D_MIK Microeconomics

Faculty of Economics and Administration
Autumn 2000
Extent and Intensity
0/0. Type of Completion: zk (examination).
Teacher(s)
Doc. Ing. Jindřich Soukup, CSc. (lecturer)
Guaranteed by
prof. PhDr. Kamil Fuchs, CSc.
Department of Economics – Faculty of Economics and Administration
Contact Person: prof. PhDr. Kamil Fuchs, CSc.
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
The course surveys the systematic analysis of behaviour of two basic market subjects (households and firms) on the individual market types (i.e. final product markets and production factors markets). The student will be presented in detail with the theory of general equilibrium and the issues related to the decision making of economic entities under the conditions of risk and uncertainty. The structure of the subject is given by the following topic areas: Methodological introduction (analytical tools for microeconomics, development of the microeconomic theory). Demand analysis (preferences and the function of total utility, comparative statistics; the impact of the change in the nominal income on demand, comparative statistics; the impact of change in the real income on demand, theory of shown preferences). The theory of the firm (choice of the optimum technology and cost minimization, owner's utility maximization). Market equilibrium and market failure (market force: imperfect competition, externalities and public goods, asymmetric information, risk and uncertainty, internal audit of the firm). Markets interaction (theory of general equilibrium, welfare economics, the state of public choice. socioeconomic models; evolutionary economics).
Language of instruction
Czech
Further comments (probably available only in Czech)
Information on completion of the course: zkoušku vykonat do konce následujícího semestru
The course can also be completed outside the examination period.
The course is taught annually.
The course is taught: in blocks.
Information on the extent and intensity of the course: 24 hodin za semestr.

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