Course syllabus RRMIE - Microeconomics (FRDIS - SS 2019/2020)

     ECTS syllabus          Syllabus          Timetable          Syllabus 2020          

     Czech          English          

Course code: RRMIE
Course title in language of instruction: Mikroekonomie
Course title in Czech: Microeconomics
Course title in English: Microeconomics
Mode of completion and number of credits: Exam (6 credits)
(1 ECTS credit = 28 hours of workload)
Mode of delivery/Timetabled classes: full-time, 3/1 (hours of lectures per week / hours of seminars per week)
Language of instruction: Czech
Level of course: bachelor
Semester: SS 2019/2020
Name of lecturer: prof. Dr. Ing. Libor Grega (examiner, lecturer, supervisor, tutor)
Ing. Vojtěch Tamáš, Ph.D. (instructor, tutor)
Prerequisites: not Microeconomics in English and not State Bachelor Exam
Aims of the course:
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 contents:
1.Introduction to microeconomics (allowance 2/2)
a.Economics and microeconomics
b.Market, market subjects, market mechanism
c.Time and space in economics

2.Market for goods and services (allowance 10/18)
a.Consumer behaviour, derivation of demand
b.Firm behaviour, derivation of supply
c.Market equilibrium and market organization -- perfect and imperfect competition
d.Regional aspects of the goods and services market

3.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 and income distribution
d.Land and natural resources market
e.Regional aspects of the production factors market

4.Market interactions (allowance 4/0)
a.General equilibrium
b.Market failures
c.Interaction of the markets on regional and supranational level

Learning outcomes and competences:
Generic competences:
-Ability to analyse and synthesize
-Capacity to learn
-General knowledge
-Skilled at utilizing and processing information

Specific competences:
-Student can evaluate of the impacts of basic interventions on market equilibrium
-Student is able to determine the economical effective level of the production within different
-Student is able to do the quantitative analysis of the demand and supply in market for goods
-Student is able to explain the market failures
-Student knows the partial market equilibrium and its dynamics
-Student understands a mechanism of behaviour of economical subjects under various market

Type of course unit: required
Year of study: Not applicable - the subject could be chosen at anytime during the course of the programme.
Work placement: There is no compulsory work placement in the course unit.
Recommended study modules: -
Learning activities and study load (hours of study load):
Type of teaching methodDaily attendance
Direct teaching
     lecture28 h
     practice28 h
     consultation6 h
     preparation for exam84 h
     preparation for regular assessment22 h
Total168 h
Assessment methods:
The course is completed by written examination where the students prove systematic knowledge of microeconomic issues in the scope of the syllabus of the course. Written test contents 3 open questions. Percentage score of at least 60% is required for a minimal pass performance for the course. If the percentage score of the written test is between 50 and 59,9 percent, students are allowed to undertake oral part of the exam.
First eligibility condition for participation at written examination is course credit. Students receive course credit based on a successful credit test (at least percentage score 50%) and at least 80% attendance at seminars. Credit test consists of 4 examples corresponding with the content of seminars.
At least 80% attendance at lectures is required as the second eligibility condition for participation at written examination.
Recommended reading:
TypeAuthorTitlePublished inPublisherYearISBN
RQPARKIN, M.MicroeconomicsPearson2016978-1-292-09463-2
RQMACÁKOVÁ, L. et al.Mikroekonomie: základní kursSlanýMelandrium2010978-80-86175-70-6
REJUREČKA, V. et al.MikroekonomiePrahaGrada2010978-80-247-3259-6
REMANKIW, N G.Principles of Economics, 6th editionUSASouth-Western Cengage Learning2012978-0-538-45305-9
REŽÍTEK, V.Regionální ekonomie a politika: distanční studijní oporaBrnoMasarykova univerzita, Ekonomicko-správní fakulta200480-210-3478-5
REŠEVELA, M.Mikroekonomie I: (úvodní kurz)BrnoMendelova univerzita v Brně2011978-80-7375-494-5


Last modification made by Bc. Vít Karber on 11/20/2019.

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