Macroeconomics

Aims of the course:

1. to learn about the mechanisms governing the market economy, in particular as regards inflation, unemployment, monetary and fiscal policy, the balance of payments and relationships between them.

After passing the subject, the student:

1. has the ability to define and explain the notions which are connected with unemployment, inflation, the balance of payments and the government policy and the policy of the Central Bank;

2. has knowledge regarding the instruments of monetary and fiscal policy and relationships between them;

3. knows views on the role of the state in the economy presented by the main schools of economic thought;

4. is able to properly interpret phenomena related to unemployment, inflation and foreign trade;

5. efficiently analyses macroeconomic indicators from the static and dynamic perspective;

6. is able to define the role of the state and the market in a country's economic development;

7. is determined to interest her/himself in current economic events;

8. is capable of interpreting basic macroeconomic quantities;

9. is oriented towards the improvement of general knowledge about economics not only in theory but in practice, above all;