
| Code: | 166800 |
| Module title: | Macroeconomics |
| Version: | 1.0 (03/2012) |
| Last update: | 8.05.2018 09:31:16 | Person responsible for content: | Prof. Dr.-Ing. Ruhland, Klaus k.ruhland@hszg.de |
Mgr. Stárová, Hana hana.starova@tul.cz | |
| Semester according to time table: | SoSe (summer semester) |
| Module level: | Bachelor/Diplom |
| Duration: | 1 semester |
| Language of Instruction: | English |
| Place where the module will be offered: | Liberec |
| ECTS Credits: | 3 |
| Student workload (in hours): | 90 |
| Number of contact hours: | |||||
Lecture |
Seminar/Exercise |
Laboratory work |
Other |
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| Self study time (in hours): | |||||
| Exam(s) | |||
| Assessment | Major oral exam | 100.0% | |
| Learning and teaching methods: | Lectures |
| Syllabus plan/Content: | 1. Basic Concepts - definition of Economics, subject of Economics 2. The Market mechanism 3. Money and Price 4. Measurement of macroeconomics output and income 5. Aggregate demand and Aggregate supply 6. Unemployment - definition, measuring unemployment, causes and impacts of unemployment 7. Inflation - definitions of inflation, sources of inflation, consequences of inflation 8. Business cycle 9. Monetary policy and Banking system 10. Fiscal policy 11. World economy, international trade and economic integration |
| Learning Outcomes | |
| Subject-specific skills and competences: | The aim of this subject is to introduce a complex picture of macroeconomic theories focused on detailed assumption of terminology and on attainment of economic issues analysis, orientation in economic a political precautions of state institutions. During this course, students should get a grasp of the basic facts about the economy as well as about a range of economic phenomena. They will be acquainted with major macroeconomics concepts and issues, such as the use of the aggregate supply-demand analysis while aggregate output determination. Unemployment, inflation and economic growth issues as well as possible economic policies (fiscal and monetary) affecting development of these economic variables will be discussed too. The whole course will be rounded off with outline of important international trade issues. |
| Generic competences (Personal and key skills): | ? |
| Pre-requisites: | ? |
| Literature: | Compulsory: [1] Mankiw, G. N.: Macroeconomics, Worth Publishers. [2] Samuelson, P., Nordhaus, W.: Economics, McGraw-Hill Book Company Inc. [3] Frank, R., Bernanke, B.: Principles of Economics, The McGraw-Hill Companies, Inc. [4] Mankiw, G. N.: Principles of Economics, The Dryden Press - Harcourt Brace College Publishers Recommended: [1] Documents and statistics of national statistical offices, EUROSTAT, relevant worlds organizations (WTO) |