Economics 2 - Macroeconomics

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Code Completion Credits Range Language Instruction Semester
305EK2 ZK 2 2T Czech summer

Subject guarantor


Name of lecturer(s)


Learning outcomes of the course unit

Demonstrate to students the basic macroeconomic events forming the market environment in the Czech Republic and influencing their future work. An emphasis is placed on practical applications, illustrations and presentations of economic events currently occuring with the use of daily press and other publications, examples from culture and media areas.

Mode of study

Classic lectures, moderated discussions with students, analyses of current press information related to macroeconomics.

Prerequisites and co-requisites

Basic Economics knowledge (Economy 1)

Course contents

Macroeconomics is set-out as as science covering agregate dimensions at the state level. The main focus of economics (household, companies, government and abroad).

  1. Fundamental concepts of macroeconomics, product and its measurement, the economic cycle. The current situation in the world and the Czech Republic, additional perspectives.
  2. Agregate demand and supply, economic growth
  3. State macroeconomic policy, fiscal and monetary tools.
  4. Money and money markets
  5. Unemployment as a macroeconomic category
  6. Inflation: a definition, origins and costs
  7. Unemployment and inflationary relationships
  8. External economic balance.

Recommended or required reading

Samuelsson,Paul Ekonomie (Grada, any edition)

Frank, Robert, H a BernankeBen S. : Ekonomie, Grada 2003

Časopisy Marketing & Media, Strategie

Any mimeograph from VŠE (Economics high school) or other Economics college in microeconomics.

Assessment methods and criteria

Credit is awarded based on interest in the subject and an understanding of the basic principles of macro-economics which the student demonstrates in two forms: Joining in discussions during lectures (30%) and an oral exam (70%).

Further information

This course is an elective for all AMU students

Schedule for winter semester 2019/2020:

The schedule has not yet been prepared

Schedule for summer semester 2019/2020:

room 334
Room No. 334

(Lažanský palác)
(lecture parallel1)
Date Day Time Tutor Location Notes No. of paralel
Tue 16:30–18:05 Ivan TOMEK Room No. 334
Lažanský palác
lecture parallel1

The subject is a part of the following study plans