XAMAC Macroeconomics

Moravian Business College Olomouc
summer 2024
Extent and Intensity
2/1/0. 4 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Ingrid Majerová, Dr. (lecturer)
Ing. Richard Šmilňák, MBA (seminar tutor)
Guaranteed by
doc. Ing. Magdaléna Drastichová, Ph.D.
Moravian Business College Olomouc
Supplier department: Moravian Business College Olomouc
Timetable of Seminar Groups
XAMAC/01: No timetable has been entered into IS. R. Šmilňák
Course Enrolment Limitations
The course is offered to students of any study field.
The capacity limit for the course is 1 student(s).
Current registration and enrolment status: enrolled: 0/1, only registered: 0/1
Course objectives
The course focuses on understanding the behaviour of the economy as a whole and illustrates how the current economic theory addresses the key problems of the economy. The aim is to introduce the economy of the Czech Republic to students, teach them to use macroeconomic concepts and understand performance indicators. After completing the course, students can define state economic policy, analyse both fiscal and monetary policies, consider the consequences of macroeconomic disbalances (inflation and unemployment), evaluate the present economic problems, analyse the economic development of the Czech Republic and evaluate its strengths and weaknesses.
Syllabus
  • 1. Introduction to macroeconomics.
  • 2. Gross domestic product and its determination.
  • 3. Consumption, savings, investments.
  • 4. Aggregate demand, aggregate supply and potential output.
  • 5. Economic cycles and economic growth.
  • 6. Fiscal policy, state budget.
  • 7. Monetary market equilibrium and monetary policy.
  • 8. Economic policy effects and impacts.
  • 9. Macroeconomic imbalances – unemployment.
  • 10. Macroeconomic imbalances – inflation.
  • 11. Exchange rate, international trade and exchange.
  • 12. Balance of payments and foreign debt.
Literature
    required literature
  • MANKIW, N G. Principles of Economics. 7th ed. Stamford: Cengage Learning, 2015, 847 p. info
  • SAMUELSON, Paul a William NORDHAUS. Economics. International ed. Boston: McGraw-Hill/Irwin, 2010. ISBN 978-00-712-6383-2. info
    recommended literature
  • CARBAUGH, R. Contemporary Economics: an Applications Approach. 8th ed. Routledge, 2016, 498 pp. ISBN 1-138-65219-9. info
  • MILES, D., A. SCOTT and F. J. BREEDON. Macroeconomics: Understanding the Global Economy. 3rd ed. Chichester: John Wiley & Sons, 2012, 597 pp. ISBN 978-1-119-99571-5. info
  • SHILLER, B. The Macro Economy Today. 12th ed. McGraw-Hill/Irwin, 2009, 528 pp. ISBN 978-0-07-724740-9. info
Assessment methods
Course credit: attendance at practical seminars (min. 80%), active participation, credit test (min. 70%) Examination: oral examination
Language of instruction
English
Further Comments
The course is taught annually.
The course is also listed under the following terms summer 2022.
  • Enrolment Statistics (recent)
  • Permalink: https://is.mvso.cz/course/mvso/summer2024/XAMAC