Macroeconomics I
BASIC DATA
course listing
A - main register
course code
TET2550
course title in Estonian
Makroökonoomika I
course title in English
Macroeconomics I
course volume CP
4.00
ECTS credits
6.00
to be declared
yes
fully online course
not
assessment form
Examination
teaching semester
spring
language of instruction
Estonian
English
Study programmes that contain the course
code of the study programme version
course compulsory
TVTB12/25
yes
Structural units teaching the course
ME - Department of Economics and Finance
Course description link
Timetable link
View the timetable
Version:
VERSION SPECIFIC DATA
course aims in Estonian
Omandada makromajanduslike mudelite abil teadmisi makromajanduse toimimise üldistest seaduspärasustest ja mehhanismidest; teadvustada mikro- ja makrotasandite omavahelist seotust; näha riigi majanduspoliitika teostamise vahendeid ja vastuolulisi lähenemisi majanduse põhiprobleemidele ning nende lahendustele.
course aims in English
to learn with the help of macroeconomic models knowledge about general laws and mechanisms of macroeconomics; be aware of the correlations on micro- and macrolevel; know the national economic policy instruments and contradictory approaches to the main economic problems and their solutions.
learning outcomes in the course in Est.
Üliõpilane peab omandama makromajandusteaduse põhimõisted ning makronäitajad ja nende korrektset kasutamist, saama aru peamistest makrotasandil toimuvatest protsessidest ning osakama nende abil selgitada reaalmajanduses toimuvat; suutma kriitiliselt analüüsida nii pressis kui vastavate asutuste poolt avaldatavat majandusalast materjali; nägema üksikute majandusnähtuste seost majanduse kui tervikuga; tundma riigi makromajanduspoliitika aluseid ning nägema poliitiliste abinõude rakendamise võimalikke tagajärgi
learning outcomes in the course in Eng.
The students have to learn the fundamental concepts of economics and macro-indicators, and how to use them correctly; comprehend the main macrolevel processes and be able to explain with the help of them what is happening in real economy; be able to critically analyse economic materials published in the press as well as by respective institutions; grasp the connection between individual economic phenomena and the eonomy as a whole; know the principles of national macroeconomic policy and envisage possible consequences of implementing political measures.
brief description of the course in Estonian
Peamised makromajanduslikud näitajad; majandustsüklid; kogunõudlus ja kogupakkumine; rahvamajanduslik hüviste turg; raha ja pangandus; maksebilanss ja valuuta vahetuskursid; tööhõive ja töötus; Phillipsi kõver; raha- ja fiskaalpoliitika; riigieelarve; majanduskasv.

brief description of the course in English
main macroeconomic indicators; eonomic cycles, aggregate demand and aggregate supply; national economic market of goods; money and banking; balance of payments and currency exchange rates; employment and unemployment; Phillips curve; financial and fiscal policy; state budget; economic growth.
type of assessment in Estonian
-
type of assessment in English
-
independent study in Estonian
Teemakohase majanduskirjanduse läbitöötamine, koduste ülesannete lahendamine.
independent study in English
Going through the subject-related literature, doing homework.

study literature
Kohustuslik kirjandus: Blanchard Oliver. Macroeconomics. 8/e, Pearson Education (2021)
Soovituslik kirjandus: Keskpankade, Rahvusvahelise Valuutafondi jt organisatsioonide materjalid, teadusartiklid, pressis avaldatud materjalid.
study forms and load
daytime study: weekly hours
4.0
session-based study work load (in a semester):
lectures
2.0
lectures
-
practices
0.0
practices
-
exercises
2.0
exercises
-
lecturer in charge
-
LECTURER SYLLABUS INFO
semester of studies
teaching lecturer / unit
language of instruction
Extended syllabus or link to Moodle or to home page
2024/2025 spring
Simona Ferraro, ME - Department of Economics and Finance
English
    TET2550 - Macroeconomics I_Extended syllabus_2025_OIS.pdf 
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    2023/2024 spring
    Natalia Levenko, ME - Department of Economics and Finance
    English
      2022/2023 spring
      Natalia Levenko, ME - Department of Economics and Finance
      English
        TET2550_Syllabys_Spring2023.pdf 
        2021/2022 spring
        Natalia Levenko, ME - Department of Economics and Finance
        English
          TET2550_Assessment criteria_Eng.pdf 
          2020/2021 spring
          Natalia Levenko, ME - Department of Economics and Finance
          English
            TET2550_Assessment criteria_Eng.pdf 
            2019/2020 spring
            Natalia Levenko, ME - Department of Economics and Finance
            English
              TET2550_Assessment criteria_Eng.pdf 
              2018/2019 spring
              Natalia Levenko, ME - Department of Economics and Finance
              English
                TET2550_Assessment criteria_Eng.pdf 
                2017/2018 spring
                Natalia Levenko, ME - Department of Economics and Finance
                English
                  TET2550_Assessment criteria_Eng.pdf 
                  Course description in Estonian
                  Course description in English