Course syllabus HPO1 - Economic Policy I (FBE - WS 2020/2021)

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Course code:
Course title in Czech:
Economic Policy I
Course title in English:
Economic Policy I
Semester: WS 2020/2021
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:
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Language of instruction: Czech
Course supervisor: Ing. Aleš Franc, Ph.D.
Course supervising department:
Department of Economics (FBE)
Faculty of Business and Economics
Ing. Aleš Franc, Ph.D. (examiner, instructor, lecturer, supervisor)
Timetable in this semester:
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Aim of the course and learning outcomes:
The aim of the course is to explain the most important economic policies, their goals, instruments and their functioning in the context of changing economic environment. The logic of the course is based on three general functions of economic policy (stabilization, allocation and redistribution) resulting in specific economic policies. Students should be aware of the opportunities and risks of economic policy in solving a particular problem and be able to discuss the future direction of economic policy.
Course content:
Introduction to economic policy (allowance 2/1)
Limits of economic policy (allowance 2/1)
Introduction to macroeconomic analysis (allowance 2/1)
Fiscal policy (allowance 4/2)
Monetary policy (allowance 4/2)
Trade policy (allowance 2/1)
7.Exchange rate policy (allowance 2/1)
Growth policies (allowance 2/1)
Competition policy (allowance 2/1)
Labor market policy (allowance 2/1)
Redistribution, social policy and the welfare state (allowance 2/1)
Structural policy (allowance 2/1)
Learning activities and teaching methods:
Type of teaching methodDaily attendanceCombined form
28 h
16 h
14 h
0 h
0 h
20 h
preparation for exam
80 h
110 h
preparation for regular assessment16 h
0 h
preparation for regular testing
30 h
0 h
writing of seminar paper
0 h
22 h
168 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 18 points from 30. There are two ways points could be acquired: midterm test (max 30 p.) and activity in seminars (5 p.). There is one opportunity to repair credit - repetition of midterm test.

Part-time students have to work out project.

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 draws one question . The examiner asks another questions.
Assessment criteria ratio:
Requirement type
Daily attendance
Combined form
0 %
0 %
Recomended reading and other learning resources:
FRANC, A. -- SLANÝ, A. Hospodářská politika. Brno: Masarykova univerzita, 2015. 312 p.

BÉNASSY-QUÉRÉ, A. et al. Economic policy: theory and practice. Oxford University Press, 2010. 709 p. ISBN 978-0-19-532273-6.
DUŠKOVÁ, J. Hospodářská politika I: úvodní kurz. 1st ed. 136 p. ISBN 978-80-7375-747-2.
KLIKOVÁ, C. -- KOTLÁN, I. et al. Hospodářská politika. 3rd ed. Ostrava: Institut vzdělávání Sokrates, 2012. 293 p. ISBN 978-80-86572-76-5.
KREBS, V. et al. 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. et al. 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:
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Course listed in previous semesters:
Teaching place:

Last modification made by Ing. Jiří Gruber on 05/22/2020.

Type of output: