Subject 'Macroeconomics'

Year:   2016/2017    2017/2018    2018/2019    2019/2020    2020/2021    

Business Cycles.
Aggregate demand and aggregate supply.
National Accounts (GDP, GNP).
Macroeconomic balance.
State economic functions.
Fiscal and monetary policy.
State budget.
Balance of payments, exchange rates.
Economic Community.
International trade.

The substance of the course is to provide students with the basic knowledge of macro economics and business processes involved, the student would be able to critically evaluate the domestic economic and global economic processes (causes, consequences, relationships).

The student:
- Is able to distinguish the phases of the business cycle;
- Is able to assess the causes and processes of economic relationships and to assess the consequences;
- Can find the key macroeconomic indicators (GDP, NCB, public expenditure, investments, etc.);
- Is able to express their views on the different economic processes and events, with arguably justify their ideas and analyze;
- Is familiar with the concepts of economic theory and calculation formulas.

Lectures, seminars, individual work, homework.

Kerem, K., Randveer, M. (2007) Mikro- ja makroökonoomika põhikursus. Külim. 158 lk.
Eamets, R., Kaasa, A. (2005) Sissejuhatus majandusteooriasse. Tartu. 341 lk.
Arrak, A., Eamets, R. jt. (2008) Eesti majandus: lõimumine Euroopa ja globaalses kontekstis. Tartu. 360 lk.
Kerem, K., Listra, E., Luiker, L., Põder, K. (2000) Makroökonoomika teooriad ja mudelid. Tallinn. 286 lk.
Brown, W. (1997) Makroökonoomika baasteooria. Külim. 480 lk.
Arrak, A., Eamets, R. jt. (2002) Majanduse ABC. Tartu. 396 lk.
Org, A., Sults, M. (2001) Makroökonoomika ülesannete ja harjutuste kogu. Külim. 128 lk.
Eesti Panga, Eesti Statistikaameti, OECD, Eurostat jms trükised, andmebaasid, veebilehed.

Individual work, 10+2 tests.

2018: TL  

2017: TL  

2016: TL  

2015: TL  

2014: TL  

2013: TL