Course syllabus MAE2 - Macroeconomics - Intermediate Course (ŠAVŠ - Sklad předmětů)

     Czech          English          

Course title: Macroeconomics - Intermediate Course
Semester: -- item not defined --
Course supervisor: Mgr. Pavel Neset, Ph.D.
Supervising department: Department of Law and Economics (ŠAVŠ)
Prerequisites for registration: Bachelor state examination
Time allowance: full-time, 2/1 (hours of lectures per week / hours of seminars per week)
part-time, 0/16 (lectures per period / seminars per period)
Type of study: usual
Form of teaching: lecture, seminar
Mode of completion and credits: Exam (5 credits)
Course objective:
The goal of the intermediate course is to establish understanding of how the macroeconomy operates and to develop a coherent theoretical framework for thinking about the determination of macroeconomic variables.After completing the course, students should be able to think critically about macroeconomic problems and analyze macroeconomic policy.
 
Course methods: The full-time course of MACROECONOMICS II consists of lectures and seminars. The part-time courses are based on tutorial sessions and individual tuitions with an individial lecturer.
 
Course content:
1.Macroeconomic Environment of Business. Data of macroeconomics -- source and information value. Basic and Chain Indexes. (allowance 4/2)
2.Economic growth. Economic growth theories. Factors of economic growth. Potential output. (allowance 4/2)
3.Labor Market. Unemployment. Phillips curve. (allowance 4/2)
4.Stabilization Policy. Model of Aggregate Supply and Aggregate Demand. Short-term and long-term Aggregate Supply. Internal Balance. Goals of Macroeconomic Policy. (allowance 4/2)
5.Money and Inflation. Advantage and Disadvantage of Inflation. Inflationary and Disinflationary Policy. Monetary policy. Monetary Policy Regimes. Monetary Policy today. (allowance 4/2)
6.The Open Economy. Foreign Trade. Balance of Payments. Exchange Rate. Exchange Rate Regimes. External Balance. Economic integration.Stabilization Policy in Open Economy. (allowance 4/2)
 
Learning outcomes and competences:
After completing the course, student will be able to:
 
-Understanding of the economic development through key macroeconomic variables (inflation, GDP, unemployment, balance of payments)
-Will explain of monetary and fiscal policy in the short run and in the long run. Understanding the limits of macroeconomic policy
-Will explain the macroeconomics equilibrium using aggregate demand and aggregate supply analysis.
-Will explain the principles of economic growth, the business cycle, theory of money and general equilibrium
-Will understand the variety in approaches of key schools of economic thought.

Teaching methods and workload (hours of workload):
Type of teaching methodDaily attendanceCombined form
Direct teaching
     Attendance of lectures24 h0 h
     Attendance of courses/seminars/tutorials12 h16 h
Self-study
     Course reading and ongoing preparation20 h24 h
     Ongoing evaluation35 h45 h
     Preparation for final test49 h55 h
Total140 h140 h
 
Assessment methods:
Requirement typeDaily attendanceCombined form
Active lecture/seminar/workshop/tutorial participation10 %0 %
Mid-term test(s)40 %50 %
Final test50 %50 %
Total100 %100 %
 
Course completion:
The course is completed by final test.
The students are evaluated on the basis of the following criteria:
1. Class participation and active contribution to the seminars including the reading of the assigned materials (10 points)
2. Mid-term test; maximum score in test is 40 points
3. Final test -- maximum score 50 points

The mid-term exam takes place in the course of a semester at prearranged date and time. Students are allowed only one attempt to pass the semi-final test. The minimal admission limit to the final exam is 30 points raised in the semester. If the minimum passing score is not reached, the student fails the course.

The minimum passing score on the final test is 60 % (30 points). If the minimum passing score is not reached, the student fails the course.

Classification scale reflecting total passing score:
90-100 % SAVS classification scale 1 (ECTS classification scale A)
83-89 % SAVS classification scale 2 (ECTS classification scale B)
75-82 % SAVS classification scale 2 (ECTS classification scale C)
68-74 % SAVS classification scale 3 (ECTS classification scale D)
60-67 % SAVS classification scale 3 (ECTS classification scale E)
59 % and less SAVS classification scale(4/N)(ECTS classification scale F)
 
Support for combined/distance forms of study:
Handouts
 
Reading list:
Basic:
Language of instruction: Czech
SOUKUP, J. -- POŠTA, V. -- NESET, P. -- PAVELKA, T. Makroekonomie. 3rd ed. Management Press, 2018. 535 p. ISBN 978-80-7261-537-7.
SOUKUP, J. -- NESET, P. -- POŠTA, V. Makroekonomie. 2nd ed. Praha: Management Press, 2010. ISBN 978-80-7261-219-2.
KOLEKTIV. Makroekonomie.: Cvičebnice. 1st ed. Slaný: MELANDRIUM, 2009. ISBN 978-80-86175-64-5.
BALDWIN, R. -- WYPLOSZ, C. Ekonomie evropské integrace. 4th ed. Praha: Grada Publishing, a.s., 2013. ISBN 978-80-247-4568-8.
Language of instruction: English
BURDA, M C. -- WYPLOSZ, C. Macroeconomics: a European text. Oxford: Oxford University Press, 2017. 598 p. ISBN 9780198737513.
BERNANKE, B S. -- FRANK, R H. Principles of Economics.: Fourth Edition. 4th ed. USA: McGraw-Hill Education, 2009. ISBN 978-0-07-128542-1.
BALDWIN, R. -- WYPLOSZ, C. The economics of European integration. London: McGraw-Hill Education, 2015. ISBN 978-0-07-716965-7.
Macroeconomics: a European perspective. 3rd ed. Pearson, 2017. ISBN 9781292085678.

Recommended:
Language of instruction: Czech
HORSKÁ, H. Moderní makroekonomie pro manažery II pro kombinovanou formu studia. 1st ed. Mladá Boleslav: ŠKODA AUTO a.s. Vysoká škola, 2011. ISBN 978-80-87042-39-7.
SOJKA, M. Dějiny ekonomických teorií. 1st ed. Praha: Havlíček Brain Team, 2010. ISBN 978-80-87109-21-2.
MACH, M. Makroekonomie II.: Pro magisterské (inženýrské) studium 1. a 2. část. 3rd ed. Slaný: MELANDRIUM, 2001. 367 p. ISBN 80-86175-18-9.
DĚDEK A KOLEKTIV-PŘEKLAD. Průvodce ekonomickými ukazateli.: Jak porozumět ekonomii. Praha: SCIENTIA, 2002. ISBN 80-7183-278-2.
HOLMAN, R. Makroekonomie středně pokročilý kurz.: 2. vydání. 2nd ed. Praha: C. H. Beck, 2010. ISBN 978-80-7179-861-3.
Politická ekonomie. ISSN 0032-3233.
Finance a úvěr. ISSN 0015-1920.
Language of instruction: English
Prague economic papers. Prague: ISSN 1210-0455.

Study plans:
N-EM-GPFRE Corporate Finance Management in the Global Environment, full-time form, initial academic year WS 2014/2015
N-EM-GPP Law in the Global Business Environment, full-time form, initial academic year SS 2014/2015
N-EM-GPP Law in the Global Business Environment, full-time form, initial academic year WS 2017/2018
N-EM-FRP Corporate Finance Management in the Global Environment, part-time form, initial academic year WS 2017/2018
N-EM-GPME Marketing Management in the Global Environment, full-time form, initial academic year WS 2018/2019
N-EM-GPFRE Corporate Finance Management in the Global Environment, full-time form, initial academic year WS 2018/2019
N-MPP Business Administration - Major in International Business and Law, full-time form, initial academic year SS 2018/2019
N-MPP Business Administration - Major in International Business and Law, full-time form, initial academic year WS 2019/2020
N-MM Business Administration - Major in International Marketing, full-time form, initial academic year WS 2019/2020
N-RMDRE Business Administration - Major in International Supply Chain Management, full-time form, initial academic year WS 2019/2020
N-MPPE Business Administration - Major in International Business and Law, full-time form, initial academic year WS 2019/2020
N-MME Business Administration - Major in International Marketing, full-time form, initial academic year WS 2019/2020
N-FMPE Business Administration - Major in Corporate Finance in International Business, full-time form, initial academic year WS 2019/2020
N-RMDR Business Administration - Major in International Supply Chain Management, full-time form, initial academic year WS 2019/2020
N-FMP Business Administration - Major in Corporate Finance in International Business, full-time form, initial academic year WS 2019/2020
N-EMCZ Economics and Management, part-time form, initial academic year WS 2019/2020
N-EMCZ Economics and Management, full-time form, initial academic year WS 2019/2020
N-EMEN Economics and Management, full-time form, initial academic year WS 2019/2020
N-RMDR Business Administration - Major in International Supply Chain Management, part-time form, initial academic year WS 2019/2020
N-MPP Business Administration - Major in International Business and Law, part-time form, initial academic year WS 2019/2020
N-MM Business Administration - Major in International Marketing, part-time form, initial academic year WS 2019/2020
N-FMP Business Administration - Major in Corporate Finance in International Business, part-time form, initial academic year WS 2019/2020
 
Run in the period of: WS 2019/2020, SS 2018/2019, WS 2018/2019, SS 2017/2018, WS 2017/2018, SS 2016/2017   (and older)
Course tutor: Ing. Helena Horská, Ph.D. (examiner, instructor, lecturer)
Mgr. Pavel Neset, Ph.D. (supervisor)
Teaching language: Czech, English
Room: Mladá Boleslav


Last modification made by Mgr. Pavel Neset, Ph.D. on 02/27/2019.

Type of output: