BSA_MIE Microeconomics – for Bachelor's Degree

Institute of Technology and Business in České Budějovice
winter 2022
Extent and Intensity
2/2/0. 5 credit(s). Type of Completion: zk (examination).
Guaranteed by
Ing. Pavel Rousek, Ph.D.
School of Expertness and Valuation – 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
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. 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.
Literature
    required literature
  • 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.
  • COWEN, T. a A. TABARROK, 2015. Modern principles: microeconomics. Third edition. New York: Worth Publishers. ISBN 9781429278416.
  • HAŠKOVÁ, S. a P. BRŮŽKOVÁ, 2015. Ekonomická teorie. České Budějovice: Vysoká škola technická a ekonomická v Českých Budějovicích.
    recommended literature
  • 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.
  • MACÁKOVÁ, L., 2010. Mikroekonomie: základní kurs. 11. vyd. Slaný: Melandrium. ISBN 978-80-86175-70-6.
  • KRUGMAN, P. R. a R. WELLS, 2008. Microeconomics. [s. l.]: Worth Publishers. ISBN 978-0716771593
  • MANKIW, N. G., 2018. Principles of microeconomics. Eighth edition. Boston: Cengage Learning. ISBN 978-1305971493.
  • SIRŮČEK, P., M. NEČADOVÁ a L. MACÁKOVÁ, 2003. Mikroekonomická teorie I: cvičebnice. 2. aktualiz. vyd. Slaný: Melandrium. ISBN 80-86175-37-5.
Forms of Teaching
Lecture
Seminar
Tutorial
Teaching Methods
Frontal Teaching
Group Teaching - Cooperation
Critical Thinking
Individual Work– Individual or Individualized Activity
Teaching Supported by Multimedia Technologies
Student Workload
ActivitiesNumber of Hours of Study Workload
Daily StudyCombined Study
Esej/Příprava na závěrečný test (in Czech)3337
Preparation for the Mid-term Test2525
Preparation for Seminars, Exercises, Tutorial2052
Attendance on Lectures26 
Attendance on Seminars/Exercises/Tutorial/Excursion2616
Total:130130
Assessment Methods and Assesment Rate
Test – mid-term 30 %
Test – final 70 %
Essay 70 %
Exam conditions
To successfully complete the course, it is necessary to achieve 70% under the conditions set out below. Overall classification of the course (100-0): 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.
Language of instruction
Czech
Further comments (probably available only in Czech)
The course is taught annually.
The course is taught: every week.
Teacher's information
Attendance at classes in all forms is solved by a separate internal standard of VŠTE (Records of student attendance at VŠTE). For full-time students, 70% attendance at seminars is mandatory. Assessment methods: continuous assessment in the form of a continuous test (30 points) + final evaluation in the form of a final test or essay (70 points).

If a student with an individual study plan will not be able to participate in the mid-term evaluation, he/she will only pass the extended final evaluation in the examination period, which will correspond in content and scope to the final and mid-term evaluation together. However, students are obliged to contact the teacher immediately after the approval of the individual study plan and to contact the examiner before the final exam. If the student does not do so, his/hers individual study plan will not be taken into account.
The course is also listed under the following terms winter 2021.
  • Enrolment Statistics (recent)
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