Sylabus
https://cetacademicprograms.com/college-study-abroad/programs/czech-republic/cet-prague/
Required reading materials (the Reader) will be sent to the enrolled students via e-mail as a pdf file.
One copy of the reader will also be available in the CET Library.
Anotace
This course introduces the basic principles of the global economic system. The primary focus is on the states as principal actors of the contemporary world economy and macroeconomic policies of the states.
Although the course takes predominantly the global perspective, regional (EU) and local (Czech) specifics are introduced in the selected parts of the course, primarily through field visits. The policies discussed in the first part of the course are put into historical context to explain the origins and empirical experience with the policies concerned. Most attention is given to policies affecting finance and technologies in the economy.
The second part of the course introduces the growing interdependence of states, i.e., globalization. For this purpose, a gentle introduction to international economics is provided to allow for discussion of the globalization effects. The other world economy actors, such as multinational corporations and regional economic integrations, are discussed with particular focus on the European perspective. Specific attention is given to the Czech economy after the transition.
The last part of the course is dedicated to current issues of the major centers of the present world economy, i.e., the USA, the EU, and developed Asia, to discuss the risks related to policies run in the regions concerned.