This is the second part of the Macroeconomics course. At the intermediate level, it explores dynamic macroeconomic model of short-run fluctuations, and the IS-LM model as a framework for analysing macroeconomic dynamics. It also introduces the Mundell-Fleming model for open economies and the role of stabilization policies. The impact of government debt and deficits on economic growth is also given space to.
Through theoretical models and real-world applications, students are supposed to gain a deeper understanding of short-run economic fluctuations and policy responses. They will also develop basic quantitative skills to model aggregate economic phenomena.
Poslední úprava: Kovář Kamil, M.A., Ph.D. (13.02.2026)
This is the second part of the Macroeconomics course. At the intermediate level, it explores dynamic macroeconomic model of short-run fluctuations, and the IS-LM model as a framework for analysing macroeconomic dynamics. It also introduces the Mundell-Fleming model for open economies and the role of stabilization policies. The impact of government debt and deficits on economic growth is also given space to.
Through theoretical models and real-world applications, students are supposed to gain a deeper understanding of short-run economic fluctuations and policy responses. They will also develop basic quantitative skills to model aggregate economic phenomena.
Poslední úprava: Kovář Kamil, M.A., Ph.D. (13.02.2026)
Cíl předmětu -
Students will learn the fundamental concepts of macroeconomics, focusing on short-run fluctuations and policy responses. They will develop an understanding of aggregate demand and supply, the IS-LM model, fiscal and monetary policy, and open economy dynamics. By the end of the course, students will be able to analyze and discuss topics such as inflation dynamics, short-term economic fluctuations, the impact of government policies, and external imbalances.
Poslední úprava: Janíčko Martin, PhDr. Ing., Ph.D. (01.02.2025)
Students will learn the fundamental concepts of macroeconomics, focusing on short-run fluctuations and policy responses. They will develop an understanding of aggregate demand and supply, the IS-LM model, fiscal and monetary policy, and open economy dynamics. By the end of the course, students will be able to analyze and discuss topics such as inflation dynamics, short-term economic fluctuations, the impact of government policies, and external imbalances.
Poslední úprava: Janíčko Martin, PhDr. Ing., Ph.D. (01.02.2025)
Podmínky zakončení předmětu -
50% written exam at the end of the semester (in the exam period), 30% Midterm Exam, and 20% Two Assignments. Grading (A-F) is in line with the Dean's decree 17/2018.
Midterm: Tuesday, April 7, at 18:30 CET, room O109.
Poslední úprava: Kovář Kamil, M.A., Ph.D. (13.02.2026)
50% written exam at the end of the semester (in the exam period), 30% Midterm Exam, and 20% Two Assignments. Grading (A-F) is in line with the Dean's decree 17/2018.
Midterm: Tuesday, April 7, at 18:30 CET, room O109.
Poslední úprava: Kovář Kamil, M.A., Ph.D. (13.02.2026)
Literatura -
Primary:
Jones, C. I. (2020). Macroeconomics (5th Edition). W. W. Norton & Co.
Dornbusch, R., Fischer, S., & Startz, R. (2011). Macroeconomics (11th Edition). The McGraw-Hill Companies.
Supplementary:
Blanchard, O. (2021). Macroeconomics (8th Edition). Global Edition.
Andrew Abel and Ben S. Bernanke.\textit{Macroeconomics, Global Edition} (10th Edition)
Papers (optional):
Hicks, John. (1981). "IS-LM": An Explanation. Journal of Post Keynesian Economics, Vol. 3, No. 2 (Winter, 1980-1981), pp. 139-154 (16 pages) Published By: Taylor & Francis, Ltd. https://www.jstor.org/stable/4537583.
Taylon, Lance (2004). Exchange rate indeterminacy in portfolio balance, Mundell–Fleming and uncovered interest rate parity models. Cambridge Journal of Economics, Volume 28, Issue 2, March 2004, Pages 205–227,https://doi.org/10.1093/cje/28.2.205.
Krugman, Paul. (2000). Thinking About the Liquidity Trap. Journal of the Japanese and International Economies, 14(4), 221-237.
Poslední úprava: Kovář Kamil, M.A., Ph.D. (13.02.2026)
Primary:
Jones, C. I. (2020). Macroeconomics (5th Edition). W. W. Norton & Co.
Dornbusch, R., Fischer, S., & Startz, R. (2011). Macroeconomics (11th Edition). The McGraw-Hill Companies.
Supplementary:
Blanchard, O. (2021). Macroeconomics (8th Edition). Global Edition.
Andrew Abel and Ben S. Bernanke.\textit{Macroeconomics, Global Edition} (10th Edition)
Papers (optional):
Hicks, John. (1981). "IS-LM": An Explanation. Journal of Post Keynesian Economics, Vol. 3, No. 2 (Winter, 1980-1981), pp. 139-154 (16 pages) Published By: Taylor & Francis, Ltd. https://www.jstor.org/stable/4537583.
Taylon, Lance (2004). Exchange rate indeterminacy in portfolio balance, Mundell–Fleming and uncovered interest rate parity models. Cambridge Journal of Economics, Volume 28, Issue 2, March 2004, Pages 205–227,https://doi.org/10.1093/cje/28.2.205.
Krugman, Paul. (2000). Thinking About the Liquidity Trap. Journal of the Japanese and International Economies, 14(4), 221-237.
Poslední úprava: Kovář Kamil, M.A., Ph.D. (13.02.2026)
Metody výuky -
Lectures are accompanied by seminars. One lecture and one seminar per week.
Poslední úprava: Janíčko Martin, PhDr. Ing., Ph.D. (01.02.2025)
Lectures are accompanied by seminars. One lecture and one seminar per week.
Poslední úprava: Janíčko Martin, PhDr. Ing., Ph.D. (01.02.2025)
Požadavky ke zkoušce -
50% written exam at the end of the semester, 20% for two homework assignments, and 30% Midterm Exam. At least one assignment has to be submitted, otherwise an F is given straight away.
Poslední úprava: Janíčko Martin, PhDr. Ing., Ph.D. (01.02.2025)
50% written exam at the end of the semester, 20% for two homework assignments, and 30% Midterm Exam. At least one assignment has to be submitted, otherwise an F is given straight away.
Poslední úprava: Janíčko Martin, PhDr. Ing., Ph.D. (01.02.2025)
