BF604Zk Monetary Policy and Currency Law

Faculty of Law
Spring 2025
Extent and Intensity
0/0/0. 6 credit(s). Type of Completion: zk (examination).
In-person direct teaching
Teacher(s)
doc. JUDr. Michal Janovec, Ph.D. (lecturer)
JUDr. Johan Schweigl, Ph.D. (lecturer)
doc. Ing. Martin Svoboda, Ph.D. (lecturer)
doc. Ing. Eva Tomášková, Ph.D. (lecturer)
Guaranteed by
JUDr. Johan Schweigl, Ph.D.
Department of Financial Law and Economics – Faculty of Law
Contact Person: Zuzana Suchá
Supplier department: Department of Financial Law and Economics – Faculty of Law
Prerequisites (in Czech)
!OBOR(PR) && !OBOR(PR01) && !PROGRAM(N-VS)
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 12 fields of study the course is directly associated with, display
Course objectives
The goal of this subject is to explain the role of monetary policy as a part of economic policy of the governments. Qn emphasis is laid mainly on the particular instruments of monetary policy (especially, on discount instruments and capital market operations) and effectiveness of these instruments. Aside from that, the course also covers the role and functions of central banks in general, and the Czech National Bank – mainly as for the monetary policy of the Czech Republic.
Learning outcomes
After completing this course, the student is able to understand a professional text focused on monetary policy. The student will master the basic concepts and methods. The student will also be able to understand the functioning of the monetary policy of the state as presented by the CNB. Emphasis is also placed on understanding the function of monetary policy in the wider context of the national economy.
Syllabus
  • Governmental economic policy and its goals 2) Monetary policy as a part of economic policy 3) The instruments of economic policy and their influence on the economic system 4) Discount instruments and their effects 5) Capital market operations 6) Effectiveness of the monetary policy instruments 7) The role of the central bank (ČNB) 8) The Czech national bank and monetary policy 9) Regulation of the instruments of monetary policy 10) Monetary policy in the EU, the role of ECB
Literature
    recommended literature
  • BLAŽEK, Jiří, Alena KERLINOVÁ, Jan KUBÍČEK, Eva TOMÁŠKOVÁ and Vladimír TOMŠÍK. Národní hospodářství. 1. vyd. Brno: Masarykova univerzita, 2014, 224 pp. Učebnice Právnické fakulty MU, sv. 510. ISBN 978-80-210-6949-7. info
  • REVENDA, Zbyněk. Centrální bankovnictví. 3. aktualiz. vyd. Praha: Management Press, 2011, 558 s. ISBN 9788072612307. info
Teaching methods
Lectures, in which the fundamental theoretical examples the practice of the ČNB’s monetary policy will be explained.
Assessment methods
Final written exam (20 open and multiple-choice questions) is followed by an oral examination.
Language of instruction
Czech
Further comments (probably available only in Czech)
The course is taught: in blocks.
Information on the extent and intensity of the course: 12 hod. přednášek za semestr / 12 hrs of lectures per semester.
The course is also listed under the following terms Spring 2015, Spring 2016, Spring 2017, Spring 2018, Spring 2019, Spring 2020, Spring 2021, Spring 2022, Spring 2023, Spring 2024.
  • Enrolment Statistics (Spring 2025, recent)
  • Permalink: https://is.muni.cz/course/law/spring2025/BF604Zk