The impact of the crisis on investment decision making

The objective of the thesis was to describe and analyze the key factors that have an impact on investment decision making during the period of economic recession, in this case on the example of current financial crisis. The thesis is divided into three main parts. The first part is about the issue of financial crisis. The second part characterizes basic macroeconomic determinants, which have an influence on the investment cycle. The third part characterizes the theory of effective and ineffective markets, psychology of investors and market bubbles as the key factors influencing the investment decision making during the period of economic crisis