YMAC2 Macroecenomics 2

Moravská vysoká škola Olomouc
zima 2024

Předmět se v období zima 2024 nevypisuje.

Rozsah
16/0/0. Přednáška 16 HOD/SEM. 5 kr. Ukončení: zk.
Vyučující
doc. Ing. Magdaléna Drastichová, Ph.D. (přednášející)
Garance
doc. Ing. Jindra Peterková, Ph.D.
Moravská vysoká škola Olomouc
Dodavatelské pracoviště: Moravská vysoká škola Olomouc
Omezení zápisu do předmětu
Předmět je otevřen studentům libovolného oboru.
Předmět si smí zapsat nejvýše 24 stud.
Momentální stav registrace a zápisu: zapsáno: 0/24, pouze zareg.: 0/24
Cíle předmětu
The aim of the course is to provide students with analytically justified new findings deepening and widening their knowledge gained within the study of the basic course of macroeconomics. Students will achieve a more accurate orientation of the theoretical basis of the field and a higher level of understanding of its importance as a general basis and background of study of other economic and non-economic courses in particular specializations of the study programme. The course aims at, through deeper analysis of the determinants of the equilibrium production and the IS-LM model, detailed understanding of the significance of economic theory for the formation of effective economic policies at national and regional level. An explanation of the microeconomic foundation of curves of aggregate demand and aggregate supply will help to understand the the principle of the AD-AS model andthe fluctuation of macro-economic parameters (unemployment, inflation). Special attention will be paid to the problems of long-term economic growth as the basis for the analysis of economic growth and development at the regional level. The aim of the analyses of theoretical findings and their application to practice is to form students' skills for macroeconomic analysis of the economic life of the company and to predict its development. Students will develop their skills of effective economic thinking, decision making, and behavior.
Osnova
  • 1. Conditions and context to determine equilibrium production - determine the conditions of equilibrium production in two-sectoral and three-sectoral model of the economy; the budget and the level of equilibrium
    2. The IS-LM model - the market of goods, and the IS curve; money market (assets) and the LM curve; the current equillibrium in the market of goods and money market (assets): the IS-LM model
    3. The IS-LM model and the effectiveness of monetary and fiscal policy
    4. The open economy and the determination of the equilibrium - net exports and the balance in the market of goods and services in the open economy; balance of payments, the BP curve and the equilibrium production
    5. Perfect capital mobility, fixed and flexible exchange rates; the basic problems of the determination of exchange rate in the long and short term; devaluation (depreciation), the current account and the level of income; interest rate parity condition and the determination of exchange rate in the short term on the international currency market; an outline of the monetarist concept of the determination of the exchange rate
    6. Aggregate demand and aggregate supply – introduction to the analysis
    7. Aggregate demand and aggregate supply - the theory of real economic cycle and New Keynesian economics
    8. Labour market: labour demand curve and labour supply curve
    9. Labour market: unemployment and its characteristics; Phillips curve
    10. Inflation and the growth rate of the real product
    11. Methods of inflation treatment
    12. Long-term economic growth – production function and the neoclassical model of long-term economic growth, the Solow model, stable (permanent) status and technolog. progress; the theory of endogenous economic growth
    During the course the following methods are used: informative receptive method, verbal methods (description, explanation), interpretation, demonstration (graphical representation, schemes, dynamic projection), heuristic and problem-solving methods.
Literatura
    povinná literatura
  • ŠTANCL LUBOŠ. Macroeconomics 2. Olomouc: Moravská vysoká škola Olomouc, 2017. info
  • MANKIW, N. Gregory. Principles of Macroeconomics. Australia: CENTGAGE Learning, 2015. ISBN 978-1285165912. info
  • SAMUELSON, Paul a William NORDHAUS. Economics. International ed. Boston: McGraw-Hill/Irwin, 2010. ISBN 978-00-712-6383-2. info
    doporučená literatura
  • MCCONNELL, Campbell R., Stanley L. BRUE a Sean Masaki. FLYNN. Macroeconomics: principles, problems, and policies. New York, NY: McGraw-Hill Education, 2015. ISBN 978-0077660772. info
Metody hodnocení
Test: written test Exam: oral examination
Vyučovací jazyk
Angličtina
Další komentáře
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Předmět je vyučován každoročně.
Výuka probíhá blokově.
Předmět bude vyučován KONZULTAČNÍ formou.
Předmět je zařazen také v obdobích zima 2020, zima 2021.