MPE_ACMA Seminar in macroeconomics

Faculty of Economics and Administration
Spring 2021
Extent and Intensity
0/2/0. 5 credit(s). Type of Completion: z (credit).
Taught online.
Ing. Jan Čapek, Ph.D. (seminar tutor)
Alla Kachur (seminar tutor)
doc. Ing. Libor Žídek, Ph.D. (seminar tutor)
Guaranteed by
Ing. Jan Čapek, 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
Timetable of Seminar Groups
MPE_ACMA/01: Tue 10:00–11:50 P312, J. Čapek
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
  • Unemployment
  • 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. Students need to work in seminars and their activity in seminars is also evaluated. Minimum score for passing the course is 60 % from all points.
Language of instruction
Further Comments
Study Materials
The course is taught annually.
Listed among pre-requisites of other courses
The course is also listed under the following terms Spring 2016, Spring 2017, Spring 2018, Spring 2019, Spring 2020, Spring 2022.
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