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Economics II

Some basic information about the module

Cycle of education: 2019/2020

The name of the faculty organization unit: The faculty Mathematics and Applied Physics

The name of the field of study: Mathematics

The area of study: sciences

The profile of studing:

The level of study: first degree study

Type of study: full time

discipline specialities : Applications of Mathematics in Economics

The degree after graduating from university: bachelor's degree

The name of the module department : Department of Economics

The code of the module: 1053

The module status: mandatory for teaching programme Applications of Mathematics in Economics

The position in the studies teaching programme: sem: 2 / W30 C30 / 4 ECTS / E

The language of the lecture: Polish

The name of the coordinator: Tomasz Misiak, PhD

office hours of the coordinator: wtorek 8.45-10.15 środa 10.30-12.00 L-252C

The aim of studying and bibliography

The main aim of study: The aim of the subject is to explain student the basic laws, theories and indicators of the macroeconomic system and the functioning of the economy in the short, medium and long term, ways to struggle unemployment and inflation, economic growth and development processes and cycles in modern economies. In addition, during the lectures the student will be accustomed with the ways of setting the exchange rate and the functioning of the open economy, and also with the structure and objectives of the international economic institutions.

The general information about the module: The module consists of the knowledge of the functioning of the whole economy

others: Akty prawne, Informacje GUS, Prasa ekonomiczna (Rzeczpospolita, Dziennik Gazeta Prawna, Ekonomista)

Bibliography required to complete the module
Bibliography used during lectures
1 Milewski R., Kwiatkowski E. Podstawy Ekonomii Wydawnictwo Naukowe PWN, Warszawa. 2008
2 2.Marciniak S. (red. naukowa), Makro i mikroekonomia. Podstawowe problemy Wydawnictwo Naukowe PWN, Warszawa. 2006
Bibliography used during classes/laboratories/others
1 1.Milewski R Podstawy ekonomii: ćwiczenia, zadania, problemy Wydawnictwo Naukowe PWN, Warszawa. 2006
2 2.Smith P, Begg D Ekonomia: zbiór zadań PWE, Warszawa . 2001
Bibliography to self-study
1 Nasiłowski M., System rynkowy. Podstawy mikro i makroekonomii wydawnictwo Naukowe Key Text, Warszawa. 2006

Basic requirements in category knowledge/skills/social competences

Formal requirements: The student satisfies the formal requirements set out in the study regulations

Basic requirements in category knowledge: The knowledge of basics ofmicroeconomic and basics of mathematical analysis

Basic requirements in category skills: The ability to find, process and analyse economic information

Basic requirements in category social competences: The willingness to learn and develop

Module outcomes

MEK The student who completed the module Types of classes / teaching methods leading to achieving a given outcome of teaching Methods of verifying every mentioned outcome of teaching Relationships with KEK Relationships with PRK
01 Knows basic macroeconomic notions lecture, problem and accounting tasks written exam, test K_W03+
K_K02+
P6S_KK
P6S_KR
P6S_WG
P6S_WK
02 knows the rules acquisition and analysis of economic data lecture, problem and accounting tasks written exam, test K_W03+
K_U25+
P6S_UU
P6S_UW
P6S_WG
P6S_WK
03 Explains the functioning of the economy within the short, medium and long-term periods lecture, problem activities written exam, test K_K02+
P6S_KK
P6S_KR
04 Possesses basic knowledge of the scope, objectives and instruments of economic politics lecture, problem and accounting tasks written exam, test K_K02+
K_K03+
P6S_KK
P6S_KO
P6S_KR

Attention: Depending on the epidemic situation, verification of the achieved learning outcomes specified in the study program, in particular credits and examinations at the end of specific classes, can be implemented remotely (real-time meetings).

The syllabus of the module

Sem. TK The content realized in MEK
2 TK01 Scope and methods of analysis in macroeconomics Basic problems and the main strands of macroeconomics W01-02, C01-02 MEK01 MEK02
2 TK02 Economic systems; market economy vs. centrally planned economy W03, C03 MEK03 MEK04
2 TK03 State market economy; problems of national interventionism W04, C04 MEK03 MEK04
2 TK04 Measurement of GDP and national income W05, C05 MEK01 MEK02
2 TK05 Determinants of national income. Keynesian multipliers and their analysis W06, C06 MEK01 MEK02 MEK03 MEK04
2 TK06 Money and its role in the economy. The Central Bank and the banking system W07, C07 MEK01 MEK03 MEK04
2 TK07 The system of public finances. The budget and fiscal policy W08, C08 MEK01 MEK03 MEK04
2 TK08 The IS-LM model W09, C09 MEK01 MEK03 MEK04
2 TK09 Labor market and unemployment W10, C10 MEK01 MEK02 MEK04
2 TK10 Inflation. The measurement, causes, analysis of the effects. Inflation and unemployment-the Philips curve W11, C11 MEK01 MEK02 MEK03
2 TK11 International trade the international foreign exchange market W12-13, C12-13 MEK02 MEK03 MEK04
2 TK12 Economic growth vs. economic cycle W14-15, C14-15 MEK01 MEK02 MEK03 MEK04

The student's effort

The type of classes The work before classes The participation in classes The work after classes
Lecture (sem. 2) contact hours: 30.00 hours/sem.
complementing/reading through notes: 10.00 hours/sem.
Studying the recommended bibliography: 5.00 hours/sem.
Class (sem. 2) The preparation for a Class: 15.00 hours/sem.
The preparation for a test: 5.00 hours/sem.
contact hours: 30.00 hours/sem.
Finishing/Studying tasks: 10.00 hours/sem.
Advice (sem. 2) The participation in Advice: 2.00 hours/sem.
Exam (sem. 2) The preparation for an Exam: 10.00 hours/sem.
The written exam: 2.00 hours/sem.

The way of giving the component module grades and the final grade

The type of classes The way of giving the final grade
Lecture Test form of the exam in the Summer semester after the cycle of Economics I and Economics II lectures. Grading: 0-50% (unsatisfactory), 51-60% (satisfactory), 61-70% (satisfactory +), 71-80% (good), 81-90% (good +), 91-100% (excellent).
Class Requirements to receive a credit for activities: 2 written tests, participation and presence. A system of points has been introduced. Students collect points in the course of the semester fulfilling the requirements mentioned above. A condition to receive a positive credit grade is collection of minimum 50% of points. Detailed information concerning the system of points has been given to students during the first class.
The final grade The final grade is the mark received for Activities during the Summer semester, whereas the final grade for the Economics course is the exam grade covering knowledge within the scope Economics I and Economics II courses.

Sample problems

Required during the exam/when receiving the credit
(-)

Realized during classes/laboratories/projects
(-)

Others
(-)

Can a student use any teaching aids during the exam/when receiving the credit : no

The contents of the module are associated with the research profile: no