H60222 Macroeconomics

Faculty of Music
Summer 2024
Extent and Intensity
3/0/1. 2 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Vojtěch Müllner, Ph.D. (lecturer)
Guaranteed by
doc. Ing. MgA. Lucie Pešl Šilerová, Ph.D.
Music Production Department – Dean’s Office – Faculty of Music – Janáček Academy of Performing Arts
Supplier department: Music Production Department – Dean’s Office – Faculty of Music – Janáček Academy of Performing Arts
Timetable
Mon 16:00–18:25 006/A
Prerequisites
Passing the course Microeconomics
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
The aim of the course is to provide students with an overview of the functioning of the national economy, its internal structure and contexts, as well as the disturbances that may occur in it and the possible types of economic policy and its objectives. The aim is also to provide a brief but reliable overview of the functioning of the financial market, its assumptions as well as its continuity. As part of economic theory, macroeconomics is one of the fundamental pillars for related subjects.
Learning outcomes
After completing the course, the student will understand the basic context of the functioning of the national economy and the prerequisites for its balance in both material and financial terms. The student will also have an idea of measuring the output of the economy and will be able to assess its level in specific cases and derive its own idea of the state of specific economies. The students will understand the terms that are used in the context of the evaluation of economies in the media and will be able to distinguish true messages from misleading ones. They will become familiar with common disorders in the national economy and will be familiar with the current types of economic policies of modern states. They will also gain insight into the functioning of financial markets, from which it will be able to draw practical knowledge for its further activities. Last but not least, it will gain an overview of the international context and the interconnection of national economies.
Syllabus
  • 1 Introduction to macroeconomics. Ways of Measuring the Performance of the Economy 2 Balance of the Economy 3 Determination of the Product by Total Expenditure 4 Economic Growth 5 Money Demand and Money Supply in the Economy 6 Inflation and Methods of Measuring it 7 Macroeconomic Economic Policy. 8 Fiscal policy - objective, tools, expected and actual effects 9 Monetary policy - objective, instruments, expected and actual effects 10 Distributive processes in the economy and the state's income policy 11 The open economy - international trade and balance of payments 12 Currency rates and international financial system 13 Theory of Economic Integration and its Application in Europe
Literature
    required literature
  • FUCHS, K., TULEJA, P.: Základy ekonomie. Praha, Ekopress 2003. ISBN 80- 86119-74-2. info
    recommended literature
  • FUCHS, K., TULEJA, P.: Základy ekonomie. Průvodce a cvičebnice k učebnici. Praha, Ekopress 2004. ISBN 80-86119-88-2. info
Teaching methods
Lectures with follow-up seminar. The lecture introduces students to the theme according to the curriculum, in the seminar its understanding is verified and at the same time it is a place for active participation of students and for questions and discussion about the subject matter.
Assessment methods
During the semester, continuous verification of students' knowledge level through communication with the teacher. Finally, the oral exam is based on previously published questions.
Language of instruction
Czech
The course is also listed under the following terms Summer 2014, Summer 2015, Summer 2016, Summer 2017, Summer 2018, Summer 2019, Summer 2020, Summer 2021, Summer 2022, Summer 2023.
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