ESF:MPE_MAE2 Macroeconomics 2 - Course Information

MPE_MAE2 Macroeconomics 2

Extent and Intensity

2/0/0. 4 credit(s). Type of Completion: zk (examination).
In-person direct teaching

Teacher(s)

doc. Ing. Jan Čapek, Ph.D. (lecturer)
prof. Ing. Zdeněk Tomeš, Ph.D. (lecturer)
doc. Ing. Libor Žídek, Ph.D. (lecturer)
Ing. Filip Červenka, Ph.D. (assistant)
Mgr. Jakub Chalmovianský, Ph.D. (assistant)
Ing. Martin Kutlak (assistant)

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

Prerequisites (in Czech)

(! MPE_AMA2 Macroeconomics 2 ) && (! MKE_MAE2 Macroeconomics 2 ) && (!NOWANY( MKE_MAE2 Macroeconomics 2 , MPE_AMA2 Macroeconomics 2 ))

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 19 fields of study the course is directly associated with, display

Course objectives

The main objective is to introduce students to modern macroeconomics. The objectives are to
- offer a balance between short-run and long-run issues in macroeconomics,
- integrate the insights of Keynesian and classical theories,
- present macroeconomics using a variety of simple models,
- emphasize that macroeconomics is an empirical discipline, motivated and guided by a wide array of experience. To this end, numerous Case Studies are presented that use macroeconomic theory to shed light on real-world data and events.
The approach followed in the course asks students to think like economists, who always keep various models in mind when analysing economic events or public policies.

Learning outcomes

After successful completion, student will be able to competently discuss various macroeconomic topics and understand the underlying mechanisms behind observed macroeconomic development.
More specifically, student will be able to, among others,
- explain the difference between short-run and long-run models,
- understand the determination of output in the long run and describe the deviations of output from potential product in the short run,
- distinguish the main determinants of long-run economic growth,
- predict the effects of fiscal and monetary policies in various macroeconomic conditions.

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
• HOLMAN, Robert. Makroekonomie : středně pokročilý kurz. 2. vyd. Praha: C.H. Beck, 2010, xiv, 424. ISBN 9788071798613. info

Teaching methods

lectures

Assessment methods

Final written multiple-choice test + (voluntary) quizzes during lectures. The course can be completed in case of a stay abroad: participation in lectures is optional, and the exam can be taken after returning. 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 (probably available only in Czech)

The course is taught annually.
The course is taught: every week.
General note: Přednášky jsou dostupné online a ze záznamu.
Information on course enrolment limitations: max. 30 cizích studentů; cvičení pouze pro studenty ESF

Listed among pre-requisites of other courses

• MKE_MAE2 Macroeconomics 2
  (!MPE_AMA2) && (!MPE_MAE2) && (!NOWANY(MPE_MAE2,MPE_AMA2)) && forma(K)  
• MPE_AMA2 Macroeconomics 2
  (!MKE_MAE2) && (!MPE_MAE2) && (!NOWANY(MPE_MAE2,MKE_MAE2))  

• Enrolment Statistics (Spring 2025, recent)
  
• Permalink: https://is.muni.cz/course/econ/spring2025/MPE_MAE2