114-0501/03 – Macroeconomics A (MAC A)

Gurantor departmentDepartment of EconomicsCredits5
Subject guarantordoc. Ing. Aleš Melecký, Ph.D.Subject version guarantordoc. Ing. Aleš Melecký, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Year1Semestersummer
Study languageEnglish
Year of introduction2012/2013Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
BAD0012 Ing. Ondřej Badura, Ph.D.
HOD063 doc. Ing. Martin Hodula, Ph.D.
MEL044 doc. Ing. Aleš Melecký, Ph.D.
WRO25 Ing. Tomáš Wroblowský, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 2+2

Subject aims expressed by acquired skills and competences

The pedagogical aim of this course is students´ ability - to understand and to define basic macroeconomic entities - to identify main connections (relations) among them - to interpret topical processes and events in national, European and world economy from the position of the macroeconomic theory - to discuss macroeconomic problems in the environment with differentiated opinions - to compare current macroeconomic processes in different countries - to use the knowledge in macroeconomics to assess processes on microeconomic level - to continue to study the inter - mediate course in macroeconomics (Macroeconomics B)

Teaching methods

Lectures
Seminars
Individual consultations

Summary

The aim of this course is to explain macroeconomic phenomena and processes in the economy. Strong emphasis is laid on the understanding of mutual relationships among macroeconomic variables. Also economic policy practised by governments and central banks has a very important role in the course. The basic course Macroeconomics A is followed by the intermediate course Macroeconomics B in Master studies, and in case of Doctoral studies by advanced course Macroeconomics C.

Compulsory literature:

FRANK, R., B. BERNANKE, K. ANTONOVICS and O. HEFFETZ. Principles of Macroeconomics. 6th ed. McGraw-Hill Higher Education. 2016. ISBN: 978-0073518992. GANS, Joshua, Stephen KING, Robin STONECASH, Martin BYFORD, Jan LIBICH and Gregory MANKIW. Principles of Economics: Australian and New Zealand Edition. 7th ed. Cengage, 2017. ISBN 9780170382656. MANKIW, N. Gregory. Principles of economics. 9th ed. Boston, MA, Cengage, 2020. ISBN 9780357038314.

Recommended literature:

BURDA, Michael, C. and WYPLOSZ, Charles. Macroeconomics: A European Text. 7th ed. Oxford University Press, 2017. ISBN 9780198737513. CASE Karl, FAIR Ray, OSTER Sharon. Principles of Macroeconomics. 12th ed. Pearson Education, 2016. ISBN 9780134078809. KRUGMAN, P. and R. WELLS. Macroeconomics. 5th ed. Macmillan Learning, 2018. ISBN 978-1-3191-8195-6.

Way of continuous check of knowledge in the course of semester

Credit will be awarded to students who obtain at least 18 out of a maximum possible 35 points. It is possible to get 17.5 points for each of the two tests organized according to schedule training. Exam test follows with possible assessment up to 65 points, of which the minimum 26 points is needed. Total assessment (credit plus exam) should reach 51-100 points.

E-learning

Other requirements

active participation in seminars, study of recommended literature

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

Subject syllabus: 1st Measuring product economy. 2nd Product and total expenses (spending pattern). 3rd Aggregate supply and aggregate demand (AS - AD model). 4th Money in macroeconomic system - commercial and central banking. 5th Inflation. Measurement of price levels. 6th Unemployment. 7th Monetary theory and policy. 8th Fiscal theory and policy. 9th Economic growth and economic cycle. 10th International monetary system. Monetary and shaping course. 11th External balance open economy - balance of payments and its structure. 12th International trada - absolute and comparative adventages.

Conditions for subject completion

Full-time form (validity from: 2018/2019 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 35 (35) 18
                Průběžná kontrola studia Other task type 15  0
                Zápočtový test Written test 20  0
        Examination Examination 65  26
Mandatory attendence parzicipation: not defined

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2022/2023 (B0311A050004) Applied Economics EKO P Czech Ostrava 1 Compulsory study plan
2022/2023 (B0311A050015) Informatics in Economy EKO P Czech Ostrava 1 Compulsory study plan
2022/2023 (B0312A050001) Public Economics and Administration EKO P Czech Ostrava 1 Compulsory study plan
2022/2023 (B0411A050001) Accounting and Taxes EKO P Czech Ostrava 1 Compulsory study plan
2022/2023 (B0412A050005) Finance EKO P Czech Ostrava 1 Compulsory study plan
2022/2023 (B0413A050012) Economics and Management EKO P Czech Ostrava 1 Compulsory study plan
2021/2022 (B0311A050004) Applied Economics EKO P Czech Ostrava 1 Compulsory study plan
2021/2022 (B0311A050005) Applied Economics ECO P English Ostrava 1 Compulsory study plan
2021/2022 (B0311A050015) Informatics in Economy EKO P Czech Ostrava 1 Compulsory study plan
2021/2022 (B0312A050001) Public Economics and Administration EKO P Czech Ostrava 1 Compulsory study plan
2021/2022 (B0411A050001) Accounting and Taxes EKO P Czech Ostrava 1 Compulsory study plan
2021/2022 (B0412A050005) Finance EKO P Czech Ostrava 1 Compulsory study plan
2021/2022 (B0412A050006) Finance EKO P English Ostrava 1 Compulsory study plan
2021/2022 (B0413A050012) Economics and Management EKO P Czech Ostrava 1 Compulsory study plan
2020/2021 (B0311A050004) Applied Economics EKO P Czech Ostrava 1 Compulsory study plan
2020/2021 (B0311A050005) Applied Economics ECO P English Ostrava 1 Compulsory study plan
2020/2021 (B0312A050001) Public Economics and Administration EKO P Czech Ostrava 1 Compulsory study plan
2020/2021 (B0411A050001) Accounting and Taxes EKO P Czech Ostrava 1 Compulsory study plan
2020/2021 (B0412A050005) Finance EKO P Czech Ostrava 1 Compulsory study plan
2020/2021 (B0412A050006) Finance EKO P English Ostrava 1 Compulsory study plan
2020/2021 (B0413A050012) Economics and Management EKO P Czech Ostrava 1 Compulsory study plan
2020/2021 (B0311A050015) Informatics in Economy EKO P Czech Ostrava 1 Compulsory study plan
2019/2020 (B0311A050004) Applied Economics EKO P Czech Ostrava 1 Compulsory study plan
2019/2020 (B0413A050012) Economics and Management EKO P Czech Ostrava 1 Compulsory study plan
2019/2020 (B0312A050001) Public Economics and Administration EKO P Czech Ostrava 1 Compulsory study plan
2019/2020 (B0311A050005) Applied Economics ECO P English Ostrava 1 Compulsory study plan
2019/2020 (B0412A050006) Finance EKO P English Ostrava 1 Compulsory study plan
2019/2020 (B0411A050001) Accounting and Taxes EKO P Czech Ostrava 1 Compulsory study plan
2019/2020 (B0412A050005) Finance EKO P Czech Ostrava 1 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner
Incoming students 2021/2022 Full-time English Choice-compulsory 163 - International Office stu. block