SubjectsSubjects(version: 982)
Course, academic year 2026/2027
  
   
World Economy - AB501035
Title: World Economy
Guaranteed by: Department of Economics and Management (837)
Faculty: Central University Departments of UCT Prague
Actual: from 2025
Semester: both
Points: 6
E-Credits: 6
Examination process:
Hours per week, examination: 2/2, C+Ex [HT]
Capacity: winter:unknown / unknown (unknown)Schedule is not published yet, this information might be misleading.
summer:unknown / unknown (unknown)Schedule is not published yet, this information might be misleading.
Min. number of students: unlimited
State of the course: taught
Language: English
Teaching methods: full-time
Level:  
Note: course can be enrolled in outside the study plan
enabled for web enrollment
you can enroll for the course in winter and in summer semester
Guarantor: Pošta Vít doc. Ing. Ph.D.
Maialeh Robin doc. Ing. Ph.D.
Classification: Economics > Economy
Examination dates   Schedule   
Annotation
The course is focused on the comparison of key world economies. The spotlight is then turned on the analysis of EU economy. The topics deal not only with real markets but also with the current issues of financial markets and public debt.
Last update: Pošta Vít (13.01.2021)
Course completion requirements -

To be admitted to the written exam, the student needs to regularly participate in working-group presentations during the semester. The final exam is based on an analysis of a macroeconomic report.

Last update: Pošta Vít (12.09.2023)
Literature -

R: NYU Stern Department of Economics: The Global Economy. CreateSpace Independent Publishing Platform. 2016. New York.

A: Baldwin R., Wyplosz, C.: The Economics of European Integration. McGraw-Hill. 2015. London.

Last update: Scholleová Hana (16.12.2021)
Teaching methods -

Lectures with discussion – explanation of macroeconomic indicators, principles of the world economy, and analysis of current data. Case study analysis – comparison of economies such as the EU, USA, Japan, China, and others, evaluating policies and outcomes.

Last update: Scholleová Hana (15.01.2026)
Requirements to the exam -

To be admitted to the written exam, the student needs to regularly participate in working-group presentations during the semester. The final exam is based on an analysis of a macroeconomic report.

Last update: Pošta Vít (12.09.2023)
Syllabus -

1. Gross domestic product and related variables in the EU, USA, Canada, Japan, China and other world economies.

2. Economic growth and business cycle in the EU, USA, Canada, Japan, China and other world economies.

3. Price level, inflation in the EU, USA, Canada, Japan, China and other world economies.

4. Key characteristics of the labor markets in the in the EU, USA, Canada, Japan, China and other world economies.

5. Systematic risk and its relation to the real economy development.

6. Government sector in the EU, USA, Canada, Japan, China and other world economies.

7. Trade patterns in the world economies.

8. Banking sector of the world economies.

9. Real and financial markets interactions in the world economies.

10. Economic performance within the EU.

11. Economic growth within the EU.

12. Labor markets within the EU.

13. Real and nominal convergence within the EU.

14. Real and financial markets interactions in the world economies.

Last update: Botek Marek (17.01.2020)
Learning outcomes -

Upon completion of the course, students will be able to:

Understand key macroeconomic indicators (GDP, inflation, labor markets) in major world economies and the EU.

Analyze economic growth, business cycles, and price levels and their impact on the real economy.

Characterize labor markets, government sector roles, and the functioning of banking systems.

Evaluate international trade patterns and interactions between real and financial markets.A

ssess economic performance, growth, and processes of real and nominal convergence in the EU.

Apply acquired knowledge to interpret economic data and develop informed recommendations in a global context.

Last update: Scholleová Hana (15.01.2026)
Teaching methods
Activity Credits Hours
Účast na přednáškách 1 28
Příprava na přednášky, semináře, laboratoře, exkurzi nebo praxi 3 84
Příprava na zkoušku a její absolvování 1 28
Účast na seminářích 1 28
6 / 6 168 / 168
 
VŠCHT Praha