ESF:MPE_MIE2 Microeconomics 2 - Course Information

MPE_MIE2 Microeconomics 2

Extent and Intensity

2/0/0. 4 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Petr Musil, Ph.D. (lecturer)
doc. Ing. Veronika Hedija, Ph.D. (assistant)
doc. Ing. Ondřej Krčál, Ph.D. (assistant)
prof. Ing. Zdeněk Tomeš, Ph.D. (assistant)

Guaranteed by

Ing. Michal Kvasnička, Ph.D.
Department of Economics – Faculty of Economics and Administration
Contact Person: Lydie Pravdová

Timetable

Tue 9:20–11:00 P101

Prerequisites (in Czech)

(! PEMIK2 Microeconomics II )&&(! KEMIK2 Microeconomics II )

Course Enrolment Limitations

The course is also offered to the students of the fields other than those the course is directly associated with.

fields of study / plans the course is directly associated with

• Economics (programme ESF, M-EKT)
• Economics (programme ESF, N-EKT)
• Economic Policy and International Relations (programme ESF, N-HPS)
• Economic Policy (programme ESF, M-HPS)
• Economic Policy (programme ESF, N-HPS)
• Mathematical and Statistical Methods in Economics (programme ESF, N-KME)
• Mathematics - Economics (programme PřF, N-AM)
• Regional Development and Administration (programme ESF, M-HPS)
• Regional Development and Administration (programme ESF, N-HPS)
• Public Economics (programme ESF, N-HPS)

Course objectives

At the end of the course (MPE_MIE2) students acquire detailed knowledge of microeconomic theory. The course MPE_MIE2 is the advanced microeconomic course. Students should be able to explain consumer´s behaviour, firm´s behaviour on the final production and input markets, contex of general equilibirium and market failures, using analytical and mathematical methods. The intermediate course of microeconomics provides studnets with condition to further microeconomic studies, i.e. on the doctoral level.

Syllabus

• 1/Theory of consumer's behaviour, consumer's equilibrium
• 2/Analysis of consumer's demand
• 3/Production analysis of the firm
• 4/Analysis of costs and revenues
• 5/Perfect competition and its effectiveness
• 6/Monopoly and its regulation
• 7/Oligopoly and the equilibrium of oligopolic markets
• 8/Monopolistic competition firm's equilibrium
• 9/Production factors market and its specifiques. Labour market in perfect competition
• 10/Imperfect competition labour market. Creation of labour supply
• 11/Capital market
• 12/General equilibrium
• 13/Market failures analysis

Literature

required literature
• HOŘEJŠÍ, Bronislava. Mikroekonomie. 4. rozš. vyd. Praha: Management Press, 2006, 573 s. ISBN 807261150X. info

recommended literature
• VARIAN, Hal R. Intermediate microeconomics : a modern approach. 6. ed. New York: W.W. Norton, 2002, xxiv, 688. ISBN 0393978303. info

Teaching methods

application, argueing, class discussion, interpretation, lectures

Assessment methods

Final exam: written test. Maximum 20 pts, minimum to pass the exam 12 pts. Evaluation scale:
A: 20-19 pts
B: 18.5-17 pts
C: 16.5-15 pts
D: 14.5-13.5 pts
E: 13-12 pts
F: less than 12 pts

Language of instruction

Czech

Further comments (probably available only in Czech)

Study Materials
The course is taught annually.
General note: Nezapisují si studenti, kteří absolvovali předmět PEMIK2 nebo KEMIK2.
Information on course enrolment limitations: 10 pouze přednáška

Listed among pre-requisites of other courses

• MKE_MIE2 Microeconomics 2
  (!MPE_MIE2) && (!MPE_AMI2) && (!NOWANY(MPE_AMI2,MPE_MIE2))  
• MPE_AMI2 Microeconomics 2
  (!MPE_MIE2) && (!MKE_MIE2) && (!NOWANY(MKE_MIE2,MPE_MIE2))  

• Enrolment Statistics (Autumn 2010, recent)
  
• Permalink: https://is.muni.cz/course/econ/autumn2010/MPE_MIE2