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Lecturer(s)
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Macháček Martin, prof. Ing. Ph.D.
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Volek Tomáš, doc. Ing. Ph.D.
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Alina Jiří, Ing. Ph.D.
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Course content
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Lectures: 1 - Introduction, Consumption Function 2 - Determination of Equilibrium Value of Income in Two, Three and Four Sectoral Economy. 3 - Investment Function and curve IS 4 - Curve LM5 - IS - LM analysis 6 - Impact of Fiscal and Monetary Policy 7 - Life Cycle Theory and Theory of Permanent Income 8 - Investment in to Gross Fixed Capital, Housing Construction and Reserves 9 - Exchange Rates, Capital Nobility in Under Floating Exchange Rates a Under Fixed Exchange Rates. AS-AD 10 - Long-term Economics Growth and Economics Development 11 - Neoclasics Model of Economics Growth, Theory of Endogenous Growth and Supply-side Theory 12 - Money - Demand, Supply 13 - 14 Costs Connected with Unemployment and Inflation, Budget Surplus and Inflation Seminars 1. Consumption Function 2. Determination of Equilibrium Value of Income in Two Sectoral Economy. 2. Equilibrium Value of Income in Three and Four Sectoral Economy 3. Equilibrium Value of Income in Four Sectoral Economy 4. Investment Function 5. curve IS 6. curve LM 7. IS - LM analysis 8. Impact of Fiscal and Monetary Policy 9. analysis IS-LM-BP 10. analysis AS - AD 11. Model of Economics Growth 12. Theory of consumption - life cycle 13. - 14 . Unemployment and Inflation, Budget Surplus and Inflation
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Learning activities and teaching methods
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unspecified
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Learning outcomes
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Objective of the course is to deepen knowledge of basic macroeconomics course and to provide theoretic basis for applied economics discipline.
Students understand the basic principles of macroeconomics.
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Prerequisites
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There is no prerequisite for the course of Macroeconomics II (MAE2).
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Assessment methods and criteria
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unspecified
Credit Requirements: - active participation during seminars - written test (obtaining at least 12 points of 20, time for test: 45 minutes). - seminar work according to instructions Examination Requirements: Exam is combination of written test and oral part Written test contains test question, examples and graphs. Minimum required points: 18. Maximum points: 30. Time for test is 60 minutes. Verbal examination based on questions of topic Macroeconomic 2 The e-learning course of Macroeconomics 2 in system Moodle specifies formal and substantive requirements for credit and exam.
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Recommended literature
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DORNBUSCH, R., FISCHER, S. Makroekonomie.. Praha, 1994.
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DORNBUSCH, Rudiger, FISCHER, Stanley a STARTZ, Richard. Macroeconomics.. 10th ed. Boston: McGraw-Hill/Irwin, 2008. ISBN 978-0-07-312811-5.
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