ESF:MPE_ACMA Seminar in macroeconomics - Course Information
MPE_ACMA Seminar in macroeconomicsFaculty of Economics and Administration
- Extent and Intensity
- 0/2/0. 5 credit(s). Type of Completion: z (credit).
- Ing. Jan Čapek, Ph.D. (seminar tutor)
doc. Ing. Libor Žídek, Ph.D. (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
- Prerequisites (in Czech)
- (! MPE_CMAE Seminar in Macroeconomics ) && (! NOWANY ( MPE_CMAE Seminar in Macroeconomics ))
- Course Enrolment Limitations
- The course is only offered to the students of the study fields the course is directly associated with.
- fields of study / plans the course is directly associated with
- Course objectives
- The main goal of the course is to complement theoretical knowledge about macroeconomics with practical applications. Specifically, the goal is to
- illustrate the working of macroeconomic mechanisms by using examples with real macroeconomic data,
- broadening the understanding of basic macroeconomic principles with practical historical examples,
- discuss possible different impacts of implemented economic policies,
- practise understanding mutual interrelationships between macroeconomic variables,
- develop the ability to think economically and use theoretical knowledge to explain the causes of specific macroeconomic phenomena and address specific macroeconomic problems.
- Learning outcomes
- Upon successful completion of this course, the student will have a broader view of macroeconomics, will know the broader links among macro-variables and will be able to discuss specific macroeconomic problems.
Specifically, student will be able to, for example,
- calculate basic macroeconomic variables such as GDP, inflation, or unemployment from underlying data,
- understand specific impacts on long-term economic growth of events such as changing the rate of savings, changing population growth, war, etc.
- calculate short- and long-term equilibria in simple macroeconomic models,
- consider alternative potential impacts of model changes in fiscal, monetary, or trade policy.
- Macroeconomic data
- National Income
- Money and Inflation
- Open Economy
- Economic growth
- ISLM model
- Mundell-Fleming model
- Aggregate Supply and Phillips Curve
- Monetary and Fiscal Policy
- required literature
- MANKIW, N. Gregory. Macroeconomics. Tenth edition. New York: Macmillan international, higher education, 2019. xxxv, 612. ISBN 9781319105990. info
- MANKIW, N. Gregory. Macroeconomics. Ninth edition. New York: Worth Publishers, 2016. xxxv, 642. ISBN 9781464182891. info
- recommended literature
- KAUFMAN, Roger T. Student guide and workbook for use with Macroeconomics N. Gregory Mankiw. 6th ed. New York: Worth Publishers, 2007. xiii, 378. ISBN 9780716773399. info
- Teaching methods
- Seminars relate to the course Macroeconomics 2 and allow student to solve examples, elaborate case studies and discuss.
- Assessment methods
- There two written tests during the semester. Weight of each test in the overal score is 30 %. The remaining 40 % of points is active participation in the seminars. Minimum score for passing the course is 60 % from all points.
- Language of instruction
- Further Comments
- The course is taught annually.
The course is taught: every week.
- Listed among pre-requisites of other courses