VŠTE:NE_MIE Microeconomics for Master's st - Course Information

NE_MIE Microeconomics for Master's study programme

Extent and Intensity

2/2/0. 5 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Pavel Rousek, Ph.D. (seminar tutor)

Guaranteed by

Ing. Lukáš Polanecký
Lifelong learning Centre – Directorate of Study Administration and Lifelong Learning – Vice-Rector for Study Affairs – Rector – Institute of Technology and Business in České Budějovice
Supplier department: School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice

Timetable of Seminar Groups

NE_MIE/CCV: Sun 22. 3. 16:30–19:40 A1, Sun 17. 5. 8:00–9:30 A1, P. Rousek

Prerequisites (in Czech)

OBOR ( CAP )

Course Enrolment Limitations

The course is offered to students of any study field.

Course objectives supported by learning outcomes

The course focuses on intermediate analysis of individual economic subjects´ decision making in the finished products markets and input markets.

Learning outcomes

After successful completion of the course, students are able to:
- explain the principles of microeconomic theory,
- apply microeconomic analysis tools in decision-making problems in business management,
- understand the consumer´s behaviour,
- understand the shaping of demand in the products and services market,
- measure consumers´ benefits,
- understand the company´s behaviour in the product and services market,
- understand the shaping of supply in the product and services market,
- interpret production function,
- analyze costs and revenues of the company,
- decide on the company´s output in the product and services market,
- understand the factor market,
- analyze the labour market,
- analyze the capital market,
- understand market balance and efficiency,
- understand the role of the state,
- analyze market balance and efficiency.

Syllabus

• Lectures
• 1. Tools used in microeconomics. Consumer behaviour and shaping of demand.
• 2. Consumer benefit, preference, and optimum.
• 3. Demand.
• 4. Consumer decision making in risk conditions. Company behaviour and shaping of supply.
• 5. Selectin of technology.
• 6. Company costs and revenues.
• 7. Selection of output by a perfect competitor, decision making of a company in the position of a monopoly on output and price.
• 8. Company decision making on output and price in monopolistic competition, optimal output of a company in conditions of oligopoly. Factor markets.
• 9. Specifics of shaping company demand for work and capital.
• 10. Supply in perfectly and imperfectly competitive labour market.
• 11. Labour supply.
• 12. Capital market.
• 13. Balance, efficiency, and role of the state.
  Seminars
• 1. Basic methods and tools of microeconomic analysis.
• 2. Measuring benefits, indifference curves, budget line, consumer optimum, consumer surplus.
• 3. Demand, change in price of goods and pension impact on demand, elasticity.
• 4. Function of benefit, optimal decision in risk conditions.
• 5. Production function, isoquant, limit of substitution, growing output curve.
• 6. Company costs and revenues (total, average, marginal quantities).
• 7. Selection of output by perfect competitor, decision making of company in the position of monopoly on output and price.
• 8. Company decision making on output and price in monopolistic competition, optimal output of a company in the conditions of oligopoly.
• 9. Specifics of shaping company demand for labour and capital.
• 10. Demand in perfectly and imperfectly competitive labour market.
• 11. Labour supply.
• 12. Capital market, consumer decision making, investment decisions.
• 13. Balance, efficiency, and role of the state: general balance, market failure, microeconomic policy of the state.

Literature

required literature
• HOŘEJŠÍ, B., J. SOUKUPOVÁ, L. HOŘEJŠÍ a J. SOUKUP, 2006. Mikroekonomie. 4. rozšíř. vyd. Praha: Management Press. ISBN 978-80- 7261-150-8
• HOLMAN, R., 2002. Mikroekonomie: středně pokročilý kurz. Praha: C. H. Beck. ISBN 80-7179-737-5.
• HOŘEJŠÍ, B., J. SOUKUPOVÁ, L. HOŘEJŠÍ a J. SOUKUP, 2010. Mikroekonomie. 5., aktualiz. vyd. Praha: Management Press. ISBN 978-80-7261-218-5.

recommended literature
• JIHOČESKÁ UNIVERZITA V ČESKÝCH BUDĚJOVICÍCH. Příjmy, náklady, zisk, bod zvratu [online]. Interní pracovní materiál – Katedra ekonomiky EF JU v Českých Budějovicích. Dostupné z: http://www2.ef.jcu.cz/~jalina/sim/rev.pdf
• MANKIW, N. G., 1999. Zásady ekonomie. Praha: Grada. ISBN 978-80- 7169-891-3.
• LIPOVSKÁ, H., 2017. Moderní ekonomie; Jednoduše o všem, co byste měli vědět. Praha: Grada. ISBN 978-80-271-9608-1.
• FIALOVÁ, H. a J. FIALOVÝ, 2011. Ekonomie pro studenty. Praha: Fiala Partners s.r.o., Vydavatelství A plus. ISBN 978-80-903804-6-2.
• UNIVERZITA TOMÁŠE BATI VE ZLÍNĚ. Chování spotřebitele a formování poptávky [online]. [cit. 2017-12-02]. Dostupné z: http://slideplayer.cz/slide/2515435/
• JINDRA, V. Katedra ekonomie. Univerzita Hradec Králové [online]. [cit. 2017-12-02] Dostupné z: https://edu.uhk.cz/~jindrvo1/files/miek2/texty
• KEŘKOVSKÝ, M. a J. LUŇÁČEK, 2012. Úvod do mikroekonomie - s využitím prvků distančního studia. Praha: C. H. Beck. ISBN 978-80-7179- 365-6
• JUREČKA, V. et al., 2013. Mikroekonomie. Praha: Grada. ISBN 978-80- 247-4385-1.
• FIALOVÁ, H., 2016. Studijní materiály pro makro a mikroekonomiku [online]. [cit. 2017-12-02]. Dostupné z: http://docplayer.cz/2192335-Docing-helena-fialova-csc-katedra-ekonomiky-manazerstvi-a- humanitnichcvut-v-praze-fel.html.

Forms of Teaching

Lecture
Seminar

Teaching Methods

Frontal Teaching
Group Teaching - Cooperation
Brainstorming
Critical Thinking
Individual Work– Individual or Individualized Activity

Student Workload

Activities	Number of Hours of Study Workload
	Daily Study	Combined Study
Test – mid-term	2	2
Preparation for the Mid-term Test	26	26
Preparation for Seminars, Exercises, Tutorial	22	32
Preparation for the Final Test	26	52
Test – final	2	2
Attendance on Lectures	26
Attendance on Seminars/Exercises/Tutorial/Excursion	26	16
Total:	130	130

Assessment Methods and Assesment Rate

Essay 70 %
Elaborát (in Czech) 30 %

Exam conditions

Final work for max. 100 points, elaboration of the paper for max. 30 points / bonus points (3 tasks of 10 points - related to topics 1-6 according to the syllabus). Note the teacher assigns the paper in the 7th week of the week; Students of the COMBINED STUDY submit the elaborated papers in the 13th week of teaching. Students can earn a maximum of 100 points from the final test and a maximum of 30 bonus points per paper. Students submit the paper electronically to the delivery room in the IS.

Language of instruction

Czech

Further comments (probably available only in Czech)

The course is taught annually.

Teacher's information

http://www.mpo.cz
Attendance in the course is defined in a separate VSTE internal standard (Evidence of student attendance at VSTE) for all forms of study. Students in full-time form of study are obliged to attend at least 70 % of the seminars.

• Enrolment Statistics (summer 2020, recent)
  
• Permalink: https://is.vstecb.cz/course/vste/summer2020/NE_MIE