Economics 2 - Macroeconomics

Subject guarantor:

Ivan TOMEK

Name of lecturer(s):

Ivan TOMEK

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)

Recommended optional programme components:

No prerequisites.

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.

Planned learning activities and teaching methods:

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

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%).

Course web page:

www.ihned.cz; www.strategie.cz; www.mam.cz; plus mnohé další

Note:

Schedule for winter semester 2013/2014:

The schedule has not yet been prepared

Schedule for summer semester 2013/2014:

	06:00–08:0008:00–10:0010:00–12:0012:00–14:0014:00–16:0016:00–18:0018:00–20:0020:00–22:0022:00–24:00
Mon
Tue	místnost 330 Učebna KP (Lažanský palác) TOMEK I. 13:10–14:45 (přednášková par. 1)
Fri
Thu
Fri

Date	Day	Time	Tutor	Location	Notes	No. of paralel
	Tue	13:10–14:45	TOMEK I.	Učebna KP Lažanský palác		přednášková par. 1

The subject is a part of the following study plans:

• Obor Hudební management (Bc) (next compulsory subject)
• Production - Master (optional subject)