Macroeconomics 4.17.E.639
LECTURES
National economy. Main categories and concepts of macro-economics (2)
National income account system (4)
Determinants of national income. Global demand, global supply, including FDI's and SEZ (6)
The role of the state in the economy and basic theories of macroeconomics (2)
Monetary and credit system. Monetary policy (4)
Fiscalism and fiscal policy. (4)
Economic growth and its barriers. (2)
Inflation (2)
Unemployment (2)
Business cycle (2)
Field of study
Supplementary literature
Student workload
Study level
Type of course
The semester in which the subject is carried out
Mode
Self-reading
Prerequisites
Course coordinators
Term 2024/25-L: | Term 2023/24-L: |
Learning outcomes
Knowledge: the student knows and understands
1. Knows the concepts, trends and directions of economic thought concerning the functioning of the economy (k_W01).
2. Knows, defines and verifies the basic concepts, categories, laws and phenomena occurring in the economy (k_W02).
3. Understands the course of processes in the macroeconomic scale and their importance for any changes in the situation of entities operating in the economy (k_W02).
4. Knows, understands and identifies economic dependencies leading to the emergence of equilibrium states and imbalances in the economy in relation to various time intervals and theoretical approaches (k_W03).
5. Knows and understands the principles of shaping and applying fiscal and monetary policy. Identifies and understands the consequences of applying various types of these policies for the situation of various entities in the state (k_W05).
Skills: the student is able
6. Identifies and interprets the causes, course and effects of economic phenomena and processes taking place in the economy. The acquired knowledge allows for the analysis and solving of problems in the field of macroeconomics and the proper interpellation of the obtained results (k_U02).
7. Correctly present and argue own ideas and solutions to the discussed problems in relation to the processes taking place in the economy (k_U03).
8. Uses the economic language through the correct use of economic terminology during oral presentations and as part of the prepared written assignments, ie in essays, projects and during the assessment (k_U09).
Social Competence: the student is ready to
9. He is aware that a critical assessment of his level of knowledge and skills allows him to improve and fill in the gaps that prevent him from fully understanding the problems raised during classes (k_k01).
10. Is aware of the practical dimension of the acquired knowledge and the importance of its practical implementation for solving problems arising in the economy (k_k02).
Assessment criteria
A. Forms of credit (verification of learning outcomes)
Lecture: written exam (effect 1,2,3,4)
Tutorial: two partial tests (effect 2,3,5,7,8), activity and involvement during the course (6,8,9,10).
B. Basic evaluation criteria
Lecture: exam grade
Tutorial: determining the final grade based on: points obtained from both partial tests (80%), project (10%) and activity and attitude during classes (10%).
Bibliography
1. J. Sloman, D. Garratt, Introduction to economics, Pearson, Harlow 2016.
2. J. Gali, Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework and Its Applications - Second Edition, Princeton Univers. Press, 2021
3. A.M. Thomas. Macroeconomics, Cambridge University Press, 2021, 9781108764919, DOI:https://doi.org/10.1017/9781108764919
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: