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Lecturer(s)
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Pospíšil Richard, prof. Ing. Ph.D.
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Heinzová Romana, Ing. Ph.D.
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Course content
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Topics taught: 1. History of economic thought and its impact on economic activity; 2. Basic economic concepts; 3. Formation of the market for private and public goods; 4. Basic elements of the market. Analysis of demand and supply; 5. Analysis of the behavior of individual economic entities; 6. Basic economic goals of organizations. Theory of costs, revenues and profits; 7. Economic policy of the state and basic macroeconomic variables; 8. GDP as a basic performance indicator; 9. Business cycle, causes of cyclical fluctuations in the economy; 10. Unemployment; 11. Money market and monetary policy; 12. Inflation, its measurement, causes and consequences; 13. State budget, fiscal policy; 14. Foreign trade and foreign policy.
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Learning activities and teaching methods
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- Participation in classes
- 28 hours per semester
- Home preparation for classes
- 22 hours per semester
- Preparation for course credit
- 20 hours per semester
- Preparation for examination
- 20 hours per semester
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| prerequisite |
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| Knowledge |
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| Student knows basic concepts related to economics and basic economic entities. |
| Student knows basic concepts related to economics and basic economic entities. |
| Skills |
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| Characteristics and specifics of the private and public sectors and private and public goods. |
| Characteristics and specifics of the private and public sectors and private and public goods. |
| learning outcomes |
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| Knowledge |
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| describe the basic concepts of microeconomics and macroeconomics characterize the laws of demand and supply characterize the behavior of households and firms in the market explain the essence of basic macroeconomic variables list the goals and instruments of macroeconomic stabilization policies |
| describe the basic concepts of microeconomics and macroeconomics characterize the laws of demand and supply characterize the behavior of households and firms in the market explain the essence of basic macroeconomic variables list the goals and instruments of macroeconomic stabilization policies |
| Skills |
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| illustrate changes in demand and supply calculate costs, revenues and marginal quantities of individual entities calculate gross domestic product depict the business cycle and inflation evaluate the impacts of macroeconomic stabilization policies on the national economy |
| illustrate changes in demand and supply calculate costs, revenues and marginal quantities of individual entities calculate gross domestic product depict the business cycle and inflation evaluate the impacts of macroeconomic stabilization policies on the national economy |
| teaching methods |
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| Knowledge |
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| Monologic (Exposition, lecture, briefing) |
| Monologic (Exposition, lecture, briefing) |
| Skills |
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| Dialogic (Discussion, conversation, brainstorming) |
| Dialogic (Discussion, conversation, brainstorming) |
| Practice exercises |
| Practice exercises |
| assessment methods |
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| Knowledge |
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| Composite examination (Written part + oral part) |
| Composite examination (Written part + oral part) |
| Didactic test |
| Didactic test |
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Recommended literature
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BRČÁK, L., SEKERKA, B., SEVEROVÁ, L., STARÁ, D. Makroekonomie. Makroekonomický přehled, 2. vydání. Plzeň: Aleš Čeněk, 2020. ISBN 978-80-7380-831-0.
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Holman, Robert. Základy ekonomie : pro studenty vyšších odborných škol a neekonomických fakult VŠ. Praha : C.H.Beck, 2015. ISBN 978-80-7400-007-2.
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JUREČKA, V. a MACHÁČEK, M. Makroekonomie, 4. aktualizované a rozšířené vydání. Praha: Grada, 2023. ISBN 978-80-271-3635-3.
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JUREČKA V. Mikroekonomie. Praha: Grada Publishing, 2018. ISBN 9788027101467.
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MANKIW, N. G. Principles of Macroeconomics, 10th Edition. Cengage Learning, 2023. ISBN 978-0357722718.
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N. Gregory Mankiw. Principles of Economics. Stamford: Cengage Learning, 2015. ISBN 978-1285165875.
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