| Course title | Microeconomics |
|---|---|
| Course code | KAE/MIN |
| Organizational form of instruction | Lecture |
| Level of course | Bachelor |
| Year of study | not specified |
| Semester | Winter |
| Number of ECTS credits | 3 |
| Language of instruction | Czech |
| Status of course | Compulsory, Compulsory-optional |
| Form of instruction | Face-to-face |
| Work placements | This is not an internship |
| Recommended optional programme components | None |
| Lecturer(s) |
|---|
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| Course content |
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1. Capitalism and democracy: Affluence, inequality, and the environment 2. Social interactions and economic outcomes 3. Public policy for fairness and efficiency 4. Work, wellbeing, and scarcity 5. Institutions, power, and inequality 6. The firm: Employees, managers, and owners 7. Firms and markets for goods and services 8. The credit market: Borrowers, lenders, and the rate of interest 9. Market successes and failures 10. Governments and markets in a democratic society
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| Learning activities and teaching methods |
Monologic Lecture(Interpretation, Training), Dialogic Lecture (Discussion, Dialog, Brainstorming), Work with Text (with Book, Textbook), Methods of Written Work
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| Learning outcomes |
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The main objective of this course is to introduce students to the concepts of economics, society, and public policy, with a focus on basic microeconomic theory. The course primarily covers market mechanisms, types of markets, production factors, and the behavior of households and firms, as well as the concepts of demand and supply. Students will need to understand the concept of market equilibrium and its failures, particularly in relation to externalities and missing markets, along with their consequences. Additionally, the course examines the limitations of markets and governments as economic actors.
Students are well-versed in understanding the functioning of market mechanisms and the behavior of households and firms. Students can define the main failures of market mechanisms and process of the formation of market equilibrium and are able to analyze appropriate solutions. Students are well informed about key economic indicators, the issues surrounding economic growth, and the challenges of economic measurement. Additionally, students will be able to define the main principles of state intervention and deduce relevant conclusions and consequences. |
| Prerequisites |
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There are not any special conditions set. Secondary/grammar-school-level knowledge of social sciences will be useful.
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| Assessment methods and criteria |
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Written exam, Seminar Work
Final assessment by way of a written exam; a term paper on an assigned topic; active participation in lectures and seminars. |
| Recommended literature |
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| Study plans that include the course |
| Faculty | Study plan (Version) | Category of Branch/Specialization | Recommended semester | |
|---|---|---|---|---|
| Faculty: Faculty of Arts | Study plan (Version): Polish Philology Aimed at Translation and Business (2019) | Category: Philological sciences | 1 | Recommended year of study:1, Recommended semester: Winter |
| Faculty: Faculty of Arts | Study plan (Version): Korean Studies (2023) | Category: Philological sciences | 1 | Recommended year of study:1, Recommended semester: Winter |
| Faculty: Faculty of Arts | Study plan (Version): Korean Studies (2022) | Category: Philological sciences | 1 | Recommended year of study:1, Recommended semester: Winter |
| Faculty: Faculty of Arts | Study plan (Version): Ukrainian Philology Aimed at Translation and Business (2019) | Category: Philological sciences | 1 | Recommended year of study:1, Recommended semester: Winter |
| Faculty: Faculty of Arts | Study plan (Version): Russian and Economics, Law and Tourism (2015) | Category: Philological sciences | 1 | Recommended year of study:1, Recommended semester: Winter |
| Faculty: Faculty of Arts | Study plan (Version): Korean for Business (2015) | Category: Philological sciences | 1 | Recommended year of study:1, Recommended semester: Winter |
| Faculty: Faculty of Arts | Study plan (Version): Italian Language and Culture (2021) | Category: Philological sciences | 1 | Recommended year of study:1, Recommended semester: Winter |
| Faculty: Faculty of Arts | Study plan (Version): Korean for Business (2023) | Category: Philological sciences | 1 | Recommended year of study:1, Recommended semester: Winter |
| Faculty: Faculty of Arts | Study plan (Version): Russian Philology Aimed at Translation and Business (2019) | Category: Philological sciences | 1 | Recommended year of study:1, Recommended semester: Winter |
| Faculty: Faculty of Arts | Study plan (Version): Korean for Business (2019) | Category: Philological sciences | 1 | Recommended year of study:1, Recommended semester: Winter |
| Faculty: Faculty of Arts | Study plan (Version): Italian Language and Culture (2020) | Category: Philological sciences | 1 | Recommended year of study:1, Recommended semester: Winter |
| Faculty: Faculty of Arts | Study plan (Version): Italian Language and Culture (2021) | Category: Philological sciences | 1 | Recommended year of study:1, Recommended semester: Winter |