EVSNKHPB Theory of Economic Policy

School of Business Administration in Karvina
Winter 2026
Extent and Intensity
16/0/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. Ing. Kamila Turečková, Ph.D., MBA (lecturer)
Guaranteed by
doc. Ing. Kamila Turečková, Ph.D., MBA
Departament of Economics and Public Administration – School of Business Administration in Karvina
Contact Person: Dr. Ing. Ingrid Majerová
Timetable
Fri 9. 10. 11:25–13:00 MS, Fri 30. 10. 11:25–13:00 MS, Fri 4. 12. 11:25–13:00 MS
Prerequisites
FAKULTA(OPF) && TYP_STUDIA(N) && FORMA(K)
The completion of the course does not require any conditions and subject can be registered independently of other subjects.
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.

The capacity limit for the course is 45 student(s).
Current registration and enrolment status: enrolled: 0/45, only registered: 0/45
fields of study / plans the course is directly associated with
Course objectives
The course provides comprehensive knowledge of the theory of economic policy with an implication for a practical economical policy and it is built on knowledge acquired by the student in the course of Economic policy. The objective of this course is to introduce to students the possibilities of the making of economic policy at the basis of current economic theory. Special emphasis is placed on theoretical approaches of individual theoretical schools to the creation and possibilities of economic policy and on assessing the effectiveness of economic policy. Examples of the specific economic policies of developed countries will illustrate different forms of economic policy.
Learning outcomes
In this course, the student will deepen his understanding of the theoretical, institutional and political contexts of the creation and implementation of economic policy in the conditions of modern economies. He will gain a comprehensive overview of the political aspects of economic policy, the position of the state in the political system, the main theoretical currents of economic policy and the possibilities and limits of economic and political action. He will be oriented in the processes of decision-making, reaching consensus and the functioning of the rules of collective choice, including their limitations and risks. At the same time, he will acquire knowledge about the importance of information, macroeconomic analysis, forecasts and expectations for the effectiveness of economic policy. He will also understand the role of interest groups, corruption and lobbying in economic and political decision-making. The student will be able to critically analyze the goals, instruments and impacts of economic policy, assess the influence of political and institutional factors on its results and apply the acquired knowledge in the professional evaluation of current economic and political problems in the national and European context.
Syllabus
1. The political aspects of economic policy
2. The political system as part of the whole society
3. The theoretical bases of economic policy I
4. The theoretical bases of economic policy II
5. Theoretical and practical possibilities of economic policy
6. Limitations in economic policy
7. Corruption as a significant limitation in economic policy
8. Economic policy and state
9. Expectations and economic policy
10. The concept of economic efficiency
11. Decision-making in economic policy
12. Pressure groups and lobby in economic policy
13. Information and economic policy
Literature
    required literature
  • SLANÝ, A. A KOL. Makroekonomická analýza a hospodářská politika. Praha: C. H. Beck, 2003. ISBN 80-7179-738-3. info
  • KLIKOVÁ, CH., KOTLÁN, I. Hospodářská politika: teorie a praxe. Ostrava: Sokrates, 2006. ISBN 80-86572-04-8. info
  • ATKINSON, B., BAKER, P., MILWARD, B. Economic Policy. PalgraveMcMillan, 1996. ISBN 9780333650479. info
  • HEYWOOD, A. Political Theory. PalgraveMcmillan, 2004. ISBN 978-0333961803. info
    recommended literature
  • O'SULLIVAN, A., SHEFFRIN, S., PEREZ, S. Macroeconomics: Principles, Applications, and Tools. Sacramento, 2007. ISBN 9780132329286. info
  • PAULÍK, T. Hospodářská politika. Karviná: SU OPF, 2002. ISBN 80-7248-148-7. info
  • VINCÚR, P. A KOL. Teória a prax hospodárskej politiky. Bratislava: Sprint, 2007. ISBN 978-80-89085-80-4. info
  • ŽÁK, M. A KOL. Učebnice hospodářské politiky II. (HP 202). Praha: VŠE, 2000. ISBN 80-245-0028-0. info
  • HEYWOOD, A. Politics. PalgraveMcmillan,, 2013. ISBN 978-0230363373. info
  • ŘÍCHOVÁ, B. Úvod do současné politologie. Praha: Portál, 2007. ISBN 978-80-7367-348-2. info
  • STIGLITZ, J.E. Jiná cesta k trhu : hledání alternativy k současné podobě globalizace. Praha: Prostor, 2003. ISBN 80-7260-095-8. info
  • ŽÁK, M. Hospodářská politika. Praha: Vysoká škola ekonomie a managementu, 2007. ISBN 978-80-86730-04-2. info
  • ŠAROCH, S. A KOL. Vybrané kapitoly z hospodářské politiky. Praha: VŠE, 2002. ISBN 80-901004-7-3. info
  • KUBÍČEK, J. Hospodářská politika. Plzeň: A. Čeněk, 2006. ISBN 80-86898-99-7. info
Teaching methods
Lecturing
Assessment methods
Grade
Test
Language of instruction
Czech
Teacher's information
The condition of signing up for the final oral exam is successful completion of on-going test.
Additional tasks: research and study of the literature related to the given issue, search of statistical data on the Internet

Activity Difficulty [h]
Ostatní studijní zátěž 83
Přednáška 26
Zkouška 40
Summary 149
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
The course is also listed under the following terms Winter 2016, Winter 2017, Winter 2018, Winter 2019, Winter 2020, Winter 2021, Winter 2022, Winter 2023, Winter 2024, Winter 2025.
  • Enrolment Statistics (Winter 2026, recent)
  • Permalink: https://is.slu.cz/course/opf/winter2026/EVSNKHPB