Lecturer(s)
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Dobeš Kamil, Ing. Ph.D.
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Taraba Pavel, Ing. Ph.D.
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Course content
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Topics: - Introduction to economic studies. Basic problems of economic organization. Basic methodical habits. - The market and the market mechanism. - Consumer behavior and demand shaping. - Supply on the products and services market. - Firm in conditions of perfect competition and supply formation. Balance perfectly competitive market. - Imperfect competition. Monopoly. - Oligopoly. Monopolistic competition. Alternative goals of the company. - The 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.
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Learning activities and teaching methods
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Lecturing, Methods for working with texts (Textbook, book)
- 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
- Participation in classes
- 42 hours per semester
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learning outcomes |
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Knowledge |
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explain the basic overview of the economic system, the functioning of the market economy under conditions of perfect and imperfect competition and the decision-making of economic entities. |
explain the basic overview of the economic system, the functioning of the market economy under conditions of perfect and imperfect competition and the decision-making of economic entities. |
describe the formation and laws of market demand in various markets for goods and services. |
describe the formation and laws of market demand in various markets for goods and services. |
explain consumer decision-making using indifference analysis. |
explain consumer decision-making using indifference analysis. |
describe the formation and laws of market supply in the markets of goods and services. |
describe the formation and laws of market supply in the markets of goods and services. |
explain the firm's quantity and price decisions under different types of competition. |
explain the firm's quantity and price decisions under different types of competition. |
describe the behavior of market entities acting in factor markets. |
describe the behavior of market entities acting in factor markets. |
explain the interconnectedness and efficiency of individual markets using general equilibrium principles. |
explain the interconnectedness and efficiency of individual markets using general equilibrium principles. |
explain the conditions that establish equilibrium in all markets simultaneously. |
explain the conditions that establish equilibrium in all markets simultaneously. |
Skills |
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assess the behavior of economic entities that create supply or demand in markets. |
assess the behavior of economic entities that create supply or demand in markets. |
evaluate the functioning of the market process and the influence of the market structure. |
evaluate the functioning of the market process and the influence of the market structure. |
assess and estimate the elasticity of demand. |
assess and estimate the elasticity of demand. |
represent and assess the consumer optimum using indifference analysis. |
represent and assess the consumer optimum using indifference analysis. |
illustrate and evaluate the profit maximization point under different types of competition. |
illustrate and evaluate the profit maximization point under different types of competition. |
use the basic analytical tools of microeconomics to describe and analyze real-world problems while avoiding common analytical errors. |
use the basic analytical tools of microeconomics to describe and analyze real-world problems while avoiding common analytical errors. |
assess the implications of changes in demand, costs, market structure and basic changes in government economic policy. |
assess the implications of changes in demand, costs, market structure and basic changes in government economic policy. |
teaching methods |
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Knowledge |
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Methods for working with texts (Textbook, book) |
Methods for working with texts (Textbook, book) |
Lecturing |
Lecturing |
assessment methods |
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Grade (Using a grade system) |
Grade (Using a grade system) |
Written examination |
Written examination |
Oral examination |
Oral examination |
Recommended literature
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Besanko, D., Brauetigam, R. R., Rockett, K. Microeconomics: international student version. 2015.
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Dohnalová, Z., Dobeš, K. Mikroekonomie pro bakalářské studium - cvičebnice. Zlín, 2009.
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Dohnalová, Z. Mikroekonomie pro bakalářské studium. Zlín, 2009.
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Holman, Robert. Ekonomie. 1. vyd. Praha : C. H. Beck, 1999. ISBN 8071792551.
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Jurečka, V. Mikroekonomie. 2013. ISBN 978-80-247-4385-1.
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Macáková, Libuše. Mikroekonomie : základní kurs. Vyd. 7. Slaný : Melandrium, 2002. ISBN 8086175200.
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Mankiw, N.G. Zásady ekonomie. Praha : Grada, 2000. ISBN 80-7169-891-1.
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Rubinfeld, Daniel L. Microeconomics. 6th ed. Upper Saddle River, N.J : Pearson Prentice Hall, 2005. ISBN 131912070.
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SAMUELSON, P.A., NORDHAUS, W.D. Ekonomie. Praha : Svoboda, 1995. ISBN 80-205-0494-x.
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Schiller, Bradley R. Essentials of economics. 6th ed. Boston : McGraw-Hill/Irwin, 2007. ISBN 0-07-340279-6.
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