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Lecturer(s)
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Alina Jiří, Ing. Ph.D.
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Volek Tomáš, doc. Ing. Ph.D.
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Course content
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Lectures and seminars topics: Market, market functions Demand, Supply Theory of Consumer Behaviour and Market Demand Theory of Production in the Short-Run and the Long-Run Costs Perfect Competition Imperfect Market Structures and the Price Discrimination Alternative Theories of Firm Behaviour Factor Pricing under Perfect Competition Factor Pricing under Imperfect Competition Externalities, Public goods Welfare Economics, Efficiency and Justice
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Learning activities and teaching methods
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Monologic (reading, lecture, briefing)
- Preparation for exam
- 42 hours per semester
- Preparation for classes
- 56 hours per semester
- Class attendance
- 42 hours per semester
- Preparation for credit
- 28 hours per semester
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Learning outcomes
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The objective of the course is to provide a complex theoretical basis for applied economics disciplines and to deepen and expand students´ knowledge acquired in macroeconomics and microeconomics. The first part of the course is aimed at the field of microeconomics. The second part is focused on deepening knowledge of basic macroeconomics.
Students understand the basic principles of microeconomics theory. Students know economic principles explaining the consumer behavior, company activities and theoretic basis, which will be used in other courses.
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Prerequisites
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There is no prerequisite for the course of Microeconomics (MAE).
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Assessment methods and criteria
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Combined exam
Credit Requirements: Elaboration of the seminar paper work on the given topic. Written test mainly for economics mathematical problems (to gain a minimum of 60% of the total number of points). Examination Requirements: Written test and oral part of the exam. The final grade is based on the results of the credit tests and the discussion. The test contains mainly theoretical questions, two graphs and a short economics mathematical problem.
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Recommended literature
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KRUGMAN, Paul R. a Robin WELLS. Microeconomics. 3rd ed.. Microeconomics. 3rd ed. New York: Worth Publishers, 2013. ISBN 9781429283427.
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MANKIW, N. Principles of economics. 6th ed. Mason. OH: South-Western Cengage Learning, 2008. ISBN 05-384-5305-2.
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NORDHAUS, William D a Paul A SAMUELSON. Microeconomics: a version of economics. 13. ed. New York: McGraw-Hill, 1989. ISBN 0070548781.
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Snyder, CH., Nicholson, W. Microeconomic Theory. Cengage Learning, 2011. ISBN 978-1-111-52551-4.
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