SubjectsSubjects(version: 963)
Course, academic year 2024/2025
  
Economic and Financial Modelling - M501019
Title: Ekonomické a finanční modelování
Guaranteed by: Department of Economics and Management (837)
Faculty: Central University Departments of UCT Prague
Actual: from 2020
Semester: winter
Points: winter s.:3
E-Credits: winter s.:3
Examination process: winter s.:
Hours per week, examination: winter s.:0/2, MC [HT]
Capacity: unknown / unknown (unknown)
Min. number of students: unlimited
State of the course: cancelled
Language: Czech
Teaching methods: full-time
Teaching methods: full-time
Level:  
Guarantor: Vlachý Jan doc. Ing. Ph.D.
Interchangeability : M501007
Examination dates   Schedule   
Literature

R: WICKENS, M. Macroeconomic Theory, A Dynamic General Equilibrium Approach, second edition. Princeton University Press. 2011.

A: PISSARIDES, C.A. Equilibrium Unemployment Theory, second edition. The MIT Press. 2000.

Last update: Fialová Jana (10.01.2020)
Requirements to the exam - Czech

Studenti postupují k závěrečné písemné zkoušce na základě zisku alespoň 50 % bodů z průběžných testů během semestru.

Last update: Fialová Jana (10.01.2020)
Syllabus

1. Keynesian consumption funkction. Dynamic consumption function.

2. Tobin Q theory.

3. Analysis of the current account with the functions of net exports and net capital flows.

4. Intertemporal approach to the current account analysis.

5. Dynamics of public debt. Sustainability of public debt.

6. Government sector and the real economy. Fiscal multipliers.

7. The model of Calvo. New Keynesian Phillips curve.

8. Analysis of inflation under the new Keynesian Phillips curve model.

9. Search model in the labor market. Beveridge curve. Structural unemployment.

10. Money-in-the-utility demand for money. Inflation targeting.

11. Interest rate parity.

12. Purchase power parity and exchange rate overshooting.

13. Dynamic stochastic model of general equilibrium of the Czech economy.

14. Analysis of the economy in the dynamic stochastic general equilibrium model.

Last update: Fialová Jana (10.01.2020)
 
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