Makroekonómia (v anglickom jazyku)

Vyučujúci

Zaradený v študijných programoch

Výsledky vzdelávania

Teaching results:
The aim of the course is to understand and have knowledge of modern macroeconomic theories and their application in practice. To understand the economic performance and economic growth, inflation, unemployment, interest rates and the possibilities for these indicators to be affected by fiscal and monetary policy. The students will understand the difference between the functioning of the economy in the short run and in the long run and reflecting both in the analytical setting. The core macroeconomic models will be used to help students to understand the relationship between selected macroeconomic variables.
Knowledge
Completion of the course will enable students to use modern macroeconomic theories and their application in practice. Students will understand the difference between the functioning of the economy in the short and long term and the establishment of macroeconomic equilibrium in different periods of time based on macroeconomic models. In the acquired theoretical knowledge of the content of the subject, students can systematize their knowledge in relation to other subjects in the field of economic policy, public finance, banking.
Competences
By completing the course, students will gain the ability to analyze the causes of cyclical development of the economy and the ability to understand the functioning of the economy as a whole. They know how the state, through various forms of macroeconomic policy, can stimulate economic activity and contribute to the balanced development of the economy. They will also gain the ability to search, process, analyze and evaluate macroeconomic information on macroeconomic developments from various sources (OECD, WB, IMF, EUROSTAT and others) and apply the conclusions in practical situations.
Skills
The study and active mastery of this subject will contribute to the development of critical thinking of students and to the application of knowledge gained from macroeconomics to current national economic and global economic problems. Based on the obtained relevant macroeconomic data, they will be able to evaluate macroeconomic phenomena, processes and contexts using empirical and quantitative approaches. Students will gain the ability to think abstractly and analytically, economically and to take macroeconomic positions and evaluations.

Stručná osnova predmetu

Indicative content:
Lectures:
1. Theoretical basis of contemporary macroeconomics. Macroeconomic variables.
2. Aggregate demand and aggregate supply in the long run.
3. The role of money in a market economy.
4. Theoretical and empirical aspects of inflation.
5. Modern approaches to unemployment. The relationship between unemployment and inflation.
6. Economic growth.
7. Macroeconomics in the short run. Consumption, savings, investments.
8. Economy in the short run. Business cycle.
9. Macroeconomic equilibrium in a closed economy. Model IS-LM.
10. Stabilization policy.
11. Current problems of fiscal and monetary policies.
12. Open economy - basic identities. The impact of foreign economic relations on the national economy.
13. Mundell-Fleming model.
Seminars:
1. Introduction to macroeconomics and key macroeconomic variables. Economy in the long run.
2. Aggregate demand and aggregate supply in the long run.
3. The role of money in a market economy.
4. Theoretical and empirical aspects of inflation.
5. Modern approaches to unemployment. The relationship between unemployment and inflation.
6. Economic growth. Solow-Swan model of economic growth.
7. Consumption, savings, investments.
8. Economy in the short run. Business cycle.
9. Macroeconomic equilibrium in a closed economy. Model IS-LM.
10. Stabilization policy I.
11. Stabilization policy II. Presentation of a team case study.
12. Final written project. Open economy - basic identities.
13. Mundell-Fleming model.

Odporúčaná literatúra

Support literature:
Textbook:
1. MANKIW, G. N.: Macroeconomics, 10th International Edition, MacMillan Publishers New York 2019.
Additional sources:
1. BLANCHARD, O. et al.: Marcoeconomics. A European Perspective. Pearson Education, 2011
2. BURDA, M. – WYPLOSZ, Ch.: Macroeconomics. A European Text. Oxford University Press 2010.

Podmienky na absolvovanie predmetu

Requirements to complete the course:
Individual work, written seminar work, mid-term exam
final exam

Seminars 40 %,
Out of which:
Activity at seminars (homework, assignments). 10 %
Elaboration of the essay and its presentation. 10 %
Elaboration and presentation of a case study in the team. 10 %
Final written project. 10 %
Final exam 60 %

Dátum schválenia: 11.03.2024

Dátum poslednej zmeny: 09.04.2021

Dátum schválenia: 11.03.2024

Dátum poslednej zmeny: 09.04.2021