Course: Microeconomics

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Course title Microeconomics
Course code KAE/MIE
Organizational form of instruction Lecture + Lesson
Level of course Bachelor
Year of study not specified
Semester Winter and summer
Number of ECTS credits 5
Language of instruction Czech
Status of course unspecified
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
Course content
This course develops the neoclassical theory of optimizing behavior of consumers and firms. Economic way of thinking. Theory of consumer behavior. Theory of the firm and market structures. Factor markets. Market failure and the role of government in the economy .

Learning activities and teaching methods
Lecture
Learning outcomes
The aim of this course is to give students the conceptual basis and the necessary tools for understanding modern microeconomics at the intermediate level. This course develops the neoclassical theory of optimising behaviour of consumers and firms. The discussion of consumer theory is followed by a careful examination of price and output determination under alternative market structures. The implications of alternative goals of firms are also examined. After the theory of supply and demand in the output market, the focus turns to an examination of resource markets.
Acquirement of basic knowledge necessary for understanding for modern microeconomics.
Prerequisites
There are not any special condicions set.

Assessment methods and criteria
Oral exam

The courses is ended with a colloquium.
Recommended literature
  • CASE, K. E. - FAIR, R. C. Principles of Microeconomics. New York, 1992.
  • Frank, R. H. (1995). Mikroekonomie a chování. Nakladatelství Svoboda Praha.
  • KOUTSOYANNIS, A. Modern Microeconomics. Macmillan, 2003.
  • SAMUELSON, P. A. - NORDHAUS, W. D. Economics. New York. McGraw-Hill, 2005.
  • VARIAN, H. Intermediate Microeconomics: A Modern Approach, 5th Ed. W.W. Norton, 1999.


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