Macroeconomics 1

Lecturer:

Tutor:

Supervisor:

Synopsis:

The aim of course „Macroeconomics“is to present a clear, accurate and interesting introduction to the principles of modern Macroeconomics and to the institution of the Czech and world economy.

Requirements:

Syllabus of lectures:

1.Overview of Macroeconomics

2.Measurement of national output and income

3.Consumption and investment

4.The theory of output determination

5.Money and commercial banking

6.Business cycles

7.Unemployment

8.Inflation

9.The effects of money on output and prices

10.Fiscal policy, deficits, and the government debt

11.Economic growth

12.International trade and the theory of comparative advantage

13.Exchange rates and the international financial system

14.Public choice

Syllabus of tutorials:

1.Overview of Macroeconomics

2.Measurement of national output and income

3.Consumption and investment

4.The theory of output determination

5.Money and commercial banking

6.Business cycles

7.Unemployment

8.Inflation

9.The effects of money on output and prices

10.Fiscal policy, deficits, and the government debt

11.Economic growth

12.International trade and the theory of comparative advantage

13.Exchange rates and the international financial system

14.Public choice

Study Objective:

Knowledge: Groundwork on macroeconomics (Samuelson)

Abilities: Independent economic reasoning

Study materials:

Key references:

SAMUELSON, P. A., Nordhaus, W.: Economics. 18. Ed., 2010

Media and Tools:

Classroom with data projector.

Note:

Time-table for winter semester 2011/2012:

Time-table is not available yet

Time-table for summer semester 2011/2012:

Time-table is not available yet

The course is a part of the following study plans: