B_MAE Macroeconomics - for Bachelor's Degree

Institute of Technology and Business in České Budějovice
summer 2026
Extent and Intensity
2/2/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. Ing. Vojtěch Stehel, MBA, PhD. (seminar tutor)
Ing. Stanislav Veselý (seminar tutor)
PhDr. Jaroslav Vlach (seminar tutor)
Guaranteed by
doc. Ing. Vojtěch Stehel, MBA, PhD.
Department of Corporate Finance and Economics – School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice
Supplier department: Department of Corporate Finance and Economics – School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice
Timetable of Seminar Groups
B_MAE/K11: Sat 21. 2. 16:30–18:00 E1, Sun 15. 3. 8:00–12:30 B1, Sun 12. 4. 13:05–17:35 E1, Sat 25. 4. 14:50–16:20 E1, V. Stehel, S. Veselý
B_MAE/G01: Wed 8:00–9:30 E1, V. Stehel, J. Vlach
B_MAE/S01: Fri 11:25–12:55 D515, J. Vlach
B_MAE/S03: Wed 14:50–16:20 B5, S. Veselý
B_MAE/S05: Wed 13:05–14:35 D415, S. Veselý
B_MAE/S06: Thu 14:50–16:20 B5, S. Veselý
B_MAE/S07: Fri 9:40–11:10 D415, J. Vlach
B_MAE/S08: Wed 11:25–12:55 B5, S. Veselý
B_MAE/S09: Thu 9:40–11:10 D616, S. Veselý
B_MAE/S10: Thu 13:05–14:35 D415, S. Veselý
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
there are 6 fields of study the course is directly associated with, display
Course objectives supported by learning outcomes
The aim of the course is to acquaint students with basic macroeconomic categories, quantities and models - as a theoretical basis for application in practice.
Learning outcomes
Graduates of the course:
- on the basis of cross-sectional economic history can define basic problems of macroeconomics as a theoretical scientific discipline,
- can apply macroeconomic variables and tools on examples of current economic policy (calculation and measurement of macroeconomic aggregates, inflation and labor market analysis, monetary, fiscal interpretation, pension, foreign trade policies, etc.,
- can define basic macroeconomic categories,
- can explain the macroeconomic balance in all markets,
- can appropriately link the acquired theoretical knowledge with real practice and actively use it in other economic disciplines.
Syllabus
  • Lectures:
  • 1. Introduction to the subject and history of economic thinking II.
  • 2. Measuring the performance of the economy, product, income.
  • 3. Aggregate supply and demand and its components.
  • 4. Models of macroeconomic equilibrium and its disturbances.
  • 5. Economic growth and economic cycles.
  • 6. Inflation and price indices.
  • 7. Unemployment and the labor market.
  • 8. Monetary aggregates, money market equilibrium, international money market.
  • 9. Economic policy of the state, its goals and effectiveness.
  • 10. Monetary policy.
  • 11. Fiscal policy, pension policy.
  • 12. External economic balance, balance of payments.
  • 13. Macroeconomic role of the state, protectionism and integration.
  • Seminars:
  • 1. Introduction to the subject and history of economic thinking II.
  • 2. Measuring the performance of the economy, product, income.
  • 3. Aggregate supply and demand and its components.
  • 4. Models of macroeconomic equilibrium and its disturbances.
  • 5. Economic growth and economic cycles.
  • 6. Inflation and price indices.
  • 7. Unemployment and the labor market.
  • 8. Monetary aggregates, money market equilibrium, international money market.
  • 9. Economic policy of the state, its goals and effectiveness.
  • 10. Monetary policy.
  • 11. Fiscal policy, pension policy.
  • 12. External economic balance, balance of payments.
  • 13. Macroeconomic role of the state, protectionism and integration.
Literature
    required literature
  • HOLMAN, R., 2016. Ekonomie. 6. vyd. Praha: C. H. Beck. ISBN 978-80-7400-278-6
  • JUREČKA, V., 2023. Makroekonomie. 4., aktualizované a rozšířené vydání. Praha: Grada. ISBN 978-80-271-3635-3
  • MANKIW, N. G., et al., 2024. Principles of Macroeconomics. Ninth Canadian Edition. Boston: Cengage Learning. ISBN 978-1-77474-028-6
    recommended literature
  • SMITH, A., 1776. Pojednání o podstatě a původu bohatství národů. Praha: Liberální institut. Dostupné z www: https://libinst.cz/wp-content/uploads/2017/04/Bohatstvi-narodu-Adam-Smith.pdf. ISBN 978-80-86389-60-8
  • KRUGMAN, P. R. a R. WELLS, 2021. Macroeconomics. United States: Macmillan Learning. ISBN 978-1-31938-410-4
  • SOUKUP, J., a kol. 2022. Makroekonomie. 4. aktualizované vydání. Praha: Management Press. ISBN 978-80-7261-596-4
Organizační formy výuky
Lecture
Seminar
Exercise
Tutorial
Consultation
Teaching Block - seminar
Komplexní výukové metody
Frontal Teaching
Group Teaching - Cooperation
Brainstorming
Critical Thinking
Teaching Supported by Multimedia Technologies
E-learning
Student Workload
ActivitiesNumber of Hours of Study Workload
Daily StudyCombined Study
Preparation for the Mid-term Test2533
Preparation for Lectures1323
Preparation for Seminars, Exercises, Tutorial1326
Preparation for the Final Test2732
Attendance on Lectures26 
Attendance on Seminars/Exercises/Tutorial/Excursion2616
Total:130130
Metody hodnocení a jejich poměr
Exam – written 70%
Test – mid-term 30%
Podmínky testu
For successful completion of the course, it is necessary to achieve at least 70% from the ongoing and final assessment combined, under the conditions set below. In the ongoing assessment, it is possible to earn 30 points, i.e., 30%. In the final assessment, a total of 70 points can be earned, i.e., 70%. The overall grading of the course, i.e., points from the final assessment (70 - 0) + points from the ongoing assessment (30 - 0): A 100 – 90, B 89.99 – 84, C 83.99 – 77, D 76.99 – 73, E 72.99 – 70, FX 69.99 – 30, F 29.99 – 0.
The student in the full-time study program is required to attend at least 70% of the contact teaching, including lectures. If this attendance requirement is not met, the student will automatically be classified as “-”.
Students with an individual study plan will take the final test, which will be converted to a scale from 0 to 100 points. These students are also required to inform the relevant exercise instructor and arrange a test date accordingly.
Language of instruction
Czech
Further comments (probably available only in Czech)
The course is taught annually.
Teacher's information
The interim evaluation will be carried out through a test in the 8th week of teaching. The content of the test will include material covered in lectures and seminars up to and including week 5.
The final evaluation will take the form of a theoretical test (70 points + possible bonus).
Supplementary study material: E-learning *Support of Modern Trends in Teaching with Regard to Best Practice* – [https://projectbestpractice.cz/cs/e-learning/](https://projectbestpractice.cz/cs/e-learning/)
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