MPE_ACMI Seminar in microeconomics

Faculty of Economics and Administration
Autumn 2021
Extent and Intensity
0/2/0. 5 credit(s). Type of Completion: z (credit).
Teacher(s)
Luca Fumarco, PhD (seminar tutor)
doc. Ing. Ondřej Krčál, Ph.D. (seminar tutor)
prof. Ing. Zdeněk Tomeš, Ph.D. (seminar tutor)
Guaranteed by
doc. Ing. Ondřej Krčál, 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 of Seminar Groups
MPE_ACMI/01: Wed 10:00–11:50 S309, except Wed 15. 9., except Wed 3. 11., L. Fumarco
MPE_ACMI/02: Wed 14:00–15:50 P312, except Wed 15. 9., except Wed 3. 11., L. Fumarco
Prerequisites (in Czech)
(! MPE_CMIE Seminar in Microeconomics ) && (!NOWANY( MPE_CMIE Seminar in Microeconomics ))
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
Course objectives
The course Seminar in microeconomics supplements the course Microeconomics 2. The main goal of the course is to deepen students' knowledge of microeconomic theory and improve their ability to apply the theory in practice.
Learning outcomes
After completing the course the students will be able to:
- derive theoretical concepts from consumer theory, theory of the firm, general equlibrium and theory of asymmetric information;
- apply microeconomic theory to stylized problems;
- analyze real consumer decisions, competitive behavior and market outcomes.
Syllabus
  • 1. Introductory seminar
  • 2. Budget Constraint, Preferences and Utility
  • 3. Choice and Revealed Preferences
  • 4. Demand and Slutsky Equation
  • 5. Consumer's Surplus and Market Demand
  • 6. Uncertainty and Equilibrium
  • 7. Test + Technology and Profit Maximization
  • 8. Cost Minimization and Cost Curves
  • 9. Firm Supply and Industry Supply
  • 10. Monopoly and Monopoly Behaviour
  • 11. Oligopoly
  • 12. Game Theory and Asymmetric Information
  • 13. Test + Exchange and Production
Literature
    required literature
  • VARIAN, Hal R. Intermediate microeconomics : a modern approach. 8. ed. New York: Norton, 2010, xxiv, 739. ISBN 9780393934243. info
  • BERGSTROM, Theodore C. and Hal R. VARIAN. Workouts in intermediate microeconomics. 8th ed. New York: W.W. Norton, 2009, 562, 38. ISBN 9780393935158. info
Teaching methods
Seminars are related to the course Microeconomics 2. In the seminars, students solve examples, elaborate case studies a make class experiments.
Assessment methods
Necessary to get 60 points out of the total amount of 108 points. Students can get 60 points for two tests and 48 points for the presence and for solving problems in the seminars.
Language of instruction
English
Further comments (probably available only in Czech)
Study Materials
General note: This course is due to COVID 19 measurements instructed only ONLINE in the autumn semester 2020. You can contact the teacher of the course about the organizational matters.
Listed among pre-requisites of other courses
The course is also listed under the following terms Autumn 2015, Autumn 2016, Autumn 2017, Autumn 2018, Autumn 2019, Autumn 2020, Autumn 2022, Autumn 2023, Autumn 2024.
  • Enrolment Statistics (Autumn 2021, recent)
  • Permalink: https://is.muni.cz/course/econ/autumn2021/MPE_ACMI