XAAEP Applied Economic Policy

Moravian Business College Olomouc
summer 2024
Extent and Intensity
0/3/0. 4 credit(s). Type of Completion: z (credit).
Teacher(s)
Ing. Richard Šmilňák, MBA (seminar tutor)
Guaranteed by
Moravian Business College Olomouc
Supplier department: Moravian Business College Olomouc
Timetable
each odd Wednesday 8:00–10:15 B2.445
Course Enrolment Limitations
The course is offered to students of any study field.
The capacity limit for the course is 3 student(s).
Current registration and enrolment status: enrolled: 1/3, only registered: 0/3
Course objectives
The objective of the course Applied Economic Policy is to familiarise students with basic instruments of economic policy and their application in economic practice. The main emphasis is placed on the ability of students to estimate the consequences and impacts of particular economic policy measures of the state on both macroeconomics as well as business entities, and thus, to enable them to rationalise their behaviour.
The course Applied Economic Policy introduces students to the basic mechanisms of its functioning, contains characteristics of instruments, goals and bearers in general and specific form within individual policies in which economic measures are applied. It includes structural and regional policy, social policy, competition policy, stabilisation policy, external economic policy as well as environmental protection policy.
Syllabus
  • 1. Theoretical basis of state economic policy. Goals, instruments and bearers of economic policy
  • 2. Policies for stabilisation and economic growth
  • 3. Fiscal, monetary and external economic policy
  • 4. Microeconomic character of economic policy
  • 5. Structural and regional policy
  • 6. Competition policy
  • 7. Social policy
  • 8. Environmental protection policy
Literature
    required literature
  • MANKIW, N. G. Principles of Microeconomics. 7th ed. Stamford, CT: Cengage Learning, 2015. ISBN 978-285165905. info
  • THALER, R. and C.R. SUNSTEIN. Nudge: Improving Decisions about Health, Wealth and Happiness. New international ed. London: Penguin Books, 2009, 305 pp. ISBN 978-0-14-104001-1. info
  • BROWN, C. and P.M. JACKSON. Public Sector Economics. 4th ed. Oxford, UK: Blackwell, 1995, 622 pp. ISBN 0-631-16207-0. info
    recommended literature
  • THE CZECH FISCAL COUNCIL. Report on the Long-Term Sustainability of Public Finances 2019. The Office of the Czech Fiscal Council, 2019, 52 pp. URL info
  • EUROPEAN COMMISSION. Fiscal Sustainability Report 2018. [online]. Luxembourg: Publications office of the European Union, 2019. URL info
  • HAZLITT, H. Economics in One Lesson. New York and London: Harper & Brothers Publishers, 1946, 222 pp. URL info
Assessment methods
Course credit: active participation in seminars, course assignment
Language of instruction
English
Further Comments
Study Materials
The course is taught annually.
  • Enrolment Statistics (recent)
  • Permalink: https://is.mvso.cz/course/mvso/summer2024/XAAEP