MIE_s Microeconomics

Institute of Technology and Business in České Budějovice
winter 2024
Extent and Intensity
2/2/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Svatopluk Janek (seminar tutor)
Ing. Tereza Matasová (seminar tutor)
Ing. Filip Petrách, Ph.D. (seminar tutor)
Ing. Pavel Rousek, Ph.D. (seminar tutor)
Ing. Vendula Simotová (seminar tutor)
doc. Ing. Vojtěch Stehel, MBA, PhD. (seminar tutor)
PhDr. Jaroslav Vlach (seminar tutor)
Ing. Libor Votava, Ph.D. (seminar tutor)
Guaranteed by
Ing. Pavel Rousek, Ph.D.
School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice
Supplier department: Economics Group – Deputy Director of Department for Research, Development and Creative Activity – School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice
Timetable of Seminar Groups
MIE_s/A4: Sun 29. 9. 8:00–9:30 E1, 9:40–11:10 E1, 11:25–12:55 E1, Sun 27. 10. 8:00–9:30 E1, 9:40–11:10 E1, 11:25–12:55 E1, Sun 24. 11. 8:00–9:30 E1, 9:40–11:10 E1, V. Simotová
MIE_s/E5: Sun 29. 9. 8:00–9:30 E1, 9:40–11:10 E1, 11:25–12:55 E1, Sun 27. 10. 8:00–9:30 E1, 9:40–11:10 E1, 11:25–12:55 E1, Sun 24. 11. 8:00–9:30 E1, 9:40–11:10 E1, V. Simotová
MIE_s/Z5: Sun 29. 9. 8:00–9:30 E1, 9:40–11:10 E1, 11:25–12:55 E1, Sun 27. 10. 8:00–9:30 E1, 9:40–11:10 E1, 11:25–12:55 E1, Sun 24. 11. 8:00–9:30 E1, 9:40–11:10 E1, V. Simotová
MIE_s/G01: Mon 8:00–9:30 E1, J. Vlach
MIE_s/S01: Mon 13:05–14:35 I303, J. Vlach
MIE_s/S02: Mon 16:30–18:00 E6, S. Janek
MIE_s/S03: Mon 18:10–19:40 E5, S. Janek
MIE_s/S04: Mon 13:05–14:35 E5, V. Simotová
MIE_s/S05: Mon 16:30–18:00 D616, T. Matasová
MIE_s/S06: Mon 18:10–19:40 D616, T. Matasová
MIE_s/S07: Mon 11:25–12:55 E6, J. Vlach
MIE_s/S08: Wed 8:00–9:30 D516, S. Janek
MIE_s/S09: Wed 8:00–9:30 I317B, V. Simotová
MIE_s/S10: Wed 11:25–12:55 B3, V. Simotová
MIE_s/S14: Mon 14:50–16:20 I303, S. Janek
MIE_s/S15: Mon 14:50–16:20 D616, J. Vlach
MIE_s/S16: Mon 11:25–12:55 I303, V. Simotová
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives supported by learning outcomes
The aim of the course is to acquaint students with the basic economic categories in the field of microeconomics, which is the basis for the study of other related economic disciplines.
Learning outcomes
Upon successful completion of the course, the student:
1. can describe the basics of the history of economic thought,
2. can explain the behavior of consumers and companies in all markets,
3. can define basic microeconomic categories,
4. is able to derive supply, demand, prices, etc.,
5. is able to appropriately connect the acquired theoretical knowledge with real practice and actively use it in other economic disciplines.
Syllabus
  • Lectures:
  • 1. Basic economic concepts, market formation, division of labor. Basic elements of the market, supply, demand, market equilibrium, competition.
  • 2. Consumer behavior and the formation of demand in the market of products and services.
  • 3. Behavior of the company and creation of the offer. Elasticity of supply and demand.
  • 4. Production function and isoquant method.
  • 5. The company in conditions of perfect competition.
  • 6. Imperfect competition and behavior of NDK.
  • 7. Profit and alternative goals of the company.
  • 8. Factors of production market. Formation of the market price of production factors.
  • 9. Land market, labor market.
  • 10. Capital market.
  • 11. Distribution of income and wealth.
  • 12. General equilibrium.
  • 13. Microeconomic policy of the state, market failure.
  • Seminars:
  • 1. Basic economic concepts, market formation, division of labor. Basic elements of the market, supply, demand, market equilibrium, competition.
  • 2. Consumer behavior and the formation of demand in the market of products and services.
  • 3. Behavior of the company and creation of the offer.
  • 4. Elasticity of supply and demand.
  • 5. Production function and isoquant method.
  • 6. The company in conditions of perfect competition.
  • 7. Imperfect competition and behavior of NDK.
  • 8. Profit and alternative goals of the company.
  • 9. Factors of production market. Formation of the market price of production factors. Land market.
  • 10. Capital market, labor market.
  • 11. Distribution of income and wealth.
  • 12. General equilibrium.
  • 13. Microeconomic policy of the state, market failure.
Literature
    required literature
  • COWEN, T. a A. TABARROK, 2015. Modern principles: microeconomics. Third edition. New York: Worth Publishers. ISBN 9781429278416.
  • HOLMAN, R., 2016. Ekonomie. 6. vyd. Praha: C. H. Beck. ISBN 978-807400-278-6.
  • JUREČKA, V., 2013. Mikroekonomie. 2., aktualiz. vyd. Praha: Grada. ISBN 978-80-247-4385-1.
  • HAŠKOVÁ, S. a P. BRŮŽKOVÁ, 2015. Ekonomická teorie. České Budějovice: Vysoká škola technická a ekonomická v Českých Budějovicích.
    recommended literature
  • MANKIW, N. G., 2018. Principles of microeconomics. Eighth edition. Boston: Cengage Learning. ISBN 978-1305971493.
  • KRUGMAN, P. R. a R. WELLS, 2008. Microeconomics. [s. l.]: Worth Publishers. ISBN 978-0716771593.
  • MACÁKOVÁ, L., 2010. Mikroekonomie: základní kurs. 11. vyd. Slaný: Melandrium. ISBN 978-80-86175-70-6.
  • SIRŮČEK, P., M. NEČADOVÁ a L. MACÁKOVÁ, 2003. Mikroekonomická teorie I: cvičebnice. 2. aktualiz. vyd. Slaný: Melandrium. ISBN 80-86175-37-5.
  • HAŠKOVÁ, S., L. KUČERA a V. TRACHTA, 2014. Mikroekonomie. České Budějovice: Vysoká škola technická a ekonomická v Českých Budějovicích. ISBN 978-80-7468-065-6.
Forms of Teaching
Lecture
Seminar
Tutorial
Teaching Methods
Frontal Teaching
Group Teaching - Cooperation
Brainstorming
Critical Thinking
Individual Work– Individual or Individualized Activity
Teaching Supported by Multimedia Technologies
Student Workload
ActivitiesNumber of Hours of Study Workload
Daily StudyCombined Study
Preparation for the Mid-term Test / Essay2424
Preparation for Seminars, Exercises, Tutorial2056
Preparation for the Final Test3434
Attendance on Lectures26 
Attendance on Seminars/Exercises/Tutorial/Excursion2616
Total:130130
Assessment Methods and Assesment Rate
Test – final 70 %
Essay 30 %
Exam conditions
To successfully complete the course, it is necessary to achieve a total of at least 70% from the mid-term and final assessment under the conditions set out below. 30 points, i.e. 30%, can be obtained in the mid-term evaluation. A total of 70 points, i.e. 70%, can be obtained in the final assessment. Overall classification of the course (100-0), i.e. points for the final assessment (70 – 0) + points from the mid-term assessment (30 – 0): A 100 - 90, B 89.99 - 84, C 83.99 - 77, D 76.99 - 73, E 72.99 - 70, FX 69.99 - 30, F 29.99 - 0. A full-time student is obliged to attend contact classes incl. lectures to meet the mandatory 70% attendance. If attendance is not met, the student will automatically be graded "F".
Language of instruction
Czech
Further comments (probably available only in Czech)
The course is taught annually.
Teacher's information
Evaluation methods:

The interim evaluation will be implemented as follows:

  • students will form groups of a maximum of 3 students - we will divide them in the first seminar, including the assignment of topics, in the case of a combined form of study, the students will divide themselves
  • length of the presentation approx. 10 – 15 minutes – regardless of the number of team members
  • number of presentation slides min. 10 – regardless of the number of team members
  • the presentation will contain real numbers from the economy, preferably in time series
  • all team members will always present at the seminar, if someone from the team is absent, they will speak the presentation
  • in the case of a combined form of study, the parameters are identical to the fact that the students will not present physically, but will speak the presentation together
  • presentations will be uploaded by students to the submission office, as the files will probably be larger in the case of a voiced video

Final evaluation in the form of a theoretical test (70 points + eventual bonus).

In the case of a receiving of 50 to 70 points in the sum of the mid-term and final evaluation, the possibility of an additional oral examination. The additional oral examination applies exclusively to remedial attempts.

Attendance at classes in all forms is solved by a separate internal standard of VŠTE (Records of student attendance at VŠTE).

The course is also listed under the following terms winter 2022, winter 2023.
  • Enrolment Statistics (recent)
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