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FP-mik1PDAcad. year: 2026/2027
This course is designed to acquaint student with the basic tools of microeconomics. Economics is the study of how society allocates its scarce resources, and microeconomics is the study of the behaviour of households and firms, whose collective decisions determine how resources are allocated in a free market economy.
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Rules for evaluation and completion of the course
Students will receive credit for the Microeconomics 1 exercise by achieving a minimum of 20 points out of a possible 40 in the ongoing written assignment. Students are entitled to have their continuous written work corrected. Detailed information about the time and place of the continuous written work will be provided in e-Learning, in the course news, or by the instructor. The requirements for the exam are knowledge of the material covered and a passing grade.
The exam is written. Students can earn a maximum of 60 points on the exam; to successfully complete the course, students must earn at least 30 points.
A maximum of 100 points can be obtained from the subject. The final classification of the student (on condition that the minimum number of points from the course and exam is achieved) is determined on the basis of the percentage of points obtained from the total possible number of points as follows:
A: 90–100%B: 80–89%C: 70–79%D: 60–69%E: 50–59%F: less than 50%
Grading is based on the ECTS scale.
Attendance at seminars and lectures is optional.
It is not possible to repeat in a course after successfully completing it.
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