BPE_ZEKO Principles of Economics

Faculty of Economics and Administration
Autumn 2018
Extent and Intensity
2/0/0. 4 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Monika Jandová, Ph.D. (lecturer)
Ing. Hana Lipovská, Ph.D. (lecturer)
prof. Ing. Zdeněk Tomeš, Ph.D. (lecturer)
Hana Válková (assistant)
Guaranteed by
Ing. Monika Jandová, Ph.D.
Department of Economics – Faculty of Economics and Administration
Contact Person: Mgr. Jarmila Šveňhová
Supplier department: Department of Economics – Faculty of Economics and Administration
Timetable
Mon 14:00–15:50 P103, Mon 14:00–15:50 P104
Prerequisites
(! BPE_MIE1 Microeconomics 1 ) &&(! BPE_MAE1 Macroeconomics 1 ) && (! BKE_MAE1 Macroeconomics 1 )
Not for students who completed Microeconomics 1 and Macroeconomics 1.
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
Course objectives
The course Principles of Economics introduces basic issues in both micro- and macroeconomics. The aim of this course is not to include complete economics.

Main objectives can be summarized as follows:

- to understand the economic way of thinking;
- to learn the most important economic terms and their practical applications;
- to be able to apply the basic economic theory to practical examples from the Czech and world economy;
- to gain basic knowledge for other economic courses.
Learning outcomes
Student will be able to: - actively use basic economic terms;
- understand how the labor market works and what are its limitations;
- calculate basic macroeconomic aggregates and describe their development;
- compare the costs and benefits of monetary unions;
- critically discuss the implications of state intervention in the economy;
Syllabus
  • 1. Principles of economics
  • 2. Market and market forces
  • 3. Efficiency of markets
  • 4. Public sector economics
  • 5. Producer and consumer
  • 6. Firms and market structure
  • 7. Measuring the nation's income
  • 8. Economic growth, cyclical fluctuations
  • 9. Earnings - inequity, discrimination, poverty
  • 10. Unemployment, inflation
  • 11. Economic policy
  • 12. Fiscal and monetary policy
  • 13. Open economy
Literature
    required literature
  • HOLMAN, Robert. Základy ekonomie pro studenty vyšších odborných škol a neekonomických fakult VŠ. Vyd. 1. Praha: C.H. Beck, 2000, xvi, 360. ISBN 8071794341. info
    recommended literature
  • MANKIW, N. Gregory. Zásady ekonomie. Praha: Grada, 2000, 763 s. ISBN 80-7169-891-1. info
Teaching methods
The course has a form of a lecture.
Assessment methods
The course is concluded by a written exam.

Any copying, recording or leaking tests, use of unauthorized tools, aids and communication devices, or other disruptions of objectivity of exams (credit tests) will be considered non-compliance with the conditions for course completion as well as a severe violation of the study rules. Consequently, the teacher will finish the exam (credit test) by awarding grade "F" in the Information System, and the Dean will initiate disciplinary proceedings that may result in study termination.
Language of instruction
Czech
Further comments (probably available only in Czech)
The course is taught annually.
General note: Nezapisují si studenti, kteří jsou zapsáni ke studiu na některém z oborů garantovaných na ESF MU.
Listed among pre-requisites of other courses
The course is also listed under the following terms Autumn 2009, Autumn 2010, Spring 2011, Autumn 2011, Spring 2012, Autumn 2012, Spring 2013, Autumn 2013, Spring 2014, Autumn 2014, Spring 2015, Autumn 2015, Spring 2016, Autumn 2016, Spring 2017, Autumn 2017, Spring 2018, Spring 2019, Autumn 2019, Spring 2020, Autumn 2020, Spring 2021, Autumn 2021, Spring 2022, Autumn 2022, Spring 2023, Autumn 2023, Spring 2024, Autumn 2024, Spring 2025.
  • Enrolment Statistics (Autumn 2018, recent)
  • Permalink: https://is.muni.cz/course/econ/autumn2018/BPE_ZEKO