EKE13 Macroeconomics

University College Prague – University of International Relations and Institute of Hospitality Management and Economics, Ltd.
summer 2019
Extent and Intensity
2/2/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Martin Pop, Ph.D. (lecturer)
Ing. Martin Pop, Ph.D. (seminar tutor)
Guaranteed by
Ing. Jana Kalabisová, Ph.D.
Katedra ekonomie a ekonomiky – University College Prague – University of International Relations and Institute of Hospitality Management and Economics, Ltd.
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
The EKE13-00-MAC course introduces basic economic categories and relationships among them to the students. It explains the most important principles of macroeconomics, economic growth, national and international economics and functioning of the market mechanism. The theory of monetary and fiscal policy, inflation, unemployment and economic development are also an important part of the course. The students will be using an analytical approach when solving both theoretical and practical problems related to economic processes in macroeconomics. The EKE13-00-MAC course is a theoretical follow-up of the Microeconomics EKE14. These two courses are aimed to be a basis for applied economics in Enterprise economics EKE003.

Objectives: Overview of the economic system, functioning of the market mechanism from the aggregate point of view on both national and international levels.

Competence: After passing the course the student should be able to analyze the basic economic processes within the economic system at the national and international economic levels, in particular market situations. This should contribute towards his social competences.

Skills: Passing the course should help the student feel comfortable in the real economic world at the level of national and international economics and the student should upon passing be able to solve basic economic tasks. This skill should be a basis for successful performance in the management positions at operational or middle management levels. The ability to analyze and evaluate the behavior of the entities under the existing macroeconomic conditions is the key of the course. After the relevant course seminars the student should be able to contribute to discussing theoretical problems and their application in the real economic life.
Syllabus
  • 1. Basic Concepts in Economics
  • 2. Circular Flow of Income
  • 3. Measuring Gross Domestic Product
  • 4. Income Expenditure Model
  • 5. Aggregate Demand and Supply
  • 6. Economic Growth
  • 7. Business Cycles
  • 8. Money
  • 9. Inflation
  • 10. Unemployment
  • 11. Monetary Policy
  • 12. Fiscal Policy
  • 13. Open Economy
Literature
    required literature
  • MAITAH, Mansoor. Macroeconomics. první. Praha: Česká zemědělská univerzita v Praze, provozně ekonomická fakulta, 2009, 180 pp. 1080. ISBN 978-80-213-1904-2. info
    recommended literature
  • • Mankiw, Gregory N. Principles of economics. 1999. vyd. Praha: Grada Publishing, 1999. ISBN 80-7169-891-1. info
  • • Libby Rittenberg and Timothy Tregarthen, Principles of Macroeconomics, 2009, ISBN 13: 978-1-4533-3282-5 http://catalog.flatworldknowledge.com/bookhub/reader/5534
  • • Frank, H. R. - Bernanke, B. S. Ekonomie. 2002. vyd. Praha: Grada Publishing, 2002. ISBN 80-247-0471-4
  • • Vlček, Josef. Ekonomie a ekonomika. 2009. vyd. Praha: Wolters Kluwer, 2009. ISBN 978-80-7357-478-9. info
  • • Samuelson, Paul A. - Nordhaus, William D. Economics. 2007. vyd. Praha: NS Svoboda, 2007. ISBN 978-80-205-0590-3. info
Teaching methods
Course content: Presence study / Combined study (hours) Lectures - 26/15 Seminars - 26/0 Individual study - 78/115 Total - 130/130
Assessment methods
Requirement for passing: Presence study / Combined study (70%) Written tests - 100/60 Oral exam - 100/40 Total - 100/100
Special conditions and details - min. 80% presence in seminars (pres.). The student will write one midterm test during the semester and one final test. To pass this tests it is necessary to get at least 60 % altogether. The subject is finished by passing the oral exam.
Language of instruction
English
Further comments (probably available only in Czech)
Information on completion of the course: z | zk | klicovy_predmet
The course can also be completed outside the examination period.
The course is also listed under the following terms winter 2011, Summer 2012, winter 2012, Summer 2013, Summer 2014, summer 2015, summer 2016, summer 2017, summer 2018, summer 2020, summer 2021, summer 2022, summer 2023, summer 2024.
  • Enrolment Statistics (summer 2019, recent)
  • Permalink: https://is.ucp.cz/course/ucp/summer2019/EKE13