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).

Teacher(s)

doc. Ing. Ondřej Krčál, Ph.D. (lecturer)
prof. Ing. Zdeněk Tomeš, Ph.D. (lecturer)
Ing. Miroslav Hloušek, Ph.D. (assistant)

Guaranteed by

prof. Ing. Zdeněk Tomeš, Ph.D.
Department of Economics – Faculty of Economics and Administration
Contact Person: Lydie Pravdová

Timetable

Mon 9:20–11:00 P106, Mon 9:20–11:00 P101

Prerequisites (in Czech)

! PEMAII Macroeconomics II

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 (programme ESF, M-EKT)
• Economics (programme ESF, N-EKT)
• Financial Management (programme ESF, M-HPS)
• Financial Management (programme ESF, N-HPS)
• Economic Policy and International Relations (programme ESF, N-HPS)
• Economic Policy (programme ESF, M-HPS)
• Economic Policy (programme ESF, N-HPS)
• Mathematical and Statistical Methods in Economics (programme ESF, N-KME)
• Mathematics - Economics (programme PřF, N-AM)
• Business Management (programme ESF, M-EKM)
• Business Management (programme ESF, N-EKM)
• Regional Development and Administration (programme ESF, M-HPS)
• Regional Development and Administration (programme ESF, N-HPS)
• Public Economics (programme ESF, M-HPS)
• Public Economics (programme ESF, N-HPS)

Course objectives

Macroeconomics II (PEMAII) The principal aim of this continuation course (intermediate level) is to continue the course Macroeconomics I and broaden the knowledge introducing new theoretical ideas, illustrating them by means of quantitative tools, and finally, to apply them to the Czech economy. Verifying the applicability of principal economic postulates to the Czech economy in the process of transformation will be of no less importance. The subject matter will be oriented on the following topics: enhanced analysis of aggregate supply and demand, labour market and money market forms, instruments and efficiency of fiscal and monetary policy in securing the balance between individual markets macroeconomics of open economy resulting in the Mundell-Fleming model. Mastering these topics represents the prerequisites for the study of macroeconomics in the doctoral economic studies. Examination: written (a test including computations of examples). A part of examination is formed by a seminar paper (about 10 pages) on an approved topic linked with the application of economic theory to Czech economic conditions.

Syllabus

• 1/ GDP 2/ Economic growth 3/ Unemployment 4/ Consumption and investment 5/ Exchange rates 6/ Money and monetary policy 7/ ISLM model 8/ Aggregate supply and inflation 9/ ASAD model 10/ Fiscal policy 11/ Supply side policy 12/ Open economy macroeconomics

Literature

• MANKIW, N. Gregory. Macroeconomics. 7th ed. New York: Worth Publishers, 2010, xxxiv, 598. ISBN 9781429238120. info
• HOLMAN, Robert. Makroekonomie : středně pokročilý kurz. 1. vyd. Praha: C.H. Beck, 2004, xiv, 424. ISBN 8071797642. info

Teaching methods

lectures

Assessment methods

Final written multiple-choice test

Language of instruction

Czech

Further comments (probably available only in Czech)

Study Materials
The course is taught annually.
General note: Nezapisují si studenti, kteří absolvovali předmět PEMAII.
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 2011, recent)
  
• Permalink: https://is.muni.cz/course/econ/spring2011/MPE_MAE2