Introduction to Microeconomics
| Language of instruction | angličtina |
|---|---|
| Code | 114-0520 |
| Abbreviation | MIC |
| Course title | Introduction to Microeconomics |
| Coordinating department | Department of Economics |
| Course coordinator | Ing. Ivana Jánošíková, Ph.D. |
Summary
The aim of the subject is to make the basis for students’ independent creative economic thinking. The main emphasis is laid on the behavior of consumers, households, firms and government. Attention is also paid to the labor market and capital market.
Content of the course:
1. Introduction to economics.
2. Economic backgrounds and consequences of the production.
3. Market and market mechanism.
4. Theory of the utility.
5. Market demand and its elasticity.
6. Aims and production activity of the firm.
7. Costs, revenues and profits of the firm.
8. Behavior of the firm in different market structures - perfect competition, monopoly, oligopoly, monopolistic competition.
9. Labor market.
10. Capital market.
11. Distribution of income and wealth.
12. Externalities and public goods.
Content of the course:
1. Introduction to economics.
2. Economic backgrounds and consequences of the production.
3. Market and market mechanism.
4. Theory of the utility.
5. Market demand and its elasticity.
6. Aims and production activity of the firm.
7. Costs, revenues and profits of the firm.
8. Behavior of the firm in different market structures - perfect competition, monopoly, oligopoly, monopolistic competition.
9. Labor market.
10. Capital market.
11. Distribution of income and wealth.
12. Externalities and public goods.
Literature
SAMUELSON, Paul Anthony and William D. NORDHAUS. Economics. 19th ed. New York, McGraw-Hill, 2005. ISBN 9780071263832.
Advised literature
HEYNE, Paul, Peter J. BOETTKE a David L. PRYCHITKO. The Economic Way of Thinking. 12th edition. Prentice Hall, 2009. ISBN 978-0136039853.
MANKIW, N. Gregory. Principles of Microeconomics. 6th edition. South-Western, Cengage Learning, 2011. ISBN 9780538453042 .
KRUGMAN, Paul and Robin WELLS. Microeconomics. 3rd edition. Worth Publishers, 2012. ISBN 978-1-4292-8342-7 .
MANKIW, N. Gregory. Principles of Microeconomics. 6th edition. South-Western, Cengage Learning, 2011. ISBN 9780538453042 .
KRUGMAN, Paul and Robin WELLS. Microeconomics. 3rd edition. Worth Publishers, 2012. ISBN 978-1-4292-8342-7 .