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

Gurantor departmentDepartment of EconomicsCredits5
Subject guarantorprof. Ing. Martin Macháček, Ph.D. et Ph.D.Subject version guarantorprof. Ing. Martin Macháček, Ph.D. et 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.
JAN77 Ing. Ivana Jánošíková, Ph.D.
MAH11 prof. Ing. Martin Macháček, Ph.D. et 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.

Compulsory literature:

MANKIW, N. Gregory. Principles of Economics. 9th ed. Boston: Cengage Learning, 2023. 816 p. ISBN 978-0357541593. KRUGMAN, Paul and Robin Wells. Macroeconomics. 7th ed. Duffield: Worth Publishers, 2024. 656 p. ISBN 978-1319415907. FRANK, Robert H., Ben BERNANKE, Kate ANTONOVICS and Ori HEFFETZ. Principles of Macroeconomics. Columbus: McGraw Hill, 2021. 544 p. ISBN 978-1264250318.

Recommended literature:

BURDA, Michael, C. and Charles WYPLOSZ. Macroeconomics: A European Text. 8th ed. Oxford: Oxford University Press, 2022. 604 p. ISBN 978-0192893574. CASE, Karl E, Ray C. FAIR and Sharon E. OSTER. Principles of Macroeconomics. 13 th ed. London: Pearson, 2019. 480 p. ISBN 978-1292303826. COPPOCK, Lee and Dirk MATEER. Principles of Macroeconomics. 4th ed. New York: W. W. Norton & Company, 2023. 768 p. ISBN 978-1324034001.

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. For students with an individual study plan, the same conditions apply as for other students, i.e. participation in the seminars is not compulsory, but it is necessary to obtain at least 18 points out of 35 possible points in the credit tests to obtain credit. After the credit has been awarded, the student may register for the examination via the IS EDISON.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Introduction to Macroeconomics. Macroeconomic aggregates. 2. Inflation and its measurement. 3. Unemployment. 4. Aggregate output and expenditures (the Income – expenditure model) 5. Aggregate supply and aggregate demand (the AS-AD model). Goods and asset markets )the IS-LM model). 6. Money in macroeconomic system - Commercial and central banking. 7. Monetary theory and policy. 8. Fiscal theory and policy. 9. Philips curve. 10. International monetary system. Exchange rates. 11. Open economy - Balance of payments and its structure. 12. International trade. 13. Economic growth. 14. Economic cycle.

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 pointsMax. počet pokusů
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 3
Mandatory attendence participation: Participation in lectures and seminars is not compulsory.

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Conditions for subject completion and attendance at the exercises within ISP: For students with an individual study plan, the same conditions apply as for other students.

Show history

Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2023/2024 (B0311A050004) Applied Economics EKO P Czech Ostrava 1 Compulsory study plan
2023/2024 (B0311A050005) Applied Economics ECO P English Ostrava 1 Compulsory study plan
2023/2024 (B0311A050015) Informatics in Economy EKO P Czech Ostrava 1 Compulsory study plan
2023/2024 (B0312A050001) Public Economics and Administration EKO P Czech Ostrava 1 Compulsory study plan
2023/2024 (B0411A050001) Accounting and Taxes EKO P Czech Ostrava 1 Compulsory study plan
2023/2024 (B0412A050005) Finance EKO P Czech Ostrava 1 Compulsory study plan
2023/2024 (B0412A050006) Finance EKO P English Ostrava 1 Compulsory study plan
2023/2024 (B0413A050012) Economics and Management EKO P Czech Ostrava 1 Compulsory study plan
2023/2024 (B0413A050047) Business Administration ECO P English Ostrava 1 Compulsory study plan
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
2022/2023 (B0311A050005) Applied Economics ECO P English Ostrava 1 Compulsory study plan
2022/2023 (B0412A050006) Finance EKO P English Ostrava 1 Compulsory study plan
2022/2023 (B0413A050047) Business Administration ECO P English 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- BS 2024/2025 Full-time English Choice-compulsory 163 - International Office stu. block
Incoming students- BS 2023/2024 Full-time English Choice-compulsory 163 - International Office stu. block
Incoming students- BS 2022/2023 Full-time English Choice-compulsory 163 - International Office stu. block
Incoming students 2021/2022 Full-time English Choice-compulsory 163 - International Office stu. block

Assessment of instruction

Předmět neobsahuje žádné hodnocení.