VSFS:BA_EC_2 Economics 2 - Course Information
BA_EC_2 Economics 2
University of Finance and AdministrationSummer 2019
- Extent and Intensity
- 2/2/0. 6 credit(s). Type of Completion: zk (examination).
- Teacher(s)
- doc. Ing. Jan Mertl, Ph.D. (seminar tutor)
- Guaranteed by
- Ing. Petr Mach, Ph.D.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Ing. Markéta Knížková - Timetable of Seminar Groups
- BA_EC_2/cMCPH: Wed 14:00–14:44 E123, Wed 14:45–15:30 E123, J. Mertl
BA_EC_2/pMCPH: Wed 12:15–12:59 E123, Wed 13:00–13:45 E123, J. Mertl - Prerequisites
- BA_EC_1 Economics 1
The requirement for the completion of this course is completion of the course BA_EC_1. - Course Enrolment Limitations
- The course is offered to students of any study field.
- Course objectives
- At the end of the course students should be able to understand and explain elementary macroeconomic theory, explains inflation, GDP, unemployment and the basic macroeconomic principles.
- Learning outcomes
- Students will be able to understand and explain basic macroeconomic terms (inflation, GDP, unemployment) and principles (including quantity theory and the short run aggregate supply).
- Syllabus
- 1. Price Level, 2. Aggregate Production and unemployment, 3. Money - evolution and functions, 4. Money Supply, 5. Quantity Theory of Money, 6. Aggregate Demand and Aggregate Supply, 7. Aggregate Supply in the Short Run. 8. Say's law of markets, 9. Foreign Exchange Market, 10. Monetary Policy, 11. Fiscal Policy and Public Debt, 12. Currency Unions and Currency Separations
- Literature
- Sobel, R., Gwartney, J., Stroup, R., Macpherson, D.: Understanding Macroeconomics. 13th international ed. Mason, OH : South-Western Cengage Learning, 2011, ISBN 978-0-538-75620-4
- Teaching methods
- Lectures and seminars in full-time study; compulsory seminar participation is 75% in full-time study.
- Assessment methods
- The course ends with credit midterm test and final test. Credit midterm test is written and to pass students need 2 out of 3 questions correct or students can write an essay. Information about the essay are delivered during the first week. Final written/oral exam: max 100 points. The first term of final test is written and other terms oral. Grades: A (90-100), B (80-90), C (70-80), D (60-70), E (50-60) F (below 50).
- 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: 12 hodin KS/semestr.
- Enrolment Statistics (Summer 2019, recent)
- Permalink: https://is.vsfs.cz/course/vsfs/summer2019/BA_EC_2