Macroeconomics
Course: Management of Organizations
Structural unit: Faculty of Economics
            Title
        
        
            Macroeconomics
        
    
            Code
        
        
            ОК 1.15
        
    
            Module type 
        
        
            Обов’язкова дисципліна для ОП
        
    
            Educational cycle
        
        
            First
        
    
            Year of study when the component is delivered
        
        
            2021/2022
        
    
            Semester/trimester when the component is delivered
        
        
            3 Semester
        
    
            Number of ECTS credits allocated
        
        
            5
        
    
            Learning outcomes
        
        
            PLO 4. Demonstrate skills to identify problems and justify management decisions.
PLO 6. Identify skills of search, collection and analysis of information, calculation of indicators to justify management decisions. 
        
    
            Form of study
        
        
            Full-time form
        
    
            Prerequisites and co-requisites
        
        
            Successful mastering of the course "Economic Theory".
Knowledge of the theoretical foundations of the courses "Economic Theory", "Microeconomics", "Economic History" and "Modern Economic Systems". 
        
    
            Course content
        
        
            Macroeconomics as science makes it possible to understand how national economies, interacting with each other and with the world economic system as a whole, shape the economic behavior of national economic entities, the culture of economic thinking, determine the coordination of the legal field. The discipline "Macroeconomics" consists of the following sections: Section 1: "Theoretical foundations of the study of macroeconomic processes" which studies the foundations of macroeconomic theory, macroeconomic phenomena, and processes; Section 2: "Macroeconomic instability and macroeconomic policy", which discusses the main factors and causes of macroeconomic imbalances, measures to restore it, as well as types and instruments of macroeconomic policy. 
        
    
            Recommended or required reading and other learning resources/tools
        
        
            1.Barro R. J. Macroeconomic Policy. Cambridge, Mass : Harvard University Press, 1990. 379 p.
2. Burda M., Wyplosz Ch. Macroeconomics: a European Text. 7-th Edition, Oxford University Press. 2017.
3. Gwartney J.D., Stroup R.L., Sobel R.S. Macroeconomics: Private and Public Choice. 16th Edition. Cengage Learning. 2016.
4. Keynes J.M. Essays in Persuasion. Economic Possibilities for our Grandchildren. The Collected Writings of J.M.Keynes, London : Macmillan, 1936. Vol. 9.
5. Keynes J.M. The General Theory of Employment, Interest, and Money. London : Macmillan, 263 p.
6. Mankiw G. Principles of Economics, 8th Edition, Cengage Learning. 2017.
7. Schiller B., Gebhardt K. The Macro Economy Today. 15th Edition, McGraw-Hill. 2019.
        
    
            Planned learning activities and teaching methods
        
        
            Information-traditional with elements of problem-oriented learning: lectures, seminars, independent work, consultations, abstracting English-language articles, preparation of presentations 
        
    
            Assessment methods and criteria
        
        
            - semester assessment: 60 points maximum / 36 points minimum
1. Participation in seminars (individual presentations, additions and discussions of a theoretical nature, problem solving and solving practical problems) during the substantive section 1 - Max. 10 points / Min. 6 points.
2. Test work on the content section 1– Max. 10 points / Min. 6 points.
3. Participation in seminars (individual presentations, additions and discussions of a theoretical nature, problem solving and solving practical problems) during the substantive section 2 - Max. 10 points / Min. 6 points.
4. Test work on the substantive section 2 - Max.10 points / Min. 6 points.
5. Independent work (essay writing, preparation of analytical works, abstracting English-language articles, their presentation) - Max.20 points / Min. 12 points.
- final assessment in the form of an exam: maximum score of 40 points, boundary grade - 24 points. 
        
    
            Language of instruction
        
        
            Ukrainian 
        
    Lecturers
This discipline is taught by the following teachers
                    Department of Economic Theory, Macro- and Microeconomics 
Faculty of Economics
            Faculty of Economics
Departments
The following departments are involved in teaching the above discipline
                        Department of Economic Theory, Macro- and Microeconomics
                    
                    
                        Faculty of Economics