OPF:EVSBAZMI Economics I - Course Information

EVSBAZMI Economics I

Extent and Intensity

3/2/0. 5 credit(s). Type of Completion: zk (examination).

Teacher(s)

Dr. Ing. Ingrid Majerová (lecturer)
Ing. Karin Gajdová, Ph.D. (seminar tutor)
Dr. Ing. Ingrid Majerová (seminar tutor)
doc. Ing. Kamila Turečková, Ph.D., MBA (seminar tutor)
prof. Mgr. Ing. Michal Tvrdoň, Ph.D. (seminar tutor)
Ing. Tomáš Verner (seminar tutor)

Guaranteed by

prof. Mgr. Ing. Michal Tvrdoň, Ph.D.
Departament of Economics and Public Administration – School of Business Administration in Karvina
Contact Person: Dr. Ing. Ingrid Majerová

Prerequisites

The completion of the course does not require any conditions and subject can be registered independently of other subjects.

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

there are 7 fields of study the course is directly associated with, display

Course objectives

The aim of the course is to introduce students to basic economic concepts and interrelationships between them. The task of the course is to create basic presumptions which are important for further studying economic subjects. The presumptions concern basic knowledge of theory of microeconomics. It mainly deals with products, market and its elements, acting of a consumer, acting of a producer, revenues, costs, profit, factor markets and role of a state in economy from the perspective of the microeconomics.

Syllabus

• 1. Basic concepts and contexts of economics
  2. Basic elements od market
  3. Rational consumer behaviour and demand formation
  4. Production and choice of technology
  5. General equilibrium
  6. Revenues, costs and profit
  7. Perfect competition and market position of firm
  8. Imperfect competition and market position of firm
  9. Land market
  10. Labour market
  11. Capital market
  12. Market failure and microeconomic role of the state
  13. Public choice theory

Literature

required literature
• MANKIW, N. G. Principles of Microeconomics. Mason: Cengage Learning, 2011. ISBN 978-0538453066. info
• FRANK, H., R. Microeconomics and Behavior. New York: McGraw-Hill, 2009. ISBN 978-00-73375-94-6. info

recommended literature
• HAMERMESH, D. Economics is Everywhere. New York: Worth Publishers, 2011. ISBN 978-1429287753. info
• HALL, R. E., LIEBERMAN , M. Microeconomics: Principles and Applications. Mason: Cengage Learning, 2011. ISBN 978-1111822569. info
• COWEN , T., ALEX TABARROK, A. Modern Principles: Microeconomics. New York: Worth Publishers, 2011. ISBN 978-1429239998. info
• CASE, K. E., FAIR, R. C., OSTER, S. Principles of Macroeconomics. New York: Prentice Hall, 2011. ISBN 978-0131391406. info
• VARIAN, R. Intermediate Microeconomics: A Modern Approach. New York: W. W. Norton & Company, 2009. ISBN 9780393934243. info

Teaching methods

Skills demonstration
Seminar classes

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

attendance in seminars 60 %, on-going test, final written exam.
Other study load: study of specialized literature, search and study of recent literature on the issue of microeconomics.

Activity	Difficulty [h]
Ostatní studijní zátěž	40
Přednáška	39
Seminář	26
Zkouška	40
Summary	145

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