Course: Economics 1

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Course title Economics 1
Course code KMA/E1E
Organizational form of instruction Lecture + Exercise
Level of course Master
Year of study not specified
Semester Winter
Number of ECTS credits 4
Language of instruction Czech
Status of course Compulsory-optional
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Talašová Jana, doc. RNDr. CSc.
  • Navrátil Boris, Ing. CSc.
  • Pavlačka Ondřej, RNDr. Ph.D.
Course content
1. Fundamentals of macroeconomics. 2. Macroeconomic cycle and macroeconomic analysis. 3. Measurements of macroeconomic outputs. 4. Aggregate demand and supply, analysis of AS and AD curves. 5. Economic growth: Its analysis, models of economic growth, growth accounting. 6. Economic cycle, analysis of multiplication and accelerative effects in economy. 7. Macroeconomic equilibrium. 8. Macroeconomic imbalance: Inflation and unemployment. 9. Money: Demand, supply, equilibrium at financial market, money multiplier. 10. Model IS-LM, analysis of current equilibrium at commodity and money markets. 11. Function of government in economy, its economic policy. 12. Monetary and fiscal policy. 13. International economics. 14. Balance of payments. 15. Economic integration. 16. Supranational economic policy.

Learning activities and teaching methods
Lecture
  • Attendace - 39 hours per semester
  • Preparation for the Course Credit - 50 hours per semester
  • Homework for Teaching - 30 hours per semester
Learning outcomes
Gain fundamental knowledge of macroeconomics.
Knowledge Gain fundamental knowledge of macroeconomics.
Prerequisites
There are not any special condicions set.

Assessment methods and criteria
Student performance

Credit: passing a written test. Exam: oral.
Recommended literature
  • B. R. Shiller. (2004). Makroekonomie dnes.. Brno, Computer Press.
  • Ch. Kliková, I. Kotlán. (2006). Hospodářská politika. Ostrava, Sokrates.
  • I. Kotlán. (1999). Hospodářská politika v praxi. Sokrates.
  • M. Helísek. (2000). Makroekonomie. Základní kurs.. Slaný, Melandrium.
  • M. PARKIN. (2005). Economics. 6th European ed.(with Melanie Powel and Kent Mattheus). Pearson Education United Kingdom.
  • N. G. Scmankiw. (1999). Zásady ekonomie. Praha, Grada.
  • P. SAMUELSON, W. NORDHAUS. (1992). Economics. McGraw-Hill.
  • S. Hronová. Praktikum z národního účetnictví. VŠE Praha.
  • V. Jurečka, I. Jánošíková a kol. (2004). Makroekonomie. Základní kurs.. Ostrava, VŠB-TUO.
  • V. Jurečka. (2005). Úvod do ekonomie (učební text pro studenty neekonomických oborů). EKF VŠB-TU Ostrava.


Study plans that include the course
Faculty Study plan (Version) Branch of study Category Recommended year of study Recommended semester