B_MiE_A Microeconomics A

University of Finance and Administration
Winter 2013
Extent and Intensity
2/2. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Michal Blahout, Ph.D. (seminar tutor)
prof. Ing. Mojmír Helísek, CSc. (seminar tutor)
Ing. Pavel Klička, PhD. (seminar tutor)
Ing. Eliška Kvapilová (seminar tutor)
Ing. Petr Mach, Ph.D. (seminar tutor)
Ing. Bc. Jiří Mihola, CSc. (seminar tutor)
Ing. Petra Škarýdová (seminar tutor)
Ing. Mgr. Jaromír Tichý, Ph.D., MBA (seminar tutor)
doc. Mgr. Ing. Petr Wawrosz, Ph.D. (seminar tutor)
doc. Radim Valenčík, CSc. (alternate examiner)
Ing. Jiří Vataha (alternate examiner)
Guaranteed by
doc. Radim Valenčík, CSc.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Dagmar Medová, DiS.
Timetable of Seminar Groups
B_MiE_A/cBPH: Thu 12:15–12:59 E123, Thu 13:00–13:45 E123, P. Klička
B_MiE_A/cMMO: Mon 12:15–12:59 M27, Mon 13:00–13:45 M27, P. Klička
B_MiE_A/cM1PH: Wed 12:15–12:59 E228, Wed 13:00–13:45 E228, P. Škarýdová
B_MiE_A/cM2PH: Wed 14:00–14:44 E222, Wed 14:45–15:30 E222, P. Škarýdová
B_MiE_A/cM3PH: Wed 12:15–12:59 E124, Wed 13:00–13:45 E124, M. Blahout
B_MiE_A/cM4PH: Wed 14:00–15:30 E228, E. Kvapilová
B_MiE_A/cPPPH: Wed 15:45–16:29 E127, Wed 16:30–17:15 E127, E. Kvapilová
B_MiE_A/cRMO: each odd Thursday 14:00–14:44 M15, each odd Thursday 14:45–15:30 M15, each odd Thursday 15:45–16:29 M15, each odd Thursday 16:30–17:15 M15, P. Wawrosz
B_MiE_A/cR1PH: each odd Wednesday 14:00–14:44 E128, each odd Wednesday 14:45–15:30 E128 and each even Wednesday 14:00–14:44 E024, each even Wednesday 14:45–15:30 E024, P. Klička
B_MiE_A/cR2PH: Wed 14:00–14:44 E124, Wed 14:45–15:30 E124, M. Blahout
B_MiE_A/cR3PH: each even Wednesday 14:00–14:44 E306, each even Wednesday 14:45–15:30 E306, each even Wednesday 15:45–16:29 E306, each even Wednesday 16:30–17:15 E306, J. Mihola
B_MiE_A/pBRPH: Wed 12:15–12:59 E004, Wed 13:00–13:45 E004, P. Wawrosz
B_MiE_A/pMPH: Mon 15:45–16:29 E007KC, Mon 16:30–17:15 E007KC, P. Mach
B_MiE_A/pMRMO: Thu 10:30–11:14 M01, Thu 11:15–12:00 M01, P. Wawrosz
B_MiE_A/pPPPH: Tue 12:15–12:59 E223, Tue 13:00–13:45 E223, M. Helísek
B_MiE_A/uMPH: Tue 1. 10. 17:30–19:00 E127, Tue 8. 10. 15:45–17:15 E127, Tue 22. 10. 15:45–17:15 E127, Tue 12. 11. 17:30–19:00 E127, Tue 19. 11. 15:45–17:15 E127, Tue 26. 11. 14:00–15:30 E127, J. Mihola
B_MiE_A/uMRKL: Tue 1. 10. 14:00–15:30 K203, 15:45–17:15 K203, Tue 5. 11. 17:30–19:00 K203, 19:15–20:45 K203, Tue 12. 11. 17:30–19:00 K203, 19:15–20:45 K203, P. Klička
B_MiE_A/uRPH: Tue 8. 10. 17:30–19:00 E125, Tue 22. 10. 14:00–15:30 E125, Tue 29. 10. 17:30–19:00 E125, Tue 19. 11. 14:00–15:30 E125, Tue 26. 11. 15:45–17:15 E125, Tue 3. 12. 17:30–19:00 E125, J. Mihola
B_MiE_A/vBPPH: Sat 12. 10. 8:00–9:30 E128, Sat 26. 10. 8:00–9:30 E230, Fri 22. 11. 15:30–17:00 E128, Fri 6. 12. 15:30–17:00 E124, Fri 3. 1. 15:30–17:00 E128, 17:15–18:45 E128, J. Mihola
B_MiE_A/vMPH: Sat 26. 10. 14:00–15:30 E222, Sat 9. 11. 8:00–9:30 E124, Fri 22. 11. 17:15–18:45 E126, Fri 6. 12. 13:45–15:15 E126, Fri 3. 1. 12:00–13:30 E128, 13:45–15:15 E128, J. Mihola
B_MiE_A/vMRMO: Sat 19. 10. 11:30–13:00 M24, Fri 15. 11. 13:45–15:15 M24, Fri 29. 11. 13:45–15:15 M14, 15:30–17:00 M14, Fri 13. 12. 13:45–15:15 M24, 15:30–17:00 M24, J. Tichý
B_MiE_A/vPPPH: Sat 12. 10. 11:30–13:00 E127, Sat 26. 10. 9:45–11:15 E223, Sat 9. 11. 14:00–15:30 E127, Sat 23. 11. 9:45–11:15 E127, Sat 7. 12. 11:30–13:00 E127, 14:00–15:30 E127, J. Mihola
B_MiE_A/vRPH: Fri 8. 11. 13:45–15:15 E129, 15:30–17:00 E129, Fri 22. 11. 13:45–15:15 E122, Fri 6. 12. 12:00–13:30 E129, Sat 4. 1. 14:00–15:30 E122, 15:45–17:15 E122, J. Mihola
Prerequisites
There are no special prerequisites for the study of the subject. The subject is compulsory for all students of the first year of bachelor study.
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
The aim of the subjects is to introduce students with microeconomic on the bachelor level. The students will be able at the end of the course: - to understand basic laws and principles of economics (as law of diminishing marginal revenues, law of diminishing marginal product, principle of opportunity costs and principle of sunk costs) - to understand how consumers and firms decide from economic point of view - to understand how market equilibrium (compliance of supply and demand) is established - to understand the topic of elasticity - to analyze different market structures: perfect competition, imperfect competition (monopolistic competition, oligopoly, monopoly) - to understand the productions factor market (including labor market) and capital market including factors affecting the price of productions factors and interest rate - to understand the topic of general equilibrium - to know the microeconomic reason for government (state) interference on the market; to understand the essence of allocation, redistributive, legislative and regulatory function of state; to know what the terms public goods, externalities and so on means;
Syllabus
  • The structure of the lectures: 1. lecture: definition and essence of microeconomics, basic terms, principles and laws of microeconomic. 2. lecture: theory of consumer behavior, individual demand curve. 3. lecture: theory of firm – production function, optimal combinations of production factors, accounting and economic profit, absolute and comparative advantage. 4. lecture: costs and revenues of firm, individual supply curve, break-even point and shutdown point. 5. lecture: market and market equilibrium, market demand curve, market supply curve, the reason of market disequilibrium, consumer surplus, producers surplus, demand elasticity, supply elasticity. 6. lecture: perfect competition, its characteristic and signs, short run and long run firm equilibrium in prefect competition, Pareto efficiency of perfect competition. 7. lecture: imperfect competition, its its characteristic and signs, short run and long run firm equilibrium in imperfect competition dead weight loss in imperfect competition, monopolistic competition and oligopoly. 8. lecture: monopoly, kinds and reason of monopoly, the harmful effects of monopoly. 9. lecture: production factor markets – it essence, Clark’s chart, demand and supply on productive factors market, equilibrium and disequilibrium on the production factors market, specifics of labor market. 11. lecture: general equilibrium theory – equilibrium in production, production possibility frontier, equilibrium in consumption, production-consumer equilibrium, the importance of general equilibrium model. 12. lecture: microeconomic role of state (government), allocation function, public goods, positive and negative externalities and other features of allocation function, redistributive, legislative and regulatory function of state.
Literature
    required literature
  • Heissler, Herbert; Valenčík, Radim; Wawrosz, Petr 2010. Mikroekonomie základní kurz. Praha: VŠFS.
    recommended literature
  • Holman, Robert 2011. Ekonomie. 5. vydání. Praha: C.H.Beck.
  • Jurečka, Václav 2010. Mikroekonomie. Praha: Grada.
  • : Blažek, Jiří; Heissler, Herbert; Kubíček, Jan; Viktorová, Dana; Heissler, Wawrosz, Petr 2012. Ekonomie, právo a hospodářská politika v českém prostředí. Praha: Wolters Kluwer.
    not specified
  • Tuleja, Pavel; Nezval, Pavel; Majerová, Ingrid 2011. Základy mikroekonomie. Brno: Computer Press.
Teaching methods
Lectures and seminars on the present form of the study, consultations on the distant form of the study.
Assessment methods
The subject is finished by credit and exam. The acquiring of credit is necessary condition for student to be able to take the exam. The student acquire the credit if (s)he pass two credit tests. Each question in the tests are scored, student have to receive minimum score to pass the test. The exam is verbal. The exam question are published in IS (information system) with minimal exam standards (the minimum knowledge that student must know to be able to pass the exam).
Language of instruction
Czech
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
General note: Bb1.
Information on the extent and intensity of the course: 12 hodin KS/semestr.
The course is also listed under the following terms Winter 2011, summer 2012, Winter 2012, Summer 2013.
  • Enrolment Statistics (recent)
  • Permalink: https://is.vsfs.cz/course/vsfs/winter2013/B_MiE_A