Course Details
Economics
Academic Year 2022/23
BVA001 course is part of 4 study plans
BPC-SI Winter Semester 1st year
BPC-MI Winter Semester 1st year
BPA-SI Winter Semester 1st year
BKC-SI Winter Semester 1st year
Introducing into theory of economics. Basic economic terms and relations. Supply and demand, market formation. Financial markets, money market,capital market, international money market. Macroeconomic theory, macroeconomic outputs, macroeconomic equilibrium, economic growth and business cycles. Economic policy, its targets and tools. Market of goods and services, theory of consumer behaviour, theory of firm. Market of production factors.
Course Guarantor
Institute
Objective
To get fundamentals of microeconomics, macroeconomics and world economics. Student also acquires knowledge about behaviour of economic system, its tools, institutions and regularities.
Knowledge
Knowledge of fundamentals of microeconomics, macroeconomics and world economics.
Syllabus
1. Economics, Characteristic of Market Economy.
2. Basic Market Elements.
3. Macroeconomic Theory, Macroeconomic Outputs, Gross Domestic Product.
4. Macroeconomic Equilibrium, Economic Growth and Business Cycles.
5. Inflation.
6. Financial Markets, Money Market.
7. Financial Markets, Capital Market.
8. Financial Markets, International Money Market.
9. Economic Policy, Goals and Instruments.
10. International Trade, External Commerce and Monetary Policy.
11. Market of Goods and Services, Theory of Consumer Behaviours.
12. Market of Goods and Services, Theory of Firm.
13. Market of Production Factors.
Prerequisites
Knowledge of basic social sciences within the scope of secondary school level.
Language of instruction
Czech, English
Credits
3 credits
Semester
winter
Forms and criteria of assessment
course-unit credit and examination
Specification of controlled instruction, the form of instruction, and the form of compensation of the absences
Extent and forms are specified by guarantor’s regulation updated for every academic year.
Offered to foreign students
To offer to students of all faculties
Course on BUT site
Lecture
13 weeks, 2 hours/week, elective
Syllabus
1. Economics, Characteristic of Market Economy. 2. Basic Market Elements. 3. Macroeconomic Theory, Macroeconomic Outputs, Gross Domestic Product. 4. Macroeconomic Equilibrium, Economic Growth and Business Cycles. 5. Inflation. 6. Financial Markets, Money Market. 7. Financial Markets, Capital Market. 8. Financial Markets, International Money Market. 9. Economic Policy, Goals and Instruments. 10. International Trade, External Commerce and Monetary Policy. 11. Market of Goods and Services, Theory of Consumer Behaviours. 12. Market of Goods and Services, Theory of Firm. 13. Market of Production Factors.
Exercise
13 weeks, 1 hours/week, compulsory
Syllabus
1.–2. Introduction to Economics, Characteristics of Market Economy.
3.–4. Basic Market Elements.
5.–6. Macroeconomic Outputs.
7.–8. Financial Markets, Money Market.
9.–10. Financial Markets, Capital Market, International Money Market.
11.–12. Market of Goods and Services, Theory of of Consumer Behaviours.
13. Market of Goods and Services. Theory of Firm.