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MACROECONOMICS

MACROECONOMICS. dr hab. Marek Szczepański. Plan of the course. Introduction - the economic problem Tools of economic analysis, main indicators Demand, supply and the market Output and aggregate demand Unemployment and inflation Factor market and income distribution

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MACROECONOMICS

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  1. MACROECONOMICS dr hab. Marek Szczepański

  2. Plan of thecourse • Introduction - the economic problem • Tools of economic analysis, main indicators • Demand, supply and the market • Output and aggregate demand • Unemployment and inflation • Factor market and income distribution • Long-run economic growth • Short-time economic growth • Business cycles • Stabilization policy (fiscal and monetary policy) • Open- economy macroeconomics • Money and banking • Interantional trade, european integration and globalization • The main macroeconomic theories and current discussions

  3. Exercises • Indicators of economicgrowth (GDP, otherindicators – comparison of different countries) • Inflation (how to measureinflation? Interntionalcomparison) • Unemployment (how to measureinflation? Interntionalcomparison) • International trade (foreign trade ballance, main export and import partners of of Poland, interntional trade in EU and worldwide) 5. Globalisation (nature of the process, implications – positive and negative) • Global financial and economiccrisis 2008-2009 – causes, implications for worldeconomy, EU and Poland

  4. Literature • P. Krugman, R. Wells, Macroeconomics, SecondEdition, Worth Publishers, New York 2009. • D. Begg, S. Fisher, R. Dornbusch, Economics, 8thEdition, McGraw-HillCompanies, London, New York 2008. • http://www.mcgrawhill.co.uk/textbooks/begg • E.Skawińska, K.Sobiech, K.Nawrot, Makroekonomia, PWE, Warszawa 2008.

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