ESF:MPE_HOP2 Economic Policy 2 - Course Information

MPE_HOP2 Economic Policy 2

Extent and Intensity

1/1/0. 4 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Magdalena Šuterová (lecturer)
prof. Ing. Zdeněk Tomeš, Ph.D. (lecturer)
prof. Ing. Antonín Slaný, CSc. (lecturer)

Guaranteed by

prof. Ing. Zdeněk Tomeš, Ph.D.
Department of Economics – Faculty of Economics and Administration
Contact Person: Mgr. Jarmila Šveňhová
Supplier department: Department of Economics – Faculty of Economics and Administration

Timetable

Tue 18:00–19:50 P104

Course Enrolment Limitations

The course is also offered to the students of the fields other than those the course is directly associated with.

fields of study / plans the course is directly associated with

there are 11 fields of study the course is directly associated with, display

Course objectives

We assume that studets have a good theoratical background from courses of Macroeconomics 1 and Macroeconomics 2. In this respect, we will follow the theory and apply it to the specific economic policy issues. The course focus on six topics of contemporary economic policy (see Course contents bellow). Moreover, we put emphasis on the change of the economic paradigm after the Great Depression 2009. We show some of the shortcomings of the economic theory, which appered during the economic crisis, and we offer new perspectives of solutions. The important part of this task will be based on reading of empirical studies.

Learning outcomes

Student will be able to apply economic theory to up-to-date issues of economic policy. He will read some texts (book chapters and studies) of most cited economists according to IDEAS/RePEc of 2017 and he will discuss about them on seminars. Due to these activities, student will be able to write essay about some of the course topic and take into account current events both in the Czech republic and in the world.

Syllabus

• 1. Economic growth and its determinants 2. Income inequality and redistribution 3. Labour market and occupational change in Europe 4. Unconventional fiscal policy after the Great Recession 5. Unconventional monetary policy after the Great Recession 6. Macroprudentical policy (guest from ČNB)

Literature

required literature
• BÉNASSY-QUÉRÉ, Agnès. Economic policy : theory and practice. Oxford: Oxford University Press, 2010, xii, 709. ISBN 9780195322736. info

recommended literature
• DRAZEN, Allan. Political economy in macroeconomics. Princeton, N.J.: Princeton University Press, 2002, xiv, 775. ISBN 0691092575. info
• ROJÍČEK, Marek, Vojtěch SPĚVÁČEK, Jan VEJMĚLEK, Eva ZAMRAZILOVÁ and Václav ŽĎÁREK. Makroekonomická analýza : teorie a praxe. První vydání. Praha: Grada, 2016, 543 stran. ISBN 9788024758589. URL info

not specified
• Další doporučená literatura se odvíjí od aktuálně řešeného tématu a je upřesněna v interaktivní osnově předmětu.

Teaching methods

lectures, case studies in seminars , reading papers, dicussion

Assessment methods

Students have to fullfill these requirements: 1. Students have to be prepared for every seminar: - they have to know theoretical background of the topic (see required reading); - they have to read required papers which they find in the study materials in the IS MU; - they have to fill self-correcing exercises in the IS MU every second week in the semester; - they have to actively cooperate with teacher during seminar. 2. Students pass the exam in form of essay at the end of semester.

Language of instruction

Czech

Further comments (probably available only in Czech)

Study Materials
The course is taught annually.
General note: Přednášky jsou dostupné online a ze záznamu.
Information on course enrolment limitations: max. 20 cizích studentů; cvičení pouze pro studenty ESF

• Enrolment Statistics (Autumn 2020, recent)
  
• Permalink: https://is.muni.cz/course/econ/autumn2020/MPE_HOP2