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Lecturer(s)
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Sojková Lenka, PhDr. Ing. Ph.D.
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Course content
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1. Market mechanism and its operation. 2. Elasticity of supply and demand, market equilibrium 3. Theory of utility and consumer behaviour 4. Theory of production and marginal product, Izoquant analysis 5. Cost analysis 6. Perfect competition 7. Imperfect competition 8. Labour market and labour union 9. Macroeconomic output 10. Consumption, saving and investment 11. Money, currency, inflation 12. Unemployment, natural rate of unemployment and Phillips curve 13. Economic growth and business cycle 14. Monetary and fiscal policy
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Learning activities and teaching methods
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Monological explanation (lecture, presentation,briefing)
- Class attendance
- 42 hours per semester
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Learning outcomes
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The subject Introduction to Economics is a course designed for both full-time and distance-learning students of Faculty of Mechatronics and Interdisciplinary Engineering Studies of Technical University of Liberec within the range of one semester. It results from the necessity of mastering an economic way of thinking and a basic economic terminology by technically orientated experts.
Students obtain knowledge in given course in accordance with requirements and course programme.
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Prerequisites
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Knowledge in given course in accordance with requirements and course programme.
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Assessment methods and criteria
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Combined examination
Credit: written test, oral exam
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Recommended literature
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Brandová, B. Úvod do ekonomie. Praktikum.. TU v Liberci, 2017. ISBN 978-80-7494-360-7.
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KRAFT, J., BEDNÁŘOVÁ, P., KOCOUREK, A. Ekonomie I..
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Macáková, L. a kol. Mikroekonomie. Základní kurz.. Melandrium.Praha, 2010. ISBN 978-80-86175-70-6.
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Pavelka, T. Makroekonomie. Základní kurz.. Melandrium, Praha, 2007. ISBN 80-86175-58-4.
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