BPE_AMA1 Macroeconomics 1 (for Czech studies)

Faculty of Economics and Administration
Spring 2019
Extent and Intensity
2/2/0. 8 credit(s). Type of Completion: zk (examination).
Daviti Jibuti (lecturer)
Daviti Jibuti (seminar tutor)
Guaranteed by
doc. Ing. Libor Žídek, Ph.D.
Department of Economics - Faculty of Economics and Administration
Contact Person: Mgr. Jarmila Šveňhová
Supplier department: Department of Economics - Faculty of Economics and Administration
Fri 8:00–9:50 S311
  • Timetable of Seminar Groups:
BPE_AMA1/01: Fri 10:00–11:50 S311, D. Jibuti
Prerequisites (in Czech)
(! BKE_MAE1 Macroeconomics 1 ) && (! BPE_MAE1 Macroeconomics 1 ) && (! BPE_MAC1 Macroeconomics 1 ) && (! NOWANY ( BKE_MAE1 Macroeconomics 1 , BPE_MAE1 Macroeconomics 1 , BPE_MAC1 Macroeconomics 1 ))
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.

The capacity limit for the course is 7 student(s).
Current registration and enrolment status: enrolled: 0/7, only registered: 0/7
fields of study / plans the course is directly associated with
there are 70 fields of study the course is directly associated with, display
Course objectives
The course is devoted to applications and policy. The major objective of the course is to help students to understand recent developments in Macroeconomics. Over the semester, students will learn stylized facts of business cycle fluctuations, economic growth, and unemployment. Students will become familiar with macroeconomic data and will learn how to construct and use major macroeconomic statistics. We will analyze the issues of open economy such as gains from trade and implications of different exchange rate regimes. Finally, students will be familiarized with a scope of policies used to improve macroeconomic performance.
  • Lecture 1.Introduction. Measuring of Nation's Income (Chapter 10)
  • Lecture 2.Measuring the Cost of Living (Chapter 11)
  • Lecture 3.Production and Growth (Chapter 12)
  • Lecture 4.Saving, investment and the financial system (Chapter 13)
  • Lecture 5.Unemployment and its natural rate(Chapter 14)
  • Lecture 6.Money, Monetary System and Inflation (Chapter 15 and 16)
  • Lecture 7.The Open Economy I (Chapter 17)
  • Lecture 8.The Open Economy II (Chapter 18)
  • Lecture 9.Aggregate demand and aggregate supply (Chapter 19)
  • Lecture 10.The influence of monetary and fiscal policy on aggregate demand (Chapter 20)
  • Lecture 11.The short-run tradeoff between inflation and unemployment (Chapter 21)
  • Lecture 12.The causes of financial crisis of 2007-2009
    required literature
  • Textbook:
  • MANKIW, N. Gregory. Principles of economics. 4th ed. Mason: Thomson Higher Education, 2007. 896 s. ISBN 9780324224726. info
  • Any later editions of the above mentioned textbook you find in the library would do. Lecturer urges students to read the textbook in English rather than its Czech translation.
Assessment methods
Grades will be based on student´s performance in the Midterm exam (30%), Project presentation(20%) and Final exam (50%).
Language of instruction
Further comments (probably available only in Czech)
Study Materials
The course is taught annually.
General note: Předmět je ekvivalentní českému předmětu BPE_MAE1 a může být za něj uznán. Předmět je také ekvivalentem BPE_AMA1.
Listed among pre-requisites of other courses
Teacher's information
The course is also listed under the following terms Spring 2017, Spring 2018.
  • Enrolment Statistics (recent)
  • Permalink: https://is.muni.cz/course/econ/spring2019/BPE_AMA1