SubjectsSubjects(version: 861)
Course, academic year 2019/2020
  
Macroeconomics - B837009
Title: Makroekonomie
Guaranteed by: Department of Economics and Management (837)
Actual: from 2019
Semester: summer
Points: summer s.:3
E-Credits: summer s.:3
Examination process: summer s.:
Hours per week, examination: summer s.:2/0 Ex [hours/week]
Capacity: 20 / unknown (unknown)
Min. number of students: unlimited
Language: Czech
Teaching methods: full-time
Level:  
For type: Bachelor's
Note: course can be enrolled in outside the study plan
enabled for web enrollment
Guarantor: Klečka Jiří Ing. Ph.D.
This subject contains the following additional online materials
Annotation -
Last update: Kubová Petra Ing. (22.01.2018)
Macroeconomics deals either with the economy as a whole or with the basic subdivisions or aggregates -such as the government, household, and business sector-making up the economy. An aggregate is a colletion of specific economic units treated as if they were one unit. Thus,we might find it convenient to lump together all businesses in our economy and treat them as if they were one huge unit. In dealing with aggregates, macroeconomics is concerned with obtaining an overview, or general outline, of the structure of the economy and the relationships among the major aggregates constituting the economy. No attention is given to specific units making up the various aggregates. Macroeconomics speaks of such magnitudes as total output, total level of employment, total income, aggregate expenditures, the general level of prices, and so forth, in analyzing various economic problems. Macroeconomics examines the forest, not the trees. It gives a bird´s-eye view of the economy.
Aim of the course -
Last update: Kubová Petra Ing. (22.01.2018)

After successful completion of the course, students will be able to think like an economist, theoretically analyze economic issues and to understand the relationship between economic theory and economic reality. Students will be able to apply the basic principles of human economic behavior and the functioning of markets in contemporary economic reality and deal with application examples. Students understand basic economic concepts and models in the light of the latest scientific knowledge, with an emphasis on the process of globalization. Students will be able to explain, solve and apply models of consumption and investment function, money market, foreign exchange rates, economic growth and the business cycle, unemployment, inflation, taxation and public debt.

Literature -
Last update: Klečka Jiří Ing. Ph.D. (10.09.2019)

R Pichaničová, L., Pačesová, H.: Ekonomie II (Makroekonomie), VŠCHT Praha, 2005, ISBN 80-7080-497-1.

R Holman, R.: Ekonomie, C. H. Beck, Praha 2011, 5. vydání, ISBN 80-86775-08-09.

A Mankiw, N. G.: Zásady ekonomie, Victoria Publishing, Praha, 1999.

A Holman, R.: Makroekonomie, C. H. Beck Praha, 2004.

Learning resources -
Last update: Kubová Petra Ing. (22.01.2018)

Auxiliary text on http://www.vscht.cz/admin

Syllabus -
Last update: Klečka Jiří Ing. Ph.D. (10.09.2019)

1. Macroeconomic objective - economic growth, buiness cycles, unemployment and inflation.

2. Gross domestic product (GDP) and methods of calculating GDP.

3. Consumption, investment and the multiplier model.

4. Aggregate supply, aggregate demand and potential product.

5. The calssical and keynesian macroeconomic theory.

6. The labor market and unemlpoyment.

7. The money market.

8. Banking.

9. Inflation and macroecnomic policy.

10. Business cycles.

11. Central bank and monetary policy.

12. Government budget and fiscal policy.

13. International business.

14. Development of interanational monetary system.

Registration requirements -
Last update: Kubová Petra Ing. (22.01.2018)

Studies Macroeconomics facilitates knowledge of microeconomics.

 
VŠCHT Praha