VSFS:BA_MaE Macroeconomics - Course Information
BA_MaE Macroeconomics
University of Finance and AdministrationSummer 2020
- Extent and Intensity
- 2/2/0. 7 credit(s). Type of Completion: zk (examination).
- Teacher(s)
- Ing. Petr Mach, Ph.D. (seminar tutor)
doc. Ing. Jan Mertl, Ph.D. (seminar tutor)
doc. Mgr. Ing. Petr Wawrosz, Ph.D. (seminar tutor) - Guaranteed by
- Ing. Petr Mach, Ph.D.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Bc. Kamila Procházková - Timetable of Seminar Groups
- BA_MaE/cCUXPH: Mon 10:30–11:14 E004, Mon 11:15–12:00 E004, except Mon 23. 3. ; and Mon 6. 4. 12:15–13:45 E007KC, P. Mach
BA_MaE/cECPH: Mon 10:30–11:14 E129, Mon 11:15–12:00 E129, J. Mertl
BA_MaE/cMCPH: Mon 12:15–12:59 E126, Mon 13:00–13:45 E126, J. Mertl
BA_MaE/pECCUXMCPH: Mon 8:45–9:29 E004, Mon 9:30–10:15 E004, except Mon 23. 3. ; and Mon 16. 3. 8:00–8:44 E004, Mon 30. 3. 8:00–8:44 E004, 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 the course, students should be able to understand and explain an elementary macroeconomic theory, explain inflation, GDP, unemployment, money stock and the basic macroeconomic principles and relations between these variables. Students will be able to explain fiscal policy and monetary policy.
- 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
- required 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
- Students must pass a written credit midterm test during a seminar with their seminar teacher. Students can retake the test if they are not successful. Students must answer 2 out of 3 questions correctly to be allowed to take the final exam. Final written exam: max 100 points. 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: 16 hodin KS/semestr.
- Enrolment Statistics (Summer 2020, recent)
- Permalink: https://is.vsfs.cz/course/vsfs/summer2020/BA_MaE