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Macroeconomics A

Type of study Bachelor
Language of instruction English
Code 114-0501/04
Abbreviation MAC A
Course title Macroeconomics A
Credits 6
Coordinating department Department of Economics
Course coordinator prof. Ing. Martin Macháček, Ph.D. et Ph.D.

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.

Literature

MANKIW, N. Gregory. Principles of Economics. 10th ed. Boston: Cengage Learning, 2023. 864 p. ISBN 978-0357722718 .
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 .

Advised 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 .


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