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The Current Financial Crisis Through the Eyes of the Austrian School
Pfeifer, Lukáš ; Ježek, Tomáš (advisor) ; Munzi, Tomáš (referee)
The thesis aims to defend the irreplaceable role of the Austrian business cycle theory in explaining the current financial crisis in the U.S.. Attention is also paid to applied measures of American economic policies and their impact on the elimination of the purification process of the recession. Furthermore, the work deals with the identification of preventive measures, which would reduce the likelihood of the occurrence of economic cycles. Recommendations by representatives of the Austrian School are described as difficult to implement on the basis of number of arguments. In the work are therefore proposed more realistic measures to limit the volatility of the economic cycle, which emanate mainly from the composite price index, which is the subject of this text. The index reflects the price development in all stages of production and should therefore in monetary policy matters replace the current use of price indicators, based on the inflated scale of consumption, taking into account only minimal effects of monetary expansion. The work deals with the calculation of the composite price index for the United States, which used the instrument of Skounsen indicator of gross domestic output. The development of the composite price index in the US is then analyzed and compared with the development of other macroeconomic variables. Based on this examination, we recommend the use of composite price index for monetary policy regime of inflation targeting and the implementation thereof by the Federal Reserve monetary policy.
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The convergence process of the Czech Republic to European monetary union
Kutinová, Hana ; Mandel, Martin (advisor) ; Skoupil, Lubomír (referee)
The aim of this thesis is to evaluate the convergence process of the Czech Republic. The thesis describes the historical background of the Treaty on European Union and the criteria for adopting the euro are described in detail. The convergence process of the Czech Republic is viewed from the perspective of a nominal convergence (inflation rates, government finance, exchange rates, long-term interest rates) as well as a real convergence (measured by GDP per capita in purchasing power parity). Further, the attention is paid to the institutional framework of fiscal policy of the Czech Republic. Indicators of economic harmonization are also analyzed, such as the business cycle, interest rates, exchange rates and stock indices. The comparative method is used to evaluate -- development indicators are compared over time and with countries in a similar position with the Czech Republic.
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True Money Supply
Dufek, Michal ; Písař, Pavel (advisor) ; Czesaný, Slavoj (referee)
This thesis deals with the real money supply (True Money Supply). Monetary aggregates (M1, M2, M3) used in mainstream economics is that, in many respects inaccurate and therefore unsuitable. TMS monetary aggregates are preferable aggregates M1, M2, M3, because it counted some of the cash items twice, unlike M1, M2, M3, and therefore more accurately reflects the evolution in monetary economics. The aim of this work is based on established theory of money, count the real money supply (TMS1, TMS2) and investigate its characteristics and relationship with respect to selected economic indicators, which are: the monetary aggregate M2, the consumer price index (CPI), industrial producer price index (PPI), the discount rate, two-week repo rate, index of the Prague Stock Exchange (PX), the total volume of loans. Confrontation between TMS1 and TMS2 with selected economic indicators, can lead to a more accurate understanding of the causes of changes in the economy over the economic cycle. The theoretical part is to define the concept of money, creation, development, development of the banking system; commodity mode and paper (FIAT) money. The analytical part will try to uncover hidden phenomena and causal relationships between the real money supply and the development of the economy. The work is based on the methodology of the Austrian School of Economics, whose praxeologie seems to me the most because of its clarity and consistency. Without this theory, we could not understand the question: What else is money and what is not?
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Analysis of MS Dynamics AX 2009 usability in retail
Svata, Bohuslav ; Pour, Jan (advisor) ; Luks, Martin (referee)
Theme of this thesis is utilization of ERP system MS Dynamics AX 2009 in retail environment. Its main goal is to create analysis that will evaluate suitability of MS Dynamics AX implementation in retail business. This goal is realized by achieving three steps. First step is introduction and analysis of retail business processes. This includes introduction of general process in theory followed by description of typical needs and requirements of retail enterprise. Second step is analysis of functionality offered by MS Dynamics AX and identification of its deficiencies in terms of usability in retail. Third step is creation of solution proposal for requirements that are not covered by MS Dynamics AX functionality. Contribution of this thesis is introduction of common needs and requirements of retail enterprise in chosen business segment. Also practical demonstration of how are key business processes supported by MS Dynamics AX. At last added value is also in creating a solution proposal, which will solve identified deficiencies by means of program customization. Structure of thesis is based on key business processes of retail and it's divided to theoretical and practical part. Chapters of each part are sorted into order of product life cycle, which is purchase, logistics and sales. Practical part also deals with product management.
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The effect of unstable ankle bone on the stability of standing and walking
Schořová, Jitka ; Schreier, Bronislav (referee) ; Pelc, Tomáš (advisor)
The diploma thesis "The influence of chronic ankle instability on postural stability of standing position and gait" deals with the theme of the chronic ankle instability and its role in gait and maintaining the postural stability. In the theoretical partis summarised basic kinesiology of the ankle joint and gait analysis, which is esspecially focused on muscles cooperationand movements in ankle joint. Furthermore, there is gathered knowledge about chronic ankle instability etiology. In the research part were twenty active sportsmen chosen and were devided into two groups. The first group included ten subjects with chronic ankle instability. The second group included ten subjects as a control. The aim of this research was to evaluate the relation between chronic ankle instability and subject ́s movement in the ground, its gait cycle and the loading respons of the lower legs. For the measurement and the objectivisation of chosen parameters were used specific tasks on stabilometric platform the Balance Master® System and the FDM platform®. We suggested significant differencies between the two groups. Powered by TCPDF (www.tcpdf.org)
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Low-energy houses in Czech Republic
Svobodová, Jana ; Vejchodská, Eliška (advisor) ; Slavíková, Lenka (referee)
The main goal of the thesis is building up low-energy houses in the Czech Republic, especially family houses. In my thesis, I describe the history of low-energy development in the Czech Republic, a possible future and some foreign experience. I compare the standard version of development, which is demanded by Czech laws, with the low-energy version by means of SWOT and financial analysis. I try to define a life cycle assessment of a building, its environmental impact during its construction and usage by means of LCA method. Based on the findings of LCA method I would like to draw attention to the necessity to focus more on the low-energy development. The results of financial analysis shows that it is necessary to implement some instruments of environmental policy in order to support the low-energy development and project, such as tax preferences for low-energy development etc.
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Kinematics analysis of basketball player's movement and shooting
Pantůček, Stanislav ; Zahálka, František (advisor) ; Kaprálek, Tomáš (referee)
Name: Kinematics analysis o basketball player's movement and jump shot Main task: Analysis technical method facture movement in jump shot after the one and more dnoble. Comparison and subsequently resulting evaluation kinetic cycle intraindividualni steadiness single shooting attempt laid player and appreciation inter-particular steadiness fulfilment kinetic cycle tracked insider. Method: Space kinematic analysis fulfilment kinetic cycle in jump shot and areal kinematic analysis ball flight trajectory. Results: Adventitious record reflect spatio-temporal solving (in the technical fulfilment) single shooting attempt investigation player, below suggestive of kritical points and singles phases at classification laid shooting attempt in analyze group. Endeavour be formed didactic interpretation in traning. Keyswords: basketbal!, jump shot, space and areal kinematics analysis
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Kinesiological Analysis of the Rowing Stroke
Zbořilová, Martina ; Bačáková, Radka (advisor) ; Kračmar, Bronislav (referee)
Title: Kinesiological Analysis of the Rowing Stroke. Objectives: The aim of this thesis is to obtain, to analyse and process the data on the activity and involvement of selected measured muscles, working during one rowing stroke - in the drive part and in the recovery part. Methods: The work is processed by a kinesiological analysis of selected movement of the rowing stroke, based on the determination of muscle activation. Electromyography method was synchronized with the video recording. Results: Based on the sequences of the muscle activation was described their order and sequence in the actual shot of the rowing stroke (drive phase and recovery). We have proved that in the rigorous technical performance are always activated the same muscles in the exactly same order. Individual deviations from the correct technique in measuring appeared and thus enable their correction. Keywords: Electromyography, stroke, rowing, muscles.
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Autoimmune ovarian damage in adolescent girls, the impact antiovarian antibodies to irregular menstrual cycles and fertility
Kosová, Hana ; Hořejší, Jan (advisor) ; Grim, Miloš (referee) ; Fučíková, Terezie (referee) ; Ulčová-Gallová, Zdeňka (referee)
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