XMIK2 Microeconomics 2

Moravian Business College Olomouc
summer 2023
Extent and Intensity
2/2/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Michaela Perunová, Ph.D. (seminar tutor)
Ing. Ingrid Majerová, Dr. (lecturer)
Guaranteed by
Dr. Miroslava Čechová Závadská, BSc., MSc.
Moravian Business College Olomouc
Supplier department: Moravian Business College Olomouc
Timetable
each even Wednesday 8:00–11:00 B2.336
  • Timetable of Seminar Groups:
XMIK2/01: each odd Wednesday 8:00–11:00 B2.336, M. Perunová
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 aim of the course is to provide students analytically justified new knowledge deepening and widening their knowledge gained within the study of the basic course of microeconomics in the bachelor studies. Thus students will achieve a more accurate orientation in the theoretical basis of the field and a higher level of understanding and its importance as a general basis and background of the study of other economic and non-economic courses of particular specializations of the study programme. Including the topics dealing with the analysis of consumer or investor decision-making under conditions of risk and uncertainty into the contents of the course aims at approaching the the theoretical interpretation to the analysis of real economic problems. A deeper analysis of particular theoretical issues, by analyzing their essential characteristics and relations the course aims at developing students' skills of microeconomic analysis and its use for solving practical tasks on the corporate and regional level. The objective of the course is also to develop students' abilities and skills of effective economic thinking, decision making, and behavior.
Syllabus
  • Contents:
    1. Economics, methods and tools of economic analysis
    2. Consumer behavior and the formation of demand (utility, consumer preferences and the optimum; demand formation, demand factors, individual and market demand)
    3. Consumer decision making in conditions of risk
    4. The firm's behaviour, the choice of technology, the costs and revenues of the company
    5. Product and price choicecision-making of a perfectly competitive firm, the efficiency of perfect competition
    6. Product and price decision-making of a company in the monopoly position and in conditions of monopolistic competition
    7. Equilibrium of of a firm in oligopoly conditions; alternative targets of a company
    8. Formation of prices on production factors markets and the labour market
    9. Capital market and equilibrium on capital market
    10. Investment decision-making in conditions of risk and uncertainty
    11. General equilibrium and economic efficiency
    12. Market failure, its causes, and the state microeconomic policy
    Lectures and seminars are based on the information-receptive method, verbal methods (description, explanation), interpretation, presentation, demonstration (graphics, schemes, dynamic projection).
Literature
    required literature
  • MANKIW, N. Gregory. Principles of microeconomics. CT: Cengage Learning, 2015. ISBN 978-1285165905. info
  • SMEJKAL, V., a K. RAIS. Řízení rizik ve firmách a jiných organizacích. Praha: GRADA, 2013. ISBN 978-80-247-4644-9. info
  • SOUKUPOVÁ, Jana. Mikroekonomie. Praha: Management Press, 2010. ISBN 978-80-726-1218-5. info
  • JUREČKA, V. a kol. Mikroekonomie. Praha: Grada Publishing, 2010. ISBN 978-80-247-3259-6. info
    recommended literature
  • FRANK, Robert H. a Ben. BERNANKE. Principles of Microeconomics. Boston: McGraw-Hill/Irwin, 2007. ISBN 978-00-731-9398-4. info
Assessment methods (in Czech)
Zápočet: aktivní účasti na cvičeních, průběžné testy, zápočtový test.
Zkouška: ústní.
Language of instruction
Czech
Further Comments
Study Materials
The course can also be completed outside the examination period.
The course is taught annually.
The course is also listed under the following terms summer 2021, summer 2022, summer 2024.
  • Enrolment Statistics (summer 2023, recent)
  • Permalink: https://is.mvso.cz/course/mvso/summer2023/XMIK2