Course: Microeconomics in English

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Course title Microeconomics in English
Course code KEM/AEK1
Organizational form of instruction Lecture + Tutorial
Level of course Bachelor
Year of study not specified
Semester Winter
Number of ECTS credits 6
Language of instruction English
Status of course unspecified
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Course availability The course is available to visiting students
  • Beck Jiří, Doc. Ing. CSc.
  • Martinčík David, JUDr. Ing. Ph.D.
Course content
- Introduction to economics, the object of general economics theory, basic economic relationships - Market and market system - Behaviour of a consumer and formation of demand - Production analysis, analysis of costs, revenues and profit - A company under perfect competition, formation of supply curve - Equilibrium in perfect competitive market - A company under imperfect competition - Monopoly, Oligopoly, monopolists competition, alternative goal of a company - Formation of prices in the market of production factors - Land market, labour market and capital market - Distribution of incomes - General equilibrium - Market in sufficiency, microeconomic politics of a state

Learning activities and teaching methods
Lecture with practical applications, Multimedia supported teaching, One-to-One tutorial, Individual study, Students' self-study
  • Preparation for formative assessments (2-20) - 20 hours per semester
  • Preparation for an examination (30-60) - 60 hours per semester
  • Preparation for comprehensive test (10-40) - 24 hours per semester
  • Contact hours - 52 hours per semester
professional knowledge
learning outcomes
Student is able to: - Explain the general microeconomics theories, - Classify general microeconomics approaches according to their initial assumptions , - Apply theoretical knowledge on a test economics situation, - Estimate the reaction of a microeconomic subject when the initial parameters of the model has been changed.
teaching methods
Multimedia supported teaching
Students' self-study
Individual study
One-to-One tutorial
Lecture with practical applications
assessment methods
Oral exam
Written exam
Skills demonstration during practicum
Seminar work
Recommended literature
  • Beardshaw, John; Ross, Andy. Economics a student's guide. 3rd ed. London : Pitman Publishing, 1992. ISBN 0-273-03777-3.
  • Colander, David C. Microeconomics. 2th ed. Boston : Irwin, 1995. ISBN 0-256-13825-7.
  • Mankiw, N. Gregory. Principles of economics. 2nd ed. Fort Worth : Harcourt College Publishers, 2001. ISBN 0-03-025951-7.
  • McEachern, William. Economics : a contemporary introduction. 1. vydání. Ohio : South-Western Publishing Co., 1988. ISBN 0-538-08830-3.
  • Samuelson, Paul Anthony; Nordhaus, William D. Economics. 14th ed. New York : McGraw-Hill, 1992. ISBN 0-07-054879-X.

Study plans that include the course
Faculty Study plan (Version) Branch of study Category Recommended year of study Recommended semester