Microeconomics A

Type of study	Bachelor
Language of instruction	English
Code	114-0500/03
Abbreviation	MIC A
Course title	Microeconomics A
Credits	5
Coordinating department	Department of Economics
Course coordinator	doc. Ing. Martin Hodula, Ph.D.

Subject syllabus

1. Introduction to economics.
2. Market and market mechanism.
3. Theory of utility.
4. Market demand and its elasticity.
5. Firm – its aims and production activity.
6. Costs, revenues and profits of the firm.
7. Perfectly competitive firm.
8. Monopoly.
9. Firm in oligopoly and in monopolistically competitive industry.
10. Labour market.
11. Capital market.
12. Distribution of income and wealth.
13. Externalities and public goods.
14. Public choice theory.

Literature

GANS, Joshua, Stephen KING, Robin STONECASH, Martin BYFORD, Jan LIBICH and Gregory MANKIW. Principles of Economics: Australian and New Zealand Edition. 7th ed. Melbourne: Cengage, 2017. .
KRUGMAN, Paul and Robin WELLS. Microeconomics. 6th ed. Duffield: Worth Publishers, 2021. .
MANKIW, N. Gregory. Principles of Economics. 9th ed. Boston: Cengage, 2020. .

Advised literature

COWEN, Tyler and Alex TABARROK. Modern Principles: Microeconomics. 5th ed. New York: MacMillan Learning, 2021. .
GOOLSBEE, Austan, Steven LEVITT and Chad SYVERSON. Microeconomics. 3rd ed. Duffield: Worth Publishers, 2019. .
MATEER, Dirk and Lee COPPOCK. Principles of Microeconomics. 3rd ed. New York: W.W. Norton & Company, 2021. .

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