Course syllabus VSH - Vývoj světového hospodářství (FBE - SS 2019/2020)

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Course code:
Course title in Czech:
Vývoj světového hospodářství
Course title in English:
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SS 2019/2020
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: bachelor
Course type: required
Type of delivery:
usual, consulting
Mode of delivery for our mobility students abroad:
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Language of instruction:
Course supervisor:
Course supervising department:
Ing. Michal Mádr, Ph.D. (examiner, instructor, lecturer, supervisor)
Timetable in this semester:
Q16M. MádrLectureEvery week
Odd week30
Aim of the course and learning outcomes:
The course deals with the development of world economy since the half of 19th century to the present. The aim of course is to students will be able to understand to economic development in the major economic centres in a broader political and historical context.

Course content:
Stages in the world economy development (allowance 4/2)
Development of the world economy until 1945 (world economy before the First Industrial Revolution; the First and the Second Industrial Revolutions; economic consequences of the WWI; the Interwar period and Great Depression)
Development of the world economy since 1945 (economic consequences of the WW2 and the Post-war reconstruction; development in 50s and 60s; oil shocks in 70s; the Neo-conservative turn; economic development at the beginning of the new millennium; quantitative comparison of the economic centres)

Economic development in the most important economies (allowance 14/7)
Economic development in the United Kingdom (dominant position of Great Britain in 19th century; postwar economic crisis in 1920s; Stop-go policy; The British disease; Thatcherism; New Labour)
Economic development in the USA (cause of economic success; New Deal; position of USA since the WW2; Reaganomics; the Dot-com Bubble)
Economic development in Germany (Germany as industrial power before the WW1; hyperinflation in 1920s; war economy; Ordoliberalism and Erhard’s reform; the Post-war Economic Miracle; Kohl’s era; economic consequences of German reunification; current position of Germany in the European economy)
Economic development in France (economic situation at the turn of 19th and 20th century; indicative planning; France in the European integration process; current position of France in the European economy)
Economic development in Russia/USSR (Abolition of serfdom; Stolypin agrarian reforms; War Communism; the New Economic Policy; Collectivization and Industrialization; war economy; Council for Mutual Economic Assistance; Perestroika; economic transformation in 90s; current position of Russia in the world economy)
Economic development in Japan (the beginning of industrialization; militarization of Japanese economy; Japanese Economic Miracle; structural policy and indicative planning; “Lost Decade” in 90s; long-term problems of Japanese economy; position of Japan in the world economy)
Economic development in China (Chinese economy before 1949; characteristics of Chinese centrally planned economy; reforms after 1978 and their results; position of China in the world economy)

3.Economic development in Czechoslovakia/Czech Republic (allowance 4/2)
Czechoslovakia before 1948 (Czech economy within Austria-Hungary; Rašín’s curency reform; consequences of the Great Depression; Protectorate of Bohemia and Moravia; nationalization of key industry in 1945; the Two-year plan for 1947-1948)
Czechoslovakia 1948-1992 and transformation of the Czech economy (characteristics of Czechoslovak centrally planned economy; the First five-year plan; Currency reform of 1953; brief overview of the individual five-year plans; evaluation of the individual characteristics of CPEs; economic transformation of Czechoslovak economy; the Czech currency crisis of 1997; accession to the EU)

Long-term trends in world economy (allowance 6/3)
a.Long-term trends in world economy I. (globalization; long-term economic growth; integration and disintegration tendencies)
Long-term trends in world economy II. (political and institutional changes; technological and structural changes)
Long-term trends in world economy III. (demographic development; increasing role of the state in national economies)

Learning activities and teaching methods:
Type of teaching methodDaily attendance
28 h
14 h
preparation for exam
40 h
preparation for regular assessment
6 h
writing of seminar paper24 h
Total112 h
Assessment methods:
The student has to draw up seminar paper and get non-zero score from the seminar paper (max. 10 points). The ongoing work at seminars can be evaluated up to 10 points.

The course is finished by written exam. For the written exam can receive up to 30 points. To pass the written exam, it is necessary to have at least 18 points, it means 60%. The final grade is the sum of points obtained for ongoing work at seminars (activity and seminar paper) and written exam. If student is interested in improving their final grade, then can take oral exam. At the oral examination the student draws one question.

In the case of a student's fraudulent behaviour, during drawing up seminar paper or during written or oral exam, the student will be evaluated by "F" and the matter will be referred to the Disciplinary Board.

Conditions for a foreign trip:
A student of a full-time form can enrol on the course during a foreign trip. The condition for obtaining the credit is the same, it means that the student has to draw up seminar paper and get non-zero score from the seminar paper (max. 10 points). The student finishes the course by written exam (see Exam requirements). Within the resulting mark points obtained from seminar paper are taken into account.
Assessment criteria ratio:
Requirement type
Daily attendance
0 %
Recomended reading and other learning resources:
ŽÍDEK, L. Dějiny světového hospodářství. 2nd ed. Plzeň: Vydavatelství a nakladatelství Aleš Čeněk, 2009. 397 p. ISBN 978-80-7380-184-7.

GRAFF, M. -- KENWOOD, A G. -- LOUGHEED, A L. Growth of the international economy, 1820-2015. London: Routledge, 2014. 368 p. ISBN 978-0-415-47610-2.
SIRŮČEK, P. et al. Hospodářské dějiny a ekonomické teorie: (vývoj, současnost, výhledy). 1st ed. Slaný: Melandrium, 2007. 511 p. ISBN 978-80-86175-53-9.
MADDISON, A. Contours of the World Economy, 1-2030 AD: Essays in Macro-Economic History. Oxford: Oxford University Press, 2007. 432 s. ISBN 978-0-199-22720-4.

Course listed in study plans for this semester:
Track SBPE International Political Economy, full-time form, initial period WS 2018/2019
Course listed in previous semesters:
Teaching place:

Last modification made by Ing. Jiří Gruber on 02/11/2020.

Type of output: