



Poslední úprava: Bc. Jan Žemlička (10.02.2023)
This is the second part of the Macroeconomics course. At the intermediate level it presents and analyzes questions related to aggregate demand and supply, and short run fluctuations. Its core is the (simplified) ISLM model. Within the frames of this model this course analyzes the possible drivers of short run fluctuations. It suggests the policy instruments and regimes that can mitigate those fluctuations. The course also provides examples that map theoretical arguments presented in the class to the current processes in the real world. Upon successful completion of this course, students will be able to better understand the short run functioning of economic systems and discern the possibilities and limits of economic theories. Students will also be able to employ basic quantitative techniques to model aggregate economic phenomena. *********************************************************************************************************************************************************************** Let me kindly ask not to send your questions to Mr Horvath, he does not teach the course. Feel free to contact Mr Žemlička at jan.zemlicka@cergeei.cz in case you have any questions. You are encouraged to ask questions during the lectures and/or seminars. Send an email to your professors in case the question cannot be asked during the seminar or lecture! *********************************************************************************************************************************************************************** 


Poslední úprava: Mgr. Nikoloz Kudashvili, Ph.D. (12.01.2022)



Poslední úprava: Bc. Jan Žemlička (13.02.2023)
50% written exam at the end of the semester, 10% Problem Sets, and 40% Midterm Exam. Grading (AF) is in line with the Dean's decree 17/2018. 


Poslední úprava: Mgr. Nikoloz Kudashvili, Ph.D. (12.01.2022)
Primary textbook: N. Gregory Mankiw (2015). Macroeconomics (9th Edition). Worth Publishers. Partly, we will also cover the update of this textbook that has an ambition to reflect the current global financial crisis: 


Poslední úprava: Bc. Jan Žemlička (13.02.2023)
Lectures are accompanied by seminars. 


Poslední úprava: Bc. Jan Žemlička (13.02.2023)
50% written exam at the end of the semester, 10% Problem Sets, and 40% Midterm Exam. Grading (AF) is in line with the Dean's decree 17/2018. 


Poslední úprava: Bc. Jan Žemlička (28.04.2023)
_______________________________________________________________________________ Week 1 and 2: Consumption  Keynesian consumption function; Fisher's model; Life cycle hypothesis; Permanent income hypothesis; Random walk;
Week 6:
Week 7: Aggregate demand in an open economy  The MundellFleming model (IS * LM * version); Efficiency of economic policies under floating and fixed exchange rate regimes; Chapters 13 from Mankiw (2013), Chapter 11 from Mankiw (2003, 2010) Makeup midterm exam on 30th March (Room 105, 8:00)
Week 8: Final Exam:
Term 1: 17th May 2023, 10:0012:00, IES Building, Room 109 Term 2: 1st June 2023, 13:0015:00, IES Building, Room 109 Term 3: TBA (end of June) 