Macro and Microeconomics

Topic outline

• AE1B16MME - Macro and Microeconomics
  

  AE1B16MME - Macro and Microeconomics

  Principles of economics, market, law of demand and supply, market equilibrium, price elasticity, consumer behaviour, production cost, revenue, profit, market failure, expenditure on gross domestic product, multipliers, money, inflation, banks, monetary policy, labour market, unemployment, economic growth, business cycle, fiscal policy, national debt, foreign trade policy.

  Contact:

  Jan Jandera
  Phone: 2 2435 5141
  E-mail: jandera@fel.cvut.cz

  • News Forum
• Rules
  

  Rules

  Lectures:

  optional

  Seminars:

  optional

  Tests:

  Four short tests: each for 15 points, contains multiple-choice questions
  Final (examination) test: 40 multiple-choice questions and two computations - one from microeconomics, one from macroeconomics

  The use of any kind of literature (textbooks, notes, handouts, etc.) is allowed, calculators recommended. No communication devices allowed during the tests. Cooperation with other students and use of examination tests/computations from previous years during the tests is strictly forbidden. Breaking the Rules will be followed by actions according to the Disciplinary Code of CTU.

  Evaluation

  4 short tests	60 points
  Final test	40 points
  In summary max.:	100 points

  Assessment and grades

  Points	100-90	89-80	79-70	69-60	59-50	less than 50
  ECTS	A	B	C	D	E	F
  	excellent	very good	good	satisfactory	sufficient	failed
• Lectures
  

  Lectures

  Lectures are available in the form of ready-to-download handouts. Rules of the class are explained during the first lecture.

  • Lecture 01 Basic economic terms File
  • Lecture 02 Demand and Supply, Market equilibrium File
  • Lecture 03 Elasticities File
  • Lecture 04 Consumer behavior File
  • Lecture 05 Costs File
  • Lecture 06 Pure competition, Profit maximization File
  • Lecture 07 Monopoly File
  • Lecture 08 Macroeconomics, GDP File
  • Lecture 09 Expenditures on GDP File
  • Lecture 10 Money File
  • Lecture 11 Macroeconomic instability File
  • Lecture 12 Business cycle, Economic growth File
  • Lecture 13 Fiscal policy File
  • Lecture 14 International trade, Absolute & comparative advantage File
• Training courses
  

  Training courses

  • • Složka - Training courses
      • Lecture11-Exercises.pdf

    Download folder
• References
  

  References

  English:

  1. Fialova H., J. Jandera, Economics (handouts)
  2. Frank R.H., B.S. Bernanke:, Principles of Economics, McGraw-Hill, 3.Ed. 2005
  3. Fialová, H., J. Fiala: The Concise Dictionary of Economic Terms, A plus, Praha 2008

  Czech:

  1. Fialová H., Úvod do ekonomiky. Základy makroekonomiky. ČVUT, Praha 2006
  2. Fialová H., O. Starý, Základy mikroekonomiky, ČVUT, Praha 2002
  3. Fialová H., A. Ambrožová, J. Jandera, Čísla a čáry v ekonomii, A plus, Praha 2013
  4. Fialová H., Malý výkladový ekonomický slovník, 8. vydání, A plus, Praha 2007
  5. Fialová H., J. Fiala, Malý ekonomický slovník s výkladem v češtině a v angličtině, A plus, Praha 2006
  6. Holman R., Ekonomie, C.H. Beck, Praha 2003