FI:VB004 Economic Thinking II - Course Information
VB004 Economic Style of Thinking IIFaculty of Informatics
- Extent and Intensity
- 2/0. 2 credit(s) (plus extra credits for completion). Recommended Type of Completion: k (colloquium). Other types of completion: z (credit).
- prof. PhDr. Kamil Fuchs, CSc. (lecturer)
- Guaranteed by
- prof. Ing. Václav Přenosil, CSc.
Department of Machine Learning and Data Processing - Faculty of Informatics
Contact Person: prof. PhDr. Kamil Fuchs, CSc.
- Tue 8:00–9:50 D2
- Prerequisites (in Czech)
- VB003 Economic Thinking I
- 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 23 fields of study the course is directly associated with, display
- Course objectives
- The introductory part deals with measuring national economy performance, problems connected with economic equilibrium, and causes and manifestations of cyclical oscillations. The following part of the course explains the nature of money, structure of the banking system and basic conditions of inflation. It explains the economic function of the state, targets and instruments of economic policy, basic context of monetary policy, fiscal policy, external business and incomes policy.
- Measuring macroeconomics activity.
- Explaining business cycles and growth.
- Aggregate demand - aggregate supply model.
- A simple model of the macroeconomy: the multiplier model.
- Money and the financial system.
- Determination of the interest rate.
- Unemployment and inflation.
- Monetary and fiscal policy.
- International trade and the theory of comparative advantage.
- Open economy macroeconomics: exchange rates, the balance of payments.
- Sylaby přednášek, odborné články. / Lecture slides, expert articals
- FUCHS, Kamil and Pavel TULEJA. Základy ekonomie (The Basic of Economics). 1. vyd. Praha: Ekopress, odborné nakladatelství, 2003. 348 pp. ISBN 80-86119-74-2. info
- Teaching methods
- Lectures are based on case studies which extend the theoretical backgrounds.
- Assessment methods
- The course has a form of a lecture. Credit requirements: credit written test.
- Language of instruction
- Further comments (probably available only in Czech)
- The course is taught annually.