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Lecturer(s)
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Provazníková Romana, doc. Ing. Ph.D.
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Course content
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Determination of balanced production in two-sector model. Determination of balanced production in three-sector model. Goods market and IS curve, money market (assets) and LM curve, model IS-LM. Efficiency of fiscal and monetary policy in IS-LM model. Net exports and balance in the market of goods and services in the open economy. Balance of payments, BP curve, IS-LM-BP model and balanced production. Basic problems of the exchange rate determination in long and short period. Devaluation (depreciation), current account and level of incomes. Characteristic of aggregate demand and supply. Unemployment, inflation and Phillips curve. Business cycles and economic growth.
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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)
- Preparation for a credit (assessment)
- 30 hours per semester
- Preparation for an exam
- 50 hours per semester
- Independent critical reading
- 20 hours per semester
- Home preparation for classes
- 36 hours per semester
- Contact teaching
- 14 hours per semester
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Learning outcomes
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The aim of the course is to acquaint the students with the picture of macroeconomics at the contemporary level and depth and provide the students with basic knowledge and methods of macroeconomics. The accent is put on the ability to use acquired knowledge not only at the theoretical level but also at various levels of the national economy.
Students will be able to use acquired knowledge not only in the macroeconomics but also in related fields of the study i.e. microeconomics, public economics etc. Furthermore, students will understand how to apply various approaches in solving essential economic problems and how to select appropriate methods and defend it with necessary arguments.
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Prerequisites
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unspecified
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Assessment methods and criteria
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Oral examination, Written examination
The assignment is granted upon passing a written test in LMS Moodle. The examination is written. For obtaining an exam it is necessary to achieve 60 persent.
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Recommended literature
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DORNBUSCH, R., FISCHER, S.:. Makroekonomie. Praha: SPN a Nadace Economics, 1994.
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FROYEN, R. T.:. Macroeconomics Theories and Politics. New York: Prentice Hall, 2004.
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Holman, R. Makroekonomie, středně pokročilý kurz. Sbírka řešených otázek a příkladů. 2. vydání. Praha: C. H. Beck, 2018. ISBN 978-80-7400-723-1.
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Holman, R. Makroekonomie středně pokročilý kurz, 1. vydání, 2018. Praha, 2018.
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MACH, M.:. Makroekonomie pro inženýrské studium. Slaný: Melandrium, 2003.
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PROVAZNÍKOVÁ, R., VOLEJNÍKOVÁ, J.:. Makroekonomie - Cvičebnice. Slaný: Melandrium, 2003.
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ROJÍČEK, M., SPĚVÁČEK, V., VEJMĚLEK, J., ZAMRAZILOVÁ, E. , ŽĎÁREK V. Makroekonomická analýza: teorie a praxe. Praha, 2016. ISBN 978-80-247-5858-9.
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SOUKUP J. a kol. Makroekonomie: Moderní přístup, 4. vydání, 2022. Praha: Management Press, 2022. ISBN 978-80-7261-596-4.
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