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    Reg. No. CZ.1.07/2.2.00/28.0326
    Subject: Economics II - Macroeconomics
    Form of study: full-time
    Subject´s goals: The goal of the study is to provide analytically substantiated new knowledge, deepening and broadening knowledge gained in the study of basic economics course. Provide students with prerequisites for their precise orientation
    in theoretical foundations of the subject and a higher level of understanding
     of its importance as a general base not only for the economic subjects.
    Learning outcomes:
    • skills:

    The students

    • will be able to to use acquired knowledge in explaining the current economic and political measures;

    • will be able to explain and interpret the interrelationship
      of economic development and ensuring the defense
      and security;

    • will be able to apply economic knowledge in managerial decision-making process regarding the use of resources in the sphere of defense and security.
    • abilities:

    The students:

    • will obtain ability  to use actively the economic theory as thetheoretical and methodological basis for interpretation of socio-political, military and security issues and their solutions in defense and military areas.
    • competences:

    The graduates in the subject:

    • will be able to understand the nature and content of economic categories as the theoretical expression of real economic phenomena and processes; connections, regularities and laws of economic development as internally harmonized system of microeconomic and macroeconomic operators; nature and content of macroeconomic and microeconomic analysis and their importance for effective decision-making processes in all spheres of social life, including the sphere of defense and security.
    Subject continuity: The course builds on Economics I as well as on a Public Economy and creates conditions for follow-up study of economic and non-economic courses.
    Conditions for successful completion of the course:

    Students have to be succesful in partial tests and semester exams.

    Basic literature:
    • MACH, M. Makroekonomie pro magisterské (inženýrské) studium. 1. + 2. část. Slaný: Melandrium, 2001. 367 s. ISBN 80-86175-18-9.
    • ŠTANCL A kol. Základy teorie vojenskoekonomické analýzy. 1. vyd. Brno: Monika Promotion, 2012. ISBN: 978-80-905384-0-5.
    Recommended readings:
    • OLEJNÍČEK, A. a kol. Ekonomické řízení v podmínkách AČR. 1. vyd. Uherské Hradiště: LV.Print, 2012. ISBN 978-80-260-3277-9.
    • ROMER, D. Advanced Macroeconomics. 3rd edition. New York: McGraw-Hill/Irwin, 2006. 678 p. ISBN 978-0-07-287730-4.

  • Topic 1

    The Determination of Equilibrium Output.

    List of tasks for students is included in pdf presentation.

  • Topic 2.1

    The IS-LM Model, Fiscal and Monetary Policy, Part I

  • Topic 2.2

    The IS-LM Model, Fiscal and Monetary Policy, Part II

  • Topic 3

    Open Economy and the Determination of Equilibrium Output

  • Topic 4.1

    Aggregate Demand and Aggregate Supply, Part I

  • Topic 4.2

    Aggregate Demand and Aggregate Supply, Part II

  • Topic 5.1

    Labor Market, Unemployment and the Phillips Curve, Part I

  • Topic 5.2

    Labor Market, Unemployment and the Phillips Curve, Part II

  • Topic 6.1

    Inflation, Part I

  • Topic 6.2

    Inflation, Part II

  • Topic 7.1

    Long Run Economic Growth, Part I

  • Topic 7.2

    Long Run Economic Growth, Part II