Microeconomics

Relations:

It is not possible to register for the course 32BC-P-MIKR-02 if the student is concurrently registered for or has already completed the course U63C3201 (mutually exclusive courses).

During a review of study plans, the course U63C3201 can be substituted for the course 32BC-P-MIKR-02.

It is not possible to register for the course 32BC-P-MIKR-02 if the student is concurrently registered for or has already completed the course 32BE-P-MICR-02 (mutually exclusive courses).

It is not possible to register for the course 32BC-P-MIKR-02 and for the course 32BE-P-MICR-02 in the same semester.

It is not possible to register for the course 32BC-P-MIKR-02 if the student is concurrently registered for or has previously completed the course 32BE-P-MICR-02 (mutually exclusive courses).

Course guarantor:

Petr Makovský

Lecturer:

Petr Adámek, Jaroslav Krameš, Petr Makovský

Tutor:

Petr Adámek, Jaroslav Krameš, Petr Makovský

Supervisor:

Institute of Economic Studies

Synopsis:

The subject introduces students to the functioning of the market mechanism and the behavior of partial economic subjects. Market equilibrium is explained with respect to consumer behavior from the perspective of utility theory and producer behavior. The equilibrium of the enterprise with the impact on the market of production factors is explained on the example of cost functions.

Requirements:

The exam consists of a written part and an oral part. The condition for admission to the oral part of the exam is to write the exam test during the exam period.

Syllabus of lectures:

Economics as a social science

Production factors

Production possibilities frontier

Market and elements of market mechanism

Elasticity of demand and supply

Market equilibrium and equilibrium price

Total and marginal utility of economic goods

Consumer Equilibrium

Competition

Microeconomic analysis of company production

Costs, income and profit of the business

Producer Equilibrium

Formation of prices of production factors

Repetition

Syllabus of tutorials:

The subject does not have a set scope of exercises.

Study Objective:

The aim of the subject is to acquaint students with the functioning of the market mechanism and the behavior of consumers and producers from the point of view of categories of costs, income and profit in individual types of market competition.

Study materials:

Basic literature:

Hřebík, F. Obecná ekonomie. 3. upravené vydání. Plzeň: Vydavatelství a nakladatelství Aleš Čeněk, 2013. ISBN 978-80-7380-467-1

Brčák, J., Sekerka, B. Mikroekonomie. Plzeň: Vydavatelství a nakladatelství A. Čeněk, s.r.o. 2010. ISBN: 978-80-7380-245-5.

Recommended literature:

Mankiw, G. Zásady ekonomie. Praha: Grada 2009 ISBN: 80-7169-891-1.

Holman, R. Ekonomie 6. vydání. Praha: C. H. Beck 2016 ISBN 978-80-7400-278-6.

Note:

Time-table for winter semester 2024/2025:

	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
Tue
Wed	roomJP:B-771 09:00–10:30 (lecture parallel1) Jugoslávských partyzánů 3
Thu
Fri

Time-table for summer semester 2024/2025:

Time-table is not available yet

The course is a part of the following study plans:

• B-EM-P prezenční studium od 22/23 (compulsory course)