OPF:EK901M Economic Overview of CEC - Course Information

EK901M Economic Overview of Central European Countries

Extent and Intensity

0/2/0. 5 credit(s). Type of Completion: z (credit).

Teacher(s)

Bc. Ing. Alena Fialová (seminar tutor)
Ing. Monika Piskorzová, Ph.D. (seminar tutor)

Guaranteed by

Bc. Ing. Alena Fialová
Departament of Economics and Public Administration – School of Business Administration in Karvina

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 12 fields of study the course is directly associated with, display

Course objectives (in Czech)

The aim of the course is to get acquainted students with the economic development in the selected countries of the Central Europe (Visegrad Group countries) as well as with their position within the present Europe or among developed market economies of the world. The student will be gradually get acquainted with the historical development of national economies in these countries, development of particular indicators characterising internal and external economic stability and in the conclusion, then, with the development of the sector structure in particular countries of Central Europe. For the needs of comparison, the countries of Central Europe (V-4) will be extended by the first countries of European Union.

Syllabus (in Czech)

• Structure of the presentation:
  1. Economic Development in Central European Countries (V-4) - Historical View
  2. Economic Development in CE Countries (V-4) - Beginning of Transformation
  3. Economic Potential of Central European Countries (V-4)
  4. Economic Growth of CE Countries (V-4)
  5. Productivity in Central European Countries (V-4)
  6. Investments in CE Countries (V-4)
  7. Inflation, Currency Development and Monetary Policy in CE Countries (V-4)
  8. Labour Market in Central European Countries (V-4)
  9. Fiscal Policy in Central European Countries (V-4)
  10. External Economic Relations (V-4)
  
  Topics covered:
  1.Economic Development in Central European Countries (V-4) - Historical View
  Economies of Central Europe countries and their position from the historical point of view. Development of Central Europe countries' economies in the post-war period and in the period of socialism building.
  2.Economic Development in CE Countries (V-4) - Beginning of Transformation
  Development in Central Europe countries at the beginning of 90's. Economic reforms in these countries and their mutual comparison. A brief evaluation of economic reforms.
  3.Economic Potential of Central European Countries (V-4)
  Inhabitants of CE countries (V-4), structure and development. Inhabitants and labour force market in Central Europe countries (V-4). Position of CE countries (V-4) in the world economy, degree of their economic development. Structure of national economies of the selected countries.
  4.Economic Growth of CE Countries (V-4)
  Dynamics of economic growth of Central Europe countries. Development of gross domestic product and particular components.
  5.Productivity in Central European Countries (V-4)
  Productivity of labour, starting level and its development. Development of labour productivity from the viewpoint of individual branches. Total productivity of factors of production.
  6.Investments in CE Countries (V-4)
  Investment activity in CE countries (V-4) in the last years. Investment process and its structural aspects.
  7.Inflation, Currency Development and Monetary Policy in CE Countries (V-4)
  Development of individual price indexes in CE countries (V-4). Inflation rate, wages. Development of money aggregates and their influence on inflation rate. Monetary policy realised by central banks of CE countries (V-4).
  8.Labour market in Central European Countries (V-4)
  Employment, level and structure of employment in CE countries (V-4). Labour market and unemployment, development of unemployment. Active and passive manpower policy realised in particular CE countries (V-4).
  9.Fiscal policy in Central European Countries (V-4)
  Revenues and expenditures of public budgets. Balances of public budget and problems of public debt in CE countries (V-4).
  10.External Economic Relations (V-4)
  Foreign trade, development of balance of payments. Terms of trade. Territorial and commodity structure of foreign trade. Inflow of capital and problems of exchange rate.
  
  

Literature

recommended literature
• OECD. Main Economic Indicators. Paris, 2000. ISBN 92-64-07450-3. info
• OECD. Economic Outlook. Paris, 1999. ISBN 92-64-16167-8. info
• FOLEY, B. J. (EDITOR). European Economies Since the Second World War. London, 1998. ISBN 0-333-65325-4. info
• ZECCHINI, S. (EDITOR). Lessons from the Economic Transition - Central and Eastern Europe in the 1990s. 1997. ISBN 0-7923-9857-2. info
• SVEJNAR, J. (EDITOR). The Czech Republic and Economic Transition in Eastern Europe. San Diego, California, 1997. ISBN 0-12-678180-X. info
• ROSSER, J. B., JR., ROSSER, M. V. Comparative Economics in a Transforming World Economy. USA, 1996. ISBN 0-256-13095-7. info
• ANGRESANO, J. Comparative Economics. Englewood Cliffs, 1992. ISBN 0-13-140229-3. info
• CORDEN, W. M. Trade Policy and Economic Welfare. Oxford, 1989. ISBN 0-19-828401-2. info
• AMUZEGAR, J. Comparative Economics - National Priorities, Policies, and Performance. Cambridge, Massachusetts, 1981. ISBN 0-87626-152-7. info

Language of instruction

English

Further comments (probably available only in Czech)

The course can also be completed outside the examination period.

• Enrolment Statistics (Summer 2008, recent)
  
• Permalink: https://is.slu.cz/course/opf/summer2008/EK901M