ESF:BKE_MIE1 Microeconomics 1 - Course Information

BKE_MIE1 Microeconomics 1

Extent and Intensity

0/0. 8 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Michal Kvasnička, Ph.D. (lecturer)
Ing. Mgr. Vlastimil Reichel, Ph.D. (seminar tutor)
Ing. Peter Baďo (assistant)
doc. Ing. Jan Čapek, Ph.D. (assistant)
Ing. Jitka Doležalová, Ph.D. (assistant)
Ing. Petra Chovancová, Ph.D. (assistant)
Ing. et Ing. Soňa Jakubová Niedermayerová (assistant)
Ing. Veronika Končiková (assistant)
doc. Ing. Štěpán Mikula, Ph.D. (assistant)
Ing. Adam Pápai, Ph.D. (assistant)
Mgr. Martin Slanicay, Ph.D. (assistant)
Ing. Mgr. Václav Šebek (assistant)
Mgr. Bc. Karolína Zábojníková (assistant)

Guaranteed by

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

Timetable

Sat 26. 9. 12:50–16:15 P101, Sat 14. 11. 12:50–16:15 P101, Sat 28. 11. 8:30–11:50 P101

• Timetable of Seminar Groups:

BKE_MIE1/T01: Thu 24. 9. to Tue 22. 12. Thu 15:15–16:50 107, V. Reichel, Nepřihlašuje se. Určeno pro studenty se zdravotním postižením.

Prerequisites (in Czech)

(! BPE_MIC1 Microeconomics 1 ) && (! BPE_MIE1 Microeconomics 1 ) && (!NOWANY( BPE_MIC1 Microeconomics 1 , BPE_MIE1 Microeconomics 1 ))

Course Enrolment Limitations

The course is only offered to the students of the study fields the course is directly associated with.

fields of study / plans the course is directly associated with

there are 8 fields of study the course is directly associated with, display

Course objectives

In this course students will learn the basic principles of Microeconomics. They will get acquainted with the concept of preference, cost, revenue, elasticity, supply, demand, firm, market, externality etc., and their mutual relationship. The students will understand the operation of the market process and structure. They will be able to use the microeconomic analytical tools to describe and analyze the real world cases, and avoid usual analytical errors. They will understand consequences of changes of demand, cost, market structure, and basic policy changes. At the end of this course, students will be able to understand and explain when markets are good solution to mundane problem and when the government can improve its results. They will be also prepared to study microeconomics on the intermediate level in the consequent course.

Syllabus

• 1. Introduction into Economics
• 2. Interdependence and Gains from Trade
• 3. Market Forces of Supply and Demand
• 4. Elasticity and Its Applications
• 5. Consumers, Producers and Efficiency of Markets
• 6. Theory of Consumer Choice
• 7. Cost of Production
• 8. Firms in Competitive Markets
• 9. Monopoly and Monopolistic Competition
• 10. Oligopoly
• 11. Markets for Factors of Production
• 12. Externalities
• 13. Pulbic Goods and Common Resources

Literature

required literature
• MANKIW, N. Gregory. Principles of economics. 4th ed. Mason: Thomson Higher Education, 2007, 896 s. ISBN 9780324224726. info
• MANKIW, N. Gregory. Zásady ekonomie. Praha: Grada, 2000, 763 s. ISBN 80-7169-891-1. info

Teaching methods

Reduced lectures (consultations)

Assessment methods

The credit is awarded based on 1) student's performance in writing POTs and running tests, and 2) written multiple-choice test.

Language of instruction

Czech

Further Comments

Study Materials
The course is taught annually.

Information about innovation of course.

This course has been innovated under the project "Inovace studia ekonomických disciplín v souladu s požadavky znalostní ekonomiky (CZ.1.07/2.2.00/28.0227)" which is cofinanced by the European Social Fond and the national budget of the Czech Republic.

Listed among pre-requisites of other courses

• BKE_ZEKO Principles of Economics
  (!BPE_MIE1) && (!BPE_MAE1) && (!BKE_MAE1) && (!BKE_MIE1) && (!BKE_ZAKE) && !NOWANY(BKE_MIE1,BKE_MAE1,MKE_MIE2,MKE_MAE2,CORE011,BKE_ZAKE) && forma(K) && (!MKE_MIE2) && (!MKE_MAE2)  
• BPE_MIC1 Microeconomics 1
  (!BPE_MIE1) && (!BKE_MIE1) && (!BPE_AMIC1) && (!NOWANY(BPE_MIE1,BKE_MIE1,BPE_AMIC1))  
• BPE_MIE1 Microeconomics 1
  (!BPE_MIC1) && (!BKE_MIE1) && (!NOWANY(BPE_MIC1,BKE_MIE1))  
• BPE_ZEKO Principles of Economics
  (!BPE_MIE1) && (!BPE_MAE1) && (!BKE_MAE1) && (!BKE_MIE1) && !NOWANY(BPE_MIE1,BPE_MAE1) && forma(P) && typ_studia(BNM) && (!CORE011)  
• CORE011 Economic style of thinking
  (!BPE_MIE1) && (!BPE_MAE1) && (!BKE_MAE1) && (!BKE_MIE1) && (!BKE_ZAKE) && !NOWANY(BKE_MIE1,BKE_MAE1,MKE_MIE2,MKE_MAE2,BKE_ZAKE) && (!MKE_MIE2) && (!MKE_MAE2) && (!BPE_ZEKO) && (!fakulta(ESF)) && !typ_studia(ND) && (!forma(C) || !forma(K) || !forma(D) || !forma(R) || !forma(Z))  

• Enrolment Statistics (Autumn 2015, recent)
  
• Permalink: https://is.muni.cz/course/econ/autumn2015/BKE_MIE1