Course syllabus RRMIEA - Microeconomics in English (FRDIS - SS 2018/2019)


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Course code:
RRMIEA
Course title in Czech:
Microeconomics in English
Course title in English:
Microeconomics in English
Semester: SS 2018/2019
Mode of completion and number of credits:
Exam (6 credits)
Mode of delivery and timetabled classes:
full-time, 2/2 (hours of lectures per week / hours of seminars per week)
part-time, 20/0 (lectures per period / seminars per period)
Level of course:
bachelor
Course type:
required
Type of delivery:
usual, consulting
Mode of delivery for our mobility students abroad:
-- item not defined --
Language of instruction:
English
Course supervisor:
prof. Dr. Ing. Libor Grega
Course supervising department:
Faculty:
Teachers:
prof. Dr. Ing. Libor Grega (examiner, instructor, lecturer, supervisor, tutor)
Ing. Ebo Tawiah Quartey, Ph.D. (examiner, instructor, tutor)
Prerequisites:
 
Timetable in this semester:
DayFrom-till
Room
Field of study
Teacher
Entry
Frequency
Capacity
Tuesday
9.00-10.50
Z2 (ČP II.)
B-RR
B-MTS
E. T. QuarteySeminar
Every week
28
Tuesday
11.00-12.50Z2 (ČP II.)B-RR
B-MTS
Seminar
Every week
28
Wednesday
9.00-10.50Z3 (ČP II.)B-RR
B-MTS
E. T. Quartey
Seminar
Every week
28
Thursday
13.00-14.50
Z14 (ČP II.)
L. Grega
Lecture
Every week
110
Thursday15.00-16.50Z8 (ČP II.)B-RRA
B-MTSA
SeminarEvery week
30
 
Aim of the course and learning outcomes:
This course provides systematic basics of the microeconomic theories and therefore creates theoretical-methodological presumptions for further studies of applied disciplines such as business economics, environmental economics, industrial economics, regional economics etc. Within the course, explanations and interpretations of the behaviour of economical subjects under different market structures are based on the neoclassical approach.
 
Course content:
1.
Introduction to Microeconomics (allowance 8/0)
 
a.Economics and microeconomics
b.
Market, market subjects, market mechanism
c.
Basic concepts in Microeconomics

2.Consumer Behavior and Demand (allowance 8/0)
 
a.
Utility, preferences and consumer optimum
b.Demand and Determinants of Demands

3.
Firm Behavior and Supply (allowance 8/0)
 
a.Technology and Production
b.Costs
c.
Supply and Determinants of Supply

4.
Market of Goods and Services (allowance 8/0)
 
a.
Perfect Competition
b.
Monopoly
c.
Monopolistic Competition
d.
Oligopoly

5.Market for factors of production (allowance 8/4)
 
a.
Demand and supply on the markets of factors of production
b.
Labour market
c.Capital market

6.General Equilibrium (allowance 8/0)
 
a.
Effectivity in Production
b.
Effectivity in Consumption
c.
Welfare Maximalization

7.
The Role of State in Economy (allowance 8/0)
 
a.
Market failures
b.
Forms of State Intervences

Learning activities and teaching methods:
Type of teaching method
Daily attendance
Combined form
lecture
56 h20 h
preparation for exam
72 h
80 h
preparation for regular assessment10 h43 h
preparation for regular testing
30 h
25 h
Total
168 h
168 h
 
Assessment methods:
Course is finished by written exam composed of three open questions where the student proves systematic knowledge of microeconomic issues in extend of this course. Condition of participation in final exam is course credit. Students receives course credit based on a partial test, which consists of application of demonstration examples.
 
Assessment criteria ratio:
Requirement type
Daily attendance
Combined form
Total0 %
0 %
 
Recomended reading and other learning resources:
Basic:
PARKIN, M. Microeconomics. 6th ed. Boston: Addison Wesley, 501 p. ISBN 0-321-21071-9.
FRANK, R H. Microeconomics and behavior. New York: McGraw-Hill, 1991. 26 p. ISBN 0-07-021870-6.

Recommended:
MANKIW, N G. Principles of Economics, 6th edition. USA: South-Western Cengage Learning, 2012. 856 p. ISBN 978-0-538-45305-9.
VARIAN, H R. Intermediate microeconomics: a modern approach. 8th ed. New York: W.W. Norton & Co., 739 p. ISBN 978-0-393-93424-3.

Course listed in study plans for this semester:
Field of study B-RD-SEDR Socioeconomic and Environmental Development of Regions, full-time form, initial period WS 2017/2018
Programme B-REDA Regional Development, full-time form, initial period WS 2017/2018
Field of study B-RDE-SEDRE Socioeconomic and Environmental Development of Regions, full-time form, initial period WS 2017/2018
Programme B-RED Regional Development, full-time form, initial period WS 2017/2018
Field of study B-RDE-SEDRE Socioeconomic and Environmental Development of Regions, full-time form, initial period SS 2017/2018
Programme B-INTSE International Territorial Studies, full-time form, initial period WS 2018/2019
Field of study B-ITSE-IDSE International Development Studies, full-time form, initial period WS 2018/2019
Programme B-INTSE International Territorial Studies, full-time form, initial period SS 2018/2019
Field of study B-ITSE-IDSE International Development Studies, full-time form, initial period SS 2018/2019
 
Course listed in previous semesters: WS 2020/2021, SS 2019/2020, WS 2019/2020, WS 2018/2019, SS 2017/2018, WS 2017/2018 (and older)
Teaching place:
Brno


Last modification made by Bc. Vít Karber on 11/28/2018.

Type of output: