Course: Introduction to Microeconomics

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Course title Introduction to Microeconomics
Course code KEM/ZMI
Organizational form of instruction Lecture + Tutorial
Level of course Bachelor
Year of study 3
Semester Winter and summer
Number of ECTS credits 2
Language of instruction Czech
Status of course Compulsory
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Jarý Čestmír, PhDr.
  • Tesařová Vendula, Ing. Ph.D.
Course content
basic terms of microeconomics principles of economic decisions consumers utility and demand corporate costs maximizing profit and supply exchange and market perfect competition model imperfect competition markets regulation of imperfect competition market of factors of production income distribution in the economy public goods externalities and asymmetry of information

Learning activities and teaching methods
Lecture supplemented with a discussion, Lecture with practical applications, Individual study, Self-study of literature, Practicum
  • Contact hours - 26 hours per semester
  • Presentation preparation (report) (1-10) - 5 hours per semester
  • Preparation for an examination (30-60) - 21 hours per semester
prerequisite
Knowledge
Course has no entrance requirements.
Skills
Course has no entrance requirements.
Competences
N/A
learning outcomes
Knowledge
to explain the basic principles of economic decision-making sub-businesses
explain the functioning of the different market structures in terms of their efficiency and stability
to apply basic economic models for selected situations
Skills
estimate the reactions of microeconomic system to the change of the input parameter of the model
apply the theoretical knowledge to model economic situation
Competences
N/A
teaching methods
Knowledge
Lecture supplemented with a discussion
Interactive lecture
Practicum
Individual study
Self-study of literature
Skills
Lecture supplemented with a discussion
Interactive lecture
Practicum
Individual study
Practicum
Competences
Seminar classes
Lecture supplemented with a discussion
assessment methods
Knowledge
Combined exam
Skills demonstration during practicum
Skills
Combined exam
Skills demonstration during practicum
Competences
Combined exam
Skills demonstration during practicum
Recommended literature
  • Havel, Jiří. Průvodce studiem Economics. 1. vyd. Praha : Aleko, 1991. ISBN 80-85341-05-0.
  • Holman, Robert. Základy ekonomie : pro studenty vyšších odborných škol a neekonomických fakult VŠ. Praha : C.H. Beck, 2000. ISBN 80-7179-434-1.
  • Macáková, Libuše. Mikroekonomie (základní kurs). 3. vydání. Slaný : Melandrium, 1994. ISBN 80-901801-0-8.
  • Martinčík, David. Základy mikroekonomie. Plzeň : Západočeská univerzita, 2005. ISBN 80-7043-421-X.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Electrical Engineering Study plan (Version): Commercial Electrical Engineering (16) Category: Electrical engineering, telecommunication and IT 3 Recommended year of study:3, Recommended semester: Winter
Faculty: Faculty of Economics Study plan (Version): Economic and Regional Geography (2017) Category: Geography courses 1 Recommended year of study:1, Recommended semester: Winter