Study programmes / C-RD Regional Development / State Interference and Business
Course code:STI
Course title in language of instruction:Státní ingerence a podnikání
Course title in Czech:Státní ingerence a podnikání
Course title in English:State Interference and Business
Mode of completion and number of credits:Exam (4 credits)
(1 ECTS credit = 28 hours of workload)
Mode of delivery/Timetabled classes:full-time, 3/0; part-time, 14/0
(full-time, hours of lectures per week / hours of seminars per week; part-time, lectures per period / seminars per period)
Language of instruction:Czech
Level of course:master; master continuing
Semester:WS 2018/2019 - FRDIS
Name of lecturer:prof. Dr. Ing. Libor Grega (supervisor)
Prerequisites:not State Interference and Business in English
 
Aims of the course:The objective of the course is explain economic justification of state ingerences, determine market failures, character of state interventions in industries with market power and in international trade, to determine taxes and public expenditures as a form of state intervention, to determine policies for support of competitiveness in the markets and government failures.
Course contents:
1.Welfare economics (allowance 6/0)
 
a.Neoclassical approach
b.New welfare economics

2.Typology of state interventions (allowance 3/0)
3.Market failures (allowance 8/0)
 
a.Excessive market power
b.Externalities
c.Public goods
d.Inequality

4.Government policies for support of competitiveness of market environment (allowance 3/0)
 
a.Antitrust policy
b.Price and non-price regulation

5.State ingerence in international trade (allowance 8/0)
 
a.Tariff and non-tariff barriers of trade
b.Export support
c.Support of underdeveloped industries

6.Taxes as a form of state ingerence (allowance 5/0)
 
a.Theory of taxation
b.Impact and transfer of taxes

7.Public expenditures as a form of state ingerence (allowance 2/0)
8.Government failures (allowance 1/0)

Learning outcomes and competences:
Generic competences:
 
-ability to analyse and synthesize
-ability to apply knowledge
-spirit of enterprise

Specific competences:
 
-Ability to economically argue government intervention in the marketplace.
-Knowledge of the CR and EU policies to promote competition.
-Knowledge of the tools of economic regulation and the ability of their applications.

Type of course unit:required
Year of study:Not applicable - the subject could be chosen at anytime during the course of the programme.
Work placement:There is no compulsory work placement in the course unit.
Recommended study modules:none
Assessment methods:Condition for termination of the course is the successful presentation and defense of the analysis of the seminar work. The exam consists of written test.
Evaluation:
- Attendance max. 10 points (80% = 10 points)
- Seminar work max. 30 points
- written exam test max. 60 points (50 minutes, min. 30 points)

Overall assessment:
A 100-90 pts
B 89-80 pts
C 79-70 pts
D 69-60 pts
E 59-50 pts
 
Learning activities and study load (hours of study load)
Type of teaching methodDaily attendanceCombined form
Direct teaching
     lecture36 h14 h
     consultation5 h0 h
     public presentation (oral)3 h0 h
Self-study
     preparation for exam40 h63 h
     preparation of presentation10 h10 h
     writing of seminar paper18 h25 h
Total112 h112 h

Basic reading list
  • BLAŽKOVÁ, I. Státní ingerence a podnikání. 1st ed. Brno: Mendelova univerzita v Brně, 2013. 139 p. ISBN 978-80-7375-797-7.
  • FERGUSON, P R. -- FERGUSON, G J. Business Economics : The Application of Economic Theory. 1st ed. London: The Macmillan Press, 1993. 15 p. ISBN 0-333-54247-9.
  • GREGA, L. Ekonomická opodstatněnost podpory zemědělství. Brno: Mendelova zemědělská a lesnická univerzita v Brně, Provozně ekonomická fakulta, 2005. 50 p. ISBN 80-7157-829-0.
  • JOHANSSON, P. An introduction to modern welfare economics. Cambridge: Cambridge University Press, 1991. 176 p. ISBN 0-521-35616-4.
  • KAHN, A E. The economics of regulation : principles and institutions. Cambridge, Mass.: MIT Press, 1988. 199 p. ISBN 0-262-61052-3.
  • MANKIW, N G. Zásady ekonomie. 1st ed. Praha: Grada Publishing, 2000. 763 p. ISBN 80-7169-891-1.
  • ROTHBARD, M N. Ekonomie státních zásahů. Praha: Liberální institut, 2005. 443 p.
  • SOJKA, M. Dějiny ekonomických teorií. 1st ed. Praha: Havlíček Brain Team, 2010. 541 p. ISBN 978-80-87109-21-2.
  • The economics of taxation. Cambridge, Mass.: MIT Press, 226 p. ISBN 0-262-19486-4.
  • The microeconomics of market failures. Cambridge: MIT Press, 224 p. ISBN 0-262-19443-0.