Hello,
First of all, thank you very much for presentation. I uploaded all the presentations and texts from November 25 to MS Teams. I will upload Tom and Karel’s text later.
Secondly, below I send questions from each presentation / essay that may appear in the final test. No further questions from your presentations / texts that took place on November 25 will appear in the test. (I will add questions from Tom and Karel’s text later).
The questions are asked in general, they are not some precise and specific formulations of the questions. It is also not necessary to answer these questions with a long text, it is enough to have about 2-3 sentences as an answer. It is not necessary to learn any graphs (with one exception, see below), diagrams or equations, etc. Just know the basics.
- Beatriz: Why have world interest rates fallen to current low levels?
- What are the reasons for low interest rates? (Give reasons only from the real economy, not the actions of central banks.) Here it is necessary to be able to draw a graph of savings and investment.
- Matúš: Is GDP a suitable indicator for economic development in an open economy?
- What is gross domestic product (GDP)? How is it calculated?
- What do you know about “substitutes” (alternatives) to gross domestic product? How do you think these alternatives are better?
- Guilherme:
- What is real and nominal convergence?
- Nikola:
- What are the causes of the global financial crisis in 2008?
- What does a “bubble” in the asset market (e.g. real estate market) mean?
- What is a credit rating agency?
My colleague Jiří Pour and I will send you more information about the final test in the coming days (by the end of this week or the beginning of next week).
Have a nice day.
Best,
Ondrej