Sylabus předmětu HPO1 - Economic Policy I (FBE - WS 2017/2018)

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Course code: HPO1
Course title in Czech: Economic Policy I
Course title in English:
Economic Policy I
WS 2017/2018
Mode of completion and number of credits:
Exam (6 credits)
Mode of delivery and timetabled classes:
full-time, 2/1 (hours of lectures per week / hours of seminars per week)
part-time, 16/0 (lectures per period / seminars per period)
Level of course: bachelor
Course type:
Type of delivery:
Mode of delivery for our mobility students abroad: -- item not defined --
Language of instruction: Czech
Course supervisor:
Course supervising department: Department of Economics (FBE)
Timetable in this semester:
-- item not defined --
Aim of the course and learning outcomes:
The aim of this course is to appraise students of bases of economic policy. The course is concerned about creation and application of economic policy by central organs of state (central bank, government etc.) or by regional authorities. The course enlarges economic knowledge acquired in courses of microeconomics and macroeconomics. Students should understand the meaning of economic policy measures and deduce their impact on economic subjects and entire economy.
Course content:
Definition of economic policy - relationship between theory and practice use; formulation of goals of economic policy, subjects, instruments, restrictions etc. (allowance 6/3)
Macroeconomic policy (allowance 8/5)
Fiscal policy - instruments and their use, government budget, deficit and methods of solving it, public debt.
Monetary policy - independence of central bank, modes of monetary policy, instruments of monetary policy and its use.
Economic policy in open economy - instruments, its use, balance of payment.

Policies in between of macroeconomic, microeconomic and social policy (allowance 2/1)
Labour policy - market failures on labour market, active and passive labour policy.

4.Microeconomic policy (allowance 2/1)
Anti-trust policy - definition of relevant market, selected market failures, microeconomic aspects of market barriers.

5.Social policy (allowance 4/2)
Definition of social policy (broader and narrower), its role in economy, types of social policy.
Policy of social security - systems of social insurance, state relief of the poor and social services.

Other selected policies with heavy impact on economy (allowance 4/2)
Health policy - its aims, instruments and significance for the economy.
b.Education policy - its aims, instruments and significance for the economy.

Economic policy interdisciplinarity and relationship between types of economic policy. The role of regions and connection with supranational organisations. (allowance 2/0)
Learning activities and teaching methods:
Type of teaching method
Daily attendance
Combined form
28 h
16 h
14 h
0 h
consultation0 h
20 h
preparation for exam
60 h
132 h
preparation for regular assessment
10 h
0 h
preparation for regular testing
20 h
0 h
preparation of presentation
10 h0 h
writing of seminar paper
26 h
0 h
Total168 h
168 h
Assessment methods:
Student has to pass an exam. Full-time students have to acquire a credit before passing the examination.
Student must acquire at least 30 points from 50. There are three ways points should be acquired: midterm test (max 30 p.), writing a paper (10 p.) and presentation of the paper (10 p.). There is one opportunity to repair credit - repetition of midterm test. Presentation and the paper cann't be repeated.
Midterm test is composed of test and open questions.

The exam consists of two parts - written and oral. Student can acquire 30 points from written part in maximum. He/she needs at least 18 points. Points acquired in written part (for full-time student plus points obtained by credit) are reflected in the final evaluation. At the oral examination the student balloted one question (one more when first isn't satisfactorily answered). The examiner asks another questions.
If student doesn't acquire minimal needed points at written part or if he/she doesn't satisfactorily answer questions at oral part, he/she must repeat the exam. There is first and second resit.
Assessment criteria ratio:
Requirement type
Daily attendance
Combined form
0 %
0 %
Recomended reading and other learning resources:
DUŠKOVÁ, J. Hospodářská politika I: úvodní kurz. 1st ed. 136 p. ISBN 978-80-7375-747-2.

BÉNASSY-QUÉRÉ, A. a kol. Economic policy: theory and practice. Oxford University Press, 2010. 709 p. ISBN 978-0-19-532273-6.
KLIKOVÁ, C. -- KOTLÁN, I. a kol. Hospodářská politika. 3rd ed. Ostrava: Institut vzdělávání Sokrates, 2012. 293 p. ISBN 978-80-86572-76-5.
KREBS, V. a kol. Sociální politika. 5th ed. Praha: Wolters Kluwer ČR, a. s., 2010. 544 p. ISBN 978-80-7357-585-4.
SLANÝ, A. Makroekonomická analýza a hospodářská politika. C.H. Beck, 2003. 375 p. ISBN 80-7179-738-3.
TOMEŠ, Z. a kol. Hospodářská politika: 1900-2007. 1st ed. V Praze: C.H. Beck, 2008. 262 p. Beckovy ekonomické učebnice. ISBN 978-80-7400-002-7.

Course listed in study plans for this semester:
-- item not defined --
Course listed in previous semesters:
Teaching place:

Last modification made by Ing. Jiří Gruber on 10/18/2017.

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