Óbudai Egyetem - Keleti Károly Gazdasági Kar
Intézet: Gazdaság- és Társadalomtudományi Intézet (1084 Budapest, Tavaszmező u. 15-17.) Kreditérték: 3
Tagozat: Nappali Nyelv: magyar Félév: 2011/12/1
Szakok: Gazdálkodási és menedzsment BSc alapszak; Kereskedelmi és marketing BSc alapszak; Műszaki menedzser BSc alapszak;
Tantárgyfelelős oktató: Dr. Medve András Oktatók: Dr. Csillag István;
Előtanulmányi feltételek: English exam of intermediate level type A or B, or accomplishment of a course for terminology. For students of business and management: English terminology I-II.
Heti/Féléves óraszámok: Heti Előadás: 1 Tantermi gyakorlat: 1 Labor: 0 Konzultáció: 0
Félévzárás módja (követelmény): félévközi jegy
Oktatási cél: The aim of this course to understand the basics of economic policy. The course introduces the underlying values of policies, the theoretical background, the functions and mechanisms of various policies. This course applies the well-known methods of comparative economic systems, as main efforts are focused on the introduction of the most important institutions and the institutional framework.The historical background of institutions and development of theories and practice is also emphasized. Relations and functions of macroeconomy (e.g. IS-LM ; AD-AS functions) are embedded in economic policy solutions in situ.
Félévközi követelmények
(feladat, zh. dolgozat, esszé, stb):
- It is compulsory to take part on lectures and seminars.
- The level of absence cannot exceed the level written in TVSZ. mértéket.
- Two written exams ont he 8th (test) and the 13th week (final written exam).
- Missed written exam(s) can be made up on the 14Th week.
- For those whose absence level had exceeded the regulated level missed written exams cannot be made up for.

Students have the possibility to replace one of their exam by an essay of no more than 5 (test) or 10 (Written final eam) pages on a pre-approved EP topic. The essay must be handed in before 10 am on the last Friday of previous week of the exam both electronically and in print

Oktatási hét
1. The main aims of economc policy, most important players. The collisions of national framework of economic policy and the playfield of global, world market.
2. Functions of economc policy. Aims and tools. The simple model of macroeconmy: Aggregate demand(AD) and aggregate supply(AS) functions; the I(vesment)S(avings)-L(iquidity)M(oney) functions
3. The development of theoretical background: the role of state intervention.Values and theories: classical, keynesianism, new-classical theory.
4. The institutions and instruments of economc policy I. State budget: Expenditures and Taxes. The macroeconomc stabilization : supply-side and demand-side interventions and the multiplication function.
5. The Institutions and instruments of economc policy II. Monetary policy. Regulation of money-supply, Interest-rate and exchange-rate mechanisms. Inflation, stagflation.
6. The Institutions and instruments of economc policy III. Trade-policy. Possibilities of economc policy in open and in closed economy. Current-account and capital account. Multinationals and national policies.
7. The Institutions and instruments of economc policy IV. State ownership and Privatization. Competition- Policy
8. The Institutions and instruments of economc policy V. Structural and regional policies. Collisions of environmental protection and Ifrstructural development. Externalities and internalization.
Zárthelyi.röpdolgozat (Max 25 perc) Test about the first part of the course
9. The Institutions and instruments of economc policy VI. Influence of international organizations on economc policy. Washington consensus, European Union. Economc interration and state intervention. Overflows and contagion.The possibilities of joining to the euro-zone.
10. The most important players int he formulation of national economic policy. Transparency and influence of interest-groups, lobbying. Understanding macroeconomic tendencies and statistics.
11. The Hungarian economic policy during the twenty years of transformation. Privatization, Institution-building, Interactions and programs
12. The Hungarian economic policy during the twenty years of transformation. The origins of cyclical stop and go policy. Reforms and Changes.
13. Zárthelyi dolgozat (max 80 perc) Written exam.
14. Zárthelyi dolgozatok pótlása (max. 80 perc)
Az értékelés, a lebonyolítás,
a pótlás módja,
a jegy kialakításának szempontjai:
The written exam is evaluated as follows:
0-54%: fail (1)
55%-64%: pass (2)
65%-74%: good (3)
75%-84%: very good (4)
85%-100%: excellent (5)
Once the grades are available an inspection hour will be organised.
Kötelező irodalom: (Compulsory literature) : Acella,Nicola: The Foundations of Economc Policy. Cambridge University Press. 1998. or 2006.
Ajánlott irodalom: Stiglitz,Joseph E.: The economcs of the public sector .W.W.NortonCo.2000.