Lecturer(s)
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Dohnalová Zuzana, doc. Ing. Ph.D.
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Kloudová Jitka, doc. Ing. Ph.D.
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Course content
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- Theory of consumer choice. - Decision-Making under Risk. - Theory of production and costs. - Market strukture and perfect competition model - Market strukture and Inperfect competition model - Factor markets, supply and demand on factor markets, labour market. - Capital market, interest rate, investment decision making. - Market silure. The role of the state. - General equilibrium theory. - Microeconomic policy of the state.
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Learning activities and teaching methods
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Lecturing, Methods for working with texts (Textbook, book)
- Participation in classes
- 18 hours per semester
- Home preparation for classes
- 40 hours per semester
- Term paper
- 20 hours per semester
- Preparation for examination
- 40 hours per semester
- Preparation for course credit
- 30 hours per semester
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learning outcomes |
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Knowledge |
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to explain rational consumer behaviour using indifference analysis at an advanced level |
to explain rational consumer behaviour using indifference analysis at an advanced level |
to explain the firm's quantity and price maximisation decisions under different competitive conditions |
to explain the firm's quantity and price maximisation decisions under different competitive conditions |
describe the rational behaviour and decision-making of market actors in factor markets |
describe the rational behaviour and decision-making of market actors 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. |
describe the factors that distort market equilibrium and the efficient functioning of markets |
describe the factors that distort market equilibrium and the efficient functioning of markets |
Skills |
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assess the behaviour of economic agents that create supply or demand in markets |
assess the behaviour of economic agents that create supply or demand in markets |
evaluate the functioning of the market process and the influence of market structure |
evaluate the functioning of the market process and the influence of market structure |
evaluate optimal consumer choice using indifference analysis when income and goods prices change |
evaluate optimal consumer choice using indifference analysis when income and goods prices change |
calculate and evaluate the profit maximization point under different types of competition |
calculate and evaluate the profit maximization point under different types of competition |
apply the basic analytical tools of microeconomics to describe and analyze real-world problems while avoiding common analytical errors |
apply the basic analytical tools of microeconomics to describe and analyze real-world problems while avoiding common analytical errors |
assess the conflict between the efficient functioning of markets and economic justice in society |
assess the conflict between the efficient functioning of markets and economic justice in society |
teaching methods |
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Knowledge |
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Methods for working with texts (Textbook, book) |
Lecturing |
Lecturing |
Methods for working with texts (Textbook, book) |
assessment methods |
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Oral examination |
Grade (Using a grade system) |
Oral examination |
Written examination |
Written examination |
Grade (Using a grade system) |
Recommended literature
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FRANK, ROBERT H. Mikroekonomie a chování. Praha: Svoboda, 1995. ISBN 8020504389.
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HOLMAN, R. Mikroekonomie. Středně pokročilý kurz. Praha: C.H. Back, 2007. ISBN 978-80-7179-862-0.
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PINDYCK, S.R., RUBINFELD L.D. Microeconomics. Eight edition. Pearson, 2013. ISBN 978-0-13-304170.
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SOUKUPOVÁ, J., HOŘEJŠÍ, B., MACÁKOVÁ, I., SOUKUP, J. Mikroekonomie. Praha: Management Press, 2012. ISBN 978-80-7261-218-5.
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VARIAN, R. H. Intermediate Microeconomics a Modern Approach.. W. W. Norton & Company;, 2014. ISBN 0393920771.
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VARIAN, R. H. Mikroekonomie. Moderní přístup. Praha: Victoria Publishing, 1993. ISBN 80-85865-25-4.
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