Course: Development of Economic Theories

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Course title Development of Economic Theories
Course code UEV/KVET
Organizational form of instruction Lecture
Level of course Master
Year of study 2
Semester Summer
Number of ECTS credits 4
Language of instruction Czech
Status of course Compulsory-optional
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.
Course content
Attributes of economics as a science. Interconnection of economic thinking with philosophy and ethics. Mercantilists, natural law philosophers, physiocrats. Classic political economics and Adam Smith's work. Great schism and marginal revolution. Schools grown from marginal revolution. Austrian school. American institutionalism and new institutional economics. John Maynard Keynes and Keynesianism. Further development of Keynesianism. Schools of anti-Keynesian revolution. "Chicago School" and its representatives. School of public choice. Actual situation and problems of contemporary standard economics.

Learning activities and teaching methods
Monologic (reading, lecture, briefing), Dialogic (discussion, interview, brainstorming), Work with text (with textbook, with book)
Learning outcomes
The aim of the course is to acquaint the students with complex overview of genesis and development of particular economic schools on the basis of understanding period socioeconomic circumstances of genesis, decline or modification of particular economic theories.
Students will understand causes of genesis, eventually decline, development and content of the key theories of economic directions or schools, furthermore, they will be able to compare alternative theories with the theory of "mainstream" economic thinking and understand methodological differences, its causes and reflex in the economic-political practice.
Prerequisites
unspecified

Assessment methods and criteria
Written examination, Home assignment evaluation, Student performance assessment

The condition for granting the examination is completion and submission of all correspondence tasks in required extent and time and passing the written test.
Recommended literature
  • FUCHS, K., LISÝ, J.:. Hlavní směry ekonomického myšlení (do vzniku neoklasické ekonomie). Brno: Masarykova Univerzita v Brně, 2000.
  • HOLMAN, R. A KOL.:. Dějiny ekonomického myšlení. Praha: C.H. Beck, 1999.
  • SIRŮČEK, P.:. Průvodce dějinami standardních ekonomických teorií. Slaný: Melandrium, 2003. Slaný: Melandrium, 2003.
  • SOJKA, M. A KOL.:. Dějiny ekonomických teorií. Praha: Karolinum, 2002.
  • VOLEJNÍKOVÁ, J.:. Moderní kompendium ekonomických teorií. Praha: Profess Consulting, 2005.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Economics and Administration Study plan (Version): Economics of Public Sector (2013) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Economics of Public Sector (2016) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Economics of Public Sector (2014) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Economics and Enterprise Management (2013) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Economics and Enterprise Management (2014) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Economics and Enterprise Management (2015) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer