Course: Microeconomics II

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Course title Microeconomics II
Course code KEK/MI2HP
Organizational form of instruction Lecture + Lesson
Level of course Master
Year of study not specified
Semester Summer
Number of ECTS credits 7
Language of instruction Czech, English
Status of course Compulsory
Form of instruction Face-to-face
Work placements Course does not contain work placement
Recommended optional programme components None
Lecturer(s)
  • Brandová Blanka, Ing. Ph.D.
  • Skála Marek, Ing. Mgr. Ph.D.
  • Kraft Jiří, prof. Ing. CSc.
  • Kocourek Aleš, doc. Ing. Ph.D.
  • Bednářová Pavla, doc. PhDr. Ing. Ph.D.
Course content
1. Behavior of Consumer and Demand 2. Determination of Demand 3. Uncertainty 4. Production 5. Costs and Revenues of Firm 6. Model of Perfect Competition 7. Characteristics of Monopoly 8. Oligopoly 9. Monopolistic Competition 10. Alternative Aims of Firm 11. Labour Market 12. Capital Market 13. General Equilibrium 14. Market Failure and Microeconomics Policy

Learning activities and teaching methods
Monological explanation (lecture, presentation,briefing)
  • Class attendance - 56 hours per semester
Learning outcomes
The course of Microeconomics II is shaped for engineer study programme. The course is focused on extending theoretical knowledge learnt at the bachelor course. The aim of the lessons is theory of consumer behavior, theory of production, and analysis of labour and capital market. The microeconomical measures of government will be analysed as well.
Students obtain knowledge in given course in accordance with requirements and course programme.
Prerequisites
General knowledge in the extent of bachelor degree is assumed. Precondition: students have to pass succesfully courses of Macroeconomics I and/or Microeconomics I.

Assessment methods and criteria
Combined examination

Full-time study:Total of 18 points from five mini-tests (10 points) and final test (20 points). Possibility of one corrective test: test - gain of at least 18 points out of 30 (points from mini-tests are no longer included in the point gain). Classification of credit (percentage): 100 - 92 excellent A 91 - 85 excellent minus B 84 - 76 very good C 75 - 68 very good D 67 - 60 good E
Recommended literature
  • FRANK, R. H. Mikroekonomie a chování. Svoboda. Praha, 1995. ISBN 80-205-0438-9.
  • HOŘEJŠÍ, B., J. SOUKUPOVÁ, L. MACÁKOVÁ a J. SOUKUP. Mikroekonomie. Management Press. Praha, 2010. ISBN 978-80-7261-218-5.
  • KRAFT, J., P. BEDNÁŘOVÁ a A. KOCOUREK. Mikroekonomie II. Technická univerzita v Liberci. Liberec, 2013. ISBN 978-80-7372-992-9.
  • MACÁKOVÁ, L., L. BREŇOVÁ, J. SOUKUPOVÁ, J. SOUKUP. Mikroekonomie II - cvičebnice. Melandrium. Slaný, 2008. ISBN 80-205-0483-9.
  • VARIAN, H. R. Intermediate Microeconomics: A Modern Approach. W. W. Norton. New York, 2010. ISBN 978-0393-935332.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester