Course detail

Financial Theories

FAST-ZV56Acad. year: 2024/2025

Monetaristic and keynesian theory of money function. Company’s finances, present value and alternative cost of capital. Risk theory. Risk and returns, capital budgeting and risk. Management of capital costs and evaluating of their next effect. Financing of corporations. Dividend policy and capital structure. Interactions of investment and financial decisions. Debt financing, protection before financial risk. Short term financial decisions. Fiscal policy. International finances.

Language of instruction

Czech

Mode of study

Not applicable.

Guarantor

Ing. Amálie Hejduková

Department

Institute of Structural Economics and Management (EKR)

Entry knowledge

Knowledge of economical theory, basic orientation in bank and capital business.

Rules for evaluation and completion of the course

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Aims

Comprehension of difference between monetaristic and keynesian theory of money function. Ability to manage company’s finances in consideration of risk, work with different sources of financing in short term and long term financial decisions.

Study aids

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Brealey R., Myres S.C.: Teorie a praxe firemních financí. Victoria Publishing 1992
Friedman M.: Svoboda volby.
Sojka M.: J. M. Keynes a současná ekonomie. Grada Publishing Praha 1999

Recommended literature

Not applicable.

Type of course unit

 

Lecture

39 hod., optionally

Teacher / Lecturer

Ing. Amálie Hejduková

Syllabus

1.-2. Monetaristic and keynesian theory of money function. 3. Present value of money and alternative costs of capital. 4. Risk theory. Portfolio risk management. 5. Capital budgeting and risk. 6. Managing of capital costs and evaluation of their next result. 7. Dividend policy and capital structure. 8. Short term and long term financial decisions. 9. Interactions of investment and financial decisions. 10. Fiscal policy. International finances.