Course detail

Microeconomics 2

FIT-MI2Acad. year: 2017/2018

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. The aim of the subject is to teach students use the theory in practice and course will focus on consumer behavior, theory of the firm, production and costs, perfect competition, imperfect competition, game theory and factor market.

Supervisor

Ing. Jiří Luňáček, Ph.D., MBA

Department

Faculty of Business and Management (FP)

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.

Recommended optional programme components

Not applicable.

Recommended or required reading

  • FRANK,R.H. Mikroekonomie a chování, 1. vyd. Praha: Nakladatelství Svoboda, 1995. 765s. ISBN 25-042-95
  • SOUKUPOVÁ, J. - HOŘEJŠÍ, B. - MACÁKOVÁ, L. - SOUKUP, J. Mikroekonomie. Management Press, 2. vydání, Praha 1999, 548s., ISBN 80-7261-005-8

  • LUŇÁČEK, J., BENEŠ, J.,Mikroekonomie, 2006 CERM Brno, ISBN 80-214-3293-4

Planned learning activities and teaching methods

Not applicable.

Assesment methods and criteria linked to learning outcomes

Study evaluation is based on marks obtained for specified items. Minimimum number of marks to pass is 50.

Language of instruction

Czech

Work placements

Not applicable.

Course curriculum

    Syllabus of lectures:
    1. Introduction to the Microeconomics.
    2. Consumer Theory.
    3. Theory of the firm.
    4. Production and Costs.
    5. Perfect competition, Market Equilibrium.
    6. Imperfect competition Monopoly.
    7. Monopoly and Price Discrimination.
    8. Oligopoly.
    9. Monopolistic Competition.
    10. Alternative Theories of the Firm.
    11. The Market for Factors of Production - Perfect and Imperfect Competition.
    12. The Market for Factors of Production Supply and Demand.
    13. Investment, Time and Capital Markets.

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.

Classification of course in study plans

  • Programme IT-MGR-2 Master's

    branch MMI , any year of study, summer semester, 5 credits, elective

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

Ing. Jiří Luňáček, Ph.D., MBA

Syllabus


  1. Introduction to the Microeconomics.
  2. Consumer Theory.
  3. Theory of the firm.
  4. Production and Costs.
  5. Perfect competition, Market Equilibrium.
  6. Imperfect competition Monopoly.
  7. Monopoly and Price Discrimination.
  8. Oligopoly.
  9. Monopolistic Competition.
  10. Alternative Theories of the Firm.
  11. The Market for Factors of Production - Perfect and Imperfect Competition.
  12. The Market for Factors of Production Supply and Demand.
  13. Investment, Time and Capital Markets.

Fundamentals seminar

13 hours, optionally

Teacher / Lecturer

Ing. Jiří Luňáček, Ph.D., MBA