Máte zapnutý náhled celé osnovy, zpět na běžné zobrazení.
Načítání a prohlížení osnovy může být v závislosti na množství obsahu pomalejší.
Rules of the course Microeconomics 2
Schedule of topics
- Budget Constraint, Preferences and Utility (22/9)
- Choice and Revealed Preference (29/9)
- Demand and Slutsky Equation (6/10)
- Consumer's Surplus, Market Demand and Equilibrium (13/10)
- Uncertainty (20/10)
- Firm (27/10)
- Firm Supply and Industry Supply (3/11)
- Monopoly and Monopoly Behaviour (10/11)
- Public holiday (17/11)
- Oligopoly and game theory (24/11)
- Cartel and Asymmetric Information (1/12)
- Exchange and Production (8/12)
- Behavioural Economics (15/12)
Literature
- VARIAN, Hal R. Intermediate microeconomics :a modern approach. 8. ed. New York: Norton, 2010. xxiv, 739,. ISBN 9780393934243.
- BERGSTROM, Theodore C. a Hal R. VARIAN. Workouts in intermediate microeconomics. 8th ed. New York: W.W. Norton, 2009. 562, 38 s. ISBN 9780393935158.
Final exam
The final exam has 30 questions a/b/c/d/e, each with exactly one correct answer (see a sample test). Correct answers are rewarded with 1 point, and incorrect or no answers with 0 points each. The time for the exam will be 120 minutes. Students may take the exam three times in the first year, and twice if they have Microeconomics 2 for the second time. Students receive grade for each attempt. So, for instance, the final result of a student who needs two attempts to succeed may be FC.
Grading:
- A: 26 – 30 points
- B: 23 – 25 points
- C: 21 – 22 points
- D: 19 – 20 points
- E: 17 – 18 points
- F: 0 – 16 points
Instructions
The exam dates can be chosen from several options in the IS system. Come at least 10 minutes before the starting time. For the entry in the room, you will need ISIC (or any other document with a photograph, such as passport or driving licence). Once you have entered the room, you might not be able to leave for over two hours.
During the exam, you may have these things with you:
- document (ISIC, passport)
- pens, pencils, ...
- calculator that is not a part of the phone, tablet, computer, etc.
- drink
- handkerchief
- papers that you get from the instructors
All other things must be in a bag. Mobile phone must be switched off.
Any copying, recording or leaking tests, use of unauthorized tools, aids and communication devices, or other disruptions of objectivity of exams (credit tests) will be considered non-compliance with the conditions for course completion as well as a severe violation of the study rules. Consequently, the teacher will finish the exam (credit test) by awarding grade "F" in the Information System, and the Dean will initiate disciplinary proceedings that may result in study termination.
Study materials
Budget Constraint, Preferences and Utility (22/9)
Literature: Varian (8e), chapters 2, 3, and 4
Slides, Slides (print), Workouts
Additional materials:
- Slides (won't be used in lectures): budget constraint, preferences, utility
- Papers from the slides: Black, Sanders a Taylor 2003, Fenn a Crooker 2009
- Lecture of Steven Levitt on Sackler Big Data Colloquium: Thinking Differently About Big Data
Choice and Revealed Preference (30/9)
Literature: Varian (8e), chapters 5 and sections 7.1–7.7
Slides, Slides (print), Workouts
Additional materials:
- Slides (won't be used in lectures): choice, revealed preference
- Papers from the slides: Waldfogel 1993, Ishii 2005
Demand and Slutsky Equation (6/10)
Literature: Varian (8e), chapters 6 a 8
Slides, Slides (print), Workouts
Additional materials:
- Slides (won't be used in lectures): demand, Slutsky equation
- Papers from the slides: Jensen a Miller 2008, Kagel et al. 1975, Chen et al. 2006
Consumer's Surplus, Market Demand and Equilibrium (13/10)
Literature: Varian (8e), chapters 14, 15, and 16
Slides, Slides (print), Workouts
Additional materials:
- Slides (won't be used in lectures): consumer's surplus, market demand, equilibrium
- Papers from the slides: King 1981 (NBER version)
- Rory Sutherland, TED lecture: Brand over Brain
Uncertainty (20/10)
Literature: Varian (8e), chapter 12
Slides, Slides (print), Workouts
Additional materials:
- Slides (won't be used in lectures): uncertainty
- Papers from the slides: Kahneman a Tversky 1979, Snowberg a Wolfers 2006, Finkelstein a McKnight 2008, Becker, Murphy a Topel 2010, Weitzman 2009
Firm (27/10)
Literature: Varian (8e), chapters 18, 19 (without 19.2-4 a 11), 20 (without 20.2-3) a 21
Slides, Slides (print), Workouts
Additional materials:
- Slides (won't be used in lectures): technology, profit maximization, cost minimization, cost curves
- Papers from the slides: Cooper a Hatiwanger 2006, Jensen 2007, Piacenza 2006, Acemoglu a Finkelstein 2008
Firm Supply and Industry Supply (3/11)
Literature: Varian (8e), chapters 22 a 23
Slides, Slides (print), Workouts
Additional materials:
- Slides (won't be used in lectures): firm supply, industry supply
- Paper from the slides: Hortacsu a Puller 2008
- Podcast: NPR Planet Money: "The Taxi King"
Monopoly and Monopoly Behavior (10/11)
Literature: Varian (8e), chapters 24 a 25
Slides, Slides (print), Workouts
Additional materials:
- Slides (won't be used in lectures): monopoly, monopoly behavior
- Papers from the slides: Dubé 2005
Oligopoly and Game Theory (24/11)
Literature: Varian (8e), chapters 27.1-9, 28.1-3, 28.7-8
Slides, Slides (print), Workouts
Additional materials:
- Slides (won't be used in lectures): oligopoly, game theory
- Papers from the slides: Chiappori, Groseclose a Levitt 2002, Ellison a Ellison 2009, Aghion et al. 2001
Cartel and Asymmetric Information (1/12)
Literature: Varian (8e), chapters 27.10-11, 28.4-6, 37
Slides, Slides (print), Workouts
Additional materials:
- Slides (won't be used in lectures): asymmetric information
- Papers from the slides: List 2006, Hungerford a Solon 1987, Weiss 1988, Levitt a Syverson 2008
Exchange and Production (8/12)
Literature: Varian (8e), chapters 31, 32.7–9, 32.11–14
Slides, Slides (print), Workouts
Additional materials: slides (won't be used in lectures): exchange, production
Behavioral Economics (15/12)
Literature: Varian (8e), chapter 30 a Goolsbee, Levitt, Syverson: Microeconomics (anglicky), kapitola 17
Additional materials:
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Slides (won't be used in lectures): behavioral economics
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Papers from the slides: Tversky a Kahneman 1981, Kahneman, Knetsch a Thaler 1990, Thaler 1985, Arkes a Blumer 1985, Genesove a Mayer 2001, DellaVigna a Malmendier 2006, Bardsley 2008, Meer a Rosen 2009, DellaVigna, List a Malmendier 2012, Becker, Murphy a Topel 1988, Angrist 1990
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Steven Levitt´s lecture at Imagine 2013 General Session here
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TED lecture by Dan Ariely: "Are we in control of our decisions" here