ESF:BPE_MIC1 Microeconomics 1 - Course Information
BPE_MIC1 Microeconomics 1
Faculty of Economics and AdministrationAutumn 2011
- Extent and Intensity
- 0/0. 8 credit(s). Type of Completion: zk (examination).
- Teacher(s)
- Georgi Burlakov (lecturer)
Georgi Burlakov (seminar tutor) - Guaranteed by
- Ing. Michal Kvasnička, Ph.D.
Department of Economics – Faculty of Economics and Administration
Contact Person: Lydie Pravdová - Timetable
- Mon 7:40–9:15 P106
- Timetable of Seminar Groups:
- Prerequisites (in Czech)
- ! PEMIAI Microeconomics I
- 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
- Finance (programme ESF, M-FU)
- Financial Management (programme ESF, M-HPS)
- Financial Management (programme ESF, N-HPS)
- Economic Policy (programme ESF, M-HPS)
- Business Management (programme ESF, M-EKM)
- Business Management (programme ESF, N-EKM)
- Business Management (programme ESF, M-EKM)
- Regional Development and Administration (programme ESF, M-HPS)
- Regional Development and Administration (programme ESF, N-HPS)
- Public Economics and Administration (programme ESF, M-HPS)
- Public Economics (programme ESF, M-HPS)
- Public Economics (programme ESF, N-HPS)
- 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 can also be completed outside the examination period.
The course is taught annually.
General note: Nezapisují si studenti, kteří absolvovali předmět PEMIAI. Předmět je ekvivalentní předmětu BPE_MIE1.
Information on course enrolment limitations: max. 30 cizích studentů; cvičení pouze pro studenty ESF - Listed among pre-requisites of other courses
- BPE_HET1 History of Economic Thought
(BPE_MIC1 && BPE_MAC1) || (BPE_MIE1 && BPE_MAE1) - BPE_MIE1 Microeconomics 1
(!BPE_MIC1) && (!BKE_MIE1) && (!NOWANY(BPE_MIC1,BKE_MIE1)) - BPE_ZATH Introduction to Game Theory
BPE_MIE1 || BPE_MIC1
- BPE_HET1 History of Economic Thought
- Enrolment Statistics (Autumn 2011, recent)
- Permalink: https://is.muni.cz/course/econ/autumn2011/BPE_MIC1