Instructor:
Eva.Hromádková (CERGE-EI UK) – lectures + seminar (Monday - 12:45)
Email: Eva.Hromadkova@gmail.com
Web site: http://home.cerge-ei.cz/hromadkova/
Office: # 339 (New Building)
Office hours: TBA
Academic schedule:
Summer semester: 15.2 – 16.5. 2010
Final exams:
Midterm:
17.5 – 25.6. 2010
29.3 2010
Lectures:
Monday: 11:00 – 12:30 (Hromadkova) – room NB D
Seminars (5EN 253)
Monday
Tuesday
12:45 – 14:15 (Hromádková) - room SB 127
9:15 – 10:45 (Mičúch) – room RB 106
11:00 – 12:30 (Janíčko) – room RB 105
12:45 – 14:15 (Janíčko) – room RB 105
12:45 – 14:15 (Mičúch) – room RB 106
Grading:
5EN 253
Active seminar participation:
Final:
30%
70%
OVS 452
Active seminar participation:
Midterm:
Final:
25%
25%
50%
Readings:
Main textbook:
Mankiw N.G. (2003). Macroeconomics (5th Edition) , Worth Publishers.
Supplementary readings:
Doepke, M.; Lehnert, A. and Sellgren, A.W. (1999). Macroeconomics. (mimeo) http://www.econ.ucla.edu/doepke/teaching/textbook/

(updated throughout the course)
Week (Date): # 1 – 15.2. 2009
Topic : Introduction into macroeconomics; Macroeconomic aggregates
Reference: Mankiw ch. 1,2;
Week (Date): # 2 – 22.2. 2009*
Topic: Classical model: production function, labor market, demand for goods & services, Equilibrating mechanism
Reference: Mankiw ch. 3
Week (Date): # 3 – 1.3. 2009
Topic: Consumption - microfoundations
Consumption and Savings: Keynesian consumption function, Inter-temporal Choice,
Life-Cycle Hypothesis, Permanent Income Hypothesis,
Reference: Mankiw ch. 16
Week (Date): # 4 – 8.3. 2009*
Topic : Investment
Reference: Mankiw ch. 17
Week (Date): # 5 – 15.3. 2009
Topic: Inflation and money
Week (Date): # 6 – 22.3. 2009*
Topic: Labor Market and Unemployment
Supply and demand for labour, natural rate of unemployment - determinants
Reference: Mankiw ch. 6
Week (Date): # 7 – 29.3. 2009
Economic Growth – Solow model, endogenous growth models
Week (Date): # 8 – 5.4. 2009
EASTER MONDAY!!!

Week (Date): # 9 – 12.4. 2009
Topic: Economic fluctuations
Week (Date): # 10 – 19.4. 2009
Topic: Aggregate demand I
Reference: Mankiw ch. 9
Week (Date): # 11 – 26.4. 2009
Topic: Aggregate demand II
Reference: Mankiw ch. 10, 11, 12
Week (Date): # 12 – 3.5. 2009
Topic: Aggregate supply – 3 models
Reference: Mankiw ch. 13
Week (Date): # 13 – 10.5. 2009
Topic: Stabilization policy + recap (exercise?)
Reference: Mankiw ch. 14