Course syllabus MA2 - Intermediate Macroeconomics (FBE - WS 2013/2014)

     Czech          English          

Course code:
Course title in Czech:
Intermediate Macroeconomics
Course title in English:
Intermediate Macroeconomics
WS 2013/2014
Mode of completion and number of credits:
Exam (5 credits)
Mode of delivery and timetabled classes:
full-time, 2/1 (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:
Mode of delivery for our mobility students abroad:
-- item not defined --
Language of instruction:
Course supervisor: Ing. Marcel Ševela, Ph.D.
Course supervising department:
Department of Economics (FBE)
Faculty of Business and Economics
Ing. Marcel Ševela, Ph.D. (supervisor)
Prerequisites: Final Bachelor Exam
Timetable in this semester:
-- item not defined --
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)
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)
Hypothesis of The Rational Expectation in the Theoretical Concepts of the New Classical Macroeconomics (allowance 2/1)
10.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 method
Daily attendance
Combined form
28 h
0 h
14 h
0 h
0 h
16 h
preparation for exam
64 h
124 h
preparation for regular testing
34 h
0 h
140 h
140 h
Assessment methods:
Two partial written test for 45 minutes during the study period, at least 25 points in total from 50 available are required to obtain the credit. In the case of failure, the student could write one compensatory test, 50% success is minimum to obtain the credit. The course is finalised by exam consisting of 60 minutes written test followed by oral part. To pass the written part of the exam, again the minimum of 25 from 50 points is requested.
Assessment criteria ratio:
Requirement type
Daily attendance
Combined form
0 %
0 %
Recomended reading and other learning resources:
ŠEVELA, M. Makroekonomie II: (středně pokročilý kurz). 1st ed. V Brně: Mendelova univerzita, 2011. 146 p. ISBN 978-80-7375-513-3.
HOLMAN, R. Makroekonomie: středně pokročilý kurz. 2nd ed. Praha: C.H. Beck, 2010. 424 p. Beckovy ekonomické učebnice. ISBN 978-80-7179-861-3.
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.

SOUKUP, J. et al. Makroekonomie. 2nd ed. Praha: Management Press, 2010. 518 p. ISBN 978-80-7261-219-2.
MACH, M. Makroekonomie II. Slaný: Melandrium, 2001. ISBN 80-86175-18-9.
MACH, M. Makroekonomie. 1st ed. Slaný: Melandrium, 2002. 167 p. ISBN 80-86175-22-7.
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.

Course listed in study plans for this semester:
-- item not defined --
Course listed in previous semesters:
Teaching place:

Last modification made by Data import from library on 08/01/2014.

Type of output: