ESF:MPE_ACMA Seminar in macroeconomics - Course Information

MPE_ACMA Seminar in macroeconomics

Extent and Intensity

0/2/0. 5 credit(s). Type of Completion: z (credit).

Teacher(s)

doc. Ing. Jan Čapek, Ph.D. (seminar tutor)

Guaranteed by

doc. 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

Timetable of Seminar Groups

MPE_ACMA/01: Tue 11:05–12:45 P312

Prerequisites (in Czech)

(! MPE_CMAE Seminar in Macroeconomics ) && (!NOWANY( MPE_CMAE 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 / plans the course is directly associated with

• Economics (Eng.) (programme ESF, N-EKT)

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

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 every test in the overal score is 30 %. The remaining 40 % of points is active participation in the seminars. Minimum score for passing the course is 60 % from all points.

Language of instruction

English

Further Comments

Study Materials
The course is taught annually.

Listed among pre-requisites of other courses

• MPE_CMAE Seminar in Macroeconomics
  (!MPE_ACMA) && (!NOWANY(MPE_ACMA))  

• Enrolment Statistics (Spring 2018, recent)
  
• Permalink: https://is.muni.cz/course/econ/spring2018/MPE_ACMA