Course syllabus MI1 - Microeconomics I (FBE - SS 2019/2020)


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Course code:
MI1
Course title in Czech: Microeconomics I
Course title in English:
Microeconomics I
Semester:
SS 2019/2020
Mode of completion and number of credits: Exam (6 credits)
Mode of delivery and timetabled classes:
full-time, 2/1 (hours of lectures per week / hours of seminars per week)
Level of course:
bachelor
Course type:
required
Type of delivery:
usual
Mode of delivery for our mobility students abroad:
-- item not defined --
Language of instruction:
Czech
Course supervisor:
Course supervising department:
Department of Economics (FBE)
Faculty:
Teachers:
Ing. Jitka Dušková, Ph.D. (examiner, instructor, lecturer)
prof. PhDr. Kamil Fuchs, CSc. (examiner, lecturer, supervisor)
Ing. Michal Mádr, Ph.D. (examiner, instructor)
Ing. Radek Náplava (instructor)
Prerequisites:
 
Timetable in this semester:
Day
From-tillRoomTeacherEntry
Frequency
Capacity
Tuesday
11.00-11.50
Q22
R. Náplava
Seminar
Every week
30
Tuesday12.00-12.50
Q22
Seminar
Every week
30
Wednesday15.00-15.50Q32Seminar
Every week
30
Wednesday
16.00-16.50
Q32
Seminar
Every week
30
Thursday
13.00-14.50
Q03
K. FuchsLecture
Every week
170
 
Aim of the course and learning outcomes:
Student will gain basic knowledge in field of microeconomics on the level of introductory economics course. A marginal analysis is stressed. First, it is an instrument to identify rules of economic agent behaviour. Second, it is a base for understanding methods used in economic processes research.
 
Course content:
1.
Introduction to economics (allowance 4/2)
 
a.
Economy and rules of using sources
b.Object and methods of economics
c.
Market mechanism

2.
Market demand and supply (allowance 4/2)
 
a.
Marginal utility and consumer's behaviour
b.
Market demand and its elasticity
c.
Firm's cost and optimal output
d.
Individual (firm) supply and market supply

3.
Theory of market (allowance 8/4)
 
a.
Market equilibrium and efficiency
b.
Effects achieved by exchange
c.
Market inefficiency of imperfect competition
d.
Monopoly and its regulation

4.
Factor markets (allowance 8/4)
 
a.
Formation of demand on factor markets
b.Supply on factor markets
c.Laboure market mechanism and unemployement
d.Capital and investment decisions

5.
Other characteristics of market environment (allowance 4/2)
 
a.
Ownership and public goods
b.
Externalities and other market failure

Learning activities and teaching methods:
Type of teaching method
Daily attendance
lecture
28 h
practice
14 h
preparation for exam76 h
preparation for regular testing
50 h
Total168 h
 
Assessment methods:
The course is finalised by exam consisting of 60 minutes written test followed by oral part. To pass the written part of the exam at least 50% success is requested. Emphasis is placed on written part. Student is evaluated as follows: A (at least 90%), B (at least 80%), C (at least 70%), D (at least 60%) or E (at least 50%). Students are obliged to attend the oral examination when reaching the E grade. Students may attend voluntarily the oral examination when reaching the B - D grades. Full time students need credit before passing the exam.
Credit: Two partial tests are written during the study period. 50% success (in average) is required to obtain the credit, at least 40% success in each test. In the case of failure, the student could write one compensatory test, 50% success is minimum to obtain the credit.
 
Assessment criteria ratio:
Requirement type
Daily attendance
Total
0 %
 
Recomended reading and other learning resources:
Recommended:
MANKIW, N G. Principles of economics. 6th ed. Australia: South-Western, Cengage Learning, 2012. 856 p. International edition. ISBN 978-0-538-45342-4.
JUREČKA, V. et al. Mikroekonomie. 1st ed. Praha: Grada, 2010. 359 p. Expert. ISBN 978-80-247-3259-6.
MANKIW, N G. Zásady ekonomie. 1st ed. Praha: Grada Publishing, 2000. 763 p. ISBN 80-7169-891-1.
HOLMAN, R. Ekonomie. 5th ed. V Praze: C.H. Beck, 2011. 696 p. Beckovy ekonomické učebnice. ISBN 978-80-7400-006-5.
FUCHS, K. Mikroekonomie I. PEF Mendelu Brno, 2019. UIS, Dokumentový server předmětu

Course listed in study plans for this semester:
Field of study B-SE-EI Economic informatics, full-time form, initial period SS 2018/2019
 
Course listed in previous semesters:
Teaching place:
Brno


Last modification made by Ing. Jiří Gruber on 02/12/2020.

Type of output: