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Applied Macroeconomics

Type of study Bachelor
Language of instruction English
Code 114-0551/01
Abbreviation MAC A
Course title Applied Macroeconomics
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.

E-learning

https://lms.vsb.cz/

Literature

FRANK, Robert H., Ben BERNANKE, Kate ANTONOVICS and Ori HEFFETZ. Principles of Macroeconomics. McGraw Hill, 2021. ISBN 978-1264364756 .
KRUGMAN, Paul and Robin Wells. Macroeconomics. 6th ed. Worth Publishers, 2021. 656 p. ISBN 978-1319245269 .
MANKIW, N. Gregory. Principles of Economics. 9th ed. Boston, MA: Cengage Learning, 2020. 864 p. ISBN 978-0357038314 .

Advised literature

URDA, Michael, C. and Charles WYPLOSZ. Macroeconomics: A European Text. 7th ed. Oxford University Press, 2017. 573 p. ISBN 978-0198737513.
CONRAD, Christian A. Applied Macroeconomics: A Practical Introduction. 1st ed. Springer, 2022. 412 p. ISBN 978-3658393144 .
LIPSCHITZ, Leslie and Susan SCHADLER. Macroeconomics for Professionals: A Guide for Analysts and Those Who Need to Understand Them. New York: Cambridge University Press, 2019. 308 p. ISBN 978-1108449830 .


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