114-0500 – Microeconomics A (MIC A)

Gurantor departmentDepartment of Economics
Subject guarantordoc. Ing. Martin Hodula, Ph.D.
Study levelundergraduate or graduate
Subject version
Version codeYear of introductionYear of cancellationCredits
114-0500/01 2006/2007 2011/2012 5
114-0500/02 2012/2013 2020/2021 6
114-0500/03 2019/2020 5
114-0500/04 2023/2024 6

Subject aims expressed by acquired skills and competences

The aim of the course: students are able to: - describe the basic economic cathegories, - think in independent and creative way about economic problems, - explain the behaviour of consumers, households and firms - understand, how the product markets and the labour and capital market work. - analyze causes and consequences of market failures and to conceive the microeconomic role of the government.

Teaching methods

Lectures
Individual consultations
Tutorials

Summary

The aim of the subject is to make the basis for students’ independent creative economic thinking. The main emphasis is laid on the behaviour of consumers, households, firms and government. Attention is also paid to the labour market and capital market.

Compulsory 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. ISBN 9780170382656. KRUGMAN, Paul and Robin WELLS. Microeconomics. 6th ed. Duffield: Worth Publishers, 2021. ISBN 9781319245283. MANKIW, N. Gregory. Principles of Economics. 9th ed. Boston: Cengage, 2020. ISBN 9780357038314.

Recommended literature:

COWEN, Tyler and Alex TABARROK. Modern Principles: Microeconomics. 5th ed. New York: MacMillan Learning, 2021. ISBN 9781319329785. GOOLSBEE, Austan, Steven LEVITT and Chad SYVERSON. Microeconomics. 3rd ed. Duffield: Worth Publishers, 2019. ISBN 9781319105563. MATEER, Dirk and Lee COPPOCK. Principles of Microeconomics. 3rd ed. New York: W.W. Norton & Company, 2021. ISBN 9780393422474.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.