MAE_s Macroeconomics - for Bachelor's Degree

Institute of Technology and Business in České Budějovice
summer 2024
Extent and Intensity
2/2/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Filip Petrách, Ph.D. (seminar tutor)
Ing. Pavel Rousek, Ph.D. (seminar tutor)
Ing. Vendula Simotová (seminar tutor)
PhDr. Jaroslav Vlach (seminar tutor)
Guaranteed by
Ing. Pavel Rousek, Ph.D.
School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice
Supplier department: School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice
Timetable of Seminar Groups
MAE_s/E4: Sun 10. 3. 8:00–9:30 E1, 9:40–11:10 E1, 11:25–12:55 E1, Sun 24. 3. 8:00–9:30 E1, 9:40–11:10 E1, 11:25–12:55 E1, Sun 7. 4. 14:50–16:20 E1, 16:30–18:00 E1, V. Simotová
MAE_s/G01: Wed 8:00–9:30 E1, F. Petrách
MAE_s/S01: Wed 9:40–11:10 E4, V. Simotová
MAE_s/S04: Thu 9:40–11:10 N006, V. Simotová
MAE_s/S05: Thu 11:25–12:55 N006, V. Simotová
MAE_s/S06: Thu 13:05–14:35 N006, J. Vlach
MAE_s/S08: Wed 11:25–12:55 E4, F. Petrách
MAE_s/S09: Wed 13:05–14:35 E4, F. Petrách
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
  • JUREČKA, V., 2023. Makroekonomie. 4., aktualizované a rozšířené vydání. Praha: Grada. ISBN 978-80-271-3635-3
  • HOLMAN, R., 2016. Ekonomie. 6. vyd. Praha: C. H. Beck. ISBN 978-80-7400-278-6
  • MANKIW, N. G., et al., 2024. Principles of Macroeconomics. Ninth Canadian Edition. Boston: Cengage Learning. ISBN 978-1-77474-028-6
    recommended literature
  • SOUKUP, J., a kol. 2022. Makroekonomie. 4. aktualizované vydání. Praha: Management Press. ISBN 978-80-7261-596-4
  • 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
Forms of Teaching
Lecture
Seminar
Tutorial
Teaching Methods
Frontal Teaching
Group Teaching - Cooperation
Brainstorming
Critical Thinking
Individual Work– Individual or Individualized Activity
Teaching Supported by Multimedia Technologies
Student Workload
ActivitiesNumber of Hours of Study Workload
Daily StudyCombined Study
Preparing for the continuous test / essay2424
Preparation for Seminars, Exercises, Tutorial2056
Preparing for the final test3434
Attendance on Lectures26 
Attendance on Seminars/Exercises/Tutorial/Excursion2616
Total:130130
Assessment Methods and Assesment Rate
Test – final 70 %
Essay 30 %
Language of instruction
Czech
Further comments (probably available only in Czech)
The course is taught annually.
Teacher's information
The interim evaluation will be implemented as follows:
  • students will form groups of a maximum of 3 students - we will divide them in the first seminar, including the assignment of topics, in the case of a combined form of study, the students will divide themselves
  • length of the presentation approx. 10 – 15 minutes – regardless of the number of team members
  • number of presentation slides min. 10 – regardless of the number of team members
  • the presentation will contain real numbers from the economy, preferably in time series
  • all team members will always present at the seminar, if someone from the team is absent, they will speak the presentation
  • in the case of a combined form of study, the parameters are identical to the fact that the students will not present physically, but will speak the presentation together
  • presentations will be uploaded by students to the submission office, as the files will probably be larger in the case of a voiced video
Final evaluation in the form of a theoretical test (70 points + possible bonus). In the case of a gain of 50 to 70 points in the sum of the interim and final assessment of the remedial term, the possibility of an oral retest with the examiner of the incriminated term. Attendance at classes in the case of contact classes is dealt with by a separate VŠTE internal standard (Student Attendance Records at VŠTE).

Supplementary study material: e-learning Supporting modern trends in teaching with regard to Best practice - https://projectbestpractice.cz/cs/e-learning/

The course is also listed under the following terms SUMMER 2023.
  • Enrolment Statistics (recent)
  • Permalink: https://is.vstecb.cz/course/vste/summer2024/MAE_s