Course: Basic principles of legal regulations of economic inter-relationships

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Course title Basic principles of legal regulations of economic inter-relationships
Course code KPO/PZPEV
Organizational form of instruction Lecture + Seminar
Level of course Master
Year of study 1
Semester Winter
Number of ECTS credits 4
Language of instruction Czech
Status of course Compulsory
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Růžičková Dora, Ing. Ph.D.
  • Zelenská Taťána, JUDr. Mgr. Ph.D.
  • Bellová Jana, Ing. Ph.D.
  • Filipec Ondřej, Mgr. et Mgr. Ph.D.
Course content
1. Law-and-Economics Approaches to Decision-Making 2. Regulation and Economic Performance 3. Economic Efficiency and the Design of Legal Rules 4. Unintended Economic Effects of Regulation 5. Macroeconomic Performance and Its Measurement 6. The Role of the State in a Market Economy 7. The Banking System and Monetary Policy 8. Investment Decision-Making and Financial Markets 9. Taxation and Fiscal Policy 10. International Trade and European Economic Integration 11. Human Capital and the Labour Market 12. The Economics of Crime

Learning activities and teaching methods
Monologic Lecture(Interpretation, Training), Dialogic Lecture (Discussion, Dialog, Brainstorming), Work with Text (with Book, Textbook), Activating (Simulations, Games, Dramatization)
Learning outcomes
The course introduces students to fundamental economic principles and their application in the evaluation of law, regulation, and public policy. It covers law-and-economics approaches to decision-making, economic efficiency, the design of legal rules, and the unintended effects of regulation. Students will also learn about key macroeconomic indicators and methods of measuring economic performance, the role of the state in a market economy, the banking system, and the instruments of monetary and fiscal policy. Additional topics include investment decision-making and financial markets, international trade and European economic integration, human capital and the labour market, and the economic dimensions of crime. The course emphasises understanding the economic consequences of legal and policy decisions and applying economic reasoning to the analysis of specific societal issues.
Students will understand fundamental economic principles and learn to apply them when analysing economic / legal situations. They will acquire the ability to formulate problems accurately, present their views, and develop arguments that take economic considerations into account. They will also develop critical and economically oriented thinking.
Prerequisites
Completion of this course is not conditional upon completion of some other courses.

Assessment methods and criteria
Mark, Written exam, Student performance

To complete the course, students must actively participate in seminars to the extent specified by the seminar instructor and successfully pass the examination. Throughout the course, students are required to work with the course materials available in the MOODLE e-learning environment, following the instructor's guidance.
Recommended literature
  • Bayerová, Vladimíra. (2021). Makroekonomie 1: studijní text pro denní a kombinovanou formu studia bakalářských studijních programů. 2., rozšířené a aktualizované vydání. Brno.
  • Blažek, J. a kol. (2020). Ekonomické základy práva. Wolters Kluwer.
  • Funke, Manuel, Moritz Schularick a Christoph Trebesch. Populist Leaders and the Economy. Nashvill. 2023.
  • Jurečka, Václav, Martin Macháček a kol. (2023). Makroekonomie. 4., aktualizované a rozšířené vydání. Praha.
  • Ódor, Ľudovít. (2023). Rychlokurz geniality.
  • Polinsky, A. Mitchell. (2018). An Introduction to Law and Economics - 5th edition. New York.
  • Schiff, P., Schiff, A. (2010). Ekonomické bajky. Dokořán.
  • Soukup, Jindřich, Vít Pošta, Pavel Neset a Tomáš Pavelka. (2022). Makroekonomie. 4., aktualizované vydání. Praha.
  • Sunstein, Cass R. (2023). Advanced Introduction to Behavioral Law and Economics. Cheltenham.
  • Titze, Miroslav. (2026). Makroekonomické ukazatele ? praktické příklady. Praha.
  • Zamir, Eyal a Doron Teichman. (2018). Behavioral Law and Economics. New York.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Law Study plan (Version): European Law and EU Policies (EPAPEU2022) Category: Law, legal and public administration proceeding 1 Recommended year of study:1, Recommended semester: Winter