Course: Microeconomics in English

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Course title Microeconomics in English
Course code KEM/AEK1
Organizational form of instruction Lecture + Tutorial
Level of course Bachelor
Year of study not specified
Semester Winter
Number of ECTS credits 6
Language of instruction English
Status of course unspecified
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Course availability The course is available to visiting students
Lecturer(s)
  • Martinčíková Sojková Olga, Ing.
  • Martinčík David, JUDr. Ing. Ph.D.
Course content
Introduction to economics, the object of general economics theory, basic economic relationships Market and market system Behaviour of a consumer and formation of demand Production analysis, analysis of costs, revenues and profit A company under perfect competition, formation of supply curve Equilibrium in perfect competitive market A company under imperfect competition Monopoly, Oligopoly, monopolists competition, alternative goal of a company Formation of prices in the market of production factors Land market, labour market and capital market Distribution of incomes General equilibrium Market in sufficiency, microeconomic politics of a state

Learning activities and teaching methods
Lecture with practical applications, Multimedia supported teaching, One-to-One tutorial, Individual study, Students' self-study
  • Contact hours - 52 hours per semester
  • Preparation for formative assessments (2-20) - 20 hours per semester
  • Preparation for an examination (30-60) - 60 hours per semester
  • Preparation for comprehensive test (10-40) - 24 hours per semester
prerequisite
Knowledge
None.
Skills
N/A
Competences
N/A
N/A
learning outcomes
Knowledge
to explain the general microeconomics theories
to classify general microeconomics approaches according to their initial assumptions
Skills
to apply theoretical knowledge on a test economics situation
to estimate the reaction of a microeconomic subject when the initial parameters of the model has been changed
Competences
N/A
teaching methods
Knowledge
Multimedia supported teaching
Self-study of literature
Individual study
One-to-One tutorial
Interactive lecture
Skills
Practicum
Competences
Lecture
Practicum
Self-study of literature
assessment methods
Knowledge
Oral exam
Written exam
Test
Skills demonstration during practicum
Skills
Oral exam
Written exam
Test
Skills demonstration during practicum
Competences
Oral exam
Written exam
Test
Skills demonstration during practicum
Recommended literature
  • Mankiw, N. Gregory. Principles of economics. 2nd ed. Fort Worth : Harcourt College Publishers, 2001. ISBN 0-03-025951-7.
  • Perloff, Jeffrey M. Microeconomics: theory and applications with calculus, 5th edition. 2019. ISBN 978-0134899657.
  • Samuelson, Paul Anthony; Nordhaus, William D. Economics. 14th ed. New York : McGraw-Hill, 1992. ISBN 0-07-054879-X.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester