NA_MiE Microeconomics

University of Finance and Administration
Winter 2015
Extent and Intensity
2/1. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Mgr. Ing. Dominik Stroukal, Ph.D. (lecturer)
Ing. Petr Mach, Ph.D. (seminar tutor)
doc. Mgr. Ing. Petr Wawrosz, Ph.D. (seminar tutor)
Guaranteed by
Ing. Petr Mach, Ph.D.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Ing. Barbora Ptáčková
Timetable of Seminar Groups
NA_MiE/cBM1PH: each even Tuesday 10:30–11:14 S36, each even Tuesday 11:15–12:00 S36, D. Stroukal
NA_MiE/cBM2PH: each even Tuesday 12:15–12:59 S14, each even Tuesday 13:00–13:45 S14, D. Stroukal
NA_MiE/pBMPH: Mon 14:00–14:44 S23, Mon 14:45–15:30 S23, except Mon 2. 11. ; and Mon 9. 11. 17:30–19:00 S23, P. Mach
Prerequisites
There are no prerequisites for this course. It is recommended knowledge of economics on bachelor level.
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
At the end of the course students should be able to understand and explain intermediate problems in microeconomics.
Syllabus
  • 1. Private and Publics Goods. Rivalry and Excludability. Asymmetry of Information. Principal vs Agent. 2. Comparative Advantage in Foreign Trade. Import duties and Quotas. Specialisation and Division of Labour. 3. State Interventions to the Demand and Supply. Price floors and ceilings. Taxes and Intervention Purchases. Laffer Curve. 4. Price Discrimination. Dutch Auction. English Auction. 5. Decision making under Risk and Uncertainty. Risk Aversion. Diversification of Risk. 6. Marginal yield on Capital. Pareto efficiency of a Loan. 7. Inter-temporal Choice. 8.Indifference of Consumption in Time. Choice between Consumption and Benevolence. 9.Cartel. Prisoner’s Dilemma. 10. Oligopoly with Competitive Fringe. 11. General Equilibrium.12. derivation of PPF curve.
Literature
    required literature
  • Sobel, R., Gwartney, J., Stroup, R., Macpherson, D.: Understanding Microeconomics 13th Edition. Cengage LearningISBN-13: 978-0-538-75619-8
Teaching methods
Lectures and seminars in full-time study; tutorials in part-time study; compulsory seminar participation is 75% in full-time study, compulsory tutorial participation is 50% in part-time study.
Assessment methods
Obtaining credit is part of the exam. Exam: Grades: A (91-100), B (81-90), C (71-80), D (61-70), E (51-60) F (below 51). Final written exam: max 100 points. Attendance: Voluntary – zero points
Language of instruction
English
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: 12 hodin KS/semestr.
The course is also listed under the following terms Winter 2014, Winter 2016, Winter 2017, Winter 2018, Winter 2019, Winter 2020, Winter 2021, Winter 2022, Winter 2023, Winter 2024.
  • Enrolment Statistics (Winter 2015, recent)
  • Permalink: https://is.vsfs.cz/course/vsfs/winter2015/NA_MiE