Course objectives

The aim of this course is to introduce students to the fundamentals of the classical stream of microeconomic theory, thereby establishing a general foundation for the study of specialized economic disciplines in subsequent years of study. Upon completion of this course, students will be able to: Characterize basic economic categories and principles from the perspective of contemporary microeconomic theory, explain the behavior of individual market subjects in partial markets, argue for the attainment of equilibrium in the market for goods and services and in the market for factors of production, define the determination of the optimum for rational market behavior of households and firms, evaluate the behavior of firms in perfectly and imperfectly competitive markets, assess market failures, define microeconomic policy of the state.

Assessment methods

Zápočet: docházka na cvičení (min. 80 %), závěrečný zápočtový test (min. 70 %).

Zkouška: udělený zápočet, ústní zkouška.