Course detail

Microeconomics 2

FP-PmikPAcad. year: 2012/2013

Microeconomics seeks to understand the forces influencing the choices individuals make as they cope with the problem of scarcity. Much of the analysis here is based on the assumption that human behavior is predictable. In analyzing economic phenomena, many simplifications are made to isolate the basic constraints under which persons must make decisions. The role of prices in influencing economic decisions is studied extensively in microeconomics.

Language of instruction

Czech

Number of ECTS credits

5

Mode of study

Not applicable.

Guarantor

Ing. Jiří Luňáček, Ph.D., MBA

Department

Institute of Economics (ÚE)

Learning outcomes of the course unit

Student will know on advanced level systematic interpretation micro - economic tools, by the help of them it is possible analyze concrete cases market behaviors individuals and firms. In terms of subject I'll students also familiarized with using tools micro - economics analyses to evaluation effects economic policy (especially then in her structural or micro - economics parts ) on act individuals and firms.

Prerequisites

Expect of knowledge from economics range baccalaureate studies.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Teaching methods depend on the type of course unit as specified in the article 7 of BUT Rules for Studies and Examinations.

Assesment methods and criteria linked to learning outcomes

Credit test is necessary to make minimally 50%. Test will contain numerical problems and theoretical examples from exercising and lessons.
For final exam students must reach minimally 50% from credit test.
Form of exam is written. Student can ask for mount exam (health reasons). Exam will contain 100 points (5 instances, resp. theoretic questions)

Scale for resulting classification:
A: 90 - 100 p.
B: 80 - 89 p.
C: 70 - 79 p.
D: 60 - 69 p.
E: 50 - 59 p.
F: less than 50 p.

Course curriculum

Seminars:
BASIC TOOLS
CONSUMER BEHAVIOR
THEORY OF THE FIRM
PRODUCTION, COSTS
PERFECT COMPETITION
MONOPOLY
OLIGOPOLY
MONOPOLISTIC COMPETITION
GAME THEORY
FACTOR MARKET

Excercises:
BASIC TOOLS
CONSUMER BEHAVIOR
THEORY OF THE FIRM
PRODUCTION, COSTS
PERFECT COMPETITION
MONOPOLY
OLIGOPOLY
MONOPOLISTIC COMPETITION
GAME THEORY
FACTOR MARKET

Work placements

Not applicable.

Aims

Economic theories make assumptions about the way people behave. The implications of these assumptions for human actions are then traced, using logic.

Specification of controlled education, way of implementation and compensation for absences

Participation in exercisings continuously take control of.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

LUŇÁČEK, J., BENEŠ, J.,Mikroekonomie, 2006 CERM Brno, ISBN 80-214-3293-4 (CS)
FRANK,R.H. Mikroekonomie a chování, 1. vyd. Praha: Nakladatelství Svoboda, 1995. 765s. ISBN 25-042-95 (CS)
BAYE, M. Managerial Economics and Business Strategy. New York: McGraw - Hill, 2006. 620 s. (EN)
KEŘKOVSKÝ, M. Ekonomie pro strategické řízení, vyd. Praha: C. H. Beck, 2004, 184s. ISBN: 80-7179-885-1 (CS)
SOUKUPOVÁ, J. - HOŘEJŠÍ, B. - MACÁKOVÁ, L. - SOUKUP, J. Mikroekonomie. Management Press, 2. vydání, Praha 1999, 548s., ISBN 80-7261-005-8 (CS)

Recommended reading

SCHILLER, Bradley R. Mikroekonomie dnes. Brno : Computer Press, 2004. 404 s. ISBN 80-251-0109-6. (CS)
GWARTNEY, James D. aj. Economics: Private and Public Choice. South-Western/Cengage Learning, 2005. ISBN 9780324205640. (EN)
JEHLE, G. A. RENY, P. J. Advanced microeconomic theory. 2. vyd. Boston: Addison Wesley, 2001. 543 s. The Addison-Wesley series in economics. ISBN 0-321-20453-0. (EN)
MANSFIELD, E. Managerial economics. 1. vyd. New York: W. W. Norton & Comp., 1990. ISBN 0-393-95728-4. (EN)
VARIAN, H. R. Intermediate microeconomics : a modern approach. 8. vyd. New York: W.W. Norton & Co., 2010. 739 s. ISBN 978-0-393-93424-3. (CS)
KOUTSOYIANNIS, A. Modern Microeconomics. 2. vyd. Basingstoke: Macmillan Press, 1979. 11 s. ISBN 0-333-25349-3. (EN)
HYMAN, D. N. Modern Microeconomics : Analysis and Applications. 2. vyd. Homewood: Irwin, 1989. ISBN 0-256-07485-2. (EN)

Classification of course in study plans

  • Programme MGR Master's

    branch MGR-PFO , 1. year of study, winter semester, compulsory

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

Ing. Jiří Luňáček, Ph.D., MBA

Syllabus

BASIC TOOLS
CONSUMER BEHAVIOR
THEORY OF THE FIRM
PRODUCTION, COSTS
PERFECT COMPETITION
MONOPOLY
OLIGOPOLY
MONOPOLISTIC COMPETITION
GAME THEORY
FACTOR MARKET

Exercise

13 hours, compulsory

Teacher / Lecturer

Ing. Libor Chládek, BA

Syllabus

Basic tools
Consumer behavior
Production of the firm
Perfect and unperfect competition