Economic Policy
- Credits: 6
- Ending: Examination
- Range: 2P + 2C
- Semester: winter
- Year: 2
- Faculty of Economics and Finance
Teachers
Included in study programs
Teaching results
Knowledge:
• Students will be able to identify situations where state intervention in the economy is justified.
• Students will get acquainted with the economic policy instruments and the mechanism of operation of these instruments.
• Students will be able to orientate themselves in the goals and principles of economic policy and will understand the social framework of economic policy.
• Students will understand the importance of the quality of the institutional framework of the economy.
Skills:
• In seminars, students will acquire basic skills to work with relevant data and analytically evaluate the results.
• Students will understand the basic approaches to ways of analyzing economic problems and proposing measures/policies.
Competences:
• Students will be able to recognize situations where state intervention in the economy is justified.
• Students will understand the options available to the state to deliberately guide economic development.
• Students will gain the ability to critically evaluate the possibilities of deploying economic policy measures and the risks associated with it.
Indicative content
State and markets in a democratic society
Institutions and the exercise of power to meet economic objectives
Principles and objectives in economic policy
Macroeconomic policies:
Fiscal policy
Monetary policy
The effect of budgetary and monetary policy in stabilizing the economy
Microeconomic policies:
Competition policy
Structural policy
Employment and labor market policy
Income policy
Development of economic policy around the world
Milestones of economic policy in Slovakia
Support literature
The Core Team: Economy, Society and Public Policy. COREECON, Electric Books Works.
Lukáčik, J. a kol. 2013. Hospodárska politika – teória a prax. Bratislava: Sprint 2, 2013.
Requirements to complete the course
20% - exercises and activities during seminars
20% - tests during seminars
60% - final exam
Student workload
In total: 156 (participation in lectures 26, participation in seminars 26, preparation for seminars and tasks 36, preparation for tests 20, preparation for the final exam 48)
Language whose command is required to complete the course
Slovak
Date of approval: 12.03.2024
Date of the latest change: 10.11.2023