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The Decentralisation of the Urban Planning Process Demonstrated on Example of the Agglomeration of Brno
Tichý, Jan ; Májek, Jan (referee) ; Pavlovský, Tomáš (advisor)
This thesis focuses on the determination of main changes in the urban planning process to allow for a better and more effective urban design. It applies the work of the Austrian School of Economics on urban planning and regulations. It critically reviews current system of urban planning, it's hierarchy, decision-making process, the role of public, and the role of private ownership and investment. It aims to offer a solution for an improvement in various fields of urban development. Results of this work are applied on an example of the agglomeration of Brno.
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The role of bank loans to non-financial corporations in a business cycle
Kavalírek, Jan ; Mandel, Martin (advisor) ; Kovanda, Lukáš (referee)
The theoretical part of the thesis introduces Austrian theory of business cycles and analyses equilibrium of savings and investments together with the transmission mechanism between savings, deposits, loans and investments. The practical part of the thesis explores business cycle and credit cycle. It analyses an excessive loan expansion of commercial banks together with a excessively expansive policy of central bank. The thesis deals with a procyclical action of commercial banks and contemporary tools of central bank with their limited effectiveness. Furthermore, the thesis analyses the possible adjustments of monetary policy with the emphasis on the macroprudential policy and its individual credit indicators. The end of the thesis deals with the method of credit rationing and with the imbalance between demand and supply at the credit market of non-financial corporations, which is modelled using the technique of disequilibrium model.
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The Decentralisation of the Urban Planning Process Demonstrated on Example of the Agglomeration of Brno
Tichý, Jan ; Májek, Jan (referee) ; Pavlovský, Tomáš (advisor)
This thesis focuses on the determination of main changes in the urban planning process to allow for a better and more effective urban design. It applies the work of the Austrian School of Economics on urban planning and regulations. It critically reviews current system of urban planning, it's hierarchy, decision-making process, the role of public, and the role of private ownership and investment. It aims to offer a solution for an improvement in various fields of urban development. Results of this work are applied on an example of the agglomeration of Brno.
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(Non)Austrian General Theory of the Good
Ivanská, Barbora ; Špecián, Petr (advisor) ; Chmelová, Pavla (referee)
The thesis is concerned with the question whether the general theory of the good as formed by Carl Menger is in accordance with the methodology of the Austrian school of economics. The individual aspects of the general theory of the good contradicting the methodological subjectivism are identified using a theoretical analysis based on the initial characteristics of methodology and theory. The general theory of the good had become a part of Austrian paradigm despite some of its flaws. It is Mises's, Hayek's and especially Rothbard's ways of using this theory that are subjected to criticism in this thesis.
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Analysis of the 2008 Financial Crisis and its Impact on the Economies of selected Countries
Svatoš, Ondřej ; Vopátek, Jiří (advisor) ; Stejskalová, Aranka (referee)
This work provides a specific overview of the actual economic crisis that hit countries in euroatlantic area in 2008. It mainly investigate political actions and economic events that preceded the crisis, or influenced it when running. Countries of interest are the USA and some chosen EU countries. This works goal is to assess the impact of the crisis on the economies of selected countries, to analyze the basic causes of inability of politicians and theoretical economists to effectively response to the crisis and propose possible solutions based primarily on the Austrian school of economics.
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Causes of the economic crisis in the Eurozone according to the Austrian school of economics
Coritar, Jan ; Pavlík, Zdeněk (advisor) ; Voříšková, Barbora (referee)
The main objective of this bachelor thesis is an analysis of the economic crisis in the Eurozone. This analysis is based on the principles of the Austrian business cycle theory, which is different from the mainstream economics. This thesis examines the causes that led to the outbreak of the economic crisis and how adoption of the single currency led to increased economic division among member states. Subsequently, there is an examination of the impact of the crisis on the member economies and what does the present situation in Eurozone look like. In other words what are the main hurdles still hindering the rebalancing of the economic division among member countries and what are the latest measures taken by ECB.
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Money, Time and Information: An Austrian Approach
Nohejl, Jiří ; Koderová, Jitka (advisor) ; Plíva, Rostislav (referee)
Thesis "Money, Time and Information: An Austrian Approach" presents analysis on theory of money through classic view of Austrian economics which is combined with mutual dependence of system complexity, time and information. Money are considered as market emergent phenomena and therefore as its basic element. Spontaneous processes leads into origin of complex economic structures which are not static, but in constant evolution. Emerging complexity makes reduction of economic phenomena to aggregates or index numbers impossible. It is therefore important to comprehend these problems in context of structure and time in which structural change come into existence. This thesis emphasizes relation of money to informational and intertemporal role of prices and interest rate. This approach is then applied to possibility of monetary and regulatory policy to perceive all those complex interdependencies.
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