EVSPMIAA Microeconomics A

School of Business Administration in Karvina
Winter 2014
Extent and Intensity
3/1/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
prof. Mgr. Ing. Michal Tvrdoň, Ph.D. (lecturer)
prof. Mgr. Ing. Michal Tvrdoň, Ph.D. (seminar tutor)
Guaranteed by
prof. Mgr. Ing. Michal Tvrdoň, Ph.D.
Departament of Economics and Public Administration – School of Business Administration in Karvina
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
The course objective is to teach the students the methodology and the principles of general economics. The course acquaints students with the basic theoretical pieces of knowledge of microeconomics. Fundamental sense has a theory of effective exploitation of scarcity resources for the production of useful goods and services inclusive their dividing. The course includes interpretation of the essential market categories, analyze of behavior of the basic economical subjects namely at first on the market of the goods and services with that on factor markets, their reciprocal relations and expectations of efficient functioning. In virtue of acquire of principles of economic science - microeconomics - leads to the creating of the essential economic profile of all students of The School of Business Administration. At the same time it is the base of the university education of further economic courses on the bachelor's study.
Syllabus
  • 1. Preface to economics, the basic economic conceptions
    2. Market - its basic elements and the market mechanism
    3. Customer behavior and the formalization of demand
    4. Firm behavior and the formalization of supply
    5. The theory of general equilibrium
    6. Revenues, costs and firm profit
    7. Firm equilibrium in the perfect competition
    8. Firm behavior in the imperfect competition - monopoly, oligopoly, monopolistic competition
    9. Factor markets - land market
    10. Labor market
    11. Capital market
    12. Market failure and microeconomic state policy
    13. Public choice theory
Literature
    required literature
  • CASE, K.E., FAIR, R.C. Principles of Microeconomics. New York, 1992. ISBN 0-13-585209-9. info
    recommended literature
  • VARIAN, H. R. Intermediate Microeconomics. A Modern approach. New York, 1993. ISBN 0-393-96320-9. info
  • SALVATORE, D. Microeconomics. New York, 1991. ISBN 0-06-045704-X. info
  • NICHOLSON, W. Intermediate Microeconomics and its Application. New Persey, 1990. ISBN 0-03-031392-9. info
Teaching methods
Skills demonstration
Assessment methods
Grade
Language of instruction
English
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Teacher's information
The precondition for achievement of credit shall be the compulsory attendance to seminars within the scope of 60% and succesful completion of the current test during lectures.
  • Enrolment Statistics (recent)
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