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Lecturer(s)
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Tetřevová Liběna, prof. Ing. Ph.D.
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Course content
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Basic conception and problems of macroeconomics. Basic economic concepts of macroeconomics. Aggregated supply and demand. Potential national product. National Product - determination, measures, distribution of income. Investment, Investment demand, simple multiplier theory. Money, banks, money market, inflation. Unemployment, labour market. The balance of international payments. Business cycles, Theory of growth, Economic Policy. Fiscal policy, state budget. Monetary policy. International trade, International trade policy.
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Learning activities and teaching methods
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Monologic (reading, lecture, briefing), Dialogic (discussion, interview, brainstorming), Work with text (with textbook, with book), Demonstration
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Learning outcomes
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The goal of lessons is to present for students basics of macroeconomics as a first step for understanding the elementary economic and national policy, function of the market mechanism and international trade. Traditional and current principles of macroeconomic theory are presented. The attention is paid to the macroeconomic policies that guaranteed fluent development of economy and long-term prosperity according to the principles of sustainable development and environmental protection.
After finishing are students acquainted with elementary economic and political consequences of macroeconomics. They are able to interpret economical-political steps of individual macroeconomic subjects and they are able to predict its influence on corporate level.
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Prerequisites
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Knowledge in mathematics on high school level is needed for study of the subject.
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Assessment methods and criteria
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Written examination
Written exam required. Level of acquired knowledge, approaches, as well as skill in practice application is examined. At the end of term the knowledge is verified by examination paper, its result is considered as a part of final classification. Emphasis is placed on ability to implicate theoretical knowledge to the practical level of socio-economical conditions in Czech Republic and European Union.
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Recommended literature
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Jurečka, V. a kol. Makroekonomie. Praha: Grada, 2013.
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Samuelson, P. A.; Nordhaus, W. D. Ekonomie. Praha: NS Svoboda, 2013.
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Sirůček, P. Ekonomie pro přijímací zkoušky na navazující magisterský studijní program na VŠE v Praze. Praha: Oeconomica, 2011.
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Tetřevová, L. Makroekonomie. PPT Presentations. Univerzita Pardubice, STAG, 2014.
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