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Course info
KEM / MAKR
:
Course description
Department/Unit / Abbreviation
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KEM
/
MAKR
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Academic Year
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2023/2024
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Academic Year
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2023/2024
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Title
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Macroeconomics 2
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Form of course completion
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Pre-Exam Credit
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Form of course completion
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Pre-Exam Credit
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Accredited / Credits
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Yes,
6
Cred.
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Type of completion
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-
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Type of completion
|
-
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Time requirements
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Lecture
2
[Hours/Week]
Tutorial
2
[Hours/Week]
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Course credit prior to examination
|
No
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Course credit prior to examination
|
No
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Automatic acceptance of credit before examination
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Yes in the case of a previous evaluation 4 nebo nic.
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Included in study average
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NO
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Language of instruction
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Czech
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Occ/max
|
|
|
|
Automatic acceptance of credit before examination
|
Yes in the case of a previous evaluation 4 nebo nic.
|
Summer semester
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0 / -
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0 / -
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0 / -
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Included in study average
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NO
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Winter semester
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140 / -
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0 / -
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0 / -
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Repeated registration
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NO
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Repeated registration
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NO
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Timetable
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Yes
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Semester taught
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Winter semester
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Semester taught
|
Winter semester
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Minimum (B + C) students
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15
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Optional course |
Yes
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Optional course
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Yes
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Language of instruction
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Czech
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Internship duration
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0
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No. of hours of on-premise lessons |
|
Evaluation scale |
S|N |
Periodicity |
každý rok
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Periodicita upřesnění |
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Fundamental theoretical course |
Yes
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Fundamental course |
No
|
Fundamental theoretical course |
Yes
|
Evaluation scale |
S|N |
Substituted course
|
KEM/MAKR2
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Preclusive courses
|
N/A
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Prerequisite courses
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N/A
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Informally recommended courses
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N/A
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Courses depending on this Course
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KEM/SZEK, KEM/SZEKN
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Histogram of students' grades over the years:
Graphic PNG
,
XLS
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Course objectives:
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The aim of this course is to: provide the knowledge of partial macroeconomic theoretical concepts in world economic theory and of possibilities and consequences of their practical economic-political implications; explain real economic phenomena including foreign relations.
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Requirements on student
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Requirements for credit: (successfully passed credit test of Macroeconomics II is to achieve at least 60 points (out of 100 maximum possible). The duration of the semester test is 90 minutes.
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Content
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- Equilibrium production in two-sector model.
- Equilibrium production in three-sector model.
- IS - LM model.
- IS - LM model and effect of monetary and fiscal policy.
- Open economy and determination of equilibrium production.
- Fixed and flexible exchange rates, capital mobility, monetary and fiscal policy.
- Aggregate demand: introduction to analysis.
- Aggregate supply: introduction to analysis.
- Labour market, unemployment, Phillips curve.
- Augmented Phillips curve.
- Inflation.
- Methods of inflation treatment.
- Long-term economic growth.
Additional information for students of so-called combined study form is available in Courseware.
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Activities
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Fields of study
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Guarantors and lecturers
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-
Guarantors:
Doc. Ing. Lukáš Pfeifer, Ph.D. (100%),
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Lecturer:
Doc. Ing. Lukáš Pfeifer, Ph.D. (100%),
Ing. Vendula Tesařová, Ph.D. (100%),
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Tutorial lecturer:
JUDr. Ing. David Martinčík, Ph.D. (40%),
Ing. Vendula Tesařová, Ph.D. (30%),
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Examiners:
Doc. Ing. Lukáš Pfeifer, Ph.D.,
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Literature
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Basic:
Soukup, J.; Pavelka T.; Pošta, V. Makroekonomie. Praha, 2018. ISBN 978-80-726-1537-7.
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Basic:
Holman, Robert. Makroekonomie. Středně pokročilý kurz.. Praha, C. H. Beck, 2018. ISBN 978-1-4292-1887-0.
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Recommended:
Mankiw, G.. Macroeconomics. Worth Publishers, 2010. ISBN 978-1-4292-1887-0.
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Recommended:
Mach, Miloš. Makroekonomie II : pro magisterské (inženýrské) studium. 1. a 2. část. Slaný : Melandrium, 2001. ISBN 80-86175-18-9.
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Recommended:
Mach, Miloš. Řešené problémy ke kursu makroekonomie II. 1. vydání. Jinočany : Nakladatelství H&H, 1992. ISBN 80-85467-89-5.
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On-line library catalogues
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Time requirements
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All forms of study
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Activities
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Time requirements for activity [h]
|
Preparation for formative assessments (2-20)
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40
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Contact hours
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52
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Preparation for comprehensive test (10-40)
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64
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Total
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156
|
|
Prerequisites
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Knowledge - students are expected to possess the following knowledge before the course commences to finish it successfully: |
explain the basic macroeconomic models |
describe the principles of national economy working including the interactions with foreign |
explain fundamental macroeconomic variables |
Skills - students are expected to possess the following skills before the course commences to finish it successfully: |
distinguish the basic macroeconomic approaches according their assumptions |
interpret the values of macroeconomic variables |
estimate the change in behavior of macroeconomic system with respect to the the change of the parameter of the model |
Competences - students are expected to possess the following competences before the course commences to finish it successfully: |
N/A |
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Learning outcomes
|
Knowledge - knowledge resulting from the course: |
explain the methodology of modern macroeconomics |
explain intermediate macroeconomic models |
explain in detail the principles of national economy working and its interactions with foreign |
understand the theoretical effects of policy-makers' decision s on the main variables of national economy performance |
Skills - skills resulting from the course: |
analyze intermediate macroeconomic model from the points of view of their content and their form |
apply intermediate macroeconomic theories to real situations |
distinguish and formulate basic conceptual framework of recent macroeconomic schools |
Competences - competences resulting from the course: |
N/A |
|
Assessment methods
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Knowledge - knowledge achieved by taking this course are verified by the following means: |
Test |
Skills - skills achieved by taking this course are verified by the following means: |
Skills demonstration during practicum |
Competences - competence achieved by taking this course are verified by the following means: |
Test |
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Teaching methods
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Knowledge - the following training methods are used to achieve the required knowledge: |
Lecture |
One-to-One tutorial |
Self-study of literature |
Skills - the following training methods are used to achieve the required skills: |
Practicum |
Competences - the following training methods are used to achieve the required competences: |
Self-study of literature |
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