(in Polish) Advanced macroeconomics 1155-12-F21-0-AdMac

1. GDP – Measurement and Limitations
• Measuring the size of the economy
• Limitations of GDP
• Economic Development as Interdisciplinary approach
2. Well-Being and beyond GDP Metrics
• Composite indices
• Subjective measures
3. Demographic Macroeconomics
• life-cycle models
• Intergenerational transfers
• Demographic Transition and Economic Growth
• Migration and demographic adjustment
• Population Aging and Fiscal Policy
• Aging populations and pension sustainability
4. Labor Market Equilibrium and Dynamics
• Labor market equilibrium
• Wage rigidity and frictions
• Search and matching
• Labor force participation and retirement decisions
• Human Capital and productivity
• Globalization and technological change
• Migration and adjustment
5. Consumption
• Intertemporal theory
• Precautionary saving and uncertainty
• Heterogeneity
• Expectations and information
• Consumption and sustainability

Total student workload

Contact hours with teacher: - participation in lectures: 15 hrs - excersises: 15 hrs - consultations: 20hrs Self-study hours: - preparation for lectures: 5 hrs - preparation for exercises: 10 hrs - reading literature: 10 hrs - preparation for test: 10 hrs - preparation for examination: 15 hrs Altogether: 100 hrs (4 ECTS)

Learning outcomes - knowledge

W1: Student has knowledge about processes taking place in themacro sphere of the global economy – K_W01 W2: Student understands problems of economic policy in the open economy – K_W02 W3: Student understands the motives behind the behaviour of international market participants and their effects - K_W03

Learning outcomes - skills

U1: Student applies various theoretical concepts to analyze the effects of using macroeconomic policy instruments in an open economy – K_U01, U2: Student prepares short analyses regarding selected problems of international economy – K_U09

Learning outcomes - social competencies

K1: Student perceives dependencies and draws conclusions correctly using the principles of logic – K_K01

Teaching methods

Problem lecture with presentation of basic analytical sequences. Practical exercises devoted to practicing the skills of using theoretical achievements of international economics to solve problems describing certain phenomena in economic practice.

Observation/demonstration teaching methods

- display

Expository teaching methods

- participatory lecture
- description
- problem-based lecture

Exploratory teaching methods

- case study
- practical

Prerequisites

Knowledge in micro- and macro core of economics from 1 degree of studies

Course coordinators

Term 2025/26Z:

Agnieszka Szulc-Obłoza

Term 2023/24Z:

Michał Moszyński

Term 2024/25Z:

Michał Moszyński

Assessment criteria

Lecture:
- written examination - W1 (K_W01), W2 (K_W02), U1 (K_U01)
18-20 points (90-100%) - Very good (5.0)
17 points - Good plus (4.5)
15-16 points - Good (4.0)
14 points - Satisfactory plus (3.5)
11-13 points - Satisfactory (3.0)
10< points - Unsatisfactory (2.0)
Excercises:
- 1 test - W1 (K_W01), W2 (K_W02), U1 (K_U01), K1 (K_K01) with the same scoring
- activity/presentation

Practical placement

non applicable

Additional information

Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system:

Description of 1155-12-F21-0-AdMac in USOSweb