Summary

The aim of the course is to equip students with basic knowledge of the macroeconomic theories, to acquire chains of links, to understand and be able to explain the current economic reality and identify the causes of specific macroeconomic phenomena. The lectures are focused on the interpretation of fundamental concepts, contexts and analysis of macroeconomic problems and phenomena. Individual topics are practised on the seminars.  

Knowledge: Students know and describe the basic macroeconomic variables and phenomena; they can analyse the basic mechanism of functioning of the national economy. Explains the macroeconomic cycle, macroeconomic equilibrium and economic fluctuations in the short and long run. They are able to define the main approaches to macroeconomic policy. 

Skills: Students can search, classify, and interpret macroeconomic data correctly and can consider variants of probable economic development. It can predict the consequences of economic development and economic policy measures for business practice. They are able to apply the concepts discussed to the real world, be able to find them in the real world, name them and discuss different approaches.

General competencies: The student can work and make decisions independently and responsibly, can analyze standard available information, can form their own opinion and present it in the form of clear and correct arguments.