Faculty: Jerzy Stelmach, PhD


The main objective is to present the contemporary state of research in macroeconomics from the point of view of doctoral exams.

This course provides an analytical framework for the understanding of the economy at the national level. In addition, this course will cover the economic impacts of fiscal and monetary policies and the differences between short run and long run macroeconomic aspects of the economy. Students who successfully complete this course should be able to:

  1. access existing knowledge about macroeconomics,
  2. apply existing knowledge in a variety of situations,
  3. identify and explain current economic issues,
  4. effectively employ selected analytical and critical thinking tools.

Course organization and administration

The course is organized in one, 10-hours- session that deal with main contemporary problems in the area of macroeconomics.

The session will combine the lecture with class discussion

Required texts/readings

at least 50% of the readings should be devoted to contemporary research in the field described in the doctoral course title

  1. Mankiw N. G., Macroeconomics, 6th edition, Worth Publishers, 2007.
  2. Burda M., Wyplosz Ch., Macroeconomics. European Text¸ 4th edition, OUP, 2005.
  3. Papers assigned during course

Course Requirements and evaluation

  1. Adequate preparation for, attendance and participation in the session.
  2. Final exam

Course schedule (10 hours)

Lecture 1

Duration: 2 hours

Literature/readings: Mankiw: ch. 2

Lecture 2

Duration: 3 hours
Literature/readings: Mankiw: ch. 3

Lecture 3

Duration: 1 hour
Literature/readings: Mankiw: ch. 6

Lecture 4

Duration: 2 hours
Literature/readings: Mankiw: ch. 9

Lecture 5

Duration: 2 hours

Total: 10 hours

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