Theory of Microeconomics

Course guarantor:

Lecturer:

Tutor:

Supervisor:

Department of Management and Economics

Synopsis:

The mission of the subject Microeconomic Theory is to deepen the knowledge concerning behaviour of economic subjects and their interactions on the market. Under economic sub-jects consumers and producers are to be understood. Understanding microeconomics is the presumption for comprehension of wider coherence among economic problems on the micro-economic level. For interpretation of most of the chapters mathematical approach common on technical universities is used together with statistical methods and methods of operations re-search.

Requirements:

Teaching takes place through regular consultations. Requirements are specified for the test course syllabus

Syllabus of lectures:

Overview of the history of economic theories. Consumer theory: utility theory, indifference curves and maps, optimization of consumer?s situation, relation of the indifference curve and the consumption function, price elasticity of demand. Producer theory: analysis of costs, revenue and profit, profit maximization, theory of production factors, production function, Theory of market equilibrium: market structures and their analysis - free competition, mo-nopoly, oligopoly; optimization of producer situation. Elasticity of functions - demand, sup-ply, cost and production functions, optimization in time and general equilibrium.

Syllabus of tutorials:

Consultations

Study Objective:

Study materials:

1.Samuelson, P. A. - Nordhaus, W. A: Economics, 14. vydání. McGraw-Hill, Inc., New York 1992

2.Macík, K.: Mikroekonomie, ČVUT 2003, Praha

3.Henderson, J. M. - Quandt, R. E.: Microeconomic Theory - A Mathematical Approach, McGraw Hill Book Copany, New York 1971

4.Frank, R. H. - Bernake, B. S.: Ekonomie, GRADA Publishing, edice profesionál, Praha 2003

Note:

Further information:

No time-table has been prepared for this course

The course is a part of the following study plans: