ECTS
ECTS Course Catalogue

Course details
Course code: RESS10105o14
Semester: 2014/2015 summer
Name: Macroeconomics
Major: Economics
Study Type: first cycle
Course type: compulsory
Study Semester: 2
ECTS points: 6
Hours (Lectures / Tutorials / Other): 30 / 30 / 0
Lecturer: prof. dr hab. Andrzej Matysiak
Language of instruction: Polish / English
Contact person: dr Grzegorz Walerysiak

Learning outcomes: KNOWLEDGE: 1) Student have a knowledge of methods of measuring welfare and knows causes of business cycle. 2) Have basic knowledge of the role of state in economy. 3) Have a knowledge of causes and how to counteract inflation. 4) Knows what fiscal policy is. 5) Knows how banking system works. 6) Have a basic knowledge of international exchange and currency rates. SKILLS: 1) Student can see and interpret basic macroeconomic problems. 2) Student can describe relations between macroeconomic indicators. 3) Student can evaluate effectiveness of fiscal and monetary policy.

Competences: SOCIAL COMPETENCES: 1) Student have ability to value need to enlarge the scope of knowledge i macroeconomics. 2) Student is open to different interpretations of current economic situation and economic policy.

Prerequisites: Knowledge of mathematics and civics at high school level.

Course content: Macroeconomic problems. Macroeconomic indicators. Factors of economic growth. Economic cycle. Determinants of national income. Keynes model. The role of state in economy. Fiscal policy. Money and the banking system. Inflation. Unemployment. Employment policy. International economics.

Recommended literature: Basic literature: 1) Mankiw M.G., Taylor M.P. (2009), Macroeconomics, PWE. 2) Milewski R., red. (2005), Principles of economics, PWN. 3) Begg D., Fischer S., Dornbusch R. (2007), Macroeconomics, PWE. Further reading: 1) Jarmołowicz W., red. (2008), Principles of macroeconomics, UE Poznan

Assessment methods: Knowledge evaluation methods: The subject ends with final exam. Evaluation of seminars: written test , oral test, presentation Skills evaluation methods: Presentation Social competences evaluation methods: Evaluation of presentation and discussion

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