Course: Economics

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Course title Economics
Course code KEN/EC
Organizational form of instruction Lecture + Lesson
Level of course Master
Year of study not specified
Semester Winter
Number of ECTS credits 6
Language of instruction English
Status of course Compulsory
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Faltová Leitmanová Ivana, doc. Ing. CSc.
  • Alina Jiří, Ing. Ph.D.
Course content
1 - Macroeconomics Equilibrium in Two, Three and Four Sectoral Economy 2 - Investment Function, Curve IS, Curve LM, Model IS - LM 3 - Impact of Fiscal and Monetary Policy 4 - Consumption Function, Life-Cycle Theory and Theory of Permanent Income 5 - Investment in to Gross Fixed Capital, Housing Construction and Reserves 6 - Exchange Rates, Capital Mobility in Under Floating Exchange Rates and Under Fixed Exchange Rates 7 - Model AS-AD 8 - Long Run Economics Growth, Economics Development, Business Cycle 9 - Theory of Consumer Behaviour and Market Demand 10 - Theory of Production in the Short-Run and the Long-Run 11 - Imperfect Market Structures and the Price Discrimination 12 - Pricing on markets for factor inputs 13 - Edgeworth Box-Diagrams and General Equilibrium Theory 14 - Economics of Risk and Uncertainty, Welfare Economics, Efficiency and Justice

Learning activities and teaching methods
Monologic (reading, lecture, briefing)
  • Preparation for classes - 28 hours per semester
  • Preparation for credit - 28 hours per semester
  • Class attendance - 42 hours per semester
  • Preparation for exam - 56 hours per semester
  • Semestral paper - 14 hours per semester
Learning outcomes
The objective of the course is to provide a complex theoretical basis for applied economics disciplines and to deepen and expand students´ knowledge acquired in macroeconomics and microeconomics. The first part of the course is aimed at the field of microeconomics. The second part is focused on deepening knowledge of basic macroeconomics.

Prerequisites
unspecified

Assessment methods and criteria
Combined exam

Credit Requirements: Elaboration of seminar paper work on given topic. Written test mainly for economics mathematical problems (to gain minimum 60% of total number of points). Time for test is 40 minutes. Credits will be awarded not earlier than 14 days before the end of the semester in accordance with the measure of Dean No. 124/2017 Article 15. Examination Requirements: Written test and oral part of exam. Final mark is based on the results of the credit tests and the discussion. Test contain mainly theoretical questions, two graphs and short economics mathematical problem. Students must reach minimum 16 points of total 32 points to pass test and continue to oral part of exam. Time for test is 30 minutes. The examinations will be written 3 weeks before the beginning of the examination period in accordance with the measure of Dean No. 124/2017 Article 15.
Recommended literature
  • Dornbusch, Rudiger and Fischer, Stanley. Macroeconomics. 5th ed. New York: McGraw-Hill, 1990. ISBN 0-07-017787-2.
  • Pindyck, Robert S. a Rubinfeld, Daniel L. Microeconomics.. 7th ed. Prentice-Hall, 2007. ISBN 978-0-13-208023-1.
  • Varian, R Hal. Intermediate Microeconomics: A modern Approach (Eight Edition). New York, W. W. Norton Company, 2014.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Economics Study plan (Version): Regional and European Project Management (1) Category: Economy 2 Recommended year of study:2, Recommended semester: Winter