MPE_CMAE Seminar in Macroeconomics

Faculty of Economics and Administration
Spring 2024
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
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
The course is also listed under the following terms Spring 2010, Spring 2011, Spring 2012, Spring 2013, Spring 2014, Spring 2015, Spring 2016, Spring 2017, Spring 2018, Spring 2019, Spring 2020, Spring 2021, Spring 2022, Spring 2023, Spring 2025.
  • Enrolment Statistics (Spring 2024, recent)
  • Permalink: https://is.muni.cz/course/econ/spring2024/MPE_CMAE