RLZ_ETE_II Economic theory II

Institute of Technology and Business in České Budějovice
summer 2022
Extent and Intensity
2/2/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Filip Petrách, Ph.D. (seminar tutor)
Ing. Pavel Rousek, Ph.D. (seminar tutor)
Ing. Vendula Simotová (seminar tutor)
Ing. Libor Votava, Ph.D. (seminar tutor)
Guaranteed by
Ing. Pavel Rousek, Ph.D.
School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice
Supplier department: School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice
Timetable of Seminar Groups
RLZ_ETE_II/P01: Mon 14:50–16:20 B1, P. Rousek
RLZ_ETE_II/S01: Fri 11:25–12:55 N107, F. Petrách
RLZ_ETE_II/S02: Fri 13:05–14:35 N107, F. Petrách
RLZ_ETE_II/S03: Tue 9:40–11:10 D515, V. Simotová
RLZ_ETE_II/Z2: Sun 13. 3. 8:00–9:30 B1, 9:40–11:10 B1, 11:25–12:55 B1, Sun 27. 3. 16:30–18:00 E1, 18:10–19:40 E1, Sat 21. 5. 13:05–14:35 B1, 14:50–16:20 B1, 16:30–18:00 B1, V. Simotová
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
Course objectives supported by learning outcomes
The aim of the course is to acquaint students with basic macroeconomic categories, quantities and models - as a theoretical basis for application in practice.
Learning outcomes
Graduates of the course: 7.1 on the basis of cross-sectional economic history can define basic problems of macroeconomics as a theoretical scientific discipline, 7.2 can apply macroeconomic variables and tools on examples of current economic policy (calculation and measurement of macroeconomic aggregates, inflation and labor market analysis, monetary, fiscal interpretation, pension, foreign trade policies, etc., 7.3 can define basic macroeconomic categories, 7.4 can explain the macroeconomic balance in all markets, 7.5 can appropriately link the acquired theoretical knowledge with real practice and actively use it in other economic disciplines.
Syllabus
  • Lectures:
  • 1. Introduction to the subject and history of economic thinking II.
  • 2. Measuring the performance of the economy, product, income.
  • 3. Aggregate supply and demand and its components.
  • 4. Models of macroeconomic equilibrium and its disturbances.
  • 5. Economic growth and economic cycles.
  • 6. Inflation and price indices.
  • 7. Unemployment and the labor market.
  • 8. Monetary aggregates, money market equilibrium, international money market.
  • 9. Economic policy of the state, its goals and effectiveness.
  • 10. Monetary policy.
  • 11. Fiscal policy, pension policy.
  • 12. External economic balance, balance of payments.
  • 13. Macroeconomic role of the state, protectionism and integration.
  • Seminars:
  • 1. Introduction to the subject and history of economic thinking II.
  • 2. Measuring the performance of the economy, product, income.
  • 3. Aggregate supply and demand and its components.
  • 4. Models of macroeconomic equilibrium and its disturbances.
  • 5. Economic growth and economic cycles.
  • 6. Inflation and price indices.
  • 7. Unemployment and the labor market.
  • 8. Monetary aggregates, money market equilibrium, international money market.
  • 9. Economic policy of the state, its goals and effectiveness.
  • 10. Monetary policy.
  • 11. Fiscal policy, pension policy.
  • 12. External economic balance, balance of payments.
  • 13. Macroeconomic role of the state, protectionism and integration.
Literature
    required literature
  • HOLMAN, R. 2016. Ekonomie. 6. vyd. Praha: C. H. Beck. ISBN 978-80-7400-278-6.
  • JUREČKA, V., 2017. Makroekonomie. 3. aktualiz. a rozš. vydání. Praha: Grada. ISBN 978-80-271-0251-8.
    recommended literature
  • BURDA, M. a Ch. WYPLOSZ, 2009. Macroeconomics: A EuropeanText. 5 edit. [s. l.]: Oxford University Press. ISBN 978-0-19-923682-4.
  • PAVELKA, T., 2007. Makroekonomie: základní kurz. 3. vyd. Slaný: Melandrium. ISBN 978-80-86175-58-4.
Forms of Teaching
Lecture
Seminar
Tutorial
Teaching Methods
Frontal Teaching
Group Teaching - Cooperation
Critical Thinking
Individual Work– Individual or Individualized Activity
Teaching Supported by Multimedia Technologies
Student Workload
ActivitiesNumber of Hours of Study Workload
Daily StudyCombined Study
Preparation for the Mid-term Test2525
Preparation for Seminars, Exercises, Tutorial2052
Příprava na závěrečný test/esej (in Czech)3337
Attendance on Lectures26 
Attendance on Seminars/Exercises/Tutorial/Excursion2616
Total:130130
Assessment Methods and Assesment Rate
Test – mid-term 30 %
Test – final 70 %
Essay 70 %
Language of instruction
Czech
Further comments (probably available only in Czech)
The course is taught annually.
Teacher's information
http://www.ekonomie-management.cz/ (is a scientific open access journal that publishes high-quality original research economic articles and scientific studies based on theoretical and empirical analysis). is mandatory for all students (30 points). Final evaluation: the student logs in to the IS and chooses one of the options from the final evaluation: 1st test - 90 points (70 + 20 points for bonus questions that will be part of the test). 2. essay processing - 90 points (70 + 20 bonus points for excellent and quality processing).

Participation in teaching in the case of contact teaching is governed by a separate internal standard of VŠTE (Records of student attendance at VŠTE).

If a student with an individual study plan will not be able to participate in the mid-term evaluation, he/she will only pass the extended final evaluation in the examination period, which will correspond in content and scope to the final and mid-term evaluation together. However, students are obliged to contact the teacher immediately after the approval of the individual study plan and to contact the examiner before the final exam. If the student does not do so, his/hers individual study plan will not be taken into account.

Students of the combined form of study will take a mid-term test at the second meeting.
The course is also listed under the following terms summer 2021.
  • Enrolment Statistics (recent)
  • Permalink: https://is.vstecb.cz/course/vste/summer2022/RLZ_ETE_II