EP2AMI Advanced Microeconomics

Moravian Business College Olomouc
winter 2025
Extent and Intensity
2/2. 6 credit(s). Type of Completion: zk (examination).
Taught in person.
Teacher(s)
doc. Ing. Magdaléna Drastichová, Ph.D. (lecturer)
doc. Ing. Magdaléna Drastichová, Ph.D. (seminar tutor)
Guaranteed by
doc. Ing. Magdaléna Drastichová, Ph.D.
Moravian Business College Olomouc
Supplier department: Moravian Business College Olomouc
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives (in Czech)
The aim of the Advanced Microeconomics course is to provide students with new analytically justified observations that expand and broaden the knowledge acquainted from the study of the Microeconomics elementary course. It guarantees more accurate orientation in the theoretical foundation of the course and a higher level of understanding of the meaning as well as the general level and the outcomes of the study of the other economic and non-economic courses in the individual specialties. The content of this course includes topics that deal with consumer and investor decision-making analysis, under the conditions of risk and uncertainty. Further on, this course targets analysing the theoretical interpretation together with the real economic problems occurring in practice. The deeper analysis of the course’s individual theoretical problems and their essential parts in context provides students with crucial microeconomic analysis skills and the ability to solve practical enterprise and regional-level problems. The aim is also to help in creating abilities and skills for effective economic thinking, behaviour, and decision-making.
Syllabus (in Czech)
  • 1. Introduction to study of advanced microeconomics.
  • 2. Consumer behaviour and the demand formation.
  • 3. Consumer decision-making under the conditions of risk.
  • 4. Company behaviour, choice of technology, companies’ costs and income.
  • 5. Choice of output by a perfectly competitive company.
  • 6. Companies’ decision-making in a position of monopoly.
  • 7. Companies’ equilibrium in oligopoly conditions.
  • 8. Formation of prices on production factors markets.
  • 9. Capital market.
  • 10.Investment decision-making in conditions of risk and uncertainty.
  • 11.General balance and efficiency.
  • 12.Market failure, its causes and state microeconomic policy.
Literature
    required literature
  • JUREČKA, Václav a kol. Mikroekonomie. 3. akt. vyd. Praha: Grada, 2018, 360 s. ISBN 978-80-271-0146-7.
  • SOUKUPOVÁ, Jana. Mikroekonomie. 6. akt. vyd. Praha: Management Press, 2018, 576 s. ISBN 978-80-7261-538-4.
  • ŠKRABAL, J. a E. JÍLKOVÁ, 2018, 2024. Pokročilá mikroekonomie. Olomouc: Moravská vysoká škola Olomouc, o.p.s.
    recommended literature
  • MANKIW, N. Gregory. Principles of Microeconomics. 7th ed. Stamford, CT: Cengage Learning. 2015. ISBN 978-1285165905.
Teaching methods (in Czech)
During the lectures and seminars, the information-receptive method, verbal methods (description, explanation), PowerPoint presentations, illustrative demonstration methods (graphic and schematic images, dynamic projection), participatory dialogic and practical methods (calculations, modeling) are used.
Assessment methods (in Czech)
Zápočet: aktivní účasti na cvičeních, průběžné testy, zápočtový test.
Zkouška: ústní.
Language of instruction
English
Further comments (probably available only in Czech)
Information on completion of the course: Zápočet, zkouška
The course can also be completed outside the examination period.
The course is taught annually.
The course is taught every week.
General note: Předmět je ekvivalentní k předmětu Pokročilá mikroekonomie, který se vyučuje v českém jazyce. Předmět bude vyučován KONZULTAČNÍ formou.
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