Macroeconomics

Week 1

Seminar requirements: students have to complete 60 % seminar attendance;

Voluntary: Students might obtain max. 12 activity points for various seminar activities during the semester (quizzes, homework, discussion, presentation, participation in group activities, problem solving). These points will be added to the final exam result.


SEMINAR TOPICS:

WEEK 1 - NO SEMINARS

WEEK 2 - INTRODUCTION; MACROECONOMICS AND MAIN MACROECONOMIC VARIABLES

WEEK 3 - KEYNESIAN MODEL: TWO SECTOR ECONOMY

WEEK 4 - KEYNESIAN MODEL: THREE SECTOR ECONOMY

WEEK 5 - KEYNESIAN MODEL: FOUR SECTOR ECONOMY AND BALANCE OF PAYMENTS

WEEK 6 - IS-LM MODEL

WEEK 7 - OPEN ECONOMY: IS-LM-BP MODEL

WEEK 8 - AS-AD MODEL

WEEK 9 - INFLATION AND UNEMPLOYMENT

WEEK 10 - ECONOMIC GROWTH AND ECONOMIC CYCLE

WEEK 11- REVIEW: THE GOVERNMENT GAME

WEEK 12 - INDIVIDUAL REVIEW


Recommended literature:

ROMER, D., 2018. Advanced Macroeconomics. 5th edition. New-York: McGraw-Hill. ISBN 978-1-260-18521-8.

MANKIEW, N. G., 2019. Macroeconomics. 10th Edition. New York: Worth Publishers. ISBN 978-1-319-24358-6.

COWEN, T. and A. TABARROK, 2018. Modern Principles of Macroeconomics. New York: Worth Publishers. ISBN 978-319-18206-9.

BLANCHARD, O., 2017. Macroeconomics. 7th Edition. London: Pearson Education Limited. ISBN 978-1-292-16050-4.
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