FC6003 Orientation market economy

Faculty of Education
Autumn 2019
Extent and Intensity
2/1/0. 4 credit(s). Type of Completion: zk (examination).
Teacher(s)
Mgr. Ing. Peter Marinič, Ph.D. (lecturer)
Guaranteed by
doc. RNDr. Petr Sládek, CSc.
Department of Physics, Chemistry and Vocational Education – Faculty of Education
Contact Person: Jana Jachymiáková
Supplier department: Department of Physics, Chemistry and Vocational Education – Faculty of Education
Timetable of Seminar Groups
FC6003/Kombi01: Sat 5. 10. 8:00–9:50 učebna 1, Sat 19. 10. 8:00–9:50 učebna 1, Sat 2. 11. 10:00–11:50 učebna 1, Sat 9. 11. 8:00–9:50 učebna 1, Sat 16. 11. 8:00–9:50 učebna 1, Sat 7. 12. 8:00–9:50 učebna 1, P. Marinič
FC6003/Prez01: Tue 19:00–19:50 učebna 64, Wed 18:00–19:50 učebna 54, P. Marinič
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
there are 8 fields of study the course is directly associated with, display
Course objectives
The aim of the course is to provide an overview of knowledge in the field of economics. Students will become familiar with the tools and methods of purchase management, sales management, and supply management, including methods of economic evaluation of the process and importance of logistics in commercial activities. Content is focused on basic concepts in economics, developing the ability to understand the economic issues related to political, social and ethical aspects.
Knowledge: Costs; market system; demand and supply; GDP; consumption; savings; investments.
Skills: Understanding the economic issues related to political, social and ethical aspects.
Attitudes: Study of economics will allow students to acquire the economic way of thinking and reasoning.
Learning outcomes
After completing the course, students should know and be able to: - Properly use terms from the public economy.
- Count the cost of different types.
- The goal is to understand the main laws and problems of modern public economy systems
- Also understands tax theory.
Syllabus
  • 1) The economic way of thinking. Revenues and expenses.
  • 2) Cost: fixed, variable, total, average marginal; opportunity costs, sunk costs.
  • 3) Market system. Supply and demand curve. Market equilibrium. Shifts of curves.
  • 4) Elasticity of demand and supply. Cross elasticity. Price and income elasticity.
  • 5) Human capital theory. Differences in wages (men and women, minorities, the minimum wage, subsistent minimum).
  • 6) Economic growth and the economic cycle. GDP and GNP.
  • 7) Unemployment: frictional, structural and cyclical.
  • 8) Inflation (specific, galloping, hyperinflation), measuring inflation.
  • 9) Consumption, savings and investments. Private and public savings.
  • 10) Financial system. Banking system. Central bank and merchant bank. Stocks and bonds.
  • 11) International trade. Protectionist policy. The process of formation of the state budget, European Union
  • 12) National economy and economic process (cycle of values in national economy). Instruments of state to influence economic development (legal, fiscal, monetary)
Literature
    required literature
  • FRANK, Robert H. Mikroekonomie a chování. Vyd. 1. Praha: Svoboda. A-H, ix. ISBN 8020504389. 1995. info
  • DORNBUSCH, Rudiger and Stanley FISCHER. Makroekonomie. 1. vyd. Praha: SPN. 602 s. ISBN 8004255566. 1994. info
    recommended literature
  • HOLMAN, Robert and Dana POSPÍCHALOVÁ. Úvod do ekonomie : pro střední školy. Vyd. 1. V Praze: C.H. Beck. xii, 189. ISBN 8071790230. 2001. info
Teaching methods
The course consists of lectures, discussions, solving of thematic examples, and individually processed essay on a selected economic topic.
Assessment methods
The course ends with an oral exam supplemented by the defence of processed essay.
Language of instruction
Czech
Further comments (probably available only in Czech)
Study Materials
The course is taught annually.
Information on the extent and intensity of the course: 12 hodin.
The course is also listed under the following terms Autumn 2017, Autumn 2018, autumn 2020, Autumn 2021, Autumn 2022, Autumn 2023.
  • Enrolment Statistics (Autumn 2019, recent)
  • Permalink: https://is.muni.cz/course/ped/autumn2019/FC6003