Macroeconomics

Vztahy:

Předmět 32BE-P-MACR-01 nesmí být zapsán, je-li v témže semestru zapsán anebo již dříve absolvován předmět 32BC-P-MACR-01 (vztah je symetrický)

Garant předmětu:

Aliya Baqyt

Přednášející:

Aliya Baqyt

Cvičící:

Aliya Baqyt

Předmět zajišťuje:

institut ekonomických studií

Anotace:

This course provides the main macroeconomic concepts to understand how a country operates regarding its aggregate variables and equations describing its markets. Graphical representations of equilibrium conditions are extensively used for easy comprehension and flexibility. First, we pay greater attention to long-run issues (on which classicals and Keynesians have less disagreement). Second, we focus on the classical and Keynesian analyses of short-run fluctuations within a single overall framework, in which we show that the two approaches differ in their assumptions about how quickly wages and prices adjust. Where differences in viewpoint remain, we present and critique both perspectives. This balanced approach, including the open economy specifics, exposes students to all the best ideas in modern macroeconomics. The main textbook is Abel, Bernanke, and Croushore (2024). Blanchard (2021) and Mankiw (2022) can be used as well. This course has only lectures and no exercise sessions.

Požadavky:

Midterm and non-cumulative final exams count for 35% each of a grade. In-class presentation of students contributes to another 20%, and the remaining 10% comes from weekly participation in answering questions and class discussions. Attendance at classes is expected to pass successfully the course.

Osnova přednášek:

Introduction

- The measurement and structure of the national economy

Long-run economic performance

- Productivity, output, and employment

- Consumption, saving, and investment

- Long-run economic growth

- The asset market, money, and prices

Business cycles and macroeconomic policy

- Business cycles and the IS-LM/AD-AS model: a general framework for macroeconomic analysis

- Classical business cycle analysis: market-clearing macroeconomics

- Keynesianism: the macroeconomics of wage and price rigidity

Macroeconomic policy: its environment and institutions

- Unemployment and inflation

- Exchange rates, business cycles, and macroeconomic policy in the open economy

- Presentations by students on monetary and fiscal policy

Osnova cvičení:

Cíle studia:

The goal is to equip students with macroeconomic frameworks helpful to analyze not only past macroeconomic events but also those that unfold in the future by knowing the basic mechanisms behind them. The primary focus is to enable students to translate theoretical concepts into real-world applications. To bridge the gap between theory and practice, students will engage in a monetary and fiscal policy analysis of a particular country they choose for their team research and presentation.

Studijní materiály:

Abel, A. B., Bernanke, B. S., & Croushore, D. (2024). Macroeconomics. England, Harlow: Pearson Education, 1-685.

Blanchard, O. (2021). Macroeconomics. England, Harlow: Pearson Education, 1-539.

Mankiw, G. (2022). Macroeconomics. New York: Worth Publishers, 11th edition, 1-557.

Course syllabus, lecture slides, papers for reading, links to relevant webpages and podcasts, a signing-up sheet for presentation, and points of students will be posted in Moodle.

The IMFs country pages: https://www.imf.org/en/countries

Public debt and treasury materials: https://www.publicdebtnet.org/pdm/useful-links/

Links to selected ministries or treasuries: https://www.mef.gob.pe/en/links-of-interest/422-home-english/news/2235-ministries-of-economy-finance-andor-treasury-of-the-world

The World Bank Open Data: https://data.worldbank.org/

Poznámka:

Economies, like people, get sick high unemployment, recessions, financial crises, low growth. Macroeconomics is about why it happens, and what can be done about it. (Olivier Blanchard, 2021).

Rozvrh na zimní semestr 2026/2027:

Rozvrh není připraven

Rozvrh na letní semestr 2026/2027:

Rozvrh není připraven

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• B0413P050061 Ekonomika a management (OZ105 Manažerská informatika) od ZS 2023/2024 (povinný předmět, povinně volitelný předmět)
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