Course MK123 · Year I · Autumn 2025-2026

MACROECONOMICS

Compulsory course in Marketing, taught by Vasile Lucian Găban.

This course page is from 2025-2026 and is archived.
See this course for the current academic year

Overview

Lecturer
Vasile Lucian Găban
Seminar tutor
Iulian Bogdan Dobra
Type of course
Compulsory
Language of instruction
Romanian
Erasmus language
English
Domain
Marketing
Field of study
Marketing
Form of education
Full-time
Form of instruction
Class
Credit awarded by
Grade
Teaching methods
Lecturing, Demonstrating, Collaborating (i.e. Classroom discussion, Debriefing, Classroom Action Research), Recitation.
Entry requirements
-

Aims

These course cover a number of topics related to macroeconomics.

This introductory course teaches the fundamentals of macroeconomics

This course provides an overview of macroeconomic issues: the determination of output, employment, unemployment, interest rates, income, consumption and investment. Also, important policy debates such as, economic growth in the long run, government finances in the intermediate run, and economic stability in the short run, are judgmentally explored.

Course contents

CH 1. Fundamental Principles of Macroeconomic Theory CH 2. Economic Growth and Sustainable Economic Development CH 3. Economic Equilibrium CH 4. Income, Consumption and Investment CH 5. Financial Markets CH 6. . Labour Economics CH 7. Employment and Unemployment CH 8. The Money Markets  CH 9. Inflation  CH 10. World Economy and Globalisation

Learning outcomes

  • To provide an introduction to fundamentals of macroeconomics;
  • The course is intended both for graduate students who wish to develop a solid background in game theory in order to pursue research in the applied fields of economics and related disciplines, and for students wishing to specialize in economic theory;
  • To give an introduction and to learn, judge, make decisions, have a personal opinion or interpretation to some of the main subjects in this field: economic activity, exchange economy, market economy, production factors, cost production, competition, price, net income.

Assessment

Written test examination– 70%; Verification during semester – 30%.

Recommended reading

Macroeconomics
Blanchard, Olivier, and David R. Johnson
Pearson, 2012
Macroeconomics
N. Gregory Mankiw
Palgrave Macmillan, 2015
Macroeconomics
Blanchard, Olivier
Prentice Hall, 2003
“ The Wealth of Nations” BOOK I, Chapter IV, page 66; P.F.
Adam Smith
Collier and son, New York, 1920 · 66
Foundations of Economic Analysis
P. A. Samuelson
Atheneum, New York, 1967