Course syllabus MA2A - Intermediate Macroeconomics (FBE - SS 2015/2016)

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Course code:
Course title in Czech:
Intermediate Macroeconomics
Course title in English:
Intermediate Macroeconomics
SS 2015/2016
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)
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:
Course supervising department: Department of Economics (FBE)
Faculty of Business and Economics
doc. Ing. Petr Rozmahel, Ph.D. (examiner, instructor, lecturer, supervisor)
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)
2.Determination of the Equilibrium in the Open Economy (allowance 2/1)
IS-LM Model (allowance 2/1)
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)
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)
Theory of the Economic Growth (allowance 4/2)
Theory of Real Business Cycles (allowance 2/1)
Learning activities and teaching methods:
Type of teaching method
Daily attendance
28 h
14 h
10 h
preparation for exam
52 h
preparation for regular testing36 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
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, full-time form, initial period WS 2015/2016
Field of study C-EMAJ-MEEN Business Economics and Management, full-time form, initial period SS 2015/2016
Course listed in previous semesters:
SS 2019/2020, SS 2018/2019, SS 2017/2018, SS 2016/2017, SS 2014/2015, SS 2013/2014 (and older)
Teaching place:

Last modification made by Ing. Jiří Gruber on 12/02/2015.

Type of output: