Course detail
Microeconomics 1
FP-mik1PAcad. year: 2014/2015
The course deals with microeconomic relations and connections, terms and theoretical foundations necessary for microeconomic analysis of the problems, allowing a complete picture leading to rational behavior of micro-entity in the market environment. The content of the course is focused on the issue of the behavior of consumers and company in the environment of perfect and imperfect competition. The course also deals with the issue of production factors and production functions. The content of the course is also represents the area of state intervention in microeconomic terms.
Language of instruction
Number of ECTS credits
Mode of study
Department
Learning outcomes of the course unit
Prerequisites
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
1/ Test: Student has to get at least 18 from 30 pts.
2/ Team project: Student has to get at least 5 from 10 pts.
3/ Attendance in seminars have to be at least 75%.
A final written exam consists 14 – 17 questions. Student has to obtain at least 33 pts from 60 pts. The final classification is based on the number of points (a student can obtain max. 40 pts from seminars, 60 pts from written exam, total 100 pts).
The classification scale is as follows:
A: 90 - 100 pts
B: 80 - 89 pts
C: 70 - 79 pts
D: 60 - 69 pts
E: 50 - 59 pts
F: less than 50 pts
Course curriculum
• The basics of supply and demand
• Consumer behaviour
• Individual and market demand
• Production
• The cost of production
• Profit maximization and competitive supply
• The analysis of competitive markets
• Imperfect competition: monopoly and monopsony
• Pricing with market power
• Monopolistic competition and oligopoly
• Markets for factor inputs
• Impact of governments decision
• Externalities and public goods
Work placements
Aims
Specification of controlled education, way of implementation and compensation for absences
Absence in seminars could be recompense with a special assignment or with a special exam test.
Recommended optional programme components
Prerequisites and corequisites
Basic literature
ŠKAPA, Stanislav. Mikroekonomie I. Vyd. 3., přeprac. Brno: Akademické nakladatelství CERM, 2016, 136 s. Učební texty vysokých škol. ISBN 978-80-214-5391-3. (CS)
Recommended reading
MANKIW, Gregory N. Zásady ekonomie. Praha: Grada, 2000. ISBN 978-80-7169-891-1. (CS)
Classification of course in study plans
Type of course unit
Lecture
Teacher / Lecturer
Syllabus
• Podstata ekonomické vědy a vývoj mikroekonomie
• Tržní systém a racionální chování člověka
• Formování poptávky (teorie mezního užitku a teorie indiference)
• Firma a náklady firmy
• Formování nabídky
• Dokonalá konkurence a tržní rovnováha
• Nedokonalá konkurence a monopol
• Oligopol a monopolistická konkurence
• Trhy výrobních faktorů, trh práce
• Trh kapitálu a trh půdy
• Mikroekonomická politika
• Zásahy státu do cen
• Externality a veřejné statky
Exercise
Teacher / Lecturer
Syllabus
• Informace o organizaci cvičení, požadavky k zápočtu. Úvod do mikroekonomie. Trh, typy trhů, tržní subjekty a tržní mechanismus.
• Vzácnost ekonomických zdrojů a problém jejich alokace. Použití grafů v mikroekonomii.
• Chování spotřebitele – užitečnost a poptávka
• Chování výrobce - náklady a nabídka
• Tržní rovnováha a efektivnost
• Nedokonalé trhy
• Konkurence a regulace
• Trhy výrobních faktorů, trhy práce a trh kapitálu
• Zásahy státu do cen
• Externality a veřejné statky
• Udělení zápočtů