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The Contemporary State of the Czech Economy due to the Financial Crisis of 2007–08
Ngo, Thanh Long ; Svoboda, Roman (advisor) ; Soukup, Alexandr (referee)
This bachelor thesis contains the theoretical and analytical part. In the theoretical part, basic concepts, which are important for macroeconomics (gross domestic product, inflation, unemployment, balance of payments, fiscal policy, monetary policy and the economic cycle) were explained.
In the analytical part, the causes of the crisis which occurred in the United States in 2007 and affected the world economy were described. Thesis deals with macroeconomic indicators (GDP, inflation, unemployment, balance of trade) and development of the Czech Republic from 1999 to 2014. Furthermore, the discussions with respondents on the current state of the Czech economy and the consequences of the financial crisis, which affected their finances, were presented. The current and predicted future state of the Czech economy was determined.
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