Course syllabus VSH - Vývoj světového hospodářství (FBE - SS 2017/2018)

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Course code:
Course title in Czech:
Vývoj světového hospodářství
Course title in English:
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SS 2017/2018
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:
Course type:
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. Aleš Franc, Ph.D. (lecturer, supervisor)
doc. Ing. Luděk Kouba, Ph.D. (examiner, instructor, lecturer)
Ing. Michal Mádr, Ph.D. (examiner, instructor, lecturer)
Prerequisites: not Final Bachelor Exam
Timetable in this semester:
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Aim of the course and learning outcomes:
The course aims to equip students with knowledge about the development of world economy since the late 19th century to the present. By the end of the course students should be able to understand to economic development in the major economic centers in a broader political and historical context.

Course content:
Stages in the world economy development (allowance 6/3)
Crucial trends and long-term changes in the world economy (integration and disintegration tendencies, institutional changes, structural changes, changes in the mobility of production factors)
Development of the world economy (economic situation before the WW1, the interwar period, post-war development, the economic crisis of the 70s, 80s, 90s and the new millennium, quantitative comparison of the economic centers)

2.International monetary system (allowance 2/1)
Gold standard theory, its practical operation, Bretton Woods system of monetary management, its problems and demise, the post Bretton Woods monetary arrangement

Economic development in the USA (allowance 4/2)
a.Situation before the WW1, boom during 20s, Great Depression and the New Deal, post-war development, crisis of the 70s, Reaganomics, 90s and the present

European center (allowance 8/4)
United Kingdom (UK position in the world economy, economic development during 20s, Great Depression, post-war development (keynesian period), Thatcherism, New Labour)
Germany (economic development until WWI, hyperinflation during 20s, Great Depression and its consequences, the war economy, concept of ordoliberalism, economic reforms of L. Erhard, sources of the "economic miracle" Keynesian period, economic development under H. Kohl, the unification of Germany and its economic consequences)
Sweden (Sweden during the early 20th , the interwar period ( foundation of the welfare state), post-war development (golden age of the welfare state), crisis of Swedish model in the early 90s)
France (initial economic situation, the Great Depression and World War II, post-war development, indicative planning, leftist turnover and turbulences in the 80s, recent trends)

Asian center (allowance 4/2)
Japan (the beginning of industrialization, the economic development after WWII, structural policy and indicative planning, the causes of the economic miracle, the crisis of the 90s, recent trends)
b.China (initial economic situation, economic development after WWII, 1978 reforms and their results, current position in the world economy)

6.Centrally planned economies (allowance 4/2)
Russia and the USSR (Russia until WWI, the war communism and the new economic policy, economic development after WWII, disintegration of the USSR, current development)
Other centrally planned economy (economic development after WWII, the causes of inefficiency of CPEs, economic transformation)

Learning activities and teaching methods:
Type of teaching method
Daily attendance
lecture28 h
14 h
preparation for exam32 h
preparation for regular assessment
14 h
elaboration and execution of projects
24 h
112 h
Assessment methods:
Credit is awarded on the basis of the ongoing work at seminars (project presentation and activity). The exam is in the form of written test. Students should to reach 50 % of points to pass the exam.
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. 368 p. ISBN 978-0-415-47609-6.
CIHELKOVÁ, E. et al. Světová ekonomika: obecné trendy rozvoje = World economy : general trends in its development. 1st ed. Praha: C.H. Beck, 2009. 273 p. Beckova edice ekonomie. ISBN 978-80-7400-155-0.

Course listed in study plans for this semester:
Track SBPE International Political Economy, full-time form, initial period WS 2016/2017
Course listed in previous semesters:
SS 2019/2020, WS 2019/2020, SS 2018/2019, SS 2016/2017, WS 2016/2017 (and older)
Teaching place:

Last modification made by Ing. Jiří Gruber on 12/05/2017.

Type of output: