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Inflation Analysis - the Case of the Czech Republic
Korpasová, Kateřina ; Burian, Stanislav (advisor) ; Stará, Dana (referee)
This bachelor thesis focuses on process and development of inflation in the Czech Republic. The study is divided into two parts, when the first one is theoretical. The first part describes inflation in general and its key terms like price level and quantification with price indexes. The study subsequently defines the causes of inception of inflation and the types of inflation, its impact on economy and economy policy. The next, analytical, part focuses practically on the determinants in process of inflation and analyse this proces as well. The study deals with its changing and with causes of these changes. Because the macroeconomic indicators are closely connected, there is also a short evaluation of conditions of unemployment and increasing GDP for each year. The lenght of investigated period is fifteen years and it is from year 2001 to year 2015. Each year is defined more detailed and the causes of changes of the process of inflation are explained. Units of the market basket, which had percentual impact on changes of process of inflation, are also defined for each year.
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