EK901 Central European Countries Economic Overview

School of Business Administration in Karvina
Summer 2008
Extent and Intensity
0/2/0. 5 credit(s). Type of Completion: z (credit).
Teacher(s)
Ing. Monika Piskorzová, Ph.D. (seminar tutor)
Guaranteed by
Ing. Monika Piskorzová, Ph.D.
Departament of Economics and Public Administration – School of Business Administration in Karvina
Course Enrolment Limitations
The course is offered to students of any study field.
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 industrial 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)
  • 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)
    11. Industry of Central European Countries (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), its 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 of its use.
    5. Productivity in Central European Countries (V-4)
    Productivity of labour, starting level and its development within years 1990-2000. 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 ten years of the last century. 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 and productivity of labour. 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)
    Problems of 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.
    11. Industry of Central European Countries (V-4)
    Basic characteristic of industrial structure of CE countries (V-4) in the beginning of nineteen's. Development of industrial production and structural changes within years 1990-2000. Export industry openness of CE countries (V-4)

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
Czech
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 1990, Summer 1991, Winter 1991, Summer 1992, Winter 1992, Summer 1993, Winter 1993, Summer 1994, Winter 1994, Summer 1995, Winter 1995, Summer 1996, Winter 1996, Summer 1997, Winter 1997, Summer 1998, Winter 1998, Summer 1999, Winter 1999, Summer 2000, Winter 2000, Summer 2001, Winter 2001, Summer 2002, Winter 2002, Summer 2003, Winter 2003, Summer 2004, Winter 2004, Summer 2005, Winter 2005, Summer 2006, Winter 2006, Summer 2007, Winter 2007.
  • Enrolment Statistics (recent)
  • Permalink: https://is.slu.cz/course/opf/summer2008/EK901