114-0900/03 – Economics (ECO)

Gurantor departmentDepartment of EconomicsCredits10
Subject guarantordoc. Ing. Aleš Melecký, Ph.D.Subject version guarantorprof. Ing. Václav Jurečka, CSc.
Study levelpostgraduateRequirementCompulsory
YearSemesterwinter + summer
Study languageCzech
Year of introduction2013/2014Year of cancellation2013/2014
Intended for the facultiesEKFIntended for study typesDoctoral
Instruction secured by
LoginNameTuitorTeacher giving lectures
FRA40 prof. Dr. Ing. Jan Frait
HLA31 Ing. Karel Hlaváček, Ph.D.
HON05 Ing. Martin Hon, Ph.D.
JAN77 Ing. Ivana Jánošíková, Ph.D.
JUR20 prof. Ing. Václav Jurečka, CSc.
KOT07 prof. JUDr. Ing. Igor Kotlán, Ph.D.
LOK02 Ing. Aleš Lokaj, Ph.D.
MAH11 prof. Ing. Martin Macháček, Ph.D. et Ph.D.
PAK10 Michaela Paková
POL01 prof. RNDr. PhDr. Stanislav Polouček, CSc.
S1I44 doc. RNDr. Milan Šimek, Ph.D., MBA
SPA60 Ing. Lenka Spáčilová, Ph.D.
VAR10 prof. PhDr. František Varadzin, CSc.
WRO25 Ing. Tomáš Wroblowský, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Examination 35+0
Part-time Examination 35+0

Subject aims expressed by acquired skills and competences

The pedagogical aim of this course is students´ ability - to think analyticly and independently about economic phenomena and processes - to understand the sense and essence of the methodology of economic science - to analyze critically and to assess (including predictive power) microeconomic and macroeconomic models in the framework of main - stream economics - to analyze critically and to assess alternative economic theories (institutional, evolutionary, constitutional ... economics) - to synthesize microeconomic and macroeconomic approach to analysis of real economy.

Teaching methods

Individual consultations


The aim of the course is both to deepen the knowledge gained in the study of microeconomics, macroeconomics and international economics at the master's level, as well as to expand problem areas by topics normally included in the study at the doctoral level. In contrast to the subjects of the follow-up master's study, the theoretical component of teaching is significantly strengthened and the interpretation of the issue is based mainly on mathematically formulated models and advanced graphics apparatus.

Compulsory literature:

FRANK, Robert H. Microeconomics and Behavior. 10th ed. New York: McGraw-Hill, 2021. 600 s. ISBN 9781260575644. KRUGMAN, Paul R., Maurice OBSTFELD a Marc MELITZ. International Economics: Theory and Policy. 12th ed. Harlow: Pearson, 2023. 824 s. ISBN 978-1292409719. ROMER, David. Advanced Macroeconomics. 5th ed. New York: McGraw-Hill, 2018. 800 s. ISBN ‎978-1260185218.

Recommended literature:

APPLEYARD, Dennis R. a Alfred J. FIELD. International Economics. 9th ed. New York: McGraw-Hill, 2016. 832 s. ISBN 978-1259290626. HEISE, Michael. Inflation Targeting and Financial Stability: Monetary Policy Challenges for the Future. 1st ed. Cham: Springer, 2019. 125 s. ISBN 978-3030050771. VARIAN, Hal R. Intermediate Microeconomics. A Modern Approach: Media Update. 9th ed. New York: Norton and Company, 2019. 832 s. ISBN 978-0393689891.

Way of continuous check of knowledge in the course of semester


Other requirements

Study of recommended literature.


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

A. Microeconomics Content definition: Consumer theory: utility maximization by the demand, existence single solution. Marshall's demand. Indirect utility function. analysis demand: to maximize benefit and minimize costs as a dual problem. next approaches to consumer theory. Consumer technology. theory manifested preferences. The selection of optimal technology. The company and technology. Economy

Conditions for subject completion

Full-time form (validity from: 2013/2014 Winter semester, validity until: 2013/2014 Summer semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of pointsMax. počet pokusů
Examination Examination   3
Mandatory attendence participation:

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Conditions for subject completion and attendance at the exercises within ISP:

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Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2013/2014 (P6202) Economic Policy and Administration (6202V010) Finance P Czech Ostrava Compulsory study plan
2013/2014 (P6202) Economic Policy and Administration (6202V010) Finance K Czech Ostrava Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner

Assessment of instruction

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