Fiscal Theory and Policy

Fiscal Theory and Policy
114-0044/01
čeština

Summary

The course provides a comprehensive review of fiscal theory since the end of
WWII. It is aimed on fiscal policy efficiency in the neo-Keynesian IS-LM and IS-
LM-BP models, attention is also paid to fiscal aspects of new classical
macroeconomics and new Keynesian economics. The course also contains topics
that are not usually tought in intermediate courses of macroeconomics. These
are, for example, the Ricardian equivalence theorem, fiscal federalism or
fiscal
theory of price level.

Literature

1. Auerbach, A. J. – Kotlikoff, L. J. (1987): Dynamic fiscal policy.
Cambridge: Cambridge University Press, 1987
2. Burda, M. – Wyplosz, C. (2005): Macroeconomics – A European Text (4th.
Edition). Oxford University Press 2005
3. Mankiw, N. G. (2002). Macroeconomics (5th Edition). Worth Publishers, 2002

Advised literature

No advised literature has been specified for this subject.

back to search page

Language of instruction	čeština
Code	114-0044
Abbreviation
Course title	Fiscal Theory and Policy
Coordinating department	Department of Economics
Course coordinator	prof. Ing. Martin Macháček, Ph.D. et Ph.D.