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Macroeconomics and Macroeconomic Policy - 2

ОК 1.6

Обов’язкова дисципліна для ОП

Second

2025/2026

2 Semester

5

PLO 1. Formulate, analyse and synthesise solutions to scientific and practical problems. PLO 2. Develop, substantiate and make effective decisions on the development of socio-economic systems and the management of economic entities. PLO 6. Evaluate the results of one's own work, demonstrate leadership skills and the ability to manage personnel and work in a team. PLO 7. Select effective methods of managing economic activity and substantiate proposed decisions on the basis of relevant data and scientific and applied research. PLO 8. Collect, process and analyse statistical data and scientific and analytical materials needed to solve complex political-economic problems. PLO 9. Make effective decisions under conditions of uncertainty requiring new approaches, methods and tools for socio-economic and political-economic research. PLO10. PLO11. PLO12. PLO13. PLO16. PLO17.

Full-time form

Successful completion of the Macroeconomics course. Knowledge of the theoretical foundations of Economic Theory, Macroeconomics, Macroeconomic Policy, Microeconomics, History of Economic Thought, Finance, etc.

Macroeconomics and Macroeconomic Policy - 2 is a component of comprehensive Master's-level training under the Economics and Economic Policy educational programme, specialty C1 Economics and International Economic Relations, specialisation C1.01 Economics. The course provides knowledge of the categories and patterns of national economic development under general economic equilibrium and disequilibrium, macroeconomic dynamics and stabilisation macroeconomic policy. The course comprises the following sections: Section 1: General Economic Equilibrium and Disequilibrium, examining patterns of economic development under general equilibrium and disequilibrium. Section 2: Macroeconomic Dynamics and Stabilisation Macroeconomic Policy, addressing the main challenges of macroeconomic dynamics and government stabilisation policy.

Core: 1. Radionova I. F., Burlai T. V., Alimpiiev Ye. V. Macroeconomics-2 [in Ukrainian]. 2nd expanded ed. Aksioma, 2014. 2. Campante F., Sturzenegger F., Velasco A. Advanced Macroeconomics. LSE Press, 2021. 420 pp. Additional: 1. Agénor P.-R., Montiel P. J. Development Macroeconomics. Princeton University Press, 2008. 2. Chu A. C. Advanced Macroeconomics: An Introduction for Undergraduates. World Scientific, 2020. 3. Challe E. Macroeconomic Fluctuations and Policies. MIT Press, 2023. 4. Iannizzotto M. Macroeconomic Policy Since the Financial Crisis. Agenda Publishing, 2023. 5. Romer D. Advanced Macroeconomics. 4th ed. McGraw-Hill, 2012. 6. Taylor J. B. Inflation Targeting in High Inflation Emerging Economies: Lessons about Rules and Instruments. Journal of Applied Economics, 2018, 22(1), 102–115.

Discussions, case analyses, brainstorming, practical and calculation tasks, creative assignments, tests, reviews of English-language articles and research presentations.

Forms of student assessment: Semester assessment: maximum 60 / minimum 36 points. 1. Participation in seminars (individual presentations, additions and theoretical discussions, problem solving and practical assignments) in content module 1: LO 1.1, 1.2, 2.1, 2.2 – max. 10 / min. 6 points. 2. Test for content module 1: LO 1.1, 1.2, 2.1, 2.2 – max. 10 / min. 6 points. 3. Participation in seminars (individual presentations, additions and theoretical discussions, problem solving and practical assignments) in content module 2: LO 1.3, 1.4, 2.3, 2.4 – max. 10 / min. 6 points. 4. Test for content module 2: LO 1.3, 1.4, 2.3, 2.4 – max. 10 / min. 6 points. 5. Independent work (essays, reports and reviews of English-language articles): LO 3.1, 3.2, 3.3, 4.1, 4.2 – max. 20 / min. 12 points. Final assessment in the form of an examination: maximum 40 points; pass threshold 24 points. to the timetable in the designated classroom

Ukrainian