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Theory of Economics

Summary

The aim of the course is to deepen the knowledge of economic theory gained from preceding intermediate microeconomics and macroeconomics courses, and to show how to critically evaluate competing modelling approaches and strategies. Attention is paid to both modern neoclassical economics and its heterodox alternatives, with a strong emphasis on the use of mathematically formulated economic models and advanced graphic tools.

Literature

ROMER, David. Advanced Macroeconomics. 5th ed. McGraw-Hill/Irwin, 2019. ISBN 978-1260185218.
VARIAN, Hal R. Intermediate Microeconomics: A Modern Approach. 9th ed., W. W. Norton & Company. New York, 2014. ISBN 978-0393919677 .
WICKENS, Michael. Macroeconomic Theory: A Dynamic General Equlibrium Approach. 2nd ed. Princeton University Press, 2012. ISBN 9781400842476 .

Advised literature

COLANDER, David. (ed.) Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium Model. Cambridge: Cambridge University Press, 2006. ISBN 978-0-521-86548-7.
FRANK, Robert H. Microeconomics and Behavior. 10th ed. McGraw-Hill. New York, 2021. ISBN 978-1259394034 .


Language of instruction čeština, čeština, čeština, angličtina
Code 114-0902
Abbreviation ET
Course title Theory of Economics
Coordinating department Department of Economics
Course coordinator prof. Ing. Martin Macháček, Ph.D. et Ph.D.