(in Polish) Contemporary Economic Systems 1155-12-E21-EF-CES

The subject range covers the following topics:
1. Economic systems: the nature of contemporary capitalism – 0,5 hr
2. Capitalism as historical phenomenon – 0,5 hr
3. Market economy versus central planned economy and etatist models – 0,5 hr
4. The state and the economic system – 0,5 hr
5. Models of capitalism – theoretical background and concepts, classifications and comparing criteria – 1,5 hrs
- historical school
- evolutionary economics
- ordoliberal theory of economic order
- comparative economic systems
- institutional economics (“old” and “new”)
- development economics
- comparative political economy
- varieties of capitalism
- cultures of capitalism
- capitalism contra capitalism
- new comparative economics
6. Models of capitalism – applications – 6 hrs
a) Advanced capitalism
- Anglo-Saxon model – USA and Great Britain
- Swedish model
- German Social Market Economy
- Japan
b) Variants of transition to the market economy
- former Soviet Union
- China
- CEE countries
c) Developing countries
7. Is there an optimal model? Comparison of selected models by various perspectives, inter alia: – 3 hrs
- selected policy conceptions and practice
- selected institutional arrangements
- goals and means (efficiency)
- selected economic phenomena
- selected problem-oriented comparisons
8. Receipts for the effective governance structures – institutional analysis – 1,5 hrs
- Washington Consensus
- Euckenian rules of economic order
- Dani Rodrik’s “One Economics, Many Receipts”
- Index of Economic Freedom
- Doing Business
- The Global Competitiveness Index
9. Evolution of economic models in the globalized world – 1 hr
- Convergence or divergence?
- Capitalism in crisis?
- Evolving trends in the global economy – challenges and threads

The students will get access to all presentation shown during the lectures.

Total student workload

Contact hours with teacher: - participation in lectures: 15 hrs - participation in exam: 2 hrs - consultations: 20,5 hrs Self-study hours: - preparation for lectures, reading literature, preparation for exam: 37,5 hrs Altogether: 75 hrs (3 ECTS)

Learning outcomes - knowledge

W1: Student identifies and discusses institutional structures and basic features of contemporary economic models – K_W02 W2: Student explains the evolution of chosen economic systems and their institutional frameworks - KW_08

Learning outcomes - skills

U1: Student selects theoretical concepts to analyze economies of different countries – K_U01

Learning outcomes - social competencies

K1: Student critically assesses different theoretical concepts applied for comparative analysis of contemporary economic models and systems – K_K01

Teaching methods

Problem lecture and lecture with discussion including presentation of basic theoretical concepts and practical examples. Case studies. Multimedia presentation /film.

Expository teaching methods

- description
- problem-based lecture
- participatory lecture

Exploratory teaching methods

- case study

Online teaching methods

- content-presentation-oriented methods
- methods developing reflexive thinking

Prerequisites

Knowledge in micro- and macro core of economics from 1 degree

Course coordinators

Michał Moszyński

Assessment criteria

Assessment methods:
Lecture:
- written credit in the form of a test - W1, U1
- students activity in discussion – K1

Assessment criteria:
Lecture – test/discussion
Fail (2.0) - pts (<50%)
Satisfactory (3.0) - pts (>50%)
satisfactory plus (3.5) - pts (>60%)
good (4.0) - pts (>75%)
good plus (4.5) - pts (>80%)
very good (5.0) - pts (>90%)

Additional information

Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system:

Description of 1155-12-E21-EF-CES in USOSweb