Specialization: course opened to all study programs
Warrantor: doc. PhDr. Martin Bútora
Instructor: Ing. Tomáš Dudáš, PhD.
Lecturing hours (weekly): 2
Credits: 3 ECTS
Date: Tuesday 5 PM - 6.30 PM
Room: A3.12
Working language: English
Evaluation: passed/not passed
Aim of the course: The goal of the course is to present the historical development, current state and the future of the US economy – the largest and most developed economy in the world. The first half of the course concentrates on the most important time periods of the American economy (the era of the robber barons, the roaring twenties and the great depression, Reagonomics, Clintonomics), while the second half describes the current structure and trends and the possible future scenarios.
Preliminary timetable of the course:
1. Introduction
Early_economic_history_of_the_USA
2. The birth of the modern American economy in the 19th century - I
3. The birth of the modern American economy in the 19th century II
4. The Roaring twenties and the great depression
5. The New Deal and the wartime economy
6. The golden age of the US economy – 50s and 60s
7. Crisis in the 70s and the emergence of Reagonomics
8. Economic growth in the 90s and the Clinton era
9. The current global economic crisis and its implications for the American economy
10. The role of innovations in the US economy
11. Rise and fall of the US automotive industry – a case study
12. Future of the American economy
13. Conclusion and closing remarks
