Sylabus predmetu MA2A - Intermediate Macroeconomics (FBE - SS 2019/2020)

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Course code:
Course title in Czech: Intermediate Macroeconomics
Course title in English:
Intermediate Macroeconomics
SS 2019/2020
Mode of completion and number of credits:
Exam (5 credits)
Mode of delivery and timetabled classes: full-time, 2/2 (hours of lectures per week / hours of seminars per week)
part-time, 16/0 (lectures per period / seminars per period)
Level of course:
master continuing
Course type:
Type of delivery:
usual, consulting
Mode of delivery for our mobility students abroad: -- item not defined --
Language of instruction:
Course supervisor: doc. Ing. Petr Rozmahel, Ph.D.
Course supervising department:
Department of Economics (FBE)
Faculty of Business and Economics
Ing. Ladislava Issever Grochová, Ph.D. (examiner, instructor, lecturer)
doc. Ing. Petr Rozmahel, Ph.D. (supervisor)
Final Bachelor Exam
Timetable in this semester:
Every week
Every week
Aim of the course and learning outcomes:
Students aquire knowledge of the macroeconomic theory at the intermediate level. The course concentrates on explanation of neo-classical approach including the Solow growth model, then the detailed attention is paid to the Keynesian alternative with the open economy analysis. The last part of the course discusses the development of attitutes after the WWII including the modern views (neo-conservative approach, new Keynesian, post-Keynesian, ...)
Course content:
Inroduction of Problems of the Macroeconomics II (allowance 2/1)
2.Determination of the Equilibrium in the Open Economy (allowance 2/1)
3.IS-LM Model (allowance 2/1)
4.Monetary and Fiscal Policy in the IS-LM Model (allowance 2/1)
Analysis of the Open Economy by IS-LM-BP Model (allowance 2/1)
Mundell-Fleming Model (allowance 4/2)
Wage and Price Rigidity: Sticky Wage and Price Models (allowance 4/2)
8.Unemplyment, the hypothesis of the Hysteresis (allowance 2/1)
9.Hypothesis of The Rational Expectation in the Theoretical Concepts of the New Classical Macroeconomics (allowance 2/1)
Theory of the Economic Growth (allowance 4/2)
11.Theory of Real Business Cycles (allowance 2/1)
Learning activities and teaching methods:
Type of teaching methodDaily attendance
Combined form
lecture28 h
0 h
14 h
0 h
consultation10 h0 h
preparation for exam
52 h
0 h
preparation for regular testing
36 h
0 h
140 h
0 h
Assessment methods:
In order to finish successfully Microeconomics I student must sit for 2 seminar tests first which must be at least 50% correct (i.e. 20 points out of 40 in total, the minimum for each test is 8 points). The seminar tests consist mainly of practical tasks (counting, graphs). Student must have at least 2 activity points (out of 10) obtained in the classes during semester. To obtain a credit, student must have at least 50% out of all possibly obtainable points from seminars (according to the above conditions). Getting the credit is a necessary condition to be allowed to attend the final examination. Exam consists of a written test (50% required as the minimum). Final classification takes into account student's results form seminar tests, activity in classes during the semester and final exam as follows.
<82,100> A
<74,81> B
<66,73> C
<58,65> D
<50,57> E
<0,49> F
Assessment criteria ratio:
Requirement type
Daily attendance
Combined form
Total0 %
0 %
Recomended reading and other learning resources:
ROZMAHEL, P. Macroeconomics. In Brno: Mendel University of Agriculture and Forestry, 2004. 135 p. ISBN 80-7157-817-7.
FROYEN, R T. Macroeconomics : theories and policies. 9th ed. Upper Saddle River, N.J.: Pearson Prentice Hall, 2009. 454 p. ISBN 978-0-13-712971-3.
BURDA, M C. -- WYPLOSZ, C. Macroeconomics: a european text. 5th ed. Oxford: Oxford University Press, 2009. 543 p. ISBN 978-0-19-923682-4.

SNOWDON, B. -- VANE, H R. Modern macroeconomics: its origins, development and current state. Cheltenham: Edward Elgar, 807 p. ISBN 1-84542-208-2.
CARLIN, W. Macroeconomics: imperfections, institutions, and policies. 1st ed. Oxford ;: Oxford University Press, 2006. 810 p. ISBN 0-19-877622-5.
HEIJDRA, B J. -- PLOEG, F V D. The foundations of modern macroeconomics. 1st ed. Oxford: Oxford University Press, 2002. 751 p. ISBN 0-19-877617-9.

Course listed in study plans for this semester:
Field of study C-EMAJ-MEEN Business Economics and Management, part-time form, initial period WS 2019/2020
Field of study C-EMAJ-MEEN Business Economics and Management, full-time form, initial period WS 2019/2020
Field of study C-EMAJ-MEEN Business Economics and Management, full-time form, initial period SS 2019/2020
Course listed in previous semesters:
SS 2018/2019, SS 2017/2018, SS 2016/2017, SS 2015/2016, SS 2014/2015, SS 2013/2014 (and older)
Teaching place:

Last modification made by Ing. Jiří Gruber on 02/07/2020.

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