PEEKTE Economic Theories

Faculty of Economics and Administration
Autumn 2008
Extent and Intensity
2/0/0. 3 credit(s). Type of Completion: zk (examination).
prof. PhDr. Kamil Fuchs, CSc. (lecturer)
Guaranteed by
prof. PhDr. Kamil Fuchs, CSc.
Department of Economics - Faculty of Economics and Administration
Contact Person: Lydie Pravdová
Mon 9:20–11:00 P101, Mon 9:20–11:00 P102
PEHOPO Economic Policy
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 13 fields of study the course is directly associated with, display
Course objectives
This subject offers a comprehensive review of development of economic thinking, with emphasis on the process of the rise and development of economics. The aim is to form basic prerequisites for understanding the basic context of economic development, understanding the major milestones as the basis for grasping the changes of 20th century theory. Basic topics cover the following: General characteristics of the classical school and the key position of A. Smith in the process of founding the economic science. Causes of differentiation in the doctrine of the classical school. Main trends of criticism in the middle of 19th century and the rise of alternative economic theories. Relationship of open problems of the classical school doctrine and the marginalistic revolution. Theory of marginal utility of the Austrian school. Characteristics and theoretical contribution of neo-classical theory. Development of keynesian economy and modern neo-classical theory
  • 1. Development of classical political economic theory
  • 2. Criticism of classical political economic theory – emergence of alternative approaches
  • 3. Marginalistic revolution
  • 4. Austrian psychological school
  • 5. Neoclassical economic theory
  • 6. Crisis of neoclassical economic theory
  • 7. Development of economic views of J.M. Keynes
  • 8. Keynesian theory of economics in the second half of the 20th century
  • 9. Liberalism in economics
  • 10. Chicago school of economics
  • 11. Anti Keynesian revolution and new classical economics
  • 12. Institutionalism and new institutional economics
  • 13. Czech economic approaches in the 20th century
  • HOLMAN, Robert. Dějiny ekonomického myšlení. Vyd. 1. Praha: C.H. Beck, 1999. xix, 541. ISBN 8071792381. info
Assessment methods
The course is concluded by a written exam.
Language of instruction
Further comments (probably available only in Czech)
Study Materials
The course is taught annually.
Information on course enrolment limitations: 10 pouze přednáška
The course is also listed under the following terms Spring 2002, Autumn 2002, Autumn 2003, Autumn 2004, Autumn 2005, Autumn 2006, Autumn 2007.
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