MPE_CMAE Seminar in Macroeconomics

Faculty of Economics and Administration
Spring 2020
Extent and Intensity
0/2/0. 5 credit(s). Type of Completion: z (credit).
Teacher(s)
Ing. Jan Čapek, Ph.D. (seminar tutor)
Ing. Mgr. Vlastimil Reichel (seminar tutor)
Ing. Jakub Solnička (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
Prerequisites (in Czech)
(! MPE_ACMA Seminar in macroeconomics ) && (! NOWANY ( MPE_ACMA Seminar in macroeconomics ))
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
Fields of study the course is directly associated with
there are 13 fields of study the course is directly associated with, display
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.
Syllabus
  • 1/ Macroeconomic data
  • 2/ National Income
  • 3/ Money and Inflation
  • 4/ Open Economy
  • 5/ Unemployment
  • 6/ Economic growth I
  • 7/ Economic growth II
  • 8/ ISLM model
  • 9/ Mundell-Fleming model
  • 10/ Aggregate Supply and Phillips Curve
  • 11/ Monetary and Fiscal Policy
  • 12/ Consumption
Literature
    required literature
  • MANKIW, N. Gregory. Macroeconomics. Ninth edition. New York: Worth Publishers, 2016. xxxv, 642. ISBN 9781464182891. info
    recommended literature
  • MANKIW, N. Gregory. Macroeconomics. 8th ed. Houndmills: Worth Publishers, 2013. xxxvi, 623. ISBN 9781464121678. info
  • MANKIW, N. Gregory. Macroeconomics. 7th ed. New York: Worth Publishers, 2010. xxxiv, 598. ISBN 9781429238120. info
  • 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
    not specified
  • HOLMAN, Robert. Makroekonomie : středně pokročilý kurz. 1. vyd. Praha: C.H. Beck, 2004. xiv, 424. ISBN 8071797642. 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 the tests in the overal score is approximately 50 %. The remaining points can be collected for active participation in the seminars and the debate.
Minimum score for passing the course is 60 % of all points.
Language of instruction
Czech
Further Comments
Study Materials
The course is taught annually.
The course is taught: every week.
Information about innovation of course.
This course has been innovated under the project "Inovace studia ekonomických disciplín v souladu s požadavky znalostní ekonomiky (CZ.1.07/2.2.00/28.0227)" which is cofinanced by the European Social Fond and the national budget of the Czech Republic.

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Listed among pre-requisites of other courses
The course is also listed under the following terms Spring 2010, Spring 2011, Spring 2012, Spring 2013, Spring 2014, Spring 2015, Spring 2016, Spring 2017, Spring 2018, Spring 2019.
  • Enrolment Statistics (Spring 2020, recent)
  • Permalink: https://is.muni.cz/course/econ/spring2020/MPE_CMAE