Macroeconomics B

Type of study	Follow-up Master
Language of instruction	English
Code	114-0503/06
Abbreviation	MAC B
Course title	Macroeconomics B
Credits	6
Coordinating department	Department of Economics
Course coordinator	prof. Ing. Zuzana Kučerová, Ph.D.

Subject syllabus

1. The IS-LM model.
2. Fiscal and monetary policies in the IS-LM model.
3. The augmented IS-LM model.
4. Static aggregate demand models.
5. The dynamic aggregate demand model.
6. Short-run aggregate supply models.
7. The macroeconomics of imperfect competition.
8. Unemployment and inflation. Phillips and Taylor curves.
9. Consumption, investment, and the business cycle.
10. The Solow-Swan model of economic growth. New growth theory.
11. The IS-LM-BP model.
12. Fiscal and monetary policies in the IS-LM-BP model.
13. Financial crises and their macroeconomic impacts.

E-learning

Study support TpB:
https://lms.vsb.cz/course/view.php?id=87987

Literature

BARRO, Robert J., Angus CHU a Guido COZZI. Intermediate Macroeconomics. Cengage Learning, 2017. .
BURDA, Michael a Charles WYPLOSZ. Macroeconomics – A European Text. 7th ed. Oxford: Oxford University Press, 2017. 624 p. ISBN 978-0198737513.
DORNBUSCH, Rudiger, Stanley FISCHER and Richard STARTZ. Macroeconomics. 13th ed. New York: McGraw-Hill Education, 2017. 640 p. .

Advised literature

KRUGMAN, Paul R. a Robin WELLS. Macroeconomics. Fourth edition. New York: Worth Publishers, 2015. ISBN 978-1-4641-1037-5.
MANKIW, Gregory. Macroeconomics. 10th edition. New York: Macmillan International Higher Education, 2019. ISBN 978-1-319-24358-6.
ROMER, David. Advanced macroeconomics. 5th edition. New York: McGraw-Hil, 2019. ISBN 978-1-260-18521-8.

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