Economics of Power, Wealth and Poverty - HASC12

• Title: Economics of Power, Wealth and Poverty
• Guaranteed by: International Office (22-ZO)
• Faculty: Faculty of Law
• Actual: from 2022
• Semester: winter
• Points: 0
• E-Credits: 3
• Examination process: winter s.:written
• Hours per week, examination: winter s.:2/0, Ex [HT]
• 4EU+: no
• Virtual mobility / capacity: no
• State of the course: cancelled
• Language: English
• Teaching methods: full-time
• Teaching methods: full-time
• Note: course can be enrolled in outside the study plan; enabled for web enrollment; all departments can announce the exam date
• Guarantor: Mgr. Ing. Miroslav Zajíček, M.A., Ph.D.

Annotation

English

Last update: Mgr. Miroslav Sojka (18.09.2019)

The course provides a broad explanation of world economy inequalities, sources of prosperity and it also explains how legal and other norms shape the world we live in. It illuminates the relationship of legal and other social norms on one hand and political and economic institutions on the other. It provides many historical and contemporary examples of the impact that various political and economic institutions have in the course of economic development. The course can be understood as a parallel and also an economic reinterpretation of the course "History of State and Law in Europe and the USA".

Czech

Last update: doc. PhDr. Marta Chromá, Ph.D. (23.10.2019)

The course provides a broad explanation of world economy inequalities, sources of prosperity and it also explains how legal and other norms shape the world we live in. It illuminates the relationship of legal and other social norms on one hand and political and economic institutions on the other. It provides many historical and contemporary examples of the impact that various political and economic institutions have in the course of economic development. The course can be understood as a parallel and also an economic reinterpretation of the course "History of State and Law in Europe and the USA".

Literature

Last update: Mgr. Miroslav Sojka (18.09.2019)

Obligatory:

• Daron Acemoglu, James Robinson. Why Nations Fail: The Origins of Power, Prosperity and Poverty. 2012.
• Niall Ferguson. Civilization. The West and the Rest. The Penguin Press. 2011.

Recommended:

• Jared Diamond. Guns, Germs and Steel in History: The Fates of Human Societies. W.W.Norton. 1997.
• Jared Diamond. Collapse: How Societies Choose to Fail or Succeed. Viking Press. 2005.
• Mancur Olson. The Rise and Decline of Nations: Economic Growth, Stagflation and Social Rigidities. New Haven. 1982.
• Niall Ferguson. Empire: How Britain Made the Modern World. London. 2003.
• Jeffrey Sachs. The End of Poverty: Economic Possibilities for Our Time. Penguin Press. 2005.
• Abhijit V. Banerjee, Ester Duflo. A Radical Rethinking of the Way to Fight Global Poverty. PublicAffairs. 2011.
• Douglas North, Robert Thomas. The Rise of the Western World: A New Economic History. 1973.
• Ronald Coase, Ning Wang. How China Became Capitalist. New York, Palgrave MacMillan. 2005.
• Voigt, Stefan. Institutional Economics: An Introduction. Cambridge University Press . 2019.

Requirements to the exam

Last update: doc. PhDr. Marta Chromá, Ph.D. (30.10.2019)

The course is concluded by the written examination that also constitutes 100% of the course evaluation.

The final exam is based on lectures and basic literature. The understanding and application of lectured material is tested. 

The focus put on independent application of the concepts and theories to particular legal and economic problem or to explaining

specific historical events.

Syllabus

English

Last update: Mgr. Miroslav Sojka (18.09.2019)

1. So close and yet so different.

2. Theories that Do Not Work

3. Making of prosperity and Poverty

4. Small Differences and Critical Junctures

5. Growth under Extractive Institutions

6. Institutional Drift

7. Barries to Development

8. 1688 - The Turning Point

9. Reversing Dvelopment

10. The Diffusion of Prosperity

11. The Virtuous Cycle

12. The Vicious Cycle

13. Why Nations Fail Even Today?

14. Breaking the Mould

15. Understanding Power, Prosperity and Poverty

 

Czech

Last update: doc. PhDr. Marta Chromá, Ph.D. (30.10.2019)

1. So close and yet so different.

2. Theories that Do Not Work

3. Making of prosperity and Poverty

4. Small Differences and Critical Junctures

5. Growth under Extractive Institutions

6. Institutional Drift

7. Barries to Development

8. 1688 - The Turning Point

9. Reversing Dvelopment

10. The Diffusion of Prosperity

11. The Virtuous Cycle

12. The Vicious Cycle

13. Why Nations Fail Even Today?

14. Breaking the Mould

15. Understanding Power, Prosperity and Poverty

 

Course completion requirements

Last update: Mgr. Miroslav Sojka (18.09.2019)

The course is concluded by the written examination that also constitutes 100% of the course evaluation.

The final exam is based on lectures and basic literature. The understanding and application of lectured material is tested. 

The focus put on independent application of the concepts and theories to particular legal and economic problem or to explaining

specific historical events.