EMBA CEP_Part 1 - COMPARATIVE ECONOMIC POLICY BOD Pter kos...

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MBA Programs MBA Programs © COMPARATIVE ECONOMIC POLICY BOD, Péter Ákos EBME, Fall 2013 Lecturer's NamePéter Ákos BOD
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MBA Program MBA Programs Lecturer's NamePéter Ákos BOD 2 Comparative economic policy What is this course about? Economic policy has an impact on your life, influences your business – whether you understand it or not Policies differ country by country, and according to values of the governments, and are contingent on conditions Our goal is to understand the motives, main institutions, toolbox and mechanisms of economic policy making – in open economies (e.g. Hungary or other CEE country or any other market based system) .
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MBA Program MBA Programs Lecturer's NamePéter Ákos BOD 3 Course info Read the Reader (it is a must), read country reports and professional papers; you are expected to become a (sort of) macro economic analyst by the end of the course. Prepare and present country analysis to the class. Grade: written exam (closed book) at the end. Excellent presentation may earn you bonus points.
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MBA Program MBA Programs Lecturer's NamePéter Ákos BOD 4 Course outline Basics of Macroeconomics – Money, National Income, Production, Inflation Economic systems : planned economy (economies), market economy (economies) – models and real life variations Regime change – transformation from planned to fully fledged market economy; emerging markets, social market economy; Economic policy of the transformation process : ownership structure, economic structure, pros and cons of openness, legacies of former structures and consequences for countries of Central Eastern Europe Varieties of national policies (monetary, fiscal, structural, social); role of supranational players; policy room of member states in EU integration
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