JEM177 - Intermediate Macroeconomics I

Credit: 6
Status: English
Masters - all
MEF - elective
Semester - winter
Course supervisors: prof. Roman Horváth Ph.D.
Mgr. Nikoloz Kudashvili
Course homepage: JEM177
Literature: N. Gregory Mankiw (2010). Macroeconomics (7th Edition). Worth Publishers.
Student resources are accessible at

Alternative textbook: J. Robert Barro (2010), Intermediate Macro 1e, South Western, Cengage Learning.
This book can be ordered from: use code (2014UK40) for student discount
Description: This course gives an introduction to the macroeconomics at the intermediate level. The course will be strictly model-based. Upon successfully passing the course, you will be able to rigorously analyze and answer questions such as:

Why are some countries are rich while other countries remain poor?
Why cannot some people find a job?
Why is there inflation? Why is it bad?
What can policymakers do about inflation?
Can government policy be expansive and maintain low inflation at the same time?


McKinsey & Company
Moneta Money Bank