ESF:MPE_CMAE Seminar in Macroeconomics - Course Information

MPE_CMAE 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)
Ing. Filip Červenka, Ph.D. (seminar tutor)
Mgr. Jakub Chalmovianský, Ph.D. (seminar tutor)
Ing. Martin Kutlak (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_CMAE/01: Tue 10:00–11:50 P302b, except Tue 2. 4., F. Červenka
MPE_CMAE/02: Tue 8:00–9:50 S311, except Tue 2. 4., F. Červenka
MPE_CMAE/04: Tue 14:00–15:50 P102, except Tue 2. 4., F. Červenka
MPE_CMAE/06: Mon 14:00–15:50 S311, F. Červenka

Prerequisites (in Czech)

(! MPE_ACMA Seminar in macroeconomics ) && (!NOWANY( MPE_ACMA 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

there are 12 fields of study the course is directly associated with, display

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, the 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

• Macroeconomic data
• National Income
• Money and Inflation
• Open Economy
• Unemployment
• Economic growth
• ISLM model
• Mundell-Fleming model
• Monetary and Fiscal Policy

Literature

required literature
• MANKIW, N. Gregory. Macroeconomics. Tenth edition. New York: Macmillan international, higher education, 2019, xxxv, 612. ISBN 9781319105990. info
• MANKIW, N. Gregory. Macroeconomics. Ninth edition. New York: Worth Publishers, 2016, xxxv, 642. ISBN 9781464182891. info

recommended literature
• 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
• HOLMAN, Robert. Makroekonomie : středně pokročilý kurz. 1. vyd. Praha: C.H. Beck, 2004, xiv, 424. ISBN 8071797642. info

Teaching methods

Seminars relate to the course Macroeconomics 2 and allow the student to solve examples, elaborate case studies and discuss.

Assessment methods

two written tests during the semester + work/activity in the seminars + project and its defense in the debate. It is possible to take the course while staying abroad: the interim tests are online and can be taken from anywhere, the work on the exercises can be examined additionally after the return and, if necessary, the debate can also be simulated after the return. You can find details about the possibility of completing the course in case of staying abroad in the interactive syllabus.

Language of instruction

Czech

Further Comments

Study Materials
The course is taught annually.

Listed among pre-requisites of other courses

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

• Enrolment Statistics (Spring 2024, recent)
  
• Permalink: https://is.muni.cz/course/econ/spring2024/MPE_CMAE