VSFS:NA_MaE Macroeconomics - Course Information
NA_MaE Macroeconomics
University of Finance and AdministrationSummer 2022
- Extent and Intensity
- 2/1/0. 7 credit(s). Type of Completion: zk (examination).
- Teacher(s)
- Ing. Hana Lipovská, Ph.D. (seminar tutor)
Ing. Petr Mach, Ph.D. (seminar tutor) - Guaranteed by
- doc. Mgr. Ing. Petr Wawrosz, Ph.D.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Bc. Kamila Procházková - Timetable of Seminar Groups
- NA_MaE/cECPH: each odd Monday 12:15–12:59 S36, each odd Monday 13:00–13:45 S36, H. Lipovská
NA_MaE/cMCPH: each even Monday 10:30–11:14 S33, each even Monday 11:15–12:00 S33, H. Lipovská
NA_MaE/pECMCPH: Wed 10:30–11:14 S36, Wed 11:15–12:00 S36, P. Mach - Prerequisites
- There are no prerequisites for this course
- Course Enrolment Limitations
- The course is offered to students of any study field.
- Course objectives
- At the end of this course students will be able to understand and explain theories of economic growth, exchange rate theories and monetary theories including seigniorage.
- Learning outcomes
- Sudents will know advanced macroeconomic theories including purchasing power parity, Sollow model of growth, rational expectations, and the Fleming-Mundell model.
- Syllabus
- 1. Costs of Inflation, 2. Long Term Economic Growth, 3. Business cycle, 4. Money Supply, Multiplication of Deposits, Money multpilier, 5. Demand for Money, 6. Theory of Seigniorage, 7. Nominal rigidities, 8. Foreign Exchange Market, PPP theory, interest rate parity theory, 9. Adjusmtemnt of the Balance of Payments, 10. Crowding-out Effect, 11. IS-LM model, 12. Optimum Currency Area Theory
- Literature
- required literature
- MACH, Petr: Textbook of intermediate economics. Available in "study materials" in IS
- recommended literature
- MACH, Petr. Textbook of Elementary Economics. Prague: VŠFS, 2019. ISBN 978-80-7408-193-4. info
- Teaching methods
- Lectures and seminars in full-time study; compulsory seminar participation is 75% in full-time study.
- Assessment methods
- For all students (both “normal students” (= students without any specific situation) and students with ISP or students that due to current epidemiological situation cannot come to the Czech Republic: Credit: There is one midterm online credit test, covering lectures 1-5. The test takes 30 minutes. The test will be opened online after the 5th lecture. The test consists of 8 multiple-choice questions. In each question only 1 answer is correct. Students must answer correctly at least 5 questions to pass the credit test. Exam: Students need to pass the credit test to be able to register for the final exam in the examination period in January 2021. The final exam is an online test. The test consists of 11 questions. In each question only 1 answer is correct. GRADES: 10 or 11 correct: A; 9 correct: B; 8 correct: C; 7 correct: D; 6 correct: E; less than 6 correct: F. The exam will take maximum 45 minutes.
- Language of instruction
- English
- Further comments (probably available only in Czech)
- The course can also be completed outside the examination period.
Information on the extent and intensity of the course: 16 hodin KS/semestr.
- Enrolment Statistics (Summer 2022, recent)
- Permalink: https://is.vsfs.cz/course/vsfs/summer2022/NA_MaE