Course: Microeconomics I

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Course title Microeconomics I
Course code MUE/1MI1E
Organizational form of instruction Lecture + Seminar
Level of course Bachelor
Year of study not specified
Semester Winter
Number of ECTS credits 6
Language of instruction Czech
Status of course Compulsory
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Damborský Milan, Ing. Ph.D.
Course content
Topics: - Introduction to economic studies. Basic problems of economics organization. Basic methodical habits. - The market and the market mechanism. - Consumer behaviour and demand shaping. - Supply on the products and services market. - The firm under conditions of perfect competition and supply formation. Equilibrium in a perfectly competitive market. - Imperfect competition. - Market of primary production factors and the formation of their prices. - Labour market and wages. - Capital market. Distribution of pension. - Market failure. Impact of state on microeconomic entities.

Learning activities and teaching methods
Lecturing, Methods for working with texts (Textbook, book)
  • Participation in classes - 52 hours per semester
  • Home preparation for classes - 36 hours per semester
  • Term paper - 18 hours per semester
  • Preparation for examination - 40 hours per semester
  • Preparation for course credit - 30 hours per semester
learning outcomes
Knowledge
To explain a basic overview of the economic system, the functions of the market economy in conditions of perfect and imperfect competition and the decision-making of economic entities.
To explain a basic overview of the economic system, the functions of the market economy in conditions of perfect and imperfect competition and the decision-making of economic entities.
To describe the formation and laws of market demand in various markets of goods and services.
To describe the formation and laws of market demand in various markets of goods and services.
To explain consumer decision-making using indifference analysis.
To explain consumer decision-making using indifference analysis.
To explain the company's decisions about quantity and price in the conditions of different types of competition.
To explain the company's decisions about quantity and price in the conditions of different types of competition.
To describe the behavior of market entities appearing on the markets of production factors.
To describe the behavior of market entities appearing on the markets of production factors.
To explain the relations and general efficiency of markets using the principles of general balance.
To explain the relations and general efficiency of markets using the principles of general balance.
To determine the condictions of general market balance.
To determine the condictions of general market balance.
Skills
To evaluate the behavior of economic entities respnsible for market supply and demand.
To evaluate the behavior of economic entities respnsible for market supply and demand.
To evaluate the functions of the market process and the influence of the market structure.
To evaluate the functions of the market process and the influence of the market structure.
To determine the elasticity of demand and supply.
To determine the elasticity of demand and supply.
To decribe and determine the consumer optimum by using indifferent analysis.
To decribe and determine the consumer optimum by using indifferent analysis.
To determine the point of maximization of profit in conditions of different types of competition.
To determine the point of maximization of profit in conditions of different types of competition.
To use basic analytical microeconomic instruments to describe and analyse real issues.
To use basic analytical microeconomic instruments to describe and analyse real issues.
To evaluate results of changes in demand, costs, market structures and economic policy.
To evaluate results of changes in demand, costs, market structures and economic policy.
teaching methods
Knowledge
Methods for working with texts (Textbook, book)
Lecturing
Lecturing
Methods for working with texts (Textbook, book)
assessment methods
Oral examination
Grade (Using a grade system)
Grade (Using a grade system)
Written examination
Written examination
Oral examination
Recommended literature
  • BERNANKE, B., FRANK, R. H. Ekonomie. Praha, 2003. ISBN 8024704714.
  • BESANKO, D., BRAEUTIGAM, R. R., ROCKETT, K. Microeconomics: international student version. 5th ed. Hoboken: Wiley. 2015. ISBN 978-1-118-71638-0.
  • DOHNALOVÁ, Z., DOBEŠ, K. Mikroeknomie pro bakalářské studium: cvičebnice. Zlín: Univerzita Tomáše Bati ve Zlíně, 2010. ISBN 978-80-7318-977-8.
  • DOHNALOVÁ, Z. Mikroekonomie I: studijní pomůcka pro distanční studium. Zlín: Univerzita Tomáše Bati ve Zlíně, 2011. ISBN 978-80-7318-986-0.
  • DOHNALOVÁ, Z. Mikroekonomie. Zlín: Univerzita Tomáše Bati ve Zlíně, 2014. ISBN 978-80-8154-033-2.
  • HOLMAN, R. Ekonomie. 6. vydání. V Praze: C.H. Beck, 2016. ISBN 978-80-7400-278-6.
  • HOŘEJŠÍ, B., SOUKUPOVÁ, J., MACÁKOVÁ, L., SOUKUP, J. Mikroekonomie. 6. aktualizované a doplněné vydání. Praha: Management Press, 2018. ISBN 978-80-7261-538-4.
  • KRUGMAN, P. R., WELLS, R. Microeconomics. 3rd ed.. New York, NY: Worth Publishers, 2013. ISBN 978-1-4292-8342-7.
  • MACÁKOVÁ, L. Mikroekonomie: základní kurz. Slaný: Melandrium, 2010. ISBN 978-80-86175-70-6.
  • MANKIW, N. G. Zásady ekonomie. Praha: Grada, 2000. ISBN 978-80-7169-891-1.
  • PINDYCK, R. S., RUBINFELD, D. L. Microeconomics. Eighth edition. Boston: Pearson, 2015. ISBN 978-1-292-08197-7.
  • SAMUELSON, P. A., NORDHAUS, W. D. Mikroekonomie dnes. Brno: Computer Press, 2004. ISBN 80-251-0109-6.
  • SCHILLER, B. R. Essentials of economics. 6th ed.. Boston: McGraw-Hill/Irwin, 2007. ISBN 0-07-340279-6.
  • SCHILLER, B. R. Mikroekonomie dnes. Brno: Computer Press, 2004. ISBN 80-251-0109-6.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester