The impact of monetary policy of the Czech National Bank on economic growth in the Czech Republic in the 90s

The theme of the bachelor thesis focuses on the analysis of monetary policy and the research of its effect because monetary policy can heavily influence the behavior of economic subjects. Monetary policy of the Czech National Bank passed in the 90's of significant development, which is described in this thesis. There is no binding precisely defined between monetary policy and economic growth. Therefore the thesis focuses more on signals that the central bank "carries" in the economy and the consequences of their actions. The theoretical part is mainly devoted to the role of the Central bank, its importance and functions. It also describes the tools and aims of monetary policy. It desribes the relationship between monetary policy and economic growth in theoretical way. Analysis of the analytical section is mainly based on empirical -- deductive method. It focuses on actual monetary strategy of the Czech National Bank in the 90's, its development and its implications in the context of economic development in the Czech Republic