History of finance
- Credits: 3
- Ending: Examination
- Range: 16sP
- Semester: summer
- Year: 1
- Faculty of Economics and Finance
Teachers
Included in study programs
Teaching results
Knowledge and understanding, skills, competence:
• Acquire historical knowledge in the field of financial science
• Distinguish individual socio-economic formations, transition and relations between them
• To be able to analyze the historical development of the emergence of financial theories and financial institutions
• Competence to classify the correct historical financial categories and monetary categories
• Describe the developmental stages of individual categories of financial science
In terms of knowledge, the output of the course are:
• competences and skills to correctly interpret essential facts, concepts, categories of financial science in terms of historical context and in relation to future developments
• ability to self-educate, process the latest trends in financial science through modern information technologies
• apply relevant theories of financial science to practical procedures throughout the national economy area.
Indicative content
Consent of this subject is to make available knowledge about evolution of finances and financial institutions as a historical category in context to ever growing economical praxis and in context to role of state in economy.
1. From the commodity of money to the nature of credit - the origin and development of monetary categories and institutions in the historical context.
2. Money as a phenomenon of goods economy - the development of money, forms of money and the function of money.
3. Market laws, moral and religious principles observed when dealing with money.
4. The power (rise and fall) of money in modern history.
5. Economic essence of finance.
6. Financial crises and their causes.
7. History, present and perspectives of financial science.
8. History, present and perspectives of taxation.
9. History, present and perspectives of banking.
10. History, present and perspectives of insurance.
11. State budget in the context of the history of money and finance.
12. Personalities of financial science in historical contexts.
Support literature
Niall Ferguson: The Ascent of Money: A Financial History of the World. 2019. Publisher Penguin Books Ltd. Publication City/Country London, United Kingdom. ISBN10 0141990260.
Requirements to complete the course
Independent work
Combined Exam
Written part of the Exam 60%
Oral part of the Exam 40%
Student workload
3x26 = 78
Attendance at lectures 16
Preparation for the exam 62
Total 78
Language whose command is required to complete the course
slovak
Date of approval: 06.02.2023
Date of the latest change: 19.09.2023