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Lecturer(s)
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Mikeska Martin, Ing. Ph.D.
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Novák Petr, doc. Ing. Ph.D.
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Course content
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Process of Globalization and Key Institutions of the Global Economy 1. Globalization of the Global Economy, International Trade, and the Role of the WTO 2. International Monetary System and International Capital Movements 3. International Migration and the International Labor Market Formation of Global Economic Centers 4. Economic Development in the USA 5. Economic Development in Japan 6. Regional Integration Groupings and Zones: NAFTA, MERCOSUR, and ASEAN Formation of the European Economic Center 7. Economic Development in Europe 8. Formation of the European Economic and Monetary Union 9. Regional Integration Groupings: the EU, the EMU, and EFTA Formation of New Economic Centers of the 21st Century 10. Economic Development in China 11. Global Bloc of Emerging Economies BRICS and the RCEP Zone 12. Global Economic Powers and Prospects of the Global Economy
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Learning activities and teaching methods
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Lecturing, Teamwork, E-learning
- Preparation for course credit
- 19 hours per semester
- Participation in classes
- 26 hours per semester
- Home preparation for classes
- 10 hours per semester
- Term paper
- 20 hours per semester
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| prerequisite |
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| Knowledge |
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| The course builds on the Macroeconomics I and Microeconomics I. |
| The course builds on the Macroeconomics I and Microeconomics I. |
| learning outcomes |
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| explain the principles of the global economy |
| explain the principles of the global economy |
| describe the process of globalization of the world economy |
| describe the process of globalization of the world economy |
| characterize the role of international trade and the monetary system |
| characterize the role of international trade and the monetary system |
| describe the formation of major global economic centers |
| describe the formation of major global economic centers |
| explain the significance of regional integration groupings and global blocs |
| explain the significance of regional integration groupings and global blocs |
| Skills |
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| analyze the impacts of globalization on the global economy |
| analyze the impacts of globalization on the global economy |
| interpret relationships between trade, capital, and migration |
| interpret relationships between trade, capital, and migration |
| compare the economic development of global economic centers |
| compare the economic development of global economic centers |
| evaluate the significance of regional economic integration |
| evaluate the significance of regional economic integration |
| apply basic macroeconomic indicators in a global context |
| apply basic macroeconomic indicators in a global context |
| teaching methods |
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| Knowledge |
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| Lecturing |
| Lecturing |
| Dialogic (Discussion, conversation, brainstorming) |
| Dialogic (Discussion, conversation, brainstorming) |
| E-learning |
| E-learning |
| assessment methods |
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| Grade (Using a grade system) |
| Grade (Using a grade system) |
| Composite examination (Written part + oral part) |
| Composite examination (Written part + oral part) |
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Recommended literature
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BALDWIN, R. E., WYPLOSZ, Ch. Ekonomie evropské integrace. 4. vyd.. Praha: Grada, 2013. ISBN 978-80-247-4568-8.
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CIHELKOVÁ, E. Aktuální otázky světové ekonomiky: proměny a governance. Praha: Professional Publishing, 2012. ISBN 978-80-7431-104-8.
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DANIELS, J. D., RADEBAUGH, L. H., SULLIVAN, D. P. International business: environments & operations. Sixteenth Edition. New York, NY: Pearson, 2017. ISBN 978-0134200057.
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GASPAR, J. E. Introduction to global business: understanding the international environment and global business functions. Second edition. Boston, MA: Cengage Learning, 2017. ISBN 978-1305501188.
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HAMILTON, L., WEBSTER, P. The international business environment. Third edition. Oxford, UK: Oxford University Press, 2015. ISBN 9780198704195.
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KUNEŠOVÁ, H. Světová ekonomika: nové jevy a perspektivy. 3., přeprac. a dopl. vyd.. Praha: C.H. Beck., 2014. ISBN 978-80-7400-502-2.
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SLANÝ, A. Ekonomické prostředí a konkurenceschopnost. Brno: Masarykova univerzita, 2009. ISBN 978-80-210-5056-3.
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