Course syllabus MA1 - Macroeconomics I (FBE - WS 2019/2020)


     Czech          English          


Course code: MA1
Course title in Czech:
Macroeconomics I
Course title in English:
Macroeconomics I
Semester: WS 2019/2020
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:
bachelor
Course type:
required
Type of delivery:
usual, consulting
Mode of delivery for our mobility students abroad:
-- item not defined --
Language of instruction:
Czech, Slovak
Course supervisor:
Course supervising department: Department of Economics (FBE)
Faculty:
Teachers:
prof. PhDr. Kamil Fuchs, CSc. (examiner, lecturer, supervisor)
Ing. Veronika Kajurová, Ph.D. (examiner, instructor, lecturer)
doc. Ing. Luděk Kouba, Ph.D. (lecturer)
Prerequisites: not Final Bachelor Exam
 
Timetable in this semester:
DayFrom-till
Room
Teacher
EntryFrequency
Capacity
Monday
9.00-9.50
Q48V. KajurováSeminar
Every week
30
Monday
10.00-10.50
Q48
Seminar
Every week
30
Tuesday15.00-15.50
Q48
V. Kajurová
Seminar
Every week
30
Tuesday
16.00-16.50
Q48
V. Kajurová
Seminar
Every week30
Wednesday
11.00-12.50
Q02K. Fuchs, L. KoubaLectureEvery week200
Wednesday
13.00-13.50
Q48SeminarEvery week
30
Wednesday
14.00-14.50
Q48
V. Kajurová
Seminar
Every week30
 
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:
1.
Introduction to Macroeconomics and Economic Activity (allowance 6/3)
 
a.
Introduction to macroeconomics. Role of the state in the economy
b.
Measuring the value of economic activity
c.
Consumption, investments and equilibrium output

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

3.
Macroeconomic Equilibrium and Economic Growth (allowance 4/2)
 
a.
AD-AS model
b.
Macroeconomic equilibrium and economic growth
c.
Business cycles

4.
Inflation and its Consequences (allowance 2/1)
 
a.
Concept of inflation in economics
b.
Relation of inflation, macroeconomic output and unemployment

5.
Open Economy (allowance 4/2)
 
a.
Exchange rates and their macroeconomic effects
b.
Balance of payments

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

Learning activities and teaching methods:
Type of teaching methodDaily attendanceCombined form
lecture
42 h
16 h
practice14 h0 h
consultation10 h20 h
preparation for exam72 h132 h
preparation for regular testing
30 h
0 h
Total
168 h
168 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
Total
0 %0 %
 
Recomended reading and other learning resources:
Basic:
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.

Recommended:
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:
Field of study B-SE-EI Economic informatics, full-time form, initial period SS 2017/2018
 
Course listed in previous semesters: WS 2020/2021, SS 2019/2020, SS 2018/2019, WS 2018/2019, SS 2017/2018, WS 2017/2018 (and older)
Teaching place:
Brno


Last modification made by Ing. Jiří Gruber on 10/08/2019.

Type of output: