching methods
unspecified
Learning outcomes
The aim of the subject is to raise the level of students' economic thinking, to familiarize them with the latest findings in the field of microeconomic and macroeconomic theory (in the context of their professional focus) and to deepen the ability to apply economic theory to economic practice. The student should demonstrate the ability to apply an interdisciplinary approach and apply his profile knowledge in the field of microeconomics and macroeconomics.
The student should demonstrate the ability to apply an interdisciplinary approach and apply his profile knowledge in the field of microeconomics and macroeconomics.
Prerequisites
Knowledge of standard subjects at the level of Microeconomics II. and Macroeconomics II. (state final exam in the subjects Microeconomics II and Macroeconomics II).

Assessment methods and criteria
unspecified
Presentation of a selected macro- and microeconomic phenomenon, argumentation within the discussion. The exam is oral, during which the student can explain completely, correctly and in broad contexts selected macroeconomic and microeconomic problem and discuss it.
Recommended literature
  • BAŽANTOVÁ, I. a kol. Ekonomie regulace - nové projevy tržních selhání a způsoby jejich řešení.. Praha: Nakladatelství Vladimír Lelek, 2013. ISBN 978-80-904837-3-6.
  • BAŽANTOVÁ, I. a kol. Ekonomie regulace - velké korporace.. Praha: Nakladatelství Vladimír Lelek, 2012. ISBN 978-80-904837-2-9.
  • BLANCHARD,O. Macroeconomics. 2nded.. New Jersey: Prentice Hall International, 2000.
  • DORNBUSCH, R. FISCHER, S. Macroeconomics.. 6th New York: McGraw Hill, 1990. ISBN 0-07-017844-5.
  • DORNBUSCH, R. FISCHER, S. Makroekonomie.. Praha: SPN a nadace Economics., 1994. ISBN 80-04-25556-6.
  • GÄRTNER, M. Macroeconomics.. 2nd ed. Prentice Hall, 2006. ISBN 0-273-70460-5.
  • GRAVELLE,H.,RESS,R. Microeconomics. 2nded. London and New York: Longman, 1992.
  • KRAFT, J., FÁREK, J.:. Světová ekonomika. Liberec: Technická Univerzita v Liberci, 2003. Liberec: TU, 2003.
  • Mach, M. Makroekonomie III- pokročilejší analýza (3. část).. Slaný: Melandrium, 2002.
  • MAS-COLELL,A. Microeconomics Theory.. New York: Oxford University press, 1995.
  • MATHIS, S., KOSCIANSKI, J. Microeconomic Theory: an integrated approach.. New Jersey: Pearson Education, Inc.,Upper Saddle River, 2002. ISBN 0-13-011418-9.
  • ROMER,D. Advanced Macroekonomics.. New York: Mc Graw-Hill, 1996.
  • SEKERKA, B. Mikroekonomie matematické a kvantitativní základy.. Praha: Profess Consulting, 2002.
  • SOUKUPOVÁ, J. a kol. Mikroekonomie.. 5. vyd., Praha: Management Press, 2011. ISBN 978-80-7261-218-5.
  • VARIAN,H.R. Microeconomic Analysis.. New York: W.W.Norton and Company, 1992.


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