PEMIAI Microeconomics I

Faculty of Economics and Administration
Autumn 2008
Extent and Intensity
2/2/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
Dr. Mark Tomass, Ph.D. (lecturer)
Ing. Monika Jandová, Ph.D. (seminar tutor)
doc. Ing. Rostislav Staněk, Ph.D. (seminar tutor)
Dr. Mark Tomass, Ph.D. (seminar tutor)
Guaranteed by
prof. Ing. Antonín Slaný, CSc.
Department of Economics – Faculty of Economics and Administration
Contact Person: Lydie Pravdová
Timetable
Mon 12:50–14:30 VT314
  • Timetable of Seminar Groups:
PEMIAI/1: Mon 14:35–16:15 VT314, M. Tomass
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
The capacity limit for the course is 80 student(s).
Current registration and enrolment status: enrolled: 0/80, only registered: 0/80, only registered with preference (fields directly associated with the programme): 0/80
fields of study / plans the course is directly associated with
Course objectives
The initial part of the course Microeconomics I, serving as an introduction to studying economics at the same time, concentrates on defining the subject of economics and methods, characteristics and functions of economy. The course's central point lies in an analysis of market mechanism function, and behaviour of consumers and firms in the market environment. Explanation will be provided for conditions of creation of balance between a firm and the market in various market situations and the basic context of balancing the production factors markets.

Main objectives can be summarized as follows:

- to provide students with basic knowledge about the theory of microeconomics,
- to gain the foundations for forming sound economic thinking in students,
- to acquire the basics of marginal analysis,
- to be able to interpret motivation and behaviour rules of market subjects on the demand and supply sides.
Syllabus
  • 1 Basic relationships in the economy and scope of study in economics;
  • 2 Economy coordination mechanism and function of market mechanism;
  • 3 Conditions for market equilibrium and market failures;
  • 4 Consumer demand analysis;
  • 5 Costs of the firm and supply in the market of goods and services;
  • 6 Efficiency of perfectly competitive markets;
  • 7 Equilibrium monopoly producer and antitrust regulation;
  • 8 Equilibrium in oligopoly markets;
  • 9 Firm’s behaviour and equilibrium in monopolistic competitive markets;
  • 10 Market of production factors and the theory marginal productivity;
  • 11 Labour market and unemployment;
  • 12 Capital market and investment;
  • 13 Reserve.
Literature
  • MANKIW, N. Gregory. Principles of economics. 4th ed. Mason: Thomson Higher Education, 2007, 896 s. ISBN 9780324224726. info
  • Samuelson and Nordhaus. Principles of Economics. Available in the library.
Assessment methods
The course has a form of a lecture and a seminar.
Credit requirements: 3 credit tests, presentation of knowledge in seminars.
The course is concluded by a written exam.
Language of instruction
English
Further comments (probably available only in Czech)
Study Materials
The course is taught annually.
General note: Tento kurz je přednášen v angličtině a je ekvivalentní s kurzem Mikroekonomie I, který je přednášen v češtině. Studenti si zapisují jeden z těchto kurzů.
Information on course enrolment limitations: max. 30 cizích studentů; cvičení pouze pro studenty ESF
The course is also listed under the following terms Autumn 2001, Autumn 2002, Autumn 2003, Autumn 2004, Autumn 2005, Autumn 2006, Autumn 2007.
  • Enrolment Statistics (recent)
  • Permalink: https://is.muni.cz/course/econ/autumn2008/PEMIAI