Course syllabus HPO - Economic Policy II (FBE - WS 2020/2021)

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Course code: HPO
Course title in Czech:
Economic Policy II
Course title in English:
Economic Policy II
WS 2020/2021
Mode of completion and number of credits:
Exam (4 credits)
Mode of delivery and timetabled classes:
full-time, 2/1 (hours of lectures per week / hours of seminars per week)
Level of course: master continuing
Course type:
Type of delivery:
usual, consulting
Mode of delivery for our mobility students abroad:
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Language of instruction:
Course supervisor: doc. Ing. Luděk Kouba, Ph.D.
Course supervising department:
doc. Ing. Luděk Kouba, Ph.D. (examiner, lecturer, supervisor)
Ing. Michal Mádr, Ph.D. (examiner, instructor)
Timetable in this semester:
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Aim of the course and learning outcomes:
Upon completion of the course, the students should be able to describe the consequences of the main instruments of economic policy and explain their transmission channels. The students should also be able to discuss current economic problems and suggest possible solutions.
Course content:
The role of the state in the economy. Theoretical concepts of economic policy (allowance 4/2)
Internatinal aspects of economic policy (allowance 2/1)
Coordination of economic activities. The role of institutions in economic policy (allowance 2/1)
4.Fiscal policy & Great recession (allowance 4/2)
5.Monetary policy & Great recession (allowance 4/2)
International financial integration and exchange-rate policy (allowance 4/2)
Tax policy (allowance 2/0)
8.Growth policies (allowance 2/0)
Redistribution and income inequality (allowance 2/2)
Labor market and employment structure changes (allowance 2/2)
Learning activities and teaching methods:
Type of teaching method
Daily attendance
lecture28 h
14 h
2 h
preparation for exam
33 h
preparation for regular assessment
15 h
preparation for regular testing
20 h
Total112 h
Assessment methods:
The course is completed by a final written exam (or e-test) covering the whole content of the course. To obtain the credit, the student must pass ongoing test (written or e-test) during the semester. The final evaluation reflects final test (50%), ongoing test (30%) and activity during the semester (20%).
Assessment criteria ratio:
Requirement type
Daily attendance
Active lecture/seminar/workshop/tutorial participation20 %
Mid-term test(s)
30 %
Final test50 %
100 %
Recomended reading and other learning resources:
BREINEK, P. Hospodářská politika II: středně pokročilý kurz. 2nd ed. Brno: Mendelova univerzita v Brně, 2012. 161 p. ISBN 978-80-7375-647-5.
BÉNASSY-QUÉRÉ, A. -- JACQUET, P. -- PISANI-FERRY, J. Economic policy: theory and practice. New York, NY: Oxford University Press, 2019. 680 p. ISBN 978-0-19-091210-9.

ACEMOGLU, D. Introduction to modern economic growth. Princeton: Princeton University Press, 2009. 990 p. ISBN 978-0-691-13292-1.
PIKETTY, T. Capital in the Twenty-First Century. -: MA: Belknap Press, 2014. 697 p.
MANKIW, N G. Macroeconomics. 7th ed. New York, NY: Worth Publishers, 2009. 598 p. ISBN 978-1-4292-1887-0.

Course listed in study plans for this semester:
Field of study C-EPA-FIM Finance and Investment Management, full-time form, initial period WS 2019/2020
Field of study C-EPA-FIM Finance and Investment Management, full-time form, initial period SS 2019/2020
Field of study C-EPA-UAD Accounting and Taxes, full-time form, initial period SS 2019/2020
Field of study C-EPA-UAD Accounting and Taxes, full-time form, initial period WS 2020/2021
Course listed in previous semesters: WS 2019/2020, SS 2018/2019, WS 2018/2019, WS 2017/2018, SS 2016/2017, WS 2016/2017 (and older)
Teaching place: Brno

Last modification made by Ing. Bc. Martin Machay, Ph.D. on 06/03/2020.

Type of output: