Veidlapa Nr. M-3 (8)
Study Course Description
Current Trends in Makroeconomics
Course Code
SBUEK_222
Branch of Science
Economics and Business; Macroeconomics
ECTS
3.00
Target Audience
Business Management; Management Science
LQF
Level 8
Study Type And Form
Full-Time
Study Course Implementer
Course Supervisor
Inna Dovladbekova
Structure Unit Manager
Ieva Puzo
Structural Unit
Faculty of Social Sciences
Contacts
Dzirciema street 16, Rīga, szf@rsu.lv
About Study Course
Objective
To enhance understanding of the theory of macroeconomics and the role thereof in macroeconomic policy making, economic and business development to develop the skills to apply the findings to scientific research, practical economic and entrepreneurial problem solving and pedagogical work with students.
Preliminary Knowledge
Macroeconomics, Economics.
Learning Outcomes
Knowledge
1.Doctoral students have good knowledge of the latest macroeconomic theories and insights, have mastered the methodology of macroeconomics, understand the principles, tools and problems of macroeconomic policy making in the contemporary context.
Skills
1.Doctoral students are able to evaluate the application of macroeconomic theory principles in practice, procedures for eliminating macroeconomic imbalances, economic growth models, and the dimensions of international economic relations. Students are able to discuss macroeconomic theory and policy issues and problems.
Competences
1.Doctoral students are able to carry out continuous and critical analysis of macroeconomic theory and policy, to identify factors of economic instability and growth, to assess the role of international economic relations in the context of national and global economic development, to interpret macroeconomic situations and events.
Assessment
Individual work
|
Title
|
% from total grade
|
Grade
|
|---|---|---|
|
1.
Individual work |
-
|
-
|
|
Analysis and compilation of literature, preparation of presentations, preparation of discussion materials for seminars, individual project.
|
||
Examination
|
Title
|
% from total grade
|
Grade
|
|---|---|---|
|
1.
Examination |
-
|
-
|
|
100% completion of individual work, participation in discussions, development and presentation of the individual project.
|
||
Study Course Theme Plan
FULL-TIME
Part 1
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Development of the theory of macroeconomics in contemporary context. The role of macroeconomics in public policy making.
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Instability in the economy. Development and application of economic and financial crisis theory. Economic growth theories.
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
International context of macroeconomics. Development of international monetary relations.
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Development of the concept of macroeconomic equilibrium.
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Development of fiscal and monetary policy and modern context.
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Analysis of cases of economic and financial crisis.
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Models and factors of economic growth.
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Development of international economic relations and currency relations.
|
Total ECTS (Creditpoints):
3.00
Contact hours:
16 Academic Hours
Final Examination:
Test
Bibliography
Required Reading
1.
Paul Krugman, Robin Wells. Macroeconomics. 5th ed., New York, NY: Macmillan Education, 2018.
2.
Inna Dovladbekova, Eugene Eteris, Dainis Zelmenis. Eiropas Savienības ekonomiskā politika un Latvija. RSU, 2008.
3.
Inna Dovladbekova, Eugene Eteris, Dainis Zelmenis. Mūsdienu finanšu un ekonomiskā krīze Eiropā un Latvijā: izeju meklējot. Rīgas Stradiņa Universitāte. Rīga: RSU, 2011.
Additional Reading
1.
Ekonomiskā krīze Latvijā: "veiksmes stāsta" pēcgarša / Sergeja Kruka redakcijā. RSU, 2016.
Other Information Sources
1.
Pascal Petit. Macroeconomic policy in developing countries: Questioning the new protectionist turn. - Dialogue of Civilizations Research Institute, 2019. Available from: https://doc-research.org/wp-content/uploads/2019/03/Petit_Prep-for-web.pdf
2.
Karine Hervé, Isabell Koske, Nigel Pain, and Franck Sédillot. The Macroeconomic Policy Challenges of Continued Globalisation. OECD, 2008. Available from: https://www.oecd.org/economy/growth/42504072.pdf
3.
Philippe Aghion, Natio Cyclical Macroeconomic Policy, Financial Regulation and Economic Growth. - BIS Working Paper No. 434 Available from: https://www.bis.org/publ/work434.htm
4.
Economic Crisis in Europe: Causes, Consequences and Responses. European Commission, 2009. Available from: http://ec.europa.eu/economy_finance/publications/pages/publication15887_en.pdf
5.
Sher Verick Iyanatul Islam. The Great Recession of 2008-2009: Causes, Consequences and Policy Responses IZA DP No. 4934 May 2010. Available from: http://ftp.iza.org/dp4934.pdf
6.
IMF Macro Research for Development. Available from: https://www.imf.org/external/np/res/dfidimf/
7.
The Global Economy: Heightened Tensions, Subdued Growth. - The World Bank, 2019. Available from: https://www.worldbank.org/