Macro and Microeconomics

The course cannot be taken simultaneously with:

Macro and Microeconomics (A7B16MME)
Macro and Microeconomics (Y16MME)

Lecturer:

Helena Fialová (gar.), Alena Ambrožová, Michaela Valentová, Vladimír Vávra, Miroslav Vítek

Tutor:

Josef Černohous, Helena Fialová (gar.), Alena Ambrožová, Július Bemš, Radek Hronza, Michaela Indráková, Radko Kříž, Tomáš Ručka, Daniela Spiesová, Michaela Valentová, Vladimír Vávra, Miroslav Vítek

Supervisor:

Department of Economics, Management and Humanities

Synopsis:

Basic economic terms, market, law of demand, law of supply, market equilibrium, price regulation, price and income elasticities, consumer behavior, producer behavior, cost, revenue, profit, market failure, monopoly, government macroeconomic policy, gross domestic product, multipliers, money, inflation, banking system, monetary policy, labor market, business cycle, fiscal policy, foreign trade policy, comparative advantage, CR and EU, euro.

Requirements:

https://ekonom.feld.cvut.cz/web/index.php?option=com_content&task=section&id=7&Itemid=236

Syllabus of lectures:

1.Economics. Basic terms.

2.Market. Demand and supply.

3.Consumer behavior.

4.Producer behavior. Cost and revenue.

5.Producer behavior. Profit maximization.

6.Market failure. Monopoly, oligopoly, monopolistic competititon.

7.Principles of macroeconomics. Government economic policy. Theoretical concepts.

8.Gross domestic product - definition and computation.

9.Expenditures on gross domestic product.

10.Money. Inflation. Banking system. Monetary policy.

11.Labor market. Unemployment.

12.Business cycle.

13.Fiscal policy. Government budget. Public debt.

14.Foreign trade policy. CR and European Union. Euro.

Syllabus of tutorials:

1.Importance of economics, Fundamental concepts.

2.Statistical calculations.

3.Demand, supply, market.

4.Elasticity.

5.Consumer.

6.Producer behavior - production.

7. Producer behavior - costs.

8. Producer behavior - revenue and profit in perfect competition

- revenue and profit in monopoly.

9.International trade - absolute and comparative advantages.

10.Main macroeconomic indicators - GDP generating.

11.Main macroeconomic indicators - GDP spending.

12.Main macroeconomic indicators - inflation rate.

13.Main macroeconomic indicators - diamond.

14.Fiscal policy, government budget.

Study Objective:

Study materials:

1.Fialova H., Jandera J., ECONOMICS (handouts)

2. Frank R.H., Bernanke B.S:, PRINCIPLES OF ECONOMICS, McGraw-Hill, 3.Ed. 2005

3. Fialová H., Fiala J., MALÝ EKONOMICKÝ SLOVNÍK s výkladem v češtině a v angličtině, A plus, Praha 2006

Note:

Time-table for winter semester 2011/2012:

	06:00–08:0008:00–10:0010:00–12:0012:00–14:0014:00–16:0016:00–18:0018:00–20:0020:00–22:0022:00–24:00
Mon	roomT2:D2-256 Fialová H. 12:45–14:15 (lecture parallel1) Dejvice Posluchárna
Tue	roomT2:A4-203a Vávra V. 07:30–09:00 (lecture parallel1 parallel nr.101) Dejvice UčebnaroomT2:A4-202b Ambrožová A. 09:15–10:45 (lecture parallel1 parallel nr.103) Dejvice UčebnaroomT2:A4-203a Valentová M. 12:45–14:15 (lecture parallel1 parallel nr.109) Dejvice UčebnaroomT2:A4-203a Černohous J. 14:30–16:00 (lecture parallel1 parallel nr.107) Dejvice UčebnaroomT2:A4-203a Černohous J. 16:15–17:45 (lecture parallel1 parallel nr.105) Dejvice Učebna roomT2:A4-202b Ambrožová A. 07:30–09:00 (lecture parallel1 parallel nr.102) Dejvice UčebnaroomT2:A4-203a Vávra V. 09:15–10:45 (lecture parallel1 parallel nr.104) Dejvice UčebnaroomT2:A4-202b Hronza R. 12:45–14:15 (lecture parallel1 parallel nr.110) Dejvice UčebnaroomT2:A4-202b Hronza R. 14:30–16:00 (lecture parallel1 parallel nr.108) Dejvice UčebnaroomT2:A4-202b Valentová M. 16:15–17:45 (lecture parallel1 parallel nr.106) Dejvice Učebna
Fri	roomJ5:347b Spiesová D. 14:30–16:00 (lecture parallel1 parallel nr.111) Dejvice CvicebnaroomJ5:347b Indráková M. 16:15–17:45 (lecture parallel1 parallel nr.113) Dejvice CvicebnaroomJ5:347b Indráková M. 18:00–19:30 (lecture parallel1 parallel nr.112) Dejvice Cvicebna
Thu	roomT2:E1-103a Hronza R. 14:30–16:00 (lecture parallel1 parallel nr.114) Dejvice haly CvičebnaroomT2:E1-103a Ambrožová A. 16:15–17:45 (lecture parallel1 parallel nr.116) Dejvice haly CvičebnaroomT2:C4-364 Ambrožová A. 18:00–19:30 (lecture parallel1 parallel nr.115) Dejvice Cvicebna room 18:00–19:30 (lecture parallel1 parallel nr.117)
Fri

Time-table for summer semester 2011/2012:

	06:00–08:0008:00–10:0010:00–12:0012:00–14:0014:00–16:0016:00–18:0018:00–20:0020:00–22:0022:00–24:00
Mon	roomZ2:B1-346 Fialová H. 12:45–14:15 (lecture parallel1) Zikova ulice Ucebna K316
Tue	roomZ2:B1-356 Ambrožová A. 09:15–10:45 (lecture parallel1 parallel nr.101) Zikova ulice Konzultační místnost
Fri
Thu
Fri

The course is a part of the following study plans:

• Elektrotechnika, energetika a management - Aplikovaná elektrotechnika (compulsory course in the program)
• Elektrotechnika, energetika a management - Elektrotechnika a management (compulsory course in the program)
• Elektrotechnika, energetika a management - před rozřazením do oborů (compulsory course in the program)