ESF:PETEHP Transform. of the Czech Econ. - Course Information

PETEHP The Transformation of the Czech Economy and its Economic Policy

Extent and Intensity

2/0/0. 3 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Bc. Dana Dobešová (lecturer)
Ing. Michal Kvasnička, Ph.D. (lecturer)
Ing. Petr Musil, Ph.D. (lecturer)
prof. Ing. Zdeněk Tomeš, Ph.D. (lecturer)
doc. Ing. Libor Žídek, Ph.D. (lecturer)

Guaranteed by

prof. Ing. Antonín Slaný, CSc.
Department of Economics – Faculty of Economics and Administration
Contact Person: Lydie Pravdová

Timetable

Mon 14:35–16:15 P312

Course Enrolment Limitations

The course is only offered to the students of the study fields the course is directly associated with.

The capacity limit for the course is 53 student(s).
Current registration and enrolment status: enrolled: 0/53, only registered: 0/53

fields of study / plans the course is directly associated with

there are 17 fields of study the course is directly associated with, display

Course objectives

In the course students will learn about the development of the transformation process in the Czech Republic in the 1990s. The course consists of 13 lectures. The teachers (members of the department of economics) describe the process from the systematic point of view first and then concentrate on particular transformation problems – for example monetary and fiscal policy or privatization. The goal of the course is to give an overall view of the whole process. The course is taught in English and concluded with the written exam.

Syllabus

• 1 Economic history of the CSR introduction into the course, development of the Czechoslovak economy since the Second World War, situation at the end of 1980s 2 The main steps and the economic policy during the transformation economic policy during the transformation process, overall basic view 3 The macroeconomic development development of the basic economic indicators – GDP, unemployment, inflation 4 The development of the fiscal policy analysis of the fiscal policy during the transformation process – budgets, deficits 5 The development of the monetary policy applying monetary policy during the transformation process – tools used, methods and achievements 6 Different explanations of the economic crisis description of the crisis in 1997, different explanations, the role of the government and the central bank in the crisis 7 The privatization process in the Czech economy methods used, the process, achievements, criticisms 8 The development of the exchange rate policy fixed exchange rate, appreciation of the real exchange rate, devaluation and floating 9 The changes on the labour market development of unemployment during the transformation, causes and impacts 10 The changes in foreign trade the main factors in the development, growth in volume, changes in commodity and territorial structure 11 The structural changes in the economy restructuring, impact of the transformation on the structure of the economy 12 The institutional changes during the transformation process change of the law system, bankruptcy law, corruption 13 The comparison of the development in the post-communist countries comparison with Hungary and Poland, description of the differences in economy policy and economic results including privatization process, structure of the economy

Literature

• MUSIL, Petr, Dana DOBEŠOVÁ, Martin KVIZDA, Zdeněk TOMEŠ and Libor ŽÍDEK. The Transformation of the Czech Economy. 1st ed. Brno: ESF MU, 2003, 193 pp. skriptum. ISBN 80-210-3292-8. info
• Czech National Bank's Monetary Strategy
• SVEJNAR, J. The Czech Repulic and Economic Transition in Eastern Europe. Academic Press, 1995. ISBN 0-12-678180-X. info

Assessment methods (in Czech)

Lectures are held regularly in individual weeks of a semester. The final written test is to be taken during the exam period.

Language of instruction

English

Further comments (probably available only in Czech)

Study Materials
The course is taught each semester.
General note: Tento předmět si nezpisují studenti oboru Národní hospodářství a oboru Hospodářská politia.

• Enrolment Statistics (Spring 2007, recent)
  
• Permalink: https://is.muni.cz/course/econ/spring2007/PETEHP