156-0349/03 – Macroeconomic Analysis (MA )

Gurantor departmentDepartment of Applied EconomicsCredits5
Subject guarantordoc. Ing. Mgr. Zuzana Machová, Ph.D.Subject version guarantordoc. RNDr. Milan Šimek, Ph.D., MBA
Study levelundergraduate or graduateRequirementChoice-compulsory
Study languageCzech
Year of introduction2013/2014Year of cancellation2013/2014
Intended for the facultiesEKFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
KAS176 Ing. Milan Kaštan, Ph.D.
MAC402 doc. Ing. Mgr. Zuzana Machová, Ph.D.
S1I44 doc. RNDr. Milan Šimek, Ph.D., MBA
TIC13 Ing. Michaela Tichá, Ph.D.
UHR20 Ing. Natalie Uhrová, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 3+1

Subject aims expressed by acquired skills and competences

After the course the participants will be able to • define aims of macroeconomic analysis, • explain, classify and interpret construction of macroeconomic models, • clarify principles of economic growth, • analyze main segments of aggregate demand, • clarify and analyze possible impacts of macroeconomic prediction to economy of Czech Republic.

Teaching methods



The course is focused on macroeconomic analysis. The introductory part of the course is devoted to the definition of the objectives of macroeconomic analysis, explanation, classification and construction of macroeconomic models. There are also summarized theoretical approaches to the analysis of main components of aggregate demand. The following sections successively analyzed the problem of the theory of growth, foreign direct investment and macroeconomic forecasts.

Compulsory literature:

MANKIW, N. Gregory and TAYLOR, Mark P. Macroeconomics. European ed. New York: Worth Publishers, 2008. ISBN 978-0-7167-7369-6.

Recommended literature:

LANGDANA Farrokh K. Macroeconomic Policy: Demystifying Monetary and Fiscal Policy. New York: Springer Science+Business Media, 2010. ISBN 978-1-4419-4596-9.

Way of continuous check of knowledge in the course of semester

Students' knowledge will be continuously monitored during seminars. Based on these interim controls will be decided on the granting of credit, its acquisition is a prerequisite for the possibility of an examination.


Study materials will be distributed through the LMS.

Other requirements

Další specifické požadavky nejsou stanoveny.


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

Topics will be lectured in the following order: 1. Theory of macroeconomic analysis 2. Construction of macroeconomic models 3. Theories of consumption 4. Theories of investment 5. Fiscal policy and public finance 6. Inner and outer macroeconomic balance 7. Endogenous theories of economic growth 8. Theories of foreign direct investment 9. Macroeconomic predictions 10. Dynamic macroeconomic analysis 11. Conclusions, consultations

Conditions for subject completion

Full-time form (validity from: 2013/2014 Summer semester, validity until: 2013/2014 Summer semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Exercises evaluation and Examination Credit and Examination 100 (100) 51
        Exercises evaluation Credit  
        Examination Examination 100  51
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2013/2014 (N6202) Economic Policy and Administration (6202T027) National Economy P Czech Ostrava 1 Compulsory study plan
2013/2014 (N6202) Economic Policy and Administration (6202T027) National Economy (00) National Economy P Czech Ostrava 1 Compulsory study plan
2013/2014 (N6202) Economic Policy and Administration (6202T010) Finance P Czech Ostrava 1 Choice-compulsory study plan
2013/2014 (N6202) Economic Policy and Administration (6202T010) Finance (00) Finance P Czech Ostrava 1 Choice-compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner