Course syllabus MA1 - Macroeconomics I (FBE - WS 2017/2018)

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Course code:
Course title in Czech:
Macroeconomics I
Course title in English:
Macroeconomics I
Semester: WS 2017/2018
Mode of completion and number of credits:
Exam (6 credits)
Mode of delivery and timetabled classes:
full-time, period A 2/1, period B 4/1 (hours of lectures per week / hours of seminars per week)
part-time, 16/0 (lectures per period / seminars per period)
Level of course:
Course type:
Type of delivery:
usual, consulting
Mode of delivery for our mobility students abroad: -- item not defined --
Language of instruction:
Czech, English
Course supervisor: prof. PhDr. Kamil Fuchs, CSc.
Course supervising department: Department of Economics (FBE)
Faculty: Faculty of Business and Economics
Prerequisites: not Final Bachelor Exam
Timetable in this semester:
-- item not defined --
Aim of the course and learning outcomes:
Students should acquire knowledge on basic macroeconomic concepts. Emphasis is placed on understanding of economic mechanism. Students should identify short-run and long-run impact of specific factors affecting economic environment.
Course content:
Introduction to Macroeconomics and Economic Activity (allowance 6/3)
Introduction to macroeconomics. Role of the state in the economy
Measuring the value of economic activity
Consumption, investments and equilibrium output

2.Money and Money Market (allowance 4/2)
Origin and development of money
b.Money demand
The banking system and money supply

Macroeconomic Equilibrium and Economic Growth (allowance 4/2)
AD-AS model
Macroeconomic equilibrium and economic growth
c.Business cycles

Inflation and its Consequences (allowance 2/1)
Concept of inflation in economics
b.Relation of inflation, macroeconomic output and unemployment

Open Economy (allowance 4/2)
Exchange rates and their macroeconomic effects
Balance of payments

6.Role of the State in the Market System (allowance 8/4)
Public budgets and taxes
State budget and effects of government expenditures
Monetary policy of central bank

Learning activities and teaching methods:
Type of teaching methodDaily attendance
Combined form
42 h16 h
14 h
0 h
consultation10 h
20 h
preparation for exam
72 h
132 h
preparation for regular testing
30 h0 h
168 h168 h
Assessment methods:
Student need to pass an exam. The exam consists of written and oral part. Emphasis is placed on written part where students must obtain at least 50 % of maximum points to pass. Acquired points comprise the base for final evaluation: A (at least 90 %), B (80 %), C (70 %), D (60 %), E (50 %). If student doesn't acquire minimal needed points at written part, he/she must repeat the exam. In case of evaluation E, student must pass an oral examination. If other successful students want to improve their evaluation, they must attend the oral exam.
Assessment criteria ratio:
Requirement type
Daily attendance
Combined form
Total0 %0 %
Recomended reading and other learning resources:
HOLMAN, R. Ekonomie. 5th ed. V Praze: C.H. Beck, 2011. 696 p. Beckovy ekonomické učebnice. ISBN 978-80-7400-006-5.
MANKIW, N G. Zásady ekonomie. 1st ed. Praha: Grada Publishing, 2000. 763 p. ISBN 80-7169-891-1.

JUREČKA, V. et al. Makroekonomie. 1st ed. Praha: Grada, 2010. 332 p. Expert. ISBN 978-80-247-3258-9.
MANKIW, N G. Principles of Economics, 6th edition. USA: South-Western Cengage Learning, 2012. 856 p. ISBN 978-0-538-45305-9.

Course listed in study plans for this semester:
-- item not defined --
Course listed in previous semesters: WS 2020/2021, SS 2019/2020, WS 2019/2020, SS 2018/2019, WS 2018/2019, SS 2017/2018 (and older)
Teaching place:

Last modification made by Ing. Jiří Gruber on 10/18/2017.

Type of output: