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CZECH TECHNICAL UNIVERSITY IN PRAGUE
STUDY PLANS
2024/2025

Fundamentals of Economics

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Code Completion Credits Range Language
BI-FEM.21 Z,ZK 5 2P+2C Czech
Garant předmětu:
Tomáš Evan
Lecturer:
Tomáš Evan
Tutor:
Tomáš Evan
Supervisor:
Department of Software Engineering
Synopsis:

The course allows the students to discover basics of economic theory, which will then be used in subsequent courses of economics and management. It contains a general overview of fundamental microeconomic and macroeconomic topics.

Requirements:

No prerequisites imposed.

Syllabus of lectures:

1. Principles of economics

2. Specialization, trade and markets

3. Supply, supply and equilibrium price

4. Supply, supply and its elasticity, government intervention

5. Efficiency of markets and the cost of taxation

6. Market „failures“ and government failures

7. Market structure: perfect and monopolistic competition

8. Market structure: oligopoly and monopoly

9. Productivity, economic growth and GDP

10. Inflation and the cost of living measure

11. Inflation and unemployment, the Philips curve

12. Principles of monetary policy.

13. Six debates on macroeconomic policy

Syllabus of tutorials:

During the exercise sessions, topics from lectures are being applied.

Study Objective:

The course enables students to gain the necessary overview of general economic principles, master the necessary terminology, and learn to structure thinking about economic problems.

Study materials:

1. Mankiw G.N.: Principles of Economics (9th Edition);Cengage Learning; 2020;978-0-357-13380-4

2. Mankiw G.N.: Zásady ekonomie;Grada Publishing;1999; 978-80-7169-891-3

Note:
Further information:
moodle
Time-table for winter semester 2024/2025:
Time-table is not available yet
Time-table for summer semester 2024/2025:
Time-table is not available yet
The course is a part of the following study plans:
Data valid to 2024-05-24
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