BPE_MAC1 Macroeconomics 1

Ekonomicko-správní fakulta
jaro 2013
Rozsah
2/2. 8 kr. Ukončení: zk.
Vyučující
Renata Ivanova (přednášející)
Renata Ivanova (cvičící)
Garance
doc. Ing. Libor Žídek, Ph.D.
Katedra ekonomie – Ekonomicko-správní fakulta
Kontaktní osoba: Ing. Bc. Bohdana Čechová
Dodavatelské pracoviště: Katedra ekonomie – Ekonomicko-správní fakulta
Rozvrh
Pá 12:00–13:35 S311; a Út 26. 2. 16:20–17:55 P103
  • Rozvrh seminárních/paralelních skupin:
BPE_MAC1/01: Pá 13:45–15:20 S311; a Út 26. 2. 18:00–19:35 P103, R. Ivanova
Předpoklady
! PEMAAI Macroeconomics I
Omezení zápisu do předmětu
Předmět je nabízen i studentům mimo mateřské obory.
Předmět si smí zapsat nejvýše 80 stud.
Momentální stav registrace a zápisu: zapsáno: 0/80, pouze zareg.: 0/80, pouze zareg. s předností (mateřské obory): 0/80
Mateřské obory/plány
Cíle předmětu
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.
Osnova
  • I. Introduction
  • Lecture 1 (Feb. 22nd). Introduction. Gross domestic product (GDP) and its components. National income accounting.
  • Reading: Textbook, Chapter 22.
  • II. The Economy in the Long Run: The building blocks of the Macroeconomy
  • Lecture 2. (Feb. 26th)*. Economic growth: Theory and policy. Lessons from the data
  • Reading: Textbook, Chapter 25.
  • Lecture 3. (March 8th). National income and its sources
  • Reading: Textbook, Chapter 23.
  • Lecture 4. (March 15th). Labor markets and unemployment
  • Reading: Textbook, Chapter 28.
  • Lecture 5. (March 22nd). Money and Inflation
  • Reading: Textbook, Chapter 29-30.
  • Lecture 6. (March 29th). The Open Economy
  • Reading: Textbook, Chapter 31-32.
  • MIDTERM EXAM (April 5th)
  • III. The Economy in the Short Run: Business Cycle Fluctuations
  • Lecture 7. (April 12th). The model of aggregate demand and aggregate supply
  • Reading: Textbook, Chapter 33.
  • Lecture 8. (April 19th). The Influence of monetary and fiscal policy on aggregate demand
  • Reading: Textbook, Chapter 34.
  • Lecture 9. (April 26th). Aggregate supply and the short-run trade-off between inflation and unemployment
  • Reading: Textbook, Chapter 35.
  • Lecture 10. (May 3rd). Macroeconomic policy debates
  • Reading: Textbook, Chapter 36.
  • Lecture 11. (May 10th). Government debt
  • Lecture 12. (May 17th). International financial crises
  • *Lecture 2 and Ex. Session 2 are rescheduled on February 26th, 2013 instead of March 1st, 2013. Please, note that it is a onetime change only.
Literatura
    povinná literatura
  • 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.
  • Additional materials:
  • Journal articles and handout will be announced and/or distributed during the class.
Výukové metody
There will be one lecture and one practical session per weak. A written midterm test, four problem sets as homework assignments, a term paper, and a written final exam. Students are encouraged to work on homework assignments in small groups of maximum 3 people. Each group submits only one hard copy of their solutions.

Metody hodnocení
Students´ grade for the course will be based on their performance on the following items:

20 % Midterm exam
15 % Homework
20 % Term project
40 % Final exam
5 % Class participation/Quizzes
100 % Total

ACADEMIC HONESTY

Cheating will not be tolerated and will be severely punished. No communication with fellow students or use of any materials (books, notes, or cheat sheets) during midterm test and final exam are allowed. You will get only one warning during an examination. A second warning will result in a failing grade for the assignment. No laptops or mobile phones are allowed during the midterm test and final exam.
Vyučovací jazyk
Angličtina
Informace učitele
http://is.muni.cz/el/1456/jaro2013/BPE_MAC1
The readings, assignments, and lecture slides will be uploaded on the course page above.


CLASS POLICIES

Lateness, cell phones, texting, private conversations and any other destructive behavior will be considered inappropriate. You are NOT allowed to use laptops during the class.
Your active participation (questions and comments) in class is expected. Please, do not be shy! There are no silly questions!


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Studijní materiály
Předmět je dovoleno ukončit i mimo zkouškové období.
Předmět je vyučován každoročně.
Nezapisují si studenti, kteří absolvovali předmět PEMAAI. Předmět je ekvivalentní předmětu BPE_MAE1.
Nachází se v prerekvizitách jiných předmětů
Předmět je zařazen také v obdobích podzim 2009, jaro 2011, jaro 2012, jaro 2014, jaro 2015, jaro 2017, jaro 2018, jaro 2019, jaro 2020, jaro 2021, jaro 2022, jaro 2023, jaro 2024, jaro 2025.